Banknote printer De La Rue's additional Sh258m pain in Kenya exit
Additional Sh258m expenses arose from redundancy and asset impairment charges.
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Additional Sh258m expenses arose from redundancy and asset impairment charges.
(Bloomberg) -- Kenya’s shilling posted its worst performance in 30 years as interest rates in major economies rose, offshore investors reduced their holdings and foreign-exchange inflows from exports declined. Most Read from BloombergL’Oreal Heir Francoise Bettencourt Meyers Becomes First Woman With $100 Billion FortuneThe Late-Night Email to Tim Cook That Set the Apple Watch Saga in MotionBridgewater CEO’s Past Office Romance Led to Favoritism ClaimsMaine Bars Trump From State’s 2024 Presidenti
How shrinking Shilling has affected Kenyan businesses and the economy