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On August 18, 2016, the National Treasury signed a joint venture agreement with the UK’s De La Rue plc local subsidiary in Kenya.
The deal was given the go-ahead by the Cabinet on July 28, 2016, effectively shutting Parliament out of interrogating it. The deal grants the Kenya government, through the National Treasury, a 40 per cent stake in the local subsidiary De La Rue Currency and Security Print EPZ Ltd.
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