Bank of Namibia launches Geingob commemorative banknote

By: Ellen Shihepo

The Bank of Namibia has launched the N$60 commemorative banknote in honour of late President Hage Geingob’s 60 years of service to the Namibian nation.

Governor Johannes !Gawaxab announced at the launch today that the new notes will be issued after two weeks, a period dedicated to awareness campaigns on the security features and fixtures of the new commemorative notes.

He said the notes would serve as a collector’s item as there would be no reprinting down the line, adding that users could still trade with the note.

!Gawaxab said BoN is also releasing a new currency series in June with new security features, which will be used alongside the current notes and coins and not phased out immediately.

Full story in tonight’s bulletin.

Picture of the note not yet unveiled.

Written by: Terence Mukasa

#HageGeingob #NewsOnOne #NewsUpdate #OneAfrica Bank of Namibia

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