The Bank of Namibia has introduced a N$60 banknote to honor former president Hage Geingob for his 60 years of service. The note will enter circulation in two weeks as legal tender but will be limited in number, making it a collector’s item.
The Bank of Namibia has officially launched a N$60 banknote to honor former president Hage Geingob. Governor Johannes !Gawaxab emphasized that the number 60 signifies Geingob’s extensive commitment, marking his 60 years of dedicated service to the nation. The new note will be introduced into circulation within two weeks, allowing time for public awareness initiatives regarding its release.
!Gawaxab remarked that while this note will be considered legal tender upon release, the bank will intentionally limit its circulation, designating it as a collector’s item. This strategic move aims to commemorate Geingob’s legacy while providing an opportunity for the public to acquire a unique piece of history.
In summary, the launch of the N$60 banknote by the Bank of Namibia serves to celebrate the contributions of former president Hage Geingob, reflecting his decades of national service. With limited circulation, this banknote promises to be both a functional currency and a collector’s item, raising public awareness about Geingob’s impactful legacy in Namibian history.
Original Source: www.namibian.com.na
