Namibia has released a commemorative banknote to honor late President Hage Geingob, who passed away in February 2024. The 60-Namibian-dollar note serves as a legal tender and commemorates his six decades of service. The Bank of Namibia will also launch a new series of banknotes and coins in June, enhancing security and modern features.
On Wednesday, Namibian President Nangolo Mbumba formally introduced a commemorative banknote honoring the late President Hage Geingob in Windhoek. This initiative commemorates Geingob’s invaluable contributions to Namibia, particularly following his passing on February 4, 2024, during cancer treatment. Mbumba described Geingob as a ‘nation builder’ whose vision significantly shaped the country.
The banknote, valued at 60 Namibian dollars, is a collector’s item, produced as a one-time print. It will also function as legal tender, symbolizing Geingob’s lasting impact on the nation. According to Bank of Namibia Governor Johannes Gawaxab, the number 60 is particularly significant, representing the six decades Geingob dedicated to the nation, including his time in exile and subsequent leadership in independent Namibia.
Gawaxab also announced plans for the introduction of a new series of banknotes and coins in June, which will feature advanced security measures. He emphasized the importance of keeping the currency modern and secure. Previously, in 2020, the Bank of Namibia launched its first commemorative banknote—30 Namibian dollars to mark the 30th anniversary of independence, featuring key leaders from Namibia’s history, including Geingob.
In summary, Namibia has unveiled a commemorative banknote to honor the late President Hage Geingob, recognizing his extraordinary contributions to the nation. The 60-Namibian-dollar note serves as a legal tender and a collector’s item, symbolizing his leadership and commitment over decades. Additionally, the Bank of Namibia announced plans for a new series of banknotes and coins, indicating a continuous evolution in the nation’s currency.
Original Source: www.chinadaily.com.cn
