The Bank of Namibia has launched a N$60 banknote to honor former president Hage Geingob, symbolizing his 60 years of national service. The note will enter circulation in two weeks, alongside public awareness campaigns. It will serve as legal tender but will be limited in issuance, making it a collector’s item.
The Bank of Namibia has officially launched a N$60 banknote honoring former president Hage Geingob. On Wednesday, during the ceremony, the governor of the Bank of Namibia, Johannes !Gawaxab, highlighted the significance of the number 60, which symbolizes Geingob’s six decades of service to Namibia.
Geingob has dedicated 60 years to the nation’s service, according to !Gawaxab. The newly introduced banknote will be available in circulation within two weeks, allowing time for public awareness initiatives to take place.
Once released, the N$60 banknote will be recognized as legal tender; however, its limited issuance will classify it as a collector’s item, as stated by !Gawaxab.
In summary, the introduction of the N$60 banknote by the Bank of Namibia marks a significant tribute to Hage Geingob’s extensive service to the country. With the banknote set to circulate soon, it presents a unique opportunity for collectors while simultaneously honoring the enduring legacy of a prominent national leader.
Original Source: www.namibian.com.na
