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Bank of Namibia Introduces N$60 Banknote Honoring Hage Geingob

The Bank of Namibia launched a N$60 banknote commemorating former president Hage Geingob, recognizing his 60 years of service. The note will circulate in two weeks, initially as a collector’s item due to limited issuance.

The Bank of Namibia has unveiled a new N$60 banknote in honor of former president Hage Geingob. During the launch event, Bank governor Johannes !Gawaxab emphasized the significance of the number 60, noting it symbolizes the years Geingob dedicated to serving his nation.

The banknote will be available for circulation within two weeks, with the purpose of conducting public awareness campaigns prior to its release. While it will function as legal tender, only a limited quantity will be issued, designating it a collector’s item.

The introduction of the N$60 banknote serves as a tribute to Hage Geingob’s long-standing commitment to Namibia. With an emphasis on its limited issuance and collectors’ value, the Bank of Namibia aims to celebrate this milestone while promoting awareness of the new currency.

Original Source: www.namibian.com.na

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