Kenya new banknote family reported for introduction 29.09.2015
11 10, 2015 11:54 Category: Africa
According to an article on KBC dated 25 September 2015, on National Treasury Cabinet Secretary Henry Rotich says the government has finalized preparations for the new currency whose features would be unveiled on 29 September.
Article 231 section 4 of the Constitution prohibits the use of portraits or images of individuals on the currency and instead says notes and coins should only bear images that depict or symbolize an aspect of Kenya. Central Bank of Kenya was given until the beginning of this month to adhere to this. Rotich says despite the delay details of the new design of the local currency are now ready and would be unveiled next week.
He made the remarks during the launch of the CBK@50 celebrations, the first in a series of activities running for one year and culminating in celebrations slated for September, 2016 when CBK turns 50.
UPDATE: As of 10 October 2015, there is nothing about a new family of notes on the Central Bank of Kenya's web site.
Courtesy of Cleo Phas.
Article 231 section 4 of the Constitution prohibits the use of portraits or images of individuals on the currency and instead says notes and coins should only bear images that depict or symbolize an aspect of Kenya. Central Bank of Kenya was given until the beginning of this month to adhere to this. Rotich says despite the delay details of the new design of the local currency are now ready and would be unveiled next week.
He made the remarks during the launch of the CBK@50 celebrations, the first in a series of activities running for one year and culminating in celebrations slated for September, 2016 when CBK turns 50.
UPDATE: As of 10 October 2015, there is nothing about a new family of notes on the Central Bank of Kenya's web site.
Courtesy of Cleo Phas.
