THE Hage Geingob commemorative N$60 banknote was officially launched on Wednesday.
President Nangolo Mbumba says the banknote is a reflection of former president Hage Geingob’s well-known motto: “No one should feel left out of the Namibian House”.
“This commemorative banknote cements Geingob’s vision – which was not only for economic recovery and growth but also for shared economic prosperity for all the Namibian citizens,” said Mbumba.
Mbumba said Geingob prioritised diversification of the economy, which has also been reflected on the note.
One of the features on the new note is a picture of a green hydrogen tank, reflecting Geingob’s passion for renewable energy development.
Mbumba also said Geingob’s leadership built bridges and developed networks to establish Namibia as a frontier for new economic initiatives and opportunities across southern Africa.
The note will enter into circulation in two weeks.
Upon release it will serve as legal tender, but printing will be limited making the banknote a collectors item.
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