{"id":371018,"date":"2025-03-05T12:46:43","date_gmt":"2025-03-05T10:46:43","guid":{"rendered":"https:\/\/informante.web.na\/?p=371018"},"modified":"2025-03-05T12:46:55","modified_gmt":"2025-03-05T10:46:55","slug":"bank-of-namibia-unveils-n60-commemorative-banknote-honouring-late-president-geingob","status":"publish","type":"post","link":"https:\/\/informante.web.na\/?p=371018","title":{"rendered":"Bank of Namibia unveils N$60 commemorative banknote honouring late president Geingob"},"content":{"rendered":"\n

Staff Reporter<\/p>\n\n\n\n

THE Bank of Namibia has officially launched the Dr Hage G. Geingob N$60.00 Commemorative Banknote.<\/p>\n\n\n\n

\u201cIssuing the 60 Namibian dollar banknote may prompt inquiries regarding its significance. The explanation behind the denomination of 60 is straightforward: Dr Geingob devoted 60 years of his life to the selfless service of this nation, encompassing his time in exile, his return, and his leadership in an independent Namibia. Thus, the number 60 carries profound symbolic meaning, reflecting his extensive commitment to the country throughout these decades,\u201d Johannes !Gawaxab, the Governor of the Bank of Namibia, explained.<\/p>\n\n\n\n

He went on to highlight that, while the banknote is commemorative, its issuance is in line with the Bank\u2019s mandate under Section 38(1) of the Bank of Namibia Act, 2020, reinforcing the Bank\u2019s role in preserving national identity through currency.<\/p>\n\n\n

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\u201cUpon release, the N$60.00 commemorative banknote will serve as legal tender and a cherished collector\u2019s item. It will co-circulate with all other Namibian banknotes, further embedding its significance into the nation\u2019s daily transactions. We expect the note to enter circulation this month. The period between today\u2019s launch and the issuance will provide an opportunity to undertake a comprehensive public awareness campaign to ensure every Namibian understands its features and security elements,\u201d the governor added.<\/p>\n\n\n\n

He emphasised that a nation\u2019s currency is more than just a means of payment; it is, as he put it, a declaration of sovereignty, a marker of identity, and a reflection of history. The new banknote, he explained, is therefore intended to permanently commemorate the legacy of the late Dr Geingob.<\/p>\n\n\n\n

\u201cFrom the dawn of our nation, he helped shape our fate. As a teacher and a leader, he was a strong voice against the subjugation of one man over another. Through sixty bold years, his service to this nation stood tall. From classrooms in Tsumeb to UN halls, and academic corridors in Lusaka, he answered the call. He steered our foundation, our Constitution, our decree, A statesman of vision, steadfast and free. He walked with the people, their struggles he knew. Many a townhall meeting can attest he wanted to know. He saw our tomorrow beyond yesterday. So, it is proper to honour him with a banknote. His story is noteworthy, worth telling, worth immortalising,\u201d !Gawaxab added.<\/p>\n","protected":false},"excerpt":{"rendered":"

Staff Reporter THE Bank of Namibia has officially launched the Dr Hage G. Geingob N$60.00 Commemorative Banknote. \u201cIssuing the 60 Namibian dollar banknote may prompt inquiries regarding its significance. The explanation behind the denomination of 60 is straightforward: Dr Geingob devoted 60 years of his life to the selfless service of this nation, encompassing his …<\/p>\n","protected":false},"author":10,"featured_media":371019,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27,24],"tags":[],"class_list":["post-371018","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","category-news"],"yoast_head":"\nBank of Namibia unveils N$60 commemorative banknote honouring late president Geingob - Informant\u00e9<\/title>\n<meta name=\"description\" content=\"THE Bank of Namibia has officially launched the Dr Hage G. 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