Namibia pays tribute to Geingob with once-off banknote

* The Bank of Namibia (BoN) has launched a once-off N$60 ($ 3.27) banknote in commemoration of former President Hage Geingob. BoN governor Johannes !Gawaxab said the number 60 is symbolic, as it represents the number of years Geingob spent serving Namibia. The note will enter circulation in two weeks to allow the bank to hold public awareness campaigns. ‘The banknote will circulate alongside existing banknotes and coins, serving both as legal tender and a collector’s item. However, it will only be a one-off print,’ said !Gawaxab. President Nangolo Mbumba said Geingob prioritised diversification of the economy, which has been reflected on the note.