05 Nov 2021

Bank of Botswana (BoB) will, from November 15, issue into circulation a second emission of the P50 banknote bearing the signatures of the former Minister of Finance and Economic Development, Dr Thapelo Matsheka and Governor Moses Pelaelo.

A press release from the central bank says the second emission of the P50 bank note follows stock replenishment.

The release says the P50 banknote has maintained all the features of the circulating banknote, save for the signature and a thin layer of a post-print vanish intended to prolong the lifespan of the banknote and improve its quality.

It further says viewing the banknote from the front and held upright, the vanish can be visualised as glossy number 50 at the bottom left-hand corner and top left of the blind recognition feature (dots); glossy number 50 and letter P in vertical format on the left-hand side of the watermark and below the minister’s signature and a glossy geometrical shape at the bottom right hand corner of the banknote.

The release states that the emission of the P50 banknote will be issued into circulation through commercial banks branch networks and facilities, adding that it will circulate concurrently with the existing P50 banknote emission.

“Public education posters are displayed at various places, such as at banking halls of commercial banks, dikgotla, police stations and post offices to sensitise the public on the features of the new emission of the P50 banknote,” says the release.

The public is also advised to familiarise themselves with the features of the new emission of the P50 banknote. ENDS