09 Feb 2026

As of this week, Batswana are carrying a new piece of history in their hands. The Bank of Botswana has officially moved its long-awaited commemorative P50 banknote into general circulation, marking a historic shift from a ceremonial unveiling to a daily reality for shoppers, vendors and savers across the country.

Launched in Palapye by the Governor of the Bank of Botswana, Mr Lesego Moseki, the special edition banknote does more than facilitate trade, it tells the story of transformation.

From the deep earth of the Lucara mine to the sun-drenched tracks of the Paris 2024 Olympics, the new note is a pocket-sized monument to Batswana excellence.

The front of the new note is anchored in the institutions that built the country. It features the iconic Bank of Botswana building, a symbol of the financial stability the nation has enjoyed since its central bank was established in 1975.

Beside it sits a glimmering tribute to the nation’s mineral wealth, Motswedi, the second-largest diamond ever recovered at the Lucara mine. It serves as a reminder of the resources that fuelled Botswana’s journey from a newly independent state to one of Africa’s most respected and stable economies.

While the front honours the cornerstone of the economy, the reverse side belongs to the youth and the future. Capturing the nation’s imagination, the bank has immortalised Botswana’s sporting heroes.

Dominating the design is Letsile Tebogo, the sprinter who made history as Botswana’s first-ever Olympic gold medallist. He is joined by his 4x400m relay teammates, Bayapo Ndori, Collen Kebinatshipi and Anthony Pesela, whose silver-medal performance in 2024 united the country in celebration.

By placing these athletes on the Pula, the bank recognises that Botswana’s integrity is not just found in its foreign exchange reserves, but in the spirit and triumph of its people. During the launch, Mr Moseki narrated the bank’s half-century journey.

“For five decades, Bank of Botswana has stood as the cornerstone of our nation’s monetary policy and financial stability. Since 1975, we have been dedicated to maintaining price stability to ensure the soundness of our financial system and supporting sustainable economic growth,” he said.

He emphasised that the commemorative note would circulate alongside the existing P50 bills, which would not be withdrawn.

“This ensures a smooth transition while the nation celebrates this golden jubilee,” he added.

He also noted that the Pula remained a respected currency because of decades of careful management, a legacy he hoped citizens would treat with physical respect as well. Beyond the symbolism, Mr Moseki encouraged the public to handle such history with care.

“The bank is encouraging Batswana to adopt better banknote handling habits to ensure the currency remains clean and durable for as long as possible,” he said.

Furthermore, he shared several essential tips for the public which included using wallets and purses to prevent banknotes from being damaged or soiled as well as avoid folding or crumpling the notes, as this significantly reduces their lifespan.

Again, he warned that applying tape or writing on the notes destroyed their security features and aesthetic. He also encouraged that the notes be stored in cool and dry places to prevent deterioration.

Meanwhile, as the new notes begin to pass from hand to hand, from the markets of Palapye to the malls of Gaborone, they carry a dual message.

They are a reminder of where Botswana has been for the last 50 years and a fast-paced and golden glimpse of the heights the nation continues to reach. BOPA