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Bank of Botswana Finally Releases Latest 10-pula Bank Note

Following a long-standing tradition of placing the portrait of the nation’s president on its lowest denomination bank note, the Bank of Botswana issued a new 10-pula note (the equivalent of 91 cents) on Feb. 22. This was three years after President Mokgweetsi Eric Keabetswe Masisi was elected to his office.

The delay was attributed to COVID-19. Governor of the Bank of Botswana Moses Pelaelo said the new notes were ordered in November 2019, soon after the elections, with delivery and issue expected the following August. The bank finally took delivery in early February.

The new note, called the “Tiger” in Botswanan slang, keeps the same design characteristics and green color of its paper and polymer predecessors, albeit with the new presidential portrait appearing on the face. The back shows the Parliament building in Gaborone. The watermark is of a running zebra and the number 10.

The governor said that to extend the note’s usable life, the polymer has “ultra-post print varnish,” to provide protection against dust and liquid. It also has a new bio-guard substance to counter bacteria and virus propagation.

Masisi, who earned a master’s degree in social sciences education at Florida State University, is the eighth president to appear on the Botswana bank notes since Pula Day, Aug. 23, 1976, when the country introduced its own currency. He and his wife, first lady Neo Masisi, bought 200 new notes bearing his portrait in Gaborone upon issue.

Two other 10-pula notes continue in circulation. Both bear the portrait of former president Ian Khama, one cotton paper, the other polymer.

Source : coinworld

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