On 5 March, the Bank of Namibia unveiled a poignant tribute to former president Hage Geingob with the launch of a commemorative N$60 banknote celebrating his life and legacy.
This unique banknote transcends its function as legal tender and lauds Geingob for his remarkable contributions to Namibia’s political, economic and social landscape over six decades. It is evident that his vision and dedication to Namibia has left an indelible mark on the nation.
HONOURING A LEGACY
Central banks around the world are known to issue commemorative banknotes to highlight significant events, figures or cultural heritage. The N$60 banknote commemorating the life and legacy of Geingob is no different.
The denomination was chosen to symbolise the six decades Geingob devoted to Namibia. From his early activism in the 1960s to his leadership role as president of Namibia, a role he fulfilled until his death. Geingob was instrumental in forging the country’s identity.
As chief architect of our Constitution, he ensured that principles of inclusivity, accountability and transparency were fundamental elements in what is now recognised as one of the world’s most respected constitutions.
During his tenure as president, Geingob’s leadership was further characterised by a transformative agenda in renewable energy and socio-economic inclusivity, and these elements, together with his dedication to public service, have been transposed onto the N$60 commemorative banknote.
SYMBOLISM AND DESIGN
The N$60 commemorative banknote is printed on polymer, a material chosen for its durability and longevity compared to cotton. This substrate also enables advanced security features such as the transparent windows, which enhance the banknotes’ resistance to counterfeiting.
From a design perspective, the N$60 note is rich in symbolism with key design elements, including the portrait of Geingob, see-through windows featuring his image and the Independence Memorial Museum. Both these windows offer a glimpse into Namibia’s history.
Furthermore, state-of-the-art security features like raised ink and colour-shifting elements on the front of the banknote provide added security. Designed for inclusivity, a key leadership trait of Geingob, the banknote features a tactile element for the visually impaired: a circle of 12 raised dots.
The phrase “Forward ever, backward never”, taken from Geingob’s 2023 new year’s message, captures his commitment to fostering a sense of inclusivity, unity and forward thinking for all Namibians.
All of these elements, combined with the advanced security features, make the new N$60 banknote well blended.
DUAL PURPOSE
Commemorative banknotes are distinguishable from regular banknotes by their unique designs, themes, limited issuance, higher potential collectible value, and temporary circulation. While the N$60 commemorative banknote will circulate as legal tender, its limited print run also makes it a sought-after collector’s item, treasured by both numismatists and those seeking a connection to Geingob’s legacy.
This dual purpose highlights its significance as both a functional currency and a commemorative piece celebrating a national hero. The bank recognises this appeal, given Geingob’s standing as a respected pan-African and an international figure.
The N$60 commemorative banknote is more than just a piece of currency and a means of exchange; it is a tribute to Geingob’s enduring legacy and a testament of his contributions to Namibia’s journey towards unity and prosperity.
The N$60 banknote should serve as an inspiration for future generations to uphold his vision of a prosperous and unified nation.
As Namibians hold this banknote in their hands, they are reminded not just of its monetary value, but also of the invaluable legacy of Geingob, who has now been immortalised.
- Cindy Phillipus is the Bank of Namibia’s deputy director of currency and banking.
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