Cucu still has old Ksh.1K bundles from last Christmas, Mwalimu Churchill on CBK deadline

Cucu still has old Ksh.1K bundles from last Christmas, Mwalimu Churchill on CBK deadline

The Central Bank of Kenya is advising Kenyans to check on their cucu and advise her to exchange her old Ksh.1000 notes before the deadline date.

Governor Patrick Njoroge noted that CBK is aware that grandmothers are ‘epic savers’ and may not be aware that the old currency will cease to be legal tender soon.

Responded to a tweet from popular comedian Mwalimu Churchill on Thursday, Dr. Njoroge said: “You probably didn’t see a related CBK tweet that went viral. People are now urging their mothers and grandmothers not to miss the September 30 deadline.”

Mwalimu Churchill had posted a picture of a bundle of the old Ksh.1000 notes that he had given his cucu last Christmas.

According to him, the cucu never used the money she received from him.

CBK rolled out the new currency on June 1 this year in a bid to deal with money laundering and essentially enhance the fight against corruption.

The stripping a currency unit of its status as legal tender, known as demonetisation, will however only affect the old Ksh.1000 notes.

Other denominations (Ksh.100, Ksh.200 and Ksh.500 will continue to be in circulation.

On Friday, a section of Kenyans responded to the tweets from Mwalimu Churchill and Dr. Njoroge saying some of their grandmothers are still in possession of the old Ksh.1000 notes despite the looming deadline.

“True my shosh.. jana gave me 233k old notes..in exchange for the new notes… good to go.. my shosh is a happy one as we talk,” one Dr. Bett said.

“Shosh alikuwa akifungia kwa handkerchief ni hivo. Hio ilikuwa ni fixed account,” Eugene Tolbert added.

“My 89 year old neighbour told me that there is nobody who can change a note that bears mzee kenyatta’s image. Especially when his son is the president. He still keeps the 1000 notes,” Ken M’mutwiri said.

 

 

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CBK mwalimu churchill new currency kenya

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