{Tag Archives} Africa
Mozambique Coins Circulate, but With Success? - NumisMaster
Jul 14 at 10:10pm
Great news! Bank of Mozambique Governor Ernesto Gove announced June 19 to the Agencia de Informacao de Mocambique (Information Agency of Mozambique) that this African nation has turned the corner, with coins successfully circulating in place of small denomination paper bank notes.
Gove said, “We are pleased with the use of metallic coins. We have noted with great satisfaction that coins are being heavily used in markets, to pay road tolls or bus fares.”
Read entire article: Mozambique Coins Circulate, but With Success? - NumisMaster
Filed in: NumisMaster, World Coins
Article Tags: Africa, NumisMaster, South African Coins.
Kenya: CBK Assurance Leads to Growing Rejection of Coin - allAfrica.com
Jul 10 at 9:09pm
The future and the role of the 50 cent coin-the lowest denomination still accepted as a mode of payment - hangs in the balance with reports of an increasing number shoppers are rejecting it during transactions.
Read entire article: Kenya: CBK Assurance Leads to Growing Rejection of Coin - allAfrica.com
Filed in: Uncategorized, World Coins
Article Tags: Africa.