Sharp Daily
No Result
View All Result
Wednesday, April 15, 2026
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

CBK’s new banknotes win global award for innovation and security

Huldah Matara by Huldah Matara
February 11, 2025
in News
Reading Time: 1 min read

The Central Bank of Kenya (CBK) has received global recognition for its latest series of banknotes, winning the Best New Series of Banknotes award at the High Security Printing – Europe, Middle East, and Africa (HSP-EMEA) Conference. The prestigious accolade highlights CBK’s efforts to enhance security and design in its currency, reinforcing Kenya’s commitment to financial integrity.

The award acknowledged CBK’s August 2024 release of a revamped banknote series, which introduced advanced anti-counterfeiting measures. The KES 1,000, 500, 200, 100, and 50 notes maintain a familiar design but incorporate Louisenhal’s RollingStar® i+ thread, offering heightened security. The KES 1,000, 500, and 200 notes feature a ZigZag dynamic movement effect, while the KES 100 and 50 notes utilize a Crystal effect, further strengthening protection against forgery.

Additional security elements include iridescent UV bands on all denominations and dual-color fluorescence, serving as a secondary safeguard against counterfeiting.

Dr. Kamau Thugge, Governor of the Central Bank of Kenya, emphasized the significance of the recognition:

RELATEDPOSTS

On December 9, 2025, the Central Bank of Kenya lowered its benchmark rate to 9.00 percent, its lowest since early 2023.

CBK holds base lending rate at 8.75 percent as global risks rise

April 9, 2026

Kenya bankers call on CBK to hold base rate at 8.75% amid global uncertainty

April 8, 2026

“The award puts the Kenyan series of banknotes at the forefront of being appealing, secure, and of world-class status. They utilize the latest technology to mitigate counterfeiting, giving citizens assurance on the security of their currency.”

The award ceremony, held on February 4, 2025, in Basel, Switzerland, convened leading experts in security document production. Attendees included specialists in government-issued currency, fiduciary documents, ID cards, passports, and vehicle licenses, underscoring the broader impact of secure financial instruments.

CBK first unveiled the updated series in August 2024, launching with the KES 1,000 note, followed by the KES 500, 200, 100, and 50 notes. The new series now circulates alongside the 2019 banknotes, ensuring a seamless transition in Kenya’s monetary system.

 

Previous Post

The hidden dangers of chasing high-yield investments

Next Post

Kenya’s flower industry faces export shortfall ahead of valentine’s day

Huldah Matara

Huldah Matara

Versatile multimedia journalist with a keen interest in compelling stories that resonate with my audience. Reach out on huldahmatara12@gmail.com

Related Posts

News

The role of financial inclusion in expanding investment participation

April 14, 2026
Analysis

Diageo EABL sale approved

April 13, 2026
News

Kenya faces legal risk after cancelling fuel import contracts outside G-to-G framework

April 13, 2026
News

Lifestyle inflation and its financial impact

April 13, 2026
News

What Drives Economic Divide

April 13, 2026
News

Exchange rate regimes and their influence on economic stability

April 13, 2026

LATEST STORIES

Why KRA can now tax income earned abroad if work is managed from Kenya

April 14, 2026

The role of financial inclusion in expanding investment participation

April 14, 2026

Diageo EABL sale approved

April 13, 2026

Bia Tosha files Court of Appeal notice to block Diageo’s Ksh 300 Billion EABL stake sale to Asahi

April 13, 2026

Kenya faces legal risk after cancelling fuel import contracts outside G-to-G framework

April 13, 2026

Lifestyle inflation and its financial impact

April 13, 2026

What Drives Economic Divide

April 13, 2026

Exchange rate regimes and their influence on economic stability

April 13, 2026
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024