The Bank of Namibia announced the launch of the Dr Hage Gottfried Geingob Commemorative Banknote as legal tender, issued in tribute to the late former President of the Republic of Namibia, H.E. Dr Hage Gottfried Geingob. The central bank cited Section 38(1) of the Bank of Namibia Act 2020 (Act No. 1 of 2020) as amended, which gives it the exclusive mandate to issue legal tender in Namibia, including commemorative banknotes and coins marking significant historical events and personalities. The banknote is presented as a commemorative instrument recognising Dr Geingob’s legacy and Namibia’s progress during his leadership.