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Government Should Stop Printing the K2 Notes
Dear Editor,
Thank you for allowing me to air my view on your popular blog Tumfweko, I hope the government will take this into consideration.
The two kwacha notes, most of you readers can agree with are unbearably getting very dirty and sometimes disgusting because they are the most circulated notes around the market. Not only are they getting very dirty, they also wearing out very early. They are actually the notes that are supposed to be made from the hardest material. politicians may not have noticed this because they don’t handle the small notes but they must take this as something very serious.
I think one of the solutions to this is to print the K2 note on polymer material which is hard to wear out like they used to print the 1000 Kwacha and 500 kwacha notes before rebasingthe currency. If they can’t make polymer notes its better they make them in coins.
Mwebuteko look into this case very seriously!
By Zambian citizen
Posted by Kunda
on October 17, 2013. Filed under LATEST NEWS.
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pompwe
October 17, 2013 at 8:11 pm
they are stealing by printing cheap quality notes..
Tumfweko
October 17, 2013 at 10:37 pm
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Grace
October 18, 2013 at 1:51 pm
How is this connected to the story?
Akapondo
October 17, 2013 at 8:25 pm
Very good observation, govt kindly take this seriously.
Xiexie
October 17, 2013 at 9:39 pm
Wise topic,i feel the govnt is taking note of the individual trying to opinionate on this page.
jk
October 17, 2013 at 10:20 pm
These I.d.ots know this and they have been stealing our hard earned cash in the name of replacing the faded notes! Chikwanda the dullest finance minister and Sata the embicile in state house! What a combination!
EAT ZAMBIA CLEAN
October 17, 2013 at 10:53 pm
As if it is a Chitenge material. Banatigo’nga
Drazy
October 17, 2013 at 11:05 pm
I think the bank of Zambia should embark on a serious national sensitisation on the use of coins. Coins in most cases are not considered to be ‘money’ or if they are, they are only used when someone is stranded. I feel with perpetual awareness on the same, the proper use of coins will reduce pressure on the abused K2 note.
collins chalwe
October 18, 2013 at 7:01 am
wise words.
Nyungu Zajungu
October 18, 2013 at 7:42 am
Insulting leadership will not take you any where. Respect the head of state mind you he holds keys to shape mother Zambia and not your insults.
Sam Lindo
October 18, 2013 at 7:53 am
I think Elexander Chikwanda managed the transition through rebasing very well,if people have noticed the deficiency in material used for certain denominations like I have, I think it is only fair to opinionate on that and not to let things degenerate into insults.
osward mwaisumo
October 18, 2013 at 7:53 am
for the first time on tumfweko to hear sensible issues. for sure k2 notes are a disgrace. its like they made from mare plane paper.please Bank of Zambia look into this seriously before the situation gets out of hand.
Umupandapwiti
October 18, 2013 at 8:54 am
Interesting! I never knew that we actually could hear from to tumfweko.
Julia Chikamoneka
October 18, 2013 at 8:11 am
Even coins are fading out quickly, take a look at 50n & 10n, just like the K5 & K2. I think they used poor quality material. The currency is actually less than a year in circulation, but already wearing out. I actually noticed this after two months, in February 2013. CAN GOVERNMENT USED PROPER MATERIAL FOR PRINTING AND MINTING THE CURRENCY. CHEAP IS EXPENSIVE, AM SURE THEY VE HAD TO REPRINT SEVERAL TIMES.
Yaba
October 18, 2013 at 9:05 am
In our days the current coins in circulation were known as zuda used in schools for learning. Get old 50n coin or other denominations and comapre. BOZ governor had suggetsed making K2 and K5 coins. How unreasonable want to fuel inflation. Need not go to university to relaise that this is a senseless suggestion by one of the highest paid useful idiots in Zambia.
student
October 18, 2013 at 9:34 am
WE SHOULD JUST REVERT BACK TO OUR OLD CURRENTY, THIS IS A USELESS STEP, WASTING MONEY, THESE NEW NOTES ARE NOTHING BUT PAPAERS, IT WAS AS GOOD AS CHANGING THE SCHOOL FROM SECONDARY TO BASIC, WHAT WAS THE LOGIC BEHIND IT, FROM FORM V TO GRADE 12, IT DOES NOT MAKE SENCE CERTAIN MEASURES GOVERNMENTS TAKE WHEN THEY COME INTO POWER, FOR THE 2K NOTES ARE FADDING LIKE TOILET TISSUE BEING SOAKED IN WATER, WHO IS THE ***** GOVERNOR OF THE BANK OF ZAMBIA ANYWAY, THIS KIND OF STEALING MUKANYA NAYO ANYWAY.
katwishi mukwai
October 18, 2013 at 10:11 am
Printing money costs money,they should have made a K2 coin in the first place.
Maano
October 18, 2013 at 10:14 am
They should also introduce a K1 polymer note. The use of K1 coin is very cumbersome!
beatrice kanyanga
October 18, 2013 at 10:31 am
True indeed it is really disgusting mwandi
reality hurts
October 18, 2013 at 11:10 am
Zambian currency is worth the same as toilet paper.
Just wipe your bum with it.
MundiaM
October 18, 2013 at 2:34 pm
You are the one we should roll and wipe our backsides with! Why can’t some of you debate in a mature and progressive manner? Reality hurts suits you perfectly!
The topic about the K2 and K5 being turned into coins is very important. These 2 notes are the most used in this economy and they should have been made as coins from the rebasing point.
This would have actually attuned people to using coins faster with actual value playing a role.
jeu
October 18, 2013 at 11:16 am
In zambia we are just too careless when it comes to handling notes,in other countries like SA you will never come across a won out note because it’s each and every individual’s duty to take care of the notes by note folding them, and keep them straight all the time in wallets .
Grace
October 18, 2013 at 1:53 pm
In fact even the K5 note wear out quickly and is badly soiled.
Kofya
October 18, 2013 at 4:01 pm
coins are better.Please Zambians contribute to national development not insults.
Davido
October 18, 2013 at 4:43 pm
Good point Drazy. Coins have been accepted with reservations as money. Even if a K2 note was changed to a coin the K5 will be affected as far as wear and tear is concerned as most people would start treating a K5 note as the smallest denominations as far paper money is concerned