Home Latest News Old Ksh 1000 Notes ‘Rain’ in Kibra Ahead of Demonetisation Deadline

Old Ksh 1000 Notes ‘Rain’ in Kibra Ahead of Demonetisation Deadline

by Mustafa Juma

When Kibra parliamentary seat was declared vacant, a section of Kenyans raised concerns over the old Ksh 1000 notes that are becoming obsolete after the September 30 deadline that was set by Central Bank of Kenya.

They took to social media arguing that Kibra will now provide a ground to politicians to clear the old notes. And do you think all these speculations were wrong?

Well, it seems the campaigns in Kibra have already provided fertile ground for some politicians to clear their stock of old Sh1,000 notes ahead of the demonetisation deadline.

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Aspirants in the forthcoming November 7 mini polls have been moving around the constituency trying to woo supporters.

Reports have it that a front runner in the by-election has been dishing out bundles of old Sh1,000 notes to churches, youth and women since his campaign to succeed MP Ken Okoth began.

The politician has visited churches and held meetings, dishing out bundles of the old notes at each event.

Some Kenyans have already raised this issue through social media.

“Someone is releasing oldnotes to Kibra residents inform of campaigning for a certain candidate, Kimwarer money is in circulation! ” tweeted Frank Mtetezi, a twitter user.

Central Bank of Kenya Governor Patrick Njoroge  has maintained that the old notes will cease being legal tender on Monday, September 30.

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