Botswana to Issue New P50 Commemorative Banknote

Good morning 😃🌞☀️, let’s get into it!

The Bank of Botswana has announced the release of a limited-edition P50 commemorative banknote as part of its Golden Jubilee celebrations, marking 50 years since the Bank’s establishment in 1975. The banknote, which will serve as legal tender, will circulate alongside the existing P50 note that features Sir Seretse Khama, Botswana’s first president.

This marks the first commemorative banknote ever issued by the Bank of Botswana, though the institution has previously released several commemorative coins. Notable past examples include the P50 coin for the Bank’s 40th anniversary in 2015, a P2 coin for the 1986 Commonwealth Games, and a P5 coin in 1988 marking Pope John Paul II’s visit to Botswana.

Design and Features

The decision to issue a P50 denomination was symbolic, reflecting the direct link between the value “P50” and “50 years of existence.” The design blends elements of Botswana’s heritage and achievements with enhanced security features.

• Front Design: The note features the redeveloped Bank of Botswana headquarters (PulaThebe) and the Motswedi diamond—one of the largest diamonds ever discovered, found at Lucara’s Karowe Mine. Together, these elements highlight both financial stewardship and the critical role of minerals in Botswana’s economy.

• Reverse Design: The note celebrates Botswana’s sporting excellence, showcasing the nation’s 2024 Olympians—Letsile Tebogo, Bayapo Ndori, Busang Kebinatshipi, and Anthony Pesela—recognized for their outstanding performances at the Paris Olympics. Their inclusion sends a message of triumph and serves as inspiration for the younger generation.

The commemorative P50 also introduces new anti-counterfeiting features, including a security thread that animates the effect of a running man, replacing the traditional holographic strip. Despite these updates, the overall look and feel remain consistent with the current circulating P50 banknote.

Circulation and Public Education

The note is not yet in circulation. The Bank of Botswana stated that it will undertake a public education campaign before release, ensuring citizens understand the significance of the banknote and its security features. Once issued, the commemorative banknote will remain in circulation until withdrawn naturally through wear and tear in line with the Bank’s clean notes policy.

With this release, Botswana not only honors five decades of financial stewardship but also highlights the nation’s cultural, sporting, and economic milestones through currency design.

Source: Bank of Botswana