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The E-Sylum:  Volume 9, Number 47, November 19, 2006, Article 25

POOR QUALITY BANKNOTES CAUSE RUCKUS IN UGANDA

A recent article in The Monitor of Kampala, Uganda notes that
genuine banknotes of poor quality are leading to fistfights and
brawls between citizens there:

"Mr Patrick Ssekitoleko of the National Bureau of Standards (UNBS)
drew money from the Automated Teller Machine (ATM) operated by Stanbic
Bank located at Uganda Manufacturers Association (UMA) showground at
Lugogo in Kampala.

But before he could tack away the notes into his wallet he noticed
that the silver security strip on two 20,000 shilling notes (BJ 776042
and BD 369144) had largely pealed off like old paint off a wall.

Given recent experience, it was feared that the notes would be
automatically rejected. However, an appeal lodged at the Lugogo
Branch of the bank led to testing of the currency which revealed
that the notes were genuine."

"Many users of local currency are not that lucky. Arguments over
whether currency notes are genuine or fake often result into heated
quarrels, fist fights and arrests.

The theatres of these conflicts are the trading places around the
country; from markets, public transport vehicles, corner-side dukas
and office/ business premises."

To read the complete article, see: Full Story

  Wayne Homren, Editor

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