PREMIUM
Business

'Some businesspeople are now rejecting old paper money'

Simon Afedra, a graduate of economics, thinks the old currency notes are in existence due to the absence of a substantive governor of Bank of Uganda.

Old, scruffy banknotes are common in business transactions. (New Vision archive)
By: NewVision Reporter, Journalists @NewVision

The circulation of old and torn Ugandan banknotes, especially in the denominations of sh1,000 and sh2,000, has raised concern among the people in West Nile region.

Some businesspeople

Login to begin your journey to our premium content

Tags:
Old paper money
West Nile region
Businesspeople