Thursday, March 3, 2011
Lesotho to issue new notes in March 2011
According to a Sunday Express article, on 26 November 2010, at a celebration marking its 30th anniversary, the Central Bank of Lesotho launched a new set of banknotes aimed at fighting the spread of counterfeits. According to a press release dated 5 January 2011, the new notes are expected to hit the streets in March 2011 and will eventually replace the existing notes. The new banknotes feature a portrait of the three royal family members: the current king, His Majesty Letsie III is in the middle, his father King Moshoeshoe II is on the left, with the founder of the Basotho nation, King Moshoeshoe I, on the right. The famous Basotho hat, the mokorotlo, is also visible on the new notes as well as the Lesotho coat of arms.