Online Reporter
Rutendo Nyeve
THE Bank of Botswana has issued a warning against the use of banknotes in money bouquets, cake decorations, and confetti, declaring such practices illegal and punishable by fines or imprisonment.
In a public statement on the proper handling of banknotes and coin, the central bank revealed that it has observed a growing tendency to use the Pula currency in ways that contravene the law.
“The Bank of Botswana has observed a tendency to use banknotes in a manner that contravenes the law and policy as stated above, such as ‘money/cash bouquets’, cake decorations, confetti, and any other unauthorised handling,” the statement read.
The practice of crafting elaborate bouquets using folded or rolled banknotes has gained popularity in recent years, particularly around Valentine’s Day on 14 February.
Social media platforms have fuelled the trend, with young couples showcasing increasingly elaborate cash gifts.
However, Botswana’s central bank has now moved decisively to stamp out the practice.
Authorities warned that folding, stapling, or applying adhesives to currency constitutes mutilation under Section 27 of the Bank of Botswana Act, Cap 55:01.
Offenders face a fine, imprisonment, or both.
“Any person who tears, perforates, staples, burns, defaces, writes, prints, stamps, draws, or applies adhesives on, or exposes money to moisture, excessive heat, and dirt; damages the banknotes and coin shall be guilty of an offence,” the bank said.
The central bank further reminded its nationals that reproducing currency images without permission is also illegal under Section 29 of the Act.
This includes photocopying or photographing banknotes in ways not authorised by the bank.
“The aforesaid activities compromise the integrity and quality of the Pula currency and may make the banknotes and coin unfit for circulation, which may lower public confidence in the currency,” the bank said.
There has been a growing concern among regional central banks over the physical deterioration of currency caused by decorative or ceremonial use.
derick.khumalo