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Refusing five-cent coins is illegal – News Stand

Summary by observer24.com.na
Allexer Namundjembo  Refusing to accept the five-cent coin as payment is illegal, the Bank of Namibia has warned. This follows complaints from consumers about retailers rejecting the small denomination. Sencia Kaizemi-Rukata, director of banking services at the BoN, confirmed that the five-cent coin remains legal tender despite no longer being minted since 2018. “The five-cent coin is still legal tender. Retailers are obligated to accept it as a…
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Refusing five-cent coins is illegal – News Stand

Allexer Namundjembo  Refusing to accept the five-cent coin as payment is illegal, the Bank of Namibia has warned. This follows complaints from consumers about retailers rejecting the small denomination. Sencia Kaizemi-Rukata, director of banking services at the BoN, confirmed that the five-cent coin remains legal tender despite no longer being minted since 2018. “The five-cent coin is still legal tender. Retailers are obligated to accept it as a…

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observer24.com.na broke the news in on Wednesday, April 2, 2025.
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