Tanzania refutes rumors of recall of new notes
Mar 13, 2011 10:41 AM Category: Africa
According to an artilce in The Citizen dated 10 March 2011, Bank of Tanzania (BOT) has refuted rumors that it was withdrawing the new family of notes that it had just introduced on 1 January. Apparently there have been widespread complaints that the new notes are of inferior quality compared to the older notes. The bank insists the notes are of good quality and has no plans to withdraw them from circulation.