Residents, traders dump one-shilling coin
16 October 2015, 12:55
Migori - Two weeks ago, the Central Bank of Kenya (CBK) warned supermarkets against issuing sweets or airtime to their customers instead of change.
It has been a common practice for a while among the big retail stores who claimed that there was a shortage of coins.
CBK however refuted the claims and said there are enough coins for transaction in the country.
But somewhere in Awendo sub-county in Migori, one shilling coins are no longer accepted. Here, the least denomination in use is five-shilling coin.
Read Also: Government orders Supermarkets to stop giving customers sweets instead of change
No trader accept the one-shilling coin. They say it is no longer in use. Pricing of items is in multiples of five.
The residents seem to be comfortable as no one complains.
In November 2012, CBK launched a campaign dubbed "chomoa coins."
The move was aimed at encouraging people to use the coins they were suspected to have been keeping in their houses.
The government wanted the coins to be in circulation. This was however a late initiative as the people in this area had dumped the use of the one-shilling coin.
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