Central banks in Kenya, Uganda, Rwanda, and Namibia are warning against cash bouquets and money cakes, citing currency damage and higher replacement costs.
African Central Banks Warn Against Cash Bouquets and Money Cakes
Several African central banks have issued public warnings against folding, gluing, or pinning new banknotes into decorative bouquets and money cakes, saying the practice damages currency and increases replacement costs for taxpayers.
This week, central banks in Kenya, Uganda, Rwanda, and Namibia cautioned the public that altering banknotes for celebrations such as birthdays, weddings, and graduations amounts to currency defacement. Officials said damaged notes often clog automated teller machines (ATMs) and must be removed from circulation earlier than intended.
Uganda’s central bank spokesperson, Kenneth Egessa, said banknotes are designed to last for years when handled properly. Namibia’s central bank official, Kazembira Zemburuka, echoed the message, emphasizing that currency is a national symbol that should be treated with respect.
While enforcement varies by country, authorities noted that penalties for deliberate currency damage can be severe in some jurisdictions, with potential prison sentences of up to seven years. However, officials stressed that the current focus is on public awareness rather than punishment.
The warnings have prompted some florists and gift vendors to adjust their offerings. Instead of cash bouquets, many are now using envelope-style boxes that hold money without damaging the notes.
Central banks say the goal is not to limit celebrations, but to protect national currency and reduce unnecessary public costs.
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