Bangla Pesa, Complementary Currency Faces Threat from State

Police have today raided a Mombasa based non-profit organization office after it was informed of circulation of non-legal tender.

Several people in Changamwe were arrested for having contravened the Central Bank Act, which states that the Central Bank has the exclusive mandate of issuing legal tender.

However, the residents of Bangladesh, an informal settlement in Changamwe have opposed the move claiming Bangla Pesa is changing lives with access to common currency being limited.

About Bangla Pesa

2013 Millennium Development Goals Awards Winners

Kenya Red Cross award for MDG1 for its contribution in Eradicating Extreme Poverty & Hunger

The 2013 Millennium Development Goals Awards took place yesterday evening at the Crowne Plaza - Upper hill.

Several individuals and institutions were recognized for their outstanding contributions in driving the achievement of the eight MDG goals through their core programmes.

The Kenya Red Cross was awarded the  MDG1 for its contribution in Eradicating Extreme Poverty & Hunger as well as the MDG3 for Reducing child mortality rates and MDG7 Ensuring Environmental Sustainability award.