This archive report was first published on 14 July 2019.
When the new currency was introduced, Kenyans were ecstatic. Social media was filled with images of people flashing their new notes, with some even joking about keeping them in a frame. However, the excitement was short-lived as people began to experience the not-so-good side of the new currency.
Many Kenyans, including Grace Muchiri, have fallen victim to fake notes. She received a Sh500 note that she couldn't remove from her trouser while doing laundry. When she tried to pay for items with the money, vendors refused to take it, fearing it was fake.
"They said they have not yet known distinct features to look for in the new notes to distinguish the fake ones. They did not want to take risks," she said.
A spot check at Gikomba market in Nairobi revealed that most traders were still skeptical about receiving the new currency. The traders would instead request to be paid with the old currency, to avoid the possibility of receiving fake currency.
"The notes are confusing. It is not something we are used to, and if you are selling to many customers, you may end up mixing things up and giving someone the wrong change," says Maria Achieng', who sells clothes at the market.
Public Service Vehicles crew admitted that they prefer passengers to pay fare using the old currency, especially at night.
Meanwhile, police have busted a fake money syndicate in Embu town after unsuspecting residents lost their hard-earned money. Three suspects were arrested with fake Sh100,000 in Manyatta market, Embu North.
Embu North Sub County Commander Godfrey Kere said the suspects were taken to Manyatta Police Station and will be arraigned once investigations are complete.
On July 14, 2019, an elderly man from Karurina was left counting losses after he was swindled Sh1,500. Njue Nthia, a school watchman, said the man asked him for loose money which he handed over only to be given fake money in return.
