Retailers reject old Sh1,000 currency

Kenyan gamblers won Sh380.53 billion in betting payouts from SportPesa between November 2013 and June 2019. FILE PHOTO | NMG

Retailers are exposing themselves to legal suits and regulatory punishments on opting to reject the older Sh1,000 notes ahead of the central bank withdrawal deadline of October 1.

A number of retailers including supermarkets and eateries are issuing notices to customers that they will not accept the old notes between September 26 and 29 —a day ahead of the Central Bank of Kenya (CBK) deadline for withdrawal.

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