Zambia - Bank of Zambia 50th Golden Anniversary 1964-2014
This commemorative note of 50 Kwacha was issued to celebrate the country's central bank, the Bank of Zambia, Golden Jubilee Anniversary (50th year). The bank was established on 24 October 1964. Whilst this note is all about the central bank celebration, the design is more like honoring the country's Heads of State (past and present) since gaining independence in 1964 with the portraits of Dr Kenneth David Kaunda (1964-1991), Dr Frederick Jacob Titus Chiluba (1991-2002), Levy Patrick Mwanawasa (2002-2008), Rupiah Bwezani Banda (2008-2011) and Michael Chilufya Sata (2011-2014). In addition to this commemorative banknote, the bank also issued a bimetallic coin with a face value of K50, bearing the portrait of the Michael Chilufya Sata. Michael Sata passed away on the 28.10.2014 and has since been replaced by Edgar Lungu as President of Zambia on 25.01.2015.