Grassroots Economics News

Bangla-Pesa reloaded

We've been waiting since May 29th 2013 for this and it is finally here! Bangla-Pesa is back moving through the community. We've re-registered from scratch 100 small business members so far (hoping to reach 200+ by years end), since the official relaunch. The newly designed Bangla-Pesa just arrived in the mail today (to replace those that the police took and refused to return) - featuring a shiny hologram.

Bangla-Pesa Turmoil

Sadly, because of a misunderstanding by local authorities, community members including Alfred Sigo and Will Ruddick were jailed on suspicion that they were part of a secessionist terrorist group (nothing could be farther from the truth). After this was found to not be the case, and seeing no other reason to keep them in jail, the group of six (including two mothers, a grandmother, and a grandfather) were charged by the Central Bank of Kenya, with forgery for holding a printed voucher. This charge is baseless, and they in fact have a printing receipt from Kenya's top printer (Punchlines Ltd.). They are now out of jail on bail and awaiting trial.

Pages

Subscribe to Grassroots Economics News