Patrick AlushulaThe Central Bank of Kenya (CBK) has put on sale about 281 tonnes of old and unserviceable coins, marking one of the unique asset-disposals undertaken by the regulator in recent years.
In a tender notice, CBK announced that it is seeking eligible companies -mainly metal smelting foundries and coin-minting firms- to buy and melt the coins that are unfit for further circulation due to being worn out or mutilated.