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President Uhuru Kenyatta launches commemorative Kenya@50 gold coin

By Julian Kamau
Updated Monday, December 9th 2013 at 00:00 GMT +3

By Julian Kamau

Nairobi, Kenya: President Uhuru Kenyatta Monday launched a commemorative Kenya@50 gold coin to mark Kenya's 50 years of independence.

Attending the launch held at Kenya international conference centre was Deputy President William Ruto, Arts and sports Cabinet secretary Wario and the Chairman of Central bank of Kenya among other dignitaries.

Deputy President William Ruto urged Central bank of Kenya to reduce interest rates from the current 10% and increase mortgages from twenty thousand to a million for the economic development of the country.

President Uhuru  thanked Central Bank of Kenya for producing the commemorative gold coin and also urged them to ensure price stability as we move to the next financial stage.

“The Kenya at 50 gold coin has got the map of Kenya a poignant reminder that we are one indivisible country", Uhuru said.

Investment in transport, creating a conducive business environment, investment in rural development and food security, quality and free access to healthcare and education as well as social safety are the five major pillars to be improved in order to create economic stability in the country.

The gold coin will be found in limited editions in major towns that is Kisumu, Eldoret, Nairobi, Nakuru and Meru.

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