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10 Kwacha

Issuer Bank of Zambia
Year 1969
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Value 10 Kwacha (10 ZMK)
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Obverse description Intaglio portrait of President Kenneth Kaunda at right, rendered in blue on a fine guilloche underprint. The national arms appear at upper centre, flanked by the denomination K10 in corner cartouches. The central legend reads I PROMISE TO PAY THE BEARER ON DEMAND TEN KWACHA FOR THE BANK OF ZAMBIA, with the Governor's manuscript signature below.
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Protection type Watermark
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Comments

Zambia's early post-independence banknote program relied entirely on Thomas De La Rue, a relationship that gave the new republic professionally produced currency but little domestic printing capacity of its own. The 1969 series, of which this is part, replaced the transitional Rhodesia and Nyasaland-era issues that had carried the country through independence in 1964.

The Musakanya signature is the more historically charged of the two — Valentine Musakanya served as Governor of the Bank of Zambia before later becoming deeply implicated in the 1980 coup attempt against Kenneth Kaunda. He was arrested, tried, and sentenced to death, though the sentence was eventually commuted.

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