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Kenyans drop flowers for Valentine's bouquets of cash. Not everyone is impressed

Kenyans drop flowers for Valentine's bouquets of cash. Not everyone is impressed

Summary

In Kenya, there is a new trend of giving Valentine's Day gifts in the form of cash bouquets instead of traditional flowers. The Central Bank of Kenya and other African central banks have warned against this practice because it can damage banknotes, which can be costly to replace. The cash bouquets are popular for various occasions but some people believe they promote materialism over genuine affection.

Key Facts

  • Kenyans are using cash instead of flowers in Valentine’s Day bouquets.
  • The Central Bank of Kenya warns against damaging notes in cash bouquets.
  • Other central banks in Uganda, Rwanda, Botswana, and Namibia also issued warnings.
  • Damaged banknotes cannot be used by machines and must be replaced.
  • Creating these money bouquets could result in up to seven years in jail.
  • Cash bouquets are popularized by celebrities and online influencers.
  • These bouquets are also popular for birthdays and other celebrations.
  • The cash used varies, ranging from as little as 1,000 shillings to a million shillings.
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