Data provided by iNet BFA
Loading...
See More

'Randela' notes go into circulation

Nov 06 2012 07:16 Sapa

President Jacob Zuma unveils the new series of South African banknotes at the Reserve Bank in Pretoria. The new notes bear images of former president and struggle icon Nelson Mandela. Picture: Liza van Deventer

Related Articles

'Randela' banknotes to start circulating

Zuma: Realise Mandela's dream

Union: Make Mandela Day a holiday

New banknotes to bear Mandela image

Sarb launches new Mandela notes

Deficit shock: Rand needs to weaken

 

Johannesburg - New bank notes featuring an image of former president Nelson Mandela were expected to start circulating on Tuesday.

The notes would feature Mandela on the front and pictures of the "Big Five" animals on the back.

The old bank notes would still be legal.

Public awareness campaigns to inform locals of the change were run on television, radio and print advertisements as well as electronic media and social networking

Roadshows were also done all across the country as well as in Swaziland, Namibia, Lesotho, Mozambique, Botswana and Zimbabwe.

Reserve Bank governor Gill Marcus showed approval to the changes.

"(We are) proud to be able to honour South Africa's struggle icon and first democratically elected president in this way," she said in a statement.

 
nelson mandela  |  rand  |  money
NEXT ON FIN24X

Sanral chair quits

2014-07-31 07:50

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
34 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

A cash flow crunch often occurs in small businesses trying to balance cash coming in with cash going out. Watch this video to help you improve.
 
 

Go solar and save

Households may have to examine alternative forms of energy after Eskom has been given permission to raise electricity prices above the 8% previously granted.

 
 

Start saving...

Where can you stash your cash?
Time the key for retirement saving
Dummy's guide to saving
Save money with affordable account

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...