Tag: rand
Rand leapfrogs Nigeria’s naira as Africa’s top currency
12 August 2016The South African rand has regained its position as Africa's top currency,
leapfrogging the Nigerian naira this week.This comes after four major events...
Cabinet addresses economy, higher education
In the latest cabinet meeting held on 13 January, ministers discussed the state of South Africa's economy and funding for universities. It indicated that dealing with these challenges appropriately can bring great opportunities for the country.
Banks and foreign exchange in South Africa
With a favourable exchange rate for many international currencies, you'll find
South Africa an inexpensive destination. And an easy one - our financial institutions
are world-class, with no shortage of banks, bureaux de change and automatic
tellers.
Tito’s ego
The governor of the South African Reserve Bank, Tito Mboweni, is a snazzy dresser, always well-groomed, and has a ready smile. He also likes talking about himself. Hallmarks of a vain man, writes Fred Khumalo.
South Africa’s new R5 coin
The Reserve Bank has launched a new bi-metal R5 coin with added security features in a bid to outsmart counterfeiters, and urged South Africans to familiarise themselves not only with the new R5 coin, but with all South African currency.
