Browsing: Reserve Bank

An important security feature on the new Mandela banknotes, which were rolled out in November last year, has been found to be defective, it was reported on Sunday. The security thread, the most visible feature on the notes, which was meant to be embedded in the note, was

Billionaire entrepreneur Mark Shuttleworth’s bid to have South Africa’s exchange control system declared unconstitutional could have a devastating effect on the country, the South African Reserve Bank said on Tuesday. Jeremy Gauntlett SC, for the