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South Africa (Page 3)

South Africa Reserve Bank’s printing presses sit idle since February 2011

2011-07-10
By: Owen Linzmayer
On: 2011-07-10
In: Africa, Industry
Tagged: South Africa
With: 0 Comments

According to an article in Times Live dated 9 July 2011, the South African Reserve Bank has outsourced printing of the 100-rand note to Sweden following the discovery of missing security features on notes previously printed by the SA Bank Note Company. Other problems with other denominations have left theRead More…

South Africa faulty 100-rand notes (B760) reported

2010-12-05
By: Owen Linzmayer
On: 2010-12-05
In: Africa
Tagged: South Africa
With: 0 Comments

According to an article in BusinessReport dated 5 December 2010, the South Africa Reserve Bank discovered in May that it had issued 100-rand (US$14.55) banknotes which are defective because they lack fluorescent printing visible under UV light. In June, printing of this denomination was shifted from the South African BankRead More…

South Africa withdrawing older 200-rand notes (B756)

2010-04-23
By: Owen Linzmayer
On: 2010-04-23
In: Africa, Banking
Tagged: South Africa
With: 0 Comments

On 21 April 2010, the South African Reserve Bank informed citizens that they had until the end of May to exchange older 200-rand (US$26.94) notes (B756) in an effort to combat counterfeits. These notes have been in circulation since 1994 and lack the enhanced security features of the newer notesRead More…

South Africa new signature 100-rand note (B760b) confirmed

2010-02-07
By: Owen Linzmayer
On: 2010-02-07
In: Africa, New Variety
Tagged: South Africa
With: 0 Comments

Like B760a, but new signature (Marcus). Prefix AA – GF. Intro: 2009. Courtesy of Andrew Roberts.Read More…

South Africa declares 500-rand note fake

2009-10-17
By: Owen Linzmayer
On: 2009-10-17
In: Africa
Tagged: South Africa
With: 1 Comment

According to an IOL.com article dated 17 October 2009, the South African Reserve Bank has refuted a rumor circulating via email claiming that the bank is about to issue a 500-rand note.Robertina Mbedzi, assistant communications practitioner at the Reserve Bank, said “The bank is currently not planning to issue aRead More…

South Africa central bank governor to step down

2009-07-20
By: Owen Linzmayer
On: 2009-07-20
In: Africa, Banking, New Variety
Tagged: South Africa
With: 0 Comments

The governor of the South African Reserve Bank, Tito Mboweni, is scheduled to step down in November. Mboweni, the first black man in the formerly racially segregated South Africa to have his signature on a South African banknote, is to be replaced by Gill Marcus, chairwoman of the South AfricanRead More…

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