From Creamer Media in Johannesburg, this is the Real Economy Report.
Sashnee Moodley: To commemorate late Statesman Nelson Mandela’s centenary, the South African Reserve Bank has launched commemorative banknotes and a R5 coin into circulation, depicting the most significant occasions in Mandela’s life. Marleny Arnoldi attended the launch.
Marleny Arnoldi: The notes and coin commemorate what would have been Mandela’s 100th birthday. The notes and coin will be circulated for about three months, with more than 400-million notes printed, to the value of R140-billion. Finance Minister Nhlanhla Nene discusses the symbolism of the notes.
Finance Minister Nhlanhla Nene:
Marleny Arnoldi: The events captured on the notes helped to shape South Africa’s democracy and are valuable to remember to this day. SARB governor Lesetja Kganyago tells us more about the note features.
SARB Governor Lesetja Kganyago:
Marleny Arnoldi: The Nelson Mandela Foundation contributed to the note design and helped pick which occasions stood out the most in Mandela’s lifetime. Nelson Mandela Foundation CEO Sello Hatang shares his insight.
NMF CEO Sello Hatang:
Sashnee Moodley:
That’s Creamer Media’s Real Economy Report. Join us again next week for more news and insight into South Africa’s real economy.