Wednesday, September 05, 2012

New Mandela Bank Notes


The Nelson Mandela Foundation says the Mandela bank notes should be a stark reminder of the role that many people played in achieving the country's freedom.

"This is an exciting moment for our country to be celebrating Mandela’s legacy in this way. We would like to remind South Africans and the international community that this is just not recognizsng Nelson Mandela the man alone, but it’s about recognising the role that was played by the people who bought about this democracy," says the Foundation’s spokesperson, Sello Hatang in an interview with SABC.


He adds: "We need to be reminded of the role that they played so that we don’t take for granted the rights that we have." 

Nelson Mandela is a world-renowned leader and a symbol of the movement against apartheid in the country.

"We need to be reminded of the role that they played so that we don’t take for granted the rights that we have."
The new R10, R20, R50, R100, and R200 banknotes feature an engraving of  Mandela, alongside security features that are among the highest quality in the world.  The Big Five will still feature at the back of the banknote.  

The new banknotes will be issued in South Africa, but will be used in Common Monetary Areas (CMA), namely Lesotho, Swaziland, Mozambique, Namibia and Zimbabwe as well as globally through foreign exchange.

The South African Reserve Bank (SARB) kicks off a campaign today to inform and educate the public about the new banknotes. 

The new banknotes will be in circulation in the latter half of 2012 and the current banknotes will remain legal tender alongside the new banknotes. 

Source: SABC

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