JOHANNESBURG South Africa (Xinhua)
-- The South African Reserve
Bank (SARB) said on Sunday it will launch a set of
commemorative banknotes in honor of what would have been
Nelson Mandela’s centenary.
South African President Nelson Mandela was born in July
statement, the central bank said it will release 10, 20,
50, 100 and 200 rand denominations as part of Mandela’s
Mandela represented the best version of ourselves as
South Africans,” SARB governor Lesetja Kganyago said.
the current Mandela series of banknotes in 2012 to honor
him. While preserving the value of money is our main
mandate, our purpose is to be a bastion of institutional
strength, contributing to a stable and prosperous
economy that serves the well-being of all South
Africans, and guided in part by Madiba’s values,” he
African Mint, a subsidiary of the SARB, will also issue
a new 5 rand coin celebrating Mandela’s centenary.
banknotes and coins will be released on July 18, 2018.
bank said the new and old currencies will continue
a revered world icon for his reconciliatory stance and
his fight for the county’s democracy and social justice.