SOUTH AFRICAN RESERVE TO ISSUE BANKNOTES BEARING IMAGE OF MANDELA NEXT WEEK

PRETORIA– The South African Reserve Bank (SARB) will next week put into circulation banknotes bearing the image of Nelson Mandela to mark the birth centenary of the former president.

The commemorative banknotes and the five-Rand circulation coin will be in circulation from July 13, just five days ahead of the national commemoration of Madiba’s 100th year.

The SARB launched the commemorative series of banknotes and the five-Rand coin to honour the birth centenary of Mandela. Every commemorative banknote and the circulation coin will take the individual on a historical journey with former President Mandela.

Each note tells a story. The R10 banknote is inspired by the rolling hills of the Eastern Cape, featuring Madiba’s humble birthplace of Mvezo, while the R20 banknote features Mandela’s home in Soweto, Johannesburg, where he defined his political life alongside other struggle icons.

The R50 banknote depicts the site where Madiba was captured near Howick, following 17 months in hiding. This moment set in motion events that would change his life forever. Madiba’s time in detention on Robben Island is depicted on the R100 banknote, where he was incarcerated for 18 of his 27 years in prison.

The inspiration for the R200 banknote comes from the moment when Madiba greeted the nation for the first time as a statesman. The commemorative R5 circulation coin features a portrait of Madiba, smiling at the nation he helped to build.

Source: NAM NEWS NETWORK