New banknotes for Madiba

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As the commemoration to mark the 28th anniversary of the release from prison of Former President Nelson Mandela continued on Sunday, the South African Reserve Bank (SARB) has announced that it will issue a set of commemorative banknotes to honour the former statesman’s centenary.

Mandela would have turned 100 years this year. Events have been planned to celebrate his centenary.  These notes will cover all denominations – R10, R20, R50, R100 and R200” the bank said yesterday. In addition, the South African Mint, a subsidiary of the SARB, will issue a new R5 circulation coin celebrating Mandela’s birth centenary.

The SARB expects the commemorative banknotes and coins to be introduced into circulation from 18 July, what would have been Mandela’s 100th birthday.

The central bank’s announcement comes as South Africa and the world today mark 28 years since the global icon was released from the Victor Verster prison on 11 February 1990.

Addressing the crowds gathered in Cape Town for the launch of  in Cape Town, ANC President Cyril Ramaphosa said: “As we gather here to commemorate that pivotal moment in the life of our nation, let us affirm our determination as a people to realise the vision to which Nelson Mandela dedicated his life.

 

source: SA People