Central Banking

Sarb investigation finds low-quality proof Krugerrand coins


The South African Reserve Bank (Sarb) on April 13 announced it had concluded its investigation into the SA Mint Company. The outcome was the revelation that "some of the proof Krugerrand coins casted between April 2011 and May 2011 may not meet all the required quality specifications".

Sarb first revealed in December 2011 that it was looking into "technical issues" at SA Mint. At the time, limited details were available, but senior management members at the firm were suspended while an

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