Central Banking

SARB's Mboweni on South Africa's new banknotes

In a speech given on 17 January, Tito Mboweni of the South African Reserve Bank said the preparation for the issue of the upgraded series of banknotes has been a complex and a painstaking one and "we are very proud of the result".

"The changes to the banknotes have been widely consulted on with the key stakeholders. Consultations have taken place with the Department of Arts and Culture on the Coat of Arms, with the Pan South African Language Board (PANSALB) on the language changes, with the

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