‘ That ’ ll be 50 Madibas ’

TATA ’ S FACE ON NOTES

Sunday World - - News - MADALA THEPA

FOR­MER pres­i­dent Nel­son Man­dela was yes­ter­day hon­oured on the 22nd an­niver­sary of his re­lease from prison by the Re­serve Bank – with the launch of new bank notes bear­ing his im­age.

The new cur­rency note se­ries was un­veiled in Pre­to­ria by Re­serve Bank gov­er­nor Gill Mar­cus, fi­nance min­is­ter Pravin Gord­han and Pres­i­dent Ja­cob Zuma.

Man­dela joins world lead­ers such as Abra­ham Lin­coln and Thomas Jef­fer­son whose faces have ap­peared on US coins and bank notes since 1909 and 1938 re­spec­tively.

Zuma said Man­dela was an out­stand­ing leader and com­pa­triot.

“On be­half of gov­ern­ment and the coun­try we are proud to an­nounce that the new South African bank notes will bear the face of Dr Nel­son Man­dela.

“We are happy to make this public on the an­niver­sary of his re­lease, ” Zuma said.

The trib­ute to Man­dela was made on the same day that the Man­dela fam­ily buried his sis­ter, Nokuthamba Man­dela, in the East­ern Cape.

“It is a be­fit­ting trib­ute to a man who be­came a sym­bol of this coun­try’s strug­gle for free­dom, hu­man rights and democ­racy.

“With this hum­ble gesture we are ex­press­ing our deep grat­i­tude as the South African peo­ple for a life spent in the ser­vice of the peo­ple of this coun­try and in the cause of hu­man­ity world­wide,” said Zuma.

The last time the cur­rent note se­ries was up­graded was in 2005.

“While the se­cu­rity fea­tures re­main ef­fec­tive, we de­cided it was time to pro­duce a new note se­ries,” said Mar­cus.

The new bank notes will come out in R10, R20, R50, R100 and R200 de­nom­i­na­tions.

“The cur­rency will have the same de­nom­i­na­tions, sizes and colours (as the old ones) but the front of all the notes will carry a spe­cially de­signed en­grav­ing of Man­dela,” Mar­cus said.

She said Man­dela had seen his im­age on the new notes and that he was happy with them.

Picture by Bafana Mahlangu

PROUD BEARER: Pres­i­dent Ja­cob Zuma dis­plays one of the new bank notes bear­ing the im­age of for­mer pres­i­dent Nel­son Man­dela.

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.