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The South African rand, or simply the rand, ( sign: R; code: ZAR [a]) is the official currency of South Africa. It is subdivided into 100 cents (sign: "c"), and a comma separates the rand and cents.
The Krugerrand ( / ˈkruːɡərænd /; [1] Afrikaans: [ˈkry.ərˌrant]) is a South African coin, first minted on 3 July 1967 to help market South African gold and produced by Rand Refinery and the South African Mint. [2] [3] The name is a compound of Paul Kruger, the former President of the South African Republic (depicted on the obverse ...
The rand was introduced in the then Union of South Africa on 14 February 1961, shortly before the establishment of the Republic on 31 May 1961. The rand replaced the pound with a decimal currency: 100 cents (100c) = 1 rand (R1), 1 rand being valued at 10 shillings and 1 cent at 1.2 pence. The coins bore the forward-facing portrait of Jan van ...
Easiest route. From Gauteng or Pretoria. The Witwatersrand ( UK: / wɪtˈwɔːtərzrænd, - rɑːnd /, US also / ˈwɪtwɔːtərz -/; [ 1] Afrikaans pronunciation: [ˌvətˌvɑːtəɾsˈɾant]; locally the Rand or, less commonly, the Reef) is a 56-kilometre-long (35 mi), north-facing scarp in South Africa. It consists of a hard, erosion ...
The Rand Rebellion ( Afrikaans: Rand-rebellie; also known as the 1922 strike) was an armed uprising of white miners in the Witwatersrand region of South Africa, in March 1922. Jimmy Green, a prominent politician in the Labour Party, was one of the leaders of the strike. Following a drop in the world price of gold from 130 shillings (£6 10s ...
South African pound. This infobox shows the latest status before this currency was rendered obsolete. The pound ( Afrikaans: pond; symbol £, £SA [1] for distinction) was the currency of the Union of South Africa from the formation of the country as a British Dominion in 1910. It was replaced by the rand in 1961 when South Africa decimalised.
Randlord. Randlords ( Afrikaans: randhere) were the capitalists who controlled the diamond and gold mining industries in South Africa from the 1870s up to World War I . A small number of European financiers, largely of the same generation, gained control of the diamond mining industry at Kimberley, Northern Cape.
History of South Africa. The first modern humans are believed to have inhabited South Africa more than 100,000 years ago. [ 1] In 1999, UNESCO designated the region the Cradle of Humankind World Heritage site. [ 2] South Africa's first known inhabitants have been referred to as the Khoisan, the Khwe and the San.