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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 economy of South Africa is a mixed economy, emerging market, and upper-middle-income economy, one of only eight such countries in Africa. [25] [26] [27] The economy is the most industrialised, technologically advanced, and diversified in Africa. [28] Following 1996, at the end of over twelve years of international sanctions, South Africa's ...
South African Airways ( SAA) is the flag carrier of South Africa. [ 4] Founded in 1934, the airline is headquartered in Airways Park at O. R. Tambo International Airport in Johannesburg and operates a hub-and-spoke network, serving 13 destinations in Africa and two intercontinental destinations to Perth, Australia and Sau Paulo, Brazil. [ 5]
The gold rush saw massive development of Johannesburg and the Witwatersrand, and the area today is the prime metropolitan area of South Africa. One consequence of the gold rush was the construction of the first railway lines in this part of Africa. As a result of the rapid development of the goldfields on the Witwatersrand in the 1880s and the ...
Midrand. / 25.99917°S 28.12639°E / -25.99917; 28.12639. Midrand is a town in central Gauteng, South Africa. It is situated in-between Centurion and Sandton. Formerly an independent municipality, Midrand now forms part of the City of Johannesburg Metropolitan Municipality .
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 ...
Bophuthatswana (/ ˌ b oʊ p uː t ə t ˈ s w ɑː n ə / BOH-poo-tət-SWAH-nə, lit. ' gathering of the Tswana people '), [4] officially the Republic of Bophuthatswana (Tswana: Repaboleki ya Bophuthatswana; Afrikaans: Republiek van Bophuthatswana), and colloquially referred to as the Bop, was a Bantustan (also known as "Homeland", an area set aside for members of a specific ethnicity) that ...
The South African financial rand was the most visible part of a system of capital controls. Although the financial rand was abolished in March 1995, some capital controls remain in place. These capital controls are locally referred to as "exchange controls", although the system has since 1995 moved towards surveillance — recording and ...