The banknotes highlight President Mandela’s historical journey from the rolling hills of the Eastern Cape, to Soweto, to Howick, to Robben Island, to the Union Buildings. The  Page 3 of 4  commemorative R5 circulation coin features a portrait of Tata Madiba, smiling at the nation he helped to build.
Background Our point of departure is a definition of the equilibrium interest rate that corresponds with the neutral rate of interest.