Meanwhile, one after another, private research institutes have revised downward their real GDP outlook for the second half of 2011 and for 2012. Judging from employment statistics and a manufacturing survey for August 2011, the pace of economic recovery is likely to remain very moderate.
One of the responsibilities of the South African Reserve Bank is to protect the value and integrity of the South African currency. Through this comprehensive communication campaign, we want to ensure that all our citizens and organisations familiarise themselves with the look and feel of the new banknotes, and reinforce the culture of knowing our money.