"At least the new bank notes will look stronger than the dollar"
The ECR Drive team comment on South Africa's new notes and coins.
Ka-ching! South Africa is out here doing the most because we have new notes and coins!
The motive behind the refresh is for the South African Reserve Bank (SARB) to enhance security features, as well as add a pop of colour and some new plants and animals to the country's currency.
SEE: SARB introduces new SA banknotes, coins
It's been a decade since the last change and Mzansi is doing this in line with international best practice to regularly swop out notes to avoid counterfeits.
However, Mzansi has hit a snag.
Multiple news outlets reported that there was a spelling mistake on the notes.
BusinessTech reports: 'On the R100 note, the Xitsonga translation of “Reserve Bank” was changed, with the second ‘N’ in Bangi Nkulu dropped. The word now reads as Bangi Kulu. Some Xitsonga speakers said that this is incorrect and the previous version of “Bangi Nkulu” was the accepted form.'
Read More: Xitsonga spelling on new banknotes correct, says PanSALB
ECRNewsWatch reports: 'The upgraded banknotes that are in question right now, they are released now May and the work that happened or the approval that was received from PanSALB was received in 2022 after they had changed the language," says the bank's Head of Currency Pearl Kgalegi.'
"The old banknote comes from 2012 and in 2012 the language with an 'N' was correct. So there is no incorrect banknote. Language has evolved."
Stacey, J Sbu, and Nick had a laugh and mentioned that despite all the adversity we face in SA, at least this bank note will look stronger than other currencies.
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Image courtesy of canva