South Africa has new banknotes and coins

On May 3, the improved coins and banknotes for the nation were unveiled by the Nelson Mandela Foundation and the South African Reserve Bank (SARB). Even though they don't deviate too much from the existing issue, the new banknotes and coins have fresh designs and increased security measures. The new currency, which is acknowledged as legal tender, is anticipated to go into circulation this week. Remember that current coins and banknotes will still be accepted. Nelson Mandela's image and the "Big Five" animals are still on the new banknotes.

The notes now show adult animals and their young as the SARB chose to emphasize family. The color of the notes has also been altered.

New R200. Image: South African Reserve Bank (SARB).

New R100. Image: South African Reserve Bank (SARB).

New R50. Image: South African Reserve Bank (SARB).

In what month of every year does the minister of finance present the national budget to parliament in South Africa

In South Africa, the Minister of Finance typically presents the national budget to Parliament in February every year. The budget speech usually outlines the government's plans for spending and revenue collection for the upcoming fiscal year, which runs from April 1st to March 31st of the following year. However, the specific date for the budget speech may vary from year to year and is usually announced in advance by the government.

who is the south african minister of finance

Enoch Godongwana currently holds the position of Minister of Finance in the Republic of South Africa, a role he has held since August 5th, 2021. He has an MSc degree in Financial Economics from the University of London and has been a member of the African National Congress (ANC) National Executive Committee since 1997. In addition, Godongwana is the chairperson of the ANC's Economic Transformation sub-committee.

Prior to his appointment as Minister of Finance, Godongwana held various positions including Chairperson of the Board of the Development Bank of Southern Africa, CEO of the Financial Sector Charter Council, and Member of the Policy Board for Financial Services and Regulation. He has also served in the South African government as Deputy Minister of Economic Development and Deputy Minister of Public Enterprises, as well as a Member of Parliament and Member of the Executive Council in the Eastern Cape.

Godongwana has a background in trade unionism and was previously General Secretary of the National Union of Metal Workers of South Africa. He was also involved in the drafting of labor legislation such as the Labour Relations Act and was a founding member of the National Economic Development and Labour Council (NEDLAC).

Absa vehicle finance contacts

To contact ABSA Vehicle Finance, you can use the following options:

Customer Care Centre: You can contact the ABSA Vehicle Finance Customer Care Centre on 0860 669 669 (South Africa) or +27 11 501 5110 (Outside South Africa).

Website: Visit the ABSA Vehicle Finance website at www.absa.co.za/vehicle-finance/ and click on "Contact Us" for various options to get in touch with them.

Email: You can also send an email to absa@absa.co.za for any queries or complaints related to vehicle finance.

Social Media: ABSA also has social media accounts on Twitter (@Absa), Facebook (@AbsaSouthAfrica) and Instagram (@absasouthafrica), which you can use to contact them.

Branches: You can also visit any ABSA branch near you and speak to a customer service representative for assistance with vehicle finance.