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Why SA is still sticking to 10c coins

Nick Wilson

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Deputy Governor of the South African Reserve Bank, Kuben Naidoo.

Deputy Governor of the South African Reserve Bank, Kuben Naidoo.

Gallo Images / Phill Magakoe

When the SA Reserve Bank launched its new-look banknotes and coins, it refrained from changing denominations. The last big change was the introduction of the R200 note in 2012, but a R500 note is not on the cards yet.

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