𝗦𝗼𝘂𝘁𝗵 𝗔𝗳𝗿𝗶𝗰𝗮𝗻 𝗕𝗮𝗻𝗸𝗻𝗼𝘁𝗲𝘀 🇿🇦
The South African Reserve Bank has the sole authority to make banknotes, and to issue them and coins to the public.
Here is how it’s done 🔻
The total population of Nigeria, Egypt, Ethiopia, and Morocco is 482 million, with a combined tax revenue for 2023/24 amounting to $74.09 billion.
South Africa, with a population of 62 million, independently generated tax revenue of $115.24 billion.
South Africa stands out as…
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