Rand Water to metropolitan and local municipalities, industry and mining in Gauteng, and parts of Mpumalanga, the Free State, and North West provinces. Rand Water has water network of 3,056 km of pipelines, 53 reservoirs, supplying 3,653 million litres of water daily to its varied customers. Its headquarters is in the suburb of Glenvista. Rand Water Rand Water previously known as the Rand Water Board is a South African water utility that supplies potable water to the Gauteng province and other areas of the country and is the largest water utility in Africa. The water is drawn from numerous sources and is
Currency basket of currencies (and assets held). In most cases, a central bank has a monopoly right to issue of coins and banknotes (fiat money) for its own area of circulation (a country or group of countries); it regulates the production of currency by banks (credit) through monetary policy. An exchange rate is the price at which two currencies can be exchanged against each other. This is used for trade between the two currency zones. Exchange rates can be classified as either floating or fixed. In the former, day-to-day movements in exchange rates are determined by the market; in the latter,