Financial rand Financial rand The South African financial rand was the most visible part of a system of capital controls. Although the financial rand was abolished in March 1995, some capital controls remain in place. These capital controls are locally referred to as "exchange controls", although the system has since 1995 moved towards surveillance — recording and reporting to the authorities of foreign currency transactions — rather than control. Capital controls have been in place in South Africa in various guises on an uninterrupted basis since the outbreak of World War II, when Great Britain and its dominions implemented the Sterling area.
East Rand Stereo studios, a fully operational newsroom and a news team, various administrative offices, permanent staff, an active sales team and approximately 20 freelance presenters and technical engineers. East Rand Stereo currently broadcasts from Springs and supplies local entertainment and news to most parts of Ekuruleni, also known as the East Rand. Areas currently covered include Springs, Brakpan, Benoni, Parts of Boksburg, Parts of Kepmton Park, Parts of Germiston and Parts of Alberton. From its early days to now, it has been important for East Rand Stereo to give something back to the community to whom it broadcasts. East Rand Stereo not