Rand Airport air charter operators, flying schools and a number of aircraft maintenance organisations, as well other aviation-related enterprises. Charter operator Phoebus Apollo Aviation has its headquarters at Rand; the airport is also home to the Flying Lions Aerobatic Team. South African Airways donated a Boeing 747-200 and a Boeing 747SP to the South African Airways Museum Society which are on display at the airport. The airport also hosts an annual air show. There are no scheduled operations from the airport. Rand Airport is notorious for its hot and high conditions and relatively short runways. Situated at an altitude of above sea
Currency board Currency board A currency board is a monetary authority which is required to maintain a fixed exchange rate with a foreign currency. This policy objective requires the conventional objectives of a central bank to be subordinated to the exchange rate target. The main qualities of an orthodox currency board are: The currency board in question will no longer issue fiat money but instead will only issue one unit of local currency for each unit (or decided amount) of foreign currency it has in its vault (often a hard currency such as the U.S. dollar or the euro). The surplus on