Rand Stadium Rand Stadium The Rand Stadium is a stadium in Rosettenville, a suburb of Johannesburg, South Africa. It was set to be utilized as a training field for teams participating in the 2010 FIFA World Cup after being completely rebuilt and reopened in August 2008. Despite the relatively small capacity, it is regarded as one of the best playing surfaces in the country. Rand Stadium was constructed between 1949 and 1951 at a cost of £60,000 with a capacity of 15,000. Over time extensive renovations have been carried out, the first between 1964 and 1965 in which facilities were added and
Optimum currency area Optimum currency area In economics, an optimum currency area (OCA), also known as an optimal currency region (OCR), is a geographical region in which it would maximize economic efficiency to have the entire region share a single currency. The underlying theory describes the optimal characteristics for the merger of currencies or the creation of a new currency. The theory is used often to argue whether or not a certain region is ready to become a currency union, one of the final stages in economic integration. An optimal currency area is often larger than a country. For instance, part of the