East Rand Stereo well known for its variety and fun-to-listen-to music selection, day and night and also broadcasts various focused programs such as Gospel, Country, Boeremusiek and Classical Music In 2005 East Rand Stereo once again became a leader in the industry, when it became the first community radio station in South Africa to broadcast using RCS (Radio Computer Software), which was in the past only used by Larger Commercial Radio Stations. East Rand Stereo is also one of few community radio stations with a fully operational newsroom and a news team, providing local news to its community, including two daily "good-news" bulletins.
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