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.
Rand Building England. The Buffalo Broadcasting Company moved its stations WGR and WKBW to the building in 1922; the stations had moved out of the building by 1959. The "GR" in WGR stands for George Rand; the station was founded by the Federal Telephone and Telegraph company in 1922, in which Rand was a major investor. Today, the stations in the Townsquare Media cluster (WMSX, WBLK, WBUF, and WYRK) broadcast from studios in the Rand Building and have their transmitting antennas located atop its beacon. Adjacent to the Rand Building is 10 Lafayette Square in Lafayette Square. George F. Rand Jr. had