Financial rand had a previous life, from January 1979 to February 1983. The 1985 crisis coincided with a default (then called a "standstill") on foreign debt by the apartheid government. 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
Josh Rand Josh Rand Josh Rand (born August 19, 1974) is an American musician best known as the rhythm guitarist for the band Stone Sour. Josh Rand started playing bass guitar when he was 15, inspired by Billy Sheehan, Cliff Burton, Frankie Bello and Jason Newsted. He has known Corey Taylor since he was 15. The two played in several bands together before Josh switched to guitar at age 17. Rand has said that after hearing the band Racer X he knew playing the guitar was right for him. Rand earned a professional certificate in guitar from Berklee College of Music and