Coins of the South African rand transactions are rounded to the nearest 10c. A bi-metallic R5 coin with added security features, including a grooved edge and micro-lettering on the reverse, was introduced in 2004. The gold Krugerrand coin is produced in 1/10 oz, 1/4 oz, 1/2 oz and 1 oz denominations. Coins of the South African rand The coins of the South African rand are part of the physical form of South Africa's currency, the South African rand. In 1961, South Africa replaced the pound with a decimal currency: 100 cents (100c) = 1 rand (R1), 1 rand being valued at 10 shillings and 1 cent
The Rand Daily Mail black newspaper "The Sowetan" described "The Rand Daily Mail" as the first white newspaper to regard blacks as human beings. Yet for most of the apartheid period (1948–1990) the paper suffered from poor management, government infiltration, and state censorship. The management often tried to replace more liberal editors with conservative ones. After the closure of "The Rand Daily Mail", some of its journalists (like Anton Harber and Irwin Manoim) pooled their severance pay to start the "Weekly Mail" (now "Mail & Guardian"), which carried on the anti-apartheid stance of its predecessor. Times Media Group held the rights to "The Rand