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.
Ivan Rand that he will count that day as not having been without its fitting deed. I.C. Rand Supreme Court of Canada, Ottawa, Canada" He has been described as 'probably the greatest judge in Canada's history' and 'perhaps the greatest exponent of the rule of law in the history of the Supreme Court of Canada'. Biographer William Kaplan describes Rand as "an intolerant bigot" who disliked French Canadians, Catholics, Jews and Canadians who weren't of British stock. When his sister married an Acadian, Rand refused to talk to her for 30 years. Nevertheless, as a judge, Rand was a civil libertarian who