SOUTH AFRICAN CENTRAL BANK SAYS ONLY SMALL PERCENTAGE OF BANKNOTES OUTSOURCED

The South African Reserve Bank (SARB) says some of its annual banknote order is outsourced to credible and vetted international printing companies.

However, this is only a small percentage of South African currency, and the rest is produced at the South African Banknote Company, a subsidiary of the central bank.

The SARB confirmed here over the weekend that it has now received a consignment of banknotes held in an aircraft which was impounded in Zimbabwe after making an emergency landing at Harare International Airport.

The plane was on its way from Germany, carrying a consignment of South African banknotes which had apparently been printed in Europe. Zimbabwean authorities impounded the plane when the body of a dead man, apparently a stowaway, was found on board.

The post-mortem showed that the man died from a lack of oxygen.

The International Police Organization (Interpol) has issued a notice to police forces in Germany and all countries where the plane made stopovers — Belgium, Ivory Coast, Nigeria and Uganda — to assist in establishing the identity and nationality of the suspected stowaway.

The plane was released from Harare to fly to South Africa over thew weekend.

Source: SABC