SA’s 128-year-old mint gets new MD
Honey Mamabolo is now MD at the SA Mint, which produces SA’s legal tender coins, investment coins and coins for the international market
On Tuesday, the SA Reserve Bank announced the appointment of Honey Mamabolo as the new MD of the SA Mint Company, a wholly owned subsidiary of the Bank.
The 128-year-old SA Mint produces SA’s legal-tender coins, investment coins — such as the Krugerrand — as well as coins for the international market. The Mint achieved a pre-tax profit of R1.5bn in the 2018/2019 financial year, driven by increased demand for the Krugerrand, according to the Bank’s latest annual results. ..