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52-460: The area around Letaba had been settled for millennia before the creation of Kruger Park. In the 1800s, the inhabitants of the land were the Ba-Phalaborwa people, a Sotho-speaking tribe who inhabited the area. They were primarily crop and cattle farmers, but had an extensive iron smithing expertise, trading their iron goods with Arab merchants along the east coast of southern Africa, in what

104-621: A massive sell-off in emerging economies." In 2014, South Africa experienced its worst year against the US dollar since 2009, and in March 2015, the rand traded at its worst since 2002. At the time, Trading Economics released data that the rand "averaged R4.97 to the dollar between 1972–2015, reaching an all time high of R12.45 in December 2001 and a record low of R0.67 in June of 1973." By the end of 2014,

156-421: A result, the animal density is lower than can be expected further south near Skukuza and Lower Sabie . However, bushbuck , elephant , buffalo , and waterbuck are still quite common. Secretary birds , kori bustards and ground hornbills are known to inhabit the area. Letaba is in a transition zone between the granite and gneiss to its west and basalt to the east, providing some unique geology. To

208-546: A special commemorative series of banknotes was released in commemoration of the 100th anniversary of Nelson Mandela's birth. This series includes notes of all denominations, 10, 20, 50, 100, and 200 rand. These notes will circulate alongside the existing notes. The notes depict the standard face of Nelson Mandela on the obverse. Still, instead of the Big Five animals on the reverse, they show a younger Mandela with different iconic scenes relating to his legacy. These scenes comprise

260-630: Is home to Palabora Mining . The massive open pit mine, nearly 2,000 meters across, is Africa's widest manmade hole. Founded in 1951, Foskor's Mining Division in Phalaborwa mines phosphate rock (foskorite and pyroxenite), from which Foskor's Acid Division in Richards Bay produces phosphoric acid and phosphate-based granular fertilisers for local and international markets. The opencast mine in Phalaborwa, in South Africa's Limpopo Province, has

312-538: Is host to a number of current tuskers. Once identified, each tusker is officially named and their home range and features are determined. The list of current tuskers is available on the South African National Parks website , alongside the list of deceased tuskers and female tuskers . The Emerging Tuskers Project relies on submitted photos to help identify new tuskers and track the movement of existing tuskers. Contact information can be found on

364-528: Is in a fairly dark area of the park, making stargazing an ideal nighttime activity. The camp also provides guided bush walks, game drives, breakfasts and dinners in the wild and a TV lounge. There is also a riverside camp walk along the inside of the camp's fence. Letaba is near several wilderness and 4x4 trails, the Matambeni bird hide, and the ruins of the Masorini settlement. 38 km from Letaba along

416-695: Is located near the confluence of the Ga-Selati River and the Olifants , halfway up along the western border of the Kruger National Park in the Lowveld. It is the only town in South Africa that borders Kruger National Park . The border with Mozambique is two hours away. Various private game reserves nearly surround Phalaborwa. Hans Merensky Golf Estate is situated on the outskirts. Nearby natural attractions are Blyde River Canyon ,

468-948: Is the display of the tusks and skulls of the Magnificent Seven, a set of enormous tuskers (elephant bulls with very large tusks). The hall was renovated in 2017 with financial assistance from donors worldwide and design assistance from professor Kevin Todd and his students at the University of the Sunshine Coast in Queensland, Australia. The Magnificent Seven—Dzombo, João, Kambaku, Mafunyane, Ndlulamithi, Shawu and Shingwedzi—were seven large bull elephants with enormous tusks ("tuskers"). Each elephant had at least one tusk that weighed at least 50 kg, and all of their tusks were at least 2 m long. Dr. U de V Pienaar,

520-419: Is today Mozambique . The people of the area were removed during the creation of Kruger National Park, but most of their descendants live just outside the park's gates. On the evening of 9 September 2020, a fire burned a significant part of the shop at Letaba, which was put out by firefighter teams from Olifants and Phalaborwa , as well as staff and guests at the camp. There were no fatalities or injuries, but

572-577: The South African pound as legal tender, at the rate of 2 rand to 1 pound, or 10 shillings to the rand. The government introduced a mascot, Decimal Dan, "the rand-cent man" (known in Afrikaans as Daan Desimaal). This was accompanied by a radio jingle to inform the public about the new currency. Although pronounced in the Afrikaans style as / r ʌ n t / in the jingles when introduced,

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624-703: The Thai ฿10 coin , the pre-2018 Philippine ₱10 coin , the British £2 coin , and the Canadian $ 2 coin ), a specially serrated security groove along the rim and microlettering. On 3 May 2023, the South African Reserve Bank announced that a new series of coins would be released. These will have the same denominations as the previous series. The 10c will feature an image of the Cape Honey Bee,

676-506: The rand , ( sign : R ; code : ZAR ) is the official currency of South Africa . It is subdivided into 100 cents (sign: "c"), and a comma separates the rand and cents. The South African rand is legal tender in the Common Monetary Area member states of Namibia , Lesotho , and Eswatini , with these three countries also having national currencies: (the dollar , the loti and the lilangeni respectively) pegged with

728-476: The 1 and 2-cent coins was discontinued in 2002, followed by 5-cent coins in 2012, primarily due to inflation having devalued them, but they remain legal tender. Shops normally round the total purchase price of goods to the nearest 10 cents. To curb counterfeiting, a new 5-rand coin was released in August 2004. Security features introduced on the coin include a bimetal design (similar to the €1 and €2 coins ,

780-864: The 20c the Bitter Aloe, the 50c the Knysna Turaco , the R1 the Springbok , the R2 the King Protea , and the R5 the Southern Right Whale . The first series of rand banknotes was introduced in 1961 in denominations of 1, 2, 10, and 20 rand, with similar designs and colours to the preceding pound notes to ease the transition. They bore the image of what was believed at the time to be Jan van Riebeeck ,

832-563: The EU would impact the South African economy and trade relations. In April 2017, a Reuters poll estimated that the rand would remain relatively stable for the rest of the year, as two polls found that analysts had already factored in a possible downgrade to "junk" status. At the time, Moody's rated South Africa two notches above junk status. When President Jacob Zuma narrowly won a motion of no confidence in South Africa in August 2017,

884-694: The Emerging Tuskers Project web page . In early 2017 the Elephant Hall was shut down for renovation. With the help of over R1.5 million in donations from Australia's University of the Sunshine Coast and the South African National Parks Honorary Rangers, it was reopened on 2017-03-20 after nine weeks of renovation. The renovated museum features a more modern design, clearer display panels and design improvements. The renovation also meant

936-520: The Phalaborwa road is the ruin of a BaPhalaborwa tribe village from the 1800s called Masorini. It was likely a trading hub connecting Venda farmers in the north with Portuguese, Arab, and Chinese traders along the east coast. There is a museum and picnic area on site with guided tours to the top of the hill, where reconstructed furnaces and huts can be seen. Letaba lies in Mopani veld , which has quite dense bush of mopane trees ( Colophospermum mopane ). As

988-648: The SANParks website. Ba-Phalaborwa Phalaborwa (translated to English as better than the south; phala means better than and borwa means south ) is a town in the Mopani District Municipality , Limpopo province, South Africa . The name "Ba-Phalaborwa" was given to the area by the Sotho tribes who moved there from the south. It means "better than the south". The Sotho mined and smelted copper and iron ore there by 400 AD. It

1040-721: The Three Rondavels , God's Window and Bourke's Luck Potholes ; the Tzaneen fruit farms and Hoedspruit game farms can all be visited within a day. Masorini, near Phalaborwa gate, is a reconstructed Ba-Phalaborwa hill village, with huts, grain storage areas, and an iron smelting site. Two townships, Namakgale and Lulekani are where the Pedi and Tsonga reside. Rural areas such as Mashishimale, Humulani, Kurhula (Matshama Hi Nkano), Ben Farm (Majeje), Makushane and Ga-Maseke.Ga-selwane.majeje 3 and prieska are there. Phalaborwa

1092-532: The addition of the tusks of Mandleve, the largest ivory-carrying elephant ever recorded in Kruger park, who died of natural causes in 1993. The addition of the Mandleve tusk display was sponsored by Rotary International . The renovation also includes a new lighting system, allowing photographs without the use of flash photography. Future plans include the development of a virtual tour of the elephant hall available on

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1144-456: The better-known previous Minister of Finance, Pravin Gordhan , would instead be appointed to the post. Zuma's surprise sacking of Nene damaged international confidence in the rand, and the exchange rate was volatile throughout much of January 2016 and reached an all-time low of R17.9169 to the US dollar on 9 January 2016 before rebounding to R16.57 later the same day. The January drop in value

1196-426: The capacity to yield 2.6 million tons per annum of phosphate rock concentrate from processing 35 million tons of ore per annum. Once crushed, milled, concentrated and dried, most of the phosphate rock concentrate is railed to Foskor's processing plant in Richards Bay, 800 km away on the country's east coast. Tourism and wildlife play a dominant role in the economy. Phalaborwa Airport is a commercial airport serving

1248-405: The chief warden of Kruger National Park in the 1970s, decided to publicise these elephants as an example of Kruger's successful conservation work. As each elephant died, their skull and ivory were recovered and brought to the Elephant Hall, with the exception of João, whose tusks broke off in 1984 and were never found. A section of the elephant hall is dedicated to each of them. Kruger National Park

1300-489: The contemporary pronunciation in South African English is / r æ n d / . One rand was worth US$ 1.40 (R0.72 per dollar) from the time of its inception in 1961 until late 1971, and the U.S. dollar became stronger than South African currency for the first time on 15 March 1982. Its value thereafter fluctuated as various exchange rate dispensations were implemented by the South African authorities. By

1352-558: The correct colour and were 1mm short. On 11 February 2012, President Jacob Zuma announced that the country would be issuing a new set of banknotes bearing Nelson Mandela 's image. They were entered into circulation on 6 November 2012. These contained the same denominations of 10, 20, 50, 100, and 200 rand. In 2013, the 2012 series was updated with the addition of the EURion constellation to all five denominations. They were entered into circulation on 6 November 2013. On 18 July 2018,

1404-677: The currency after that, most notably the 1994 general election , which had it weaken to over R3.60 to the dollar, the election of Tito Mboweni as the governor of the South African Reserve Bank , and the inauguration of President Thabo Mbeki in 1999, which had it quickly slide to over R6 to the dollar. The controversial land reform programme that was initiated in Zimbabwe , followed by the September 11, 2001 attacks , propelled it to its weakest historical level of R13.84 to

1456-434: The dollar in December 2001. This sudden depreciation in 2001 led to a formal investigation and a dramatic recovery. By the end of 2002, the currency was trading under R9 to the dollar again, and by the end of 2004, it was trading under R5.70. The currency softened somewhat in 2005, trading around R6.35 to the dollar at the end of the year. At the start of 2006, however, the currency resumed its rally and, as of 19 January 2006,

1508-431: The early 1980s, high inflation and mounting political pressure combined with sanctions placed against the country due to international opposition to the apartheid system had started to erode its value. The currency broke above parity with the dollar for the first time in March 1982. It continued to trade between R1 and R1.30 to the dollar until June 1984, when the currency's depreciation gained momentum. By February 1985, it

1560-439: The first VOC administrator of Cape Town . It was later discovered that the original portrait was not, in fact, Van Riebeeck at all, but a portrait of Bartholomew Vermuyden had been mistaken for Van Riebeeck. In 1966, a second series with designs that moved away from the previous pound notes was released. Notes with 1, 5, and 10 rand denominations were produced with predominantly one colour per note. A smaller 1 rand note with

1612-430: The first quarter of 2008. This downward slide could be attributed to a range of factors: South Africa's worsening current account deficit, which widened to a 36‑year high of 7.3% of gross domestic product (GDP) in 2007; inflation at a five-year high of just under 9%; escalating global risk aversion as investors' concerns over the spreading impact of the sub-prime crisis grew; and a general flight to "safe havens", away from

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1664-591: The perceived risks of emerging markets. The rand depreciation was exacerbated by the Eskom electricity crisis, which arose from the utility's inability to meet the country's rapidly growing energy demands. A stalled mining industry in late 2012 led to new lows in early 2013. In late January 2014, the rand slid to R11.25 to the dollar, with analysts attributing the shift to "word from the US Federal Reserve that it would trim back stimulus spending, which led to

1716-701: The previous five months, exchanging at a rate of R14.16 to the United States dollar. Following the United Kingdom voting to leave the European Union, the rand dropped in value over 8% against the US$ on 24 June 2016, the currency's largest single-day decline since the 2008 economic crash. This was partly due to a general global financial retreat from currencies seen as risky to the US dollar and partly due to concerns over how British withdrawal from

1768-507: The previous series, mainly because of the severe wear and tear experienced with low-denomination notes in circulation. In 1994, 100 and 200 rand notes were introduced. The 2005 series has the same principal design but with additional security features, such as colour-shifting ink on the 50 rand and higher and the EURion constellation . The obverses of all denominations were printed in English, while two other official languages were printed on

1820-571: The rand at parity and still widely accepted as substitutes. The rand was also legal tender in Botswana until 1976 when the pula replaced the rand at par. The rand takes its name from the Witwatersrand ("white waters' ridge" in English, rand being the Afrikaans (and Dutch ) word for ' ridge '), the ridge upon which Johannesburg is built and where most of South Africa's gold deposits were found. In English and Afrikaans (and Dutch),

1872-522: The rand continued to slide, dropping 1.7% that day. In September 2017, Goldman Sachs said that the debt and corruption of Eskom Holdings was the biggest risk to South Africa's economy and the exchange rate of the rand. At the time, it had no permanent CEO, and Colin Coleman of Goldman Sachs in Africa said the company was "having discussions on solutions" on finding credible management. In October 2017,

1924-462: The rand firmed against the US dollar as it recovered from a six-month low. Reuters noted, "South Africa is highly susceptible to global investor sentiment as the country relies on foreign money to cover its large budget and current account deficits." On 13 November 2017, the rand fell by over 1% when the budget chief, Michael Sachs, stood down from his position in Zuma's administration. In October 2022,

1976-544: The rand had weakened to R15.05 per dollar, partly due to South Africa's consistent trade account deficit with the rest of the world. From 9–13 December 2015, over four days, the rand dropped over 10% due to what some suspected was President Jacob Zuma's surprise announcement that he would be replacing the Finance Minister Nhlanhla Nene with the little-known David van Rooyen . The rapid drop in value stemmed when Zuma backtracked and announced that

2028-492: The rand sank to its lowest point in two years, reaching R18.46 to the US dollar on 25 October 2022. Coins were introduced in 1961 in denominations of 1 ⁄ 2 , 1, 2 + 1 ⁄ 2 , 5, 10, 20, and 50 cents. In 1965, 2-cent coins replaced the 2 + 1 ⁄ 2 cent coins. The 1 ⁄ 2 cent coin was last struck for circulation in 1973. The 1 rand coin for circulation was introduced in 1967, followed by 2 rand coins in 1989 and 5 rand coins in 1994. Production of

2080-426: The reverse, thus using all 11 official languages of South Africa . In 2010, the South African Reserve Bank and commercial banks withdrew all 1994 series 200-rand banknotes due to relatively high-quality counterfeit notes in circulation. In 2011, the South African Reserve Bank issued defective 100 rand banknotes which lacked fluorescent printing visible under UV light . In June, the printing of this denomination

2132-529: The rolling hills of the Eastern Cape , featuring Mandela's humble birthplace of Mvezo (10 rand); the home of Mandela in Soweto , where he defined his political life alongside other struggle icons (20 rand); the site where Mandela was captured near Howick , following 17 months in hiding, where a monument to him has been erected (50 rand); the place of Mandela's 27-year imprisonment at Robben Island , showing

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2184-431: The same design was introduced in 1973, and a 2 rand note was introduced in 1974. The 20 rand denomination from the first series was dropped. The practice of having an English and an Afrikaans version of each note was continued in this series. The 1978 series began with denominations of 2, 5, 10, and 20 rand, with a 50 rand introduced in 1984. This series had only one language variant for each denomination of note. Afrikaans

2236-516: The shop had to be closed to be rebuilt, leaving visitors without a way to buy necessities during their stay. Less than a week later, a similar fire burned down the restaurant at Berg-en-Dal Rest Camp . Letaba features a Tindlovu restaurant overlooking the Letaba river, a small conference centre with a 55-seat auditorium, two swimming pools (one outside in the day visitor's area), laundromat, filling station, slimline ATM, and first aid station. Letaba

2288-483: The singular and plural forms of the unit ("rand") are the same: one rand, ten rand, and two million rand. The rand was introduced in the Union of South Africa in 1961, three months before the country declared itself a republic . A Decimal Coinage Commission had been set up in 1956 to consider a move away from the denominations of pounds, shillings, and pence; it submitted its recommendations on 8 August 1958. It replaced

2340-559: The town. This area is also known as the Valley of the Olifants. Rainfall is low. It has the highest winter temperature in South Africa, with an average winter temperature range from 9 °C to 26 °C.During summer the average temperatures vary from 20 °C to 33 °C with occasional heavy rainfall. The highest recorded temperature was 50 °C in December 2018. South African Rand The South African rand , or simply

2392-473: The west of camp, clusterleaf shrub is common, while the east side gets more apple-leaf . The entire area is filled with mopane trees. Tamboti , knobthorn and leadwood are also common in the area. Unique to Letaba amongst camps in Kruger is the Elephant Hall , a small museum dedicated to elephants. It includes sections about elephant biology, behaviour, ecology and evolution. The primary exhibit

2444-474: Was also partly caused by Japanese retail investors cutting their losses in the currency to look for higher-yield investments elsewhere and due to concerns over the impact of the economic slowdown in China , South Africa's largest export market. By mid-January, economists were speculating that the rand could expect to see further volatility for the rest of 2016. By 29 April, it reached its highest performance over

2496-634: Was moved from the South African Bank Note Company to Crane Currency's Swedish division ( Tumba Bruk ), which reportedly produced 80 million 100 rand notes. The South African Reserve Bank shredded 3.6 million 100-rand banknotes printed by Crane Currency because they had the same serial numbers as a batch printed by the South African Bank Note Company. In addition, the notes printed in Sweden were not

2548-468: Was short-lived; by the end of 1989, the rand was trading at more than R2.50 per dollar. As it became clear in the early 1990s that the country was destined for Black majority rule and one reform after the other was announced, uncertainty about the country's future hastened the depreciation until the level of R3 to the dollar was breached in November 1992. A host of local and international events influenced

2600-457: Was the first language on the 2, 10, and 50 rand, while English was the first on the 5 and 20 rand. A coin replaced the 1 rand note. In the 1990s, the notes were redesigned with images of the Big Five wildlife species. 10, 20, and 50 rand notes were introduced in 1992 & 1993, retaining the colour scheme of the previous issue. Coins were introduced for the 2 and 5 rand, replacing the notes of

2652-486: Was trading at over R2 per dollar, and in July of that year, all foreign exchange trading was suspended for three days to try to stop the depreciation. By the time that State President P. W. Botha made his Rubicon speech on 15 August 1985, it had weakened to R2.40 per dollar. The currency recovered somewhat between 1986 and 1988, trading near the R2 level most of the time and breaking beneath it sporadically. The recovery

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2704-399: Was trading under R6 to the dollar again. However, the rand weakened significantly during the second and third quarters of 2006 (i.e., April through September). In sterling terms, it fell from around 9.5% to just over 7%, losing some 25% of its international trade-weighted value in six months. In late 2007, the rand rallied modestly to just over 8%, only to experience a precipitous slide during

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