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MyPE

MyPE

Community Business Directory, Event Listings, News and Views from Gqeberha, Nelson Mandela Bay

No more 5 cent coins

24 November 2011 By Alan Straton

South African 5 Cent Coin - 2005
South African 5 Cent Coin - 2005

South Africa will no longer be making 5 cent coins, says Cabinet spokesperson Jimmy Manyi.

Briefing the media on Thursday, Manyi said at its ordinary meeting on Wednesday that Cabinet had noted the discontinuation of the production of the South African 5 cent denomination coin.

Further to this, the 10 cent denomination coin is to be replaced with a new 10 cent denomination coin with effect from April next year.

“The new proposed 10 cent denomination coin will remain the same size. The metal content will change from the previous bronze-plated steel to copper-plated steel. This will result in the reduction in cost of producing these coins,” said Manyi.

Various commemorative coin designs for 2012 were also approved by Cabinet, including 2012 Natura series 24 carat gold coins, a 2012 R2 Crown to mark the Olympic Games and the Centenary of the Race to the South Pole. – BuaNews

Editor’s Notes: So now I will have to say; “If I had 10 cents for every time I had to restart Windoze!” Careful Bill – you may have to give more.

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Alan Straton

Chief Cook, Bottle Washer and Broom Mechanic at MyPE
Passionate about Port Elizabeth and definitely NOT packing for Perth. Alan's ethos is epitomised in the words of Nelson Mandela; "I have fought against white domination and I have fought against black domination. I have cherished the idea of a democratic and free society. If need be, it is an ideal for which I am prepared to die." See more articles by Alan.
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Filed Under: Business Tagged With: 5 cents, cents, five cents

Reader Interactions

Comments

  1. Lemon87 says

    24 November 2011 at 6:52 pm

    If the new 10c coin has a different weight, this could cause difficulty for banks (as with the R5-coins). That they are to be the same size won’t help either.

  2. Terence Higgs says

    2 February 2012 at 3:42 pm

    No one know where to get this new 10c coins i  like to buy some i looking for a proof 70 new 10c  coins can any one one out tell there to find thanks 

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