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South Africa has a mix of small hydroelectricity stations and pumped water storage schemes Solar power Most areas in South Africa average more than 2 500 hours of sunshine per year and average daily solar radiation levels range between 4 5 kWh/m2 and 6 5 kWh/ m2 in one day
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At the time the Rand price of gold was around R13 500 per ounce and the silver price was around R270 an ounce So the intrinsic value of this item was around R28 000 And yes there are manufacturing costs marketing costs and other costs involved but at the end of the day there is one huge margin in these medallions
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Africa s capital account liberalization the action lies with the episodes of gold price volatility being followed by episodes of volatility in the South African Rand real exchange rate 3 Interestingly South Africa has in the past decade also received an
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