Africa

Tanzania moves cash note-coin boundary

Following complaints about the state of their lowest denomination note, the 500 Shilling, the Bank of Tanzania have announced plans to move the note-coin boundary by converting this note into a coin. The green 500 shilling note is remaining in circulation for much longer than originally expected and with it not returning for fitness sorting, the notes are becoming damaged and soiled. The latest series…

SMI comments on NOtES

One of SMI’s Directors, Martin Arkwright, has featured on Financial Post Entrepreneur commenting on the new NOtES technology which was presented in a keynote speech at an industry conference in San Fransisco. NOtES – Nano-Optic Technology for Enhanced Security – uses nano-optic technology such as that found on butterflies, scaled up to could create a next-generation, high-definition hologram. Martin…