The SA Mint made less money from making money last year, but still made lots of money
- Despite disruptions brought on by the pandemic, the SA Mint managed to produce the Reserve Bank’s full order of 811 million coins in its 2020/21 financial year.
- Although its earnings dropped to R133 million, it was against a budget of R97 million.
- During the period, the coin maker de-prioritised its key business, bullion coin manufacturing, which it sells to both the domestic and international markets.
- It was further hit by weak demand locally, a key driver of…