Recent activity, and a new venture of income (EDIT)

Day 626, 07:52 • Published in South Africa South Africa • by Reserve Bank of South Africa

Greetings ladies and gentlemen,

This will be my first article pertaining to actual Reserve Bank dealings.

First things first,

You'll notice the ZAR has been doing some fluctuation is now currently sitting around 0.015G (or a value of 1 GOLD = 66.66 ZAR).

Soon I will begin measures to attempt to return it to our rate before the PTO, which will be 0.01G or 1 GOLD = 100 ZAR.

This will be done through various ways, most of all being simple networking. Asking large investors to help us maintain the ZAR at 100ZAR/G.

The biggest part of this article is announcing the RBSA's involvement in what are, essentially, public (because we aren't a private organization) management ventures. These ventures are 2 iron companies. One based in Spain and another based in Indonesia.

Our first iron company, Iron Nacional Q4 is based in Asturias, Spain and currently has 10 workers (2 inactive) and turns over a very nice profit (over 1G a day). As time elapses and providing Spain remains largely unchanged, we fully expect to see profits of over 2G and upwards of 3 or 4 G per day. This is largely due to the workforce I have employed that have agreed to work there for Q5 food wage, and possibly in the future, a few ESP more. Currently this mine holds no open slots (the 2 inactive workers already have replacements) although I would like to thank all those with interest in helping eSA gain income. Currently Iron Nacional is in negotiations to provide eSA friendly arms companies with iron until such a time that we would be able to sell on the eSA open market, or to eSA based arms companies. This event is not necessarily going to happen as soon as eSA's taxes are fixed.

Our second iron company, Siberian Iron Q3 is based in Western Siberia, Indonesia and currently has 10 workers (all active) and turns over around 1G a day profit. As time elapses we may look into using further optimization and employment schemes to bring those profits up to 2G per day. This iron mine may also look into selling on the eSA open market. This company was purchased recently for 115G, which couple with other investments will return itself within and estimated 26 days. This was a large purchase, and I didn't make it lightly. But considering that it was an already established company, was making a good profit, and has the potential to make more, made me feel it was a worthy investment.

These companies are owned by the Reserve Bank of South Africa, and not myself Gabriel Borien. All assets located within the org's that control the companies as well as the companies themselves are property of the RBSA.

The Reserve Bank of South Africa are making these ventures, in not only a way to possibly provide resources to South Africa but also to provide an alternative income to taxes, which will allow us to use our tax policies in a different manner and still provide funding for such programs as UNISA, eSAHC and even the army.

On an ending note: I will not announce when I plan to start moving the ZAR back to 0.01G.

Gabriel Borien
Director of Finance
Reserve Bank Chair

EDIT: We are currently looking for 3 medium skilled (3-5 skill) volunteers to move to Indonesia (any region of your choice, but we suggest a Q5 hospital region) and work for Siberian Iron Q3 for 8 IDR (enough to buy Q5 food and have some left over). Please Contact Archangel Corporate Bank for a job offer.