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JOBURG MARKET STRENGTHENS CASH SECURITY WITH RESERVE BANK TRAINING

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 Sithobekile Masola

​​In a proactive step to enhance financial security and operational integrity, Joburg Market has partnered with the South African Reserve Bank (SARB) to train its cashiers in advanced cash handling and currency authentication.


The training, held at SARB’s Currency Management Division in Pretoria, equipped frontline staff with essential skills to identify genuine banknotes, detect counterfeits, and recognise dye-stained notes — often linked to ATM bombings and cash-in-transit heists. Such stained notes are not considered legal tender and must be reported immediately.

The sessions focused on the latest features of South African banknotes, key security elements, and practical techniques for spotting forged currency. Participants were empowered with knowledge to confidently handle cash and respond to suspicious transactions.

This initiative forms part of Joburg Market’s broader commitment to governance, staff development, and operational excellence. By prioritising training, the market is creating a culture of continuous learning, while reinforcing trust and compliance in financial processes.

Cashiers who completed the training have reported a marked increase in confidence and vigilance when handling money — an improvement that boosts both workplace morale and operational efficiency. “Learning never exhausts the mind” said Faith Cooper from the cashiering department.

As one of the largest fresh produce markets in the southern hemisphere, Joburg Market continues to lead by example, investing in both its people and systems to meet the demands of a high-volume trading environment.

“By empowering our cashiers with the skills to detect counterfeit and compromised currency, we are protecting both our operations and our customers” said Jones Longwe, cashiering manager.

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