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The Golden Rhinoceros of Mapungubwe was discovered on a royal grave at the site of Mapungubwe Hill, and was on display at the British Museum as part of an exhibition celebrating the art of South Africa. [7] Mapungubwe also saw the first development of stonemasonry in what is now South Africa. [5] Glass beads and Chinese ceramics were imported. [8]
Although the Portuguese basked in the nautical achievement of successfully navigating the cape, they showed little interest in colonization.The area's fierce weather and rocky shoreline posed a threat to their ships, and many of their attempts to trade with the local Khoikhoi ended in conflict.
The recorded economic history of South Africa began with the VOC period. The Dutch East India Company (in the Dutch of the day: Vereenigde Oostindische Compagnie, or VOC) decided to establish a permanent settlement at the Cape in 1652.
War and Gold: A Five-Hundred-Year History of Empires, Adventures, and Debt (2014) online. Menger, Carl, "On the Origin of Money". Richards, R. D. Early history of banking in England. London: R. S. King (1929). Sehgal, Kabir (2015). Coined: The Rich Life of Money and How Its History Has Shaped Us. Grand Central Publishing. ISBN 978-1455578528..
The contraction of the money supply in the United States had been causing large amounts of gold bullion to flow west across the Atlantic Ocean, and south into the United States. The situation in South Africa was different, because gold exportation to London was a major business.
The Dutch ship Nieuwe Haerlem runs aground at the Cape of Good Hope. Under the leadership of Leendert Janszen, the stranded Dutch seamen stay at the Cape for a year. After their return to the Netherlands, Leendert Janszen and Matthijs Proot are commissioned by the Dutch East India Company (VOC) to write a report on their findings on the feasibility of the Cape as a refreshment station.
Bernert Willemsz Wijlant, the first European baby, was born at the Cape on 6 June 1652. [1] In 1654, Batavian convicts and political opponents were banished to the Cape bringing Islam to South Africa. Hout Bay, a sheltered cove just south of the Cape settlement is proposed as a settlement for Dutch families on 6 October 1654. [2]
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