British Museum blog

Navigating currency on the corner


Maxim Bolt, researcher, British Museum

What does researching money – on the ground – actually involve? Recently, in my ongoing fieldwork in Malawi, it has involved a lot of time in The Corner Salon (this is a pseudonym, in the sense that I made it up, as it is ethical research practice to keep subjects studied anonymous), a small, wooden structure painted in the bright colours of a mobile phone operator. This may be a little surprising. But, unlike practitioners of many other social sciences – with their broad coverage and formal methods like survey questionnaires – anthropologists attempt to get in deeper. This means getting to know, personally, the people whose lives we are learning about.

For the Money in Africa project, it means coming to understand the monetary priorities and concerns of Malawian businesspeople themselves. It means appreciating how The Corner’s owners – sisters Yami and Flora (also pseudonyms) – navigate their salon through Malawi’s current foreign exchange shortage.

The city of Blantyre, Malawi

The city of Blantyre, Malawi

The Corner is in a high-density residential area of Blantyre, Malawi’s economic hub, and the salon is facing hard times. The economy has been badly hit by recent foreign exchange shortages – the result partly of donor funding cuts – and people are more careful about spending their money. But for Yami and Flora, the difficulties run much deeper. The sisters used to buy their hair extensions, straightener, and conditioner in South Africa, but it has become much harder to acquire South African Rand. They have turned to buying from Dar es Salaam, in Tanzania, because it is easier to buy Tanzanian shillings.

But even this is no simple matter. Yami currently relies on her husband’s import-export business for transport. He cannot make another trip until he has sold his current stock, yet another challenge in Malawi’s climate of uncertainty. Yami worries that she will not have stock in time for her Christmas clientele. Flora, meanwhile, is considering returning to South Africa, to return to her earlier employment there as a domestic worker. At least that way, she reasons, she can remit her earnings in the form of hair products, keeping the salon in stock. This is, of course, a great way to sidestep the foreign exchange problem. But Yami is worried. The departure will break up the salon’s team, leaving her alone with the business, as well as her own and Flora’s children.

This is a story about two sisters’ business, and their attempts to import hair products. But, through it, we can begin to understand what monetary problems look like in reality, today, as small businesspeople navigate the region’s different currencies. Such a perspective is key to the British Museum’s Money in Africa project, which investigates money in action, beyond the glass cases of the Museum. The results of this research will be drawn together in a broad-ranging, comparative, collaborative and multidisciplinary study.

If you would like to leave a comment click on the title

Filed under: Money in Africa, Research, , ,

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 16,387 other followers

Categories

Follow @britishmuseum on Twitter

British Museum on Instagram

We’re sharing our favourite photos taken by visitors – use #myBritishMuseum if you’d like to feature! Here’s a brilliant shot by @j.ziolkowski that really captures the cool tones of the Great Court. We love the collision of lines in this photo – the hard edges of the original 1823 building set against the curvature of the later Reading Room and tessellation of the glass roof. 
Get snapping if you’d like to feature in our next #regram. 
#BritishMuseum #architecture #perspective #GreatCourt This Degas print is an example of the subject matter and technique the artist moved towards in the early 1890s. During this time, Degas produced sketchy prints showing female figures post-bathing. In this print we can see that the ink has been reworked during the printing process – the hair and shoulders show evidence of additional brushstrokes. The backgrounds of these works are much more sketchy and blurred than works he produced earlier in his career, perhaps showing his increased interest in figures.
#Degas #print #portrait The intense gaze of this young woman was originally intended to appear in the background of a horse racing scene by Degas, but the painting was never completed. This type of challenging composition is typical of the French artist’s work – he liked to crop the viewpoints of his paintings and sketches to create a different atmosphere. The coolly returned stare reverses the traditional relationship between viewer and subject, and emphasises Degas’ progressive approach to painting.
#Degas #painting #sketch #Paris French artist Edgar Degas died #onthisday in 1917. Today we’ll feature works that showcase his radical approach to framing subjects, and his subtle handling of form and tone. This vivid oil sketch from 1876–1877 depicts a repeated motif in Degas’ work – the Parisian ballet. He captured both performances and behind-the-scenes moments in his paintings and sketches, often using vantage points that give a fly-on-the-wall impression to his work. Degas worked rapidly but precisely – mirroring the movements of the dancers he portrayed – and this work is completed in thinned-down oil paint so that his quick brushstrokes could dry quickly.
#Degas #sketch #oilpainting #Paris #ballet Our #SunkenCities exhibition is the first at the British Museum on underwater archaeology. Over the last 20 years, world-renowned archaeologist Franck Goddio and his team have excavated spectacular underwater discoveries using the latest technologies. 
At the mouth of the Nile, the city of Thonis-Heracleion flourished as the main entry point into Egypt. Underwater excavations have found a large harbour, numerous ships and anchors, proving this was an international port. This magnificent monument was crucial to revealing that Thonis (in Egyptian) and Heracleion (in Greek) were in fact the same city. The decree was issued by the pharaoh Nectanebo I, regarding the taxation of goods passing through Thonis and Naukratis. A copy was found in the main Egyptian temple in each port. The inscription states that this slab stood at the mouth of the ‘Sea of the Greeks’ (the Mediterranean) in Thonis. 
Learn more about the connections between the ancient civilisations of Egypt and Greece in our #SunkenCities exhibition - until 30 November. Follow the link in our bio to find out more about it. 
Stela commissioned by Nectanebo I (r. 378–362 BC), Thonis-Heracleion, Egypt, 380 BC. On loan from National Museum, Alexandria. Photo: Christoph Gerigk. © Franck Goddio/Hilti Foundation. For centuries nobody suspected that Thonis-Heracleion and Canopus lay beneath the sea. Recorded in ancient writings and Greek mythology, the cities were believed to be lost. After sightings from a plane, a diving survey was organised in 1933 to explore submerged ruins. But it was only from 1996, with the use of innovative techniques and a huge survey covering 42 square miles of the seabed, that underwater archaeologists rediscovered the lost cities. 
Thonis-Heracleion and Canopus were thriving cities long before the foundation of the great port of Alexandria in 331 BC. Finds suggest that they were still inhabited into the AD 700s. The cities’ disappearance was caused by gradual subsidence into the sea – much like Venice today – coupled with earthquakes and tidal waves. This triggered a phenomenon known as land ‘liquefaction’, when the ground turns into liquid. 
This reconstruction shows what the port of Thonis-Heracleion could have looked like, dominated by the Temple of Amun-Gereb. Follow the link in our bio to book your tickets to our #SunkenCities exhibition. © Yann Bernard. © Franck Goddio/Hilti Foundation.
%d bloggers like this: