We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

What a week. First, a wrap of the state of trading. As can be seen from the adjacent low-resolution screen-shoot, Bitcoin is holding well above R80,000 on this fine Friday morning. Okay, this was not unrelated to Malusi Gigaba announcing to the world that South Africa has the fiduciary status of a chronic gambler at an ATM at Carnival City at 5am on a Monday morning. Ratings agencies announced that they were feeling a little queasy and the rand tanked against the dollar and, because Bitcoin is dollar-priced, ZA holdings took on a healthy hue. PS: Government's PR agency released this picture of him pulling up his socks (a fiendishly clever visual pun) shortly before the speech. Incidentally, anyone know anything about that watch?  I'm guessing 5 Bitcoin.By the way, this image confirms that Gigaba was pulling his socks up exactly 29 minutes before the address, give or take an EFF heckling session. Which was leaving it late, in my opinion. More to the point, Bitcoin seems to be a rand ...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now