Resignations in.....

OMG !!!

R/$ 2.48 8.16

R/€ 2.00 12.06

R/£ 2.21 15.16

R/CHF 1.71 7.56

R/¥ 2.26 0.07

This is going to be one very very long week, and at the worst time ever, tomorrow is a public holiday........

FK FK FK FK !
 
Well, its in my interest that the Rand weakends - so i'm probably the only one:D
 
Minister of Defence, Mosiuoa Lekota;
Minister in the Presidency Essop Pahad;
Minister of Intelligence Ronnie Kasrils;
Minister of Correctional Services Ngconde Balfour;
Minister of Public Enterprises Alec Erwin;
Minister of Science and Technology Mosibudi Mangena;
Minister of Public Works Thoko Didiza;
Minister of Provincial and Local Government Sydney Mufamadi;
and Minister of Public Service and Administration Geraldine Fraser-Moleketi.
 
The way I understand it is as follows...

If the pres resigns, cabinet can stay.
If pres refused and cabinet had to oust him, then entire cabinet has to go.

not 100% sure of that but thats what I seem to recall from the last time I looked at the Constitution.
 
anyone else keeping an eye on the currencies?

checking XE and the rand seems to be gaining slowly. touch wood
 
anyone see the JSE? stocks dropped by ave 3.7% in 19min
 
Pitbull. try XE.com. Ive got a monitor open and its going a bit nutty. updates once a minute and its acting like a sodding yoyo
 
I'm really stunned by the way the markets are taking this :confused:

Seems as if they where like "WTF (Great shock) [then], o nvm we have bigger things to worry about"

I'm sitting here holding this wooden desk like there is no tomorrow. I hope this can sail right through under the radar. If this happens we'll be ok :)
 
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