Bitcoin hits new all-time high as US congress starts ‘crypto week’

--:--

GUEST – Christo de Wit, country manager for South Africa at Luno.

Bitcoin recorded a new all-time high of R2,203,968 (USD122,800) on Luno this morning, marking another milestone in the cryptocurrency's remarkable bull run.

The latest surge is driven by several key factors creating strong demand for Bitcoin, including increased institutional buying, positive regulatory developments and technical market forces.

15 Jul 4PM English South Africa Business News · Investing

Other recent episodes

Small Business Funding Readiness Crisis: Only 36.8% of Businesses Were Found To Have Formal Financial Statements

Guest – Darlene Menzies CEO of Finfind According to the SA MSME Access to Finance Report 2025, the number of black-owned, women-owned and youth-led businesses have increased since 2018, and are now driving a much larger share of MSME (Micro, Small and Medium Enterprises) funding applications. Black-owned MSMEs accounted for…

31 Jul 1PM 12 min

Pivot Point - In Conversation With Ramasela Ganda, Group Chief Executive of Zeda Limited

In this conversation, we get into the mind of Ramasela Ganda, a chartered accountant and seasoned executive with over 25 years of experience across major institutions like Vodacom, Telkom, and Barloworld. Now at the helm of Zeda Limited, she unpacks her leadership journey, thoughts on the resilience of South African…

31 Jul 1PM 35 min

Inside Your Pocket - How Much Do You Spend On Take Aways Per Month?

Guest - Doret Jooste - Head of Money Management and Advisory at Standard Bank. Standard Bank has warned that South Africans are overspending on takeaways and fast food, with many burning through cash and having no emergency savings. The rise of digital technology has made food delivery far easier, with…

31 Jul 12PM 15 min

US Tariffs And Cheap Foreign Sugar A Threat To Local Sector

Guest – Dr Thomas Funke, CEO of SA Canegrowers. South Africa’s sugar industry is facing a perfect storm. As locally grown sugar is facing punitive tariffs in the US, cheap foreign sugar is flooding into South Africa. This is bad news for both local growers and local consumers: imported sugar…

31 Jul 12PM 9 min

SARB Cuts Repo By 25 Basis Points To 7%.

Guest - Tshiamo Masike – Economist at Momentum Investments The Reserve Bank’s monetary policy committee (MPC) cut the repo rate by 25 basis points to 7% on Thursday, meeting market expectations. The decision was unanimous. The figure of 7% is the lowest since November 2022.

31 Jul 12PM 12 min

All episodes