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Ciaran Ryan talks to Nompu Siziba on SAFM on the massive spike in demand for Krugerrands during the Covid lockdown as investors seek refuge against uncertainty. But the story of this surging demand goes back much further, to the ill-fated appointment of Des van Rooyen as finance minister in 2015 – an appointment that lasted little more than a weekend, and drove the rand into the sewer. Van Rooyen was obviously a tame political appointment brought in to replace a less pliable Nhlanhla Nene. This did wonders for Krugerrand demand.