The South African rand fell in early trade on Monday amid subdued risk-taking as investors sought safety due to fears about global growth, while power cuts on the domestic front clouded the economic growth outlook.

Elon Musk tweeted that his US$44 billion (R708 billion) takeover of Twitter is "temporarily on hold" until the billionaire receives more information about the proportion of fake accounts, sending the social media giant into a tailspin. 

AB InBev CEO Michel Doukeris has assured beer lovers that they will be protected from inflation led price increases, thanks to the to the group’s risk policy.

A massive sell-off in cryptocurrencies wiped over $200 billion (around R3.2-trillion) of wealth from the market in just 24 hours, according to estimates from price-tracking website CoinMarketCap.

Increasing commodity and freight prices are driving up the costs of solar PV and wind turbines, but these renewable energy generators are still more cost-competitive than fossil fuels like coal and gas, according to the International Energy Agency (IEA).

Retailer Mr Price has confirmed that YuppieChef founders Andrew Smith and Shane Dryden have resigned from their management roles at the kitchenware company. 

South Africa's auditing regulator is "concerned" about the country's application of international accounting standards. A government entity that was supposed to oversee that SA adheres correctly to these reporting standards seems to have ceased to exist, leaving the door wide open for "self-regulation" by the country's private sector.

Prices are surging in some corners of the rough-diamond market, as sanctions on one of the world’s two giant miners ripple through the supply chain. In the past, the industry could turn to behemoth De Beers to crank out extra gems when supply ran tight — but not this time.

Next month’s debut initial public offering (IPO) on Angola’s BODIVA stock exchange is expected to unlock a wave of new listings, its chief executive said, as the Southern African oil producer forges ahead with a far-reaching privatisation drive.

African airlines are clubbing together to negotiate better prices and a steady flow of jet fuel, a move to help stave off a potential crisis caused by supply issues and soaring costs. 

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