The crypto market may well bounce back. But the message is clear: this stuff is not ready for prime time.

Last week’s undoing of the TerraUSD algorithmic stablecoin and its sister token Luna has ramifications for all of crypto.

Vodacom Group on Monday declared a full-year dividend of R4.30/share after reporting a solid performance from South Africa, its biggest market.

The rand fell in early trade on Monday amid subdued risk-taking as investors sought safety due to fears about global growth and the impact of load shedding.

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Eskom will increase the level of load shedding for Monday and Tuesday because it lost more generation capacity over the weekend.

Eskom burned through more than 5.7 billion litres of diesel and kerosene in the past decade as it fought in vain to keep the lights on South Africa.

Elon Musk put his $44-billion deal for Twitter “temporarily on hold” on Friday while he awaits data on the proportion of its fake accounts, sending the shares in the social media platform plunging.

The move translates into additional pressure on makers of smartphones, cars and game consoles to lift the prices consumers pay.

South Africa will need to attract investment of R224-billion if it’s to develop a substantial green hydrogen industry, the head of government’s climate finance task team said.