In other news
Some good news in a bleak week is that South Africa came in second, behind Kenya, in a digital and financial inclusion report by the US think-tank Brookings.
According to the SA Fraud Prevention Service, identity theft is costing the country at least R1bn per year and has increased by more than 200% in the last six years.
With world equity markets being jittery, structured products can provide the investor with a viable alternative to straight long only exposure, an expert says.
The Federal Reserve has left the door open to an interest rate hike even while several central bank officials acknowledged that market turmoil could delay its policy tightening.
Europe's migration system is broken, says British Interior Minister Theresa May, blaming its borderless system for exacerbating a migrant crisis and demanding tighter rules.
Fears over the health of the Chinese economy kept world markets on edge last week and China will remain in focus, along with the question over a US interest rate increase.
Europe's main stock markets have closed mixed after a rollercoaster week driven by concerns over China's slowing growth.
China's richest man says government needs to give up any 'fantasy' of maintaining high economic growth rates, while Beijing grapples to contain a market meltdown.