WASHINGTON (AP) — The U.S. Agency for International Development is on the cusp of being shuttered, according to the Trump administration’s billionaire adviser and Tesla CEO Elon Musk — who has been wrestling for control of the agency in recent days.

Employees at the U.S. Agency for International Development (USAID) were informed on Monday that their headquarters in downtown Washington was shut for the day, hours after billionaire Elon Musk said President Donald Trump agreed that Washington's primary humanitarian agency should be closed.

Elon Musk called USAID a criminal organization that should “die.” Proponents say it’s a key arm of U.S. influence that, if destroyed, “cannot be easily rebuilt.”

South African President Cyril Ramaphosa said on Monday that he looked forward to engaging with U.S. President Donald Trump, after Trump said he would cut off funding for South Africa, citing land confiscations.

South Africa's rand, stocks and government bonds slumped on Monday after U.S. President Donald Trump said he would suspend aid to the country. Trump said, without citing evidence, that "South Africa is confiscating land" and "certain classes of people" were being treated "very badly" on Sunday,