American oil and gas giants raked in massive spring profits while fighting between Iran and the U.S. impeded petroleum shipments and consumers around the world paid more for fuel and confronted shortages. The conflict, now in its sixth month, halted most shipping through the Strait of Hormuz, a narrow waterway that previously served as a…
BPESA CEO Reshni Singh. South Africa’s global business services (GBS) sector created 26 346 new jobs servicing international markets in 2025 – its highest annual total since 2018. In addition, just under 23 800 of those roles, or about 90%, were filled by young people, based on Business Process Enabling South Africa’s(BPESA’s) GBS sector report….
Choosing a path for the future has never been easy, but for young people today, such rapid technological change as artificial intelligence (AI) is making it increasingly difficult to predict which skills will remain relevant in the years ahead. Key takeaways Nearly 40 per cent of skills workers rely on now could change or become…
Oppo launched in South Africa in September 2020. Chinese smartphone maker Oppo is retrenching employees in South Africa amid a slowdown in global smartphone sales. The company confirmed the job cuts after a source told ITWeb that a total of 13 employees in different roles had been impacted. Oppo did not disclose the number of…
For the past two years, the public conversation around AI has been dominated by one question: will it replace jobs? It’s an understandable worry. Tools like ChatGPT and Claude can write, research, summarise, code and synthesise information at a speed that seemed impossible only a few years ago. It hasn’t helped that both Sam Altman…
South African edutech and youth development organisation, Ukiyo has officially launched the Global Student Support Platform (GSSP), a mobile application designed to centralise education, funding, career opportunities, and student support services into a single digital ecosystem. Nozuko Mzamo, founder of Ukiyo The platform, available for download via Google Play Store and the Apple App Store,…
Addis Ababa — Africa has no problem with ideas, but the struggle is in how to implement them, leaders said at an inaugural forum convened to promote action on development. Addressing the inaugural Africa Development Impact Forum (ADIF), Economic Commission for Africa (ECA) Executive Secretary Clever Gatete emphasised that Africa must move quickly from great…
Prediction platform says it will seek employment information for markets at ‘heightened’ risk of manipulation. Published On 10 Jun 202610 Jun 2026 Prediction market company Kalshi has announced a series of measures to prevent insider trading following allegations of market manipulation on the platform and rival sites, including a requirement that some users disclose their…
Junaid Munshi Eskom has appointed telecommunications executive Junaid Munshi as group executive of its distribution division, effective 1 June 2026. Munshi has 30 years of engineering, marketing and commercial leadership experience across South Africa and several other African markets. He was most recently chief commercial officer at Cable & Wireless Seychelles, where he oversaw commercial…
Pope Leo XIV holds his weekly general audience at St. Peter’s Square in Vatican City, June 11, 2025. Massimo Valicchia | Nurphoto | Getty Images Pope Leo warned over the weekend that a “social calamity” could come from mass unemployment due to the adoption of artificial intelligence technologies. Prediction market traders appear to think that…
