A Treasury fund could allow the Trump administration to pay Jan. 6 rioters. A Florida surgeon’s previous errors come to light after he accidentally removed a patient’s liver. And a new report is expected to show job growth in May. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content….
Employees report rising mental strain as AI transforms work into monitoring, directing and validating automated outputs. (Image source: 123RF) South African workers are reporting productivity gains from artificial intelligence (AI), but many are also experiencing increased mental strain as the technology reshapes how work is performed, according to new research from Boston Consulting Group (BCG)….
Kampala — The World Bank Group (WBG) Board of Executive Directors today endorsed a new Country Partnership Framework (CPF) for Uganda, a 10-year strategy (2026-2035) designed to accelerate a private sector-led economic transformation and expand opportunities for the country’s rapidly growing population. The CPF, developed in collaboration with the Government of Uganda and in consultation…
Accra — The Government of Ghana, with support from the World Bank Group and development partners, today launched its AgriConnect Compact, a national framework to strengthen food security, create jobs, reduce food imports, and mobilize investment across priority agricultural value chains. The Compact sets out a coordinated agenda for public and private action to raise…
Daniel Yu, co-founder of Wasoko, launched the Africa Jobs Fund, a philanthropic investment fund seeking to mobilise $100 million over the next 5 years to back companies creating jobs across Africa. The fund will focus on export manufacturing and international labour mobility. It says those 2 sectors can help African workers move from informal or…
OpenAI CEO SSam Altman. Kylie Cooper/Reuters OpenAI CEO Sam Altman said on Tuesday that the rapid development and adoption of AI would not lead to a global “jobs apocalypse” and the technology had not claimed as many white-collar jobs as he had feared. Speaking virtually at a Commonwealth Bank of Australia (CBA) conference in Sydney,…
South Africa’s G20 presidency last year revived an old and uncomfortable question: If Africa has been “rising” for more than two decades, why has so much of that promise failed to translate into factories, jobs, exports and broad-based prosperity? The answer, according to economists and investment thinkers, lies not in the absence of opportunity, but…
The president says growing trade and investment ties between Nigeria and France must now deliver concrete economic benefits, including jobs, industries, infrastructure and expanded private sector investment. President Bola Tinubu says the growing economic relationship between Nigeria and France must now translate into tangible development outcomes, as trade between both countries reached $4.7 billion in…
Old Mutual Investments warns SA must prepare for major AI-driven shifts in employment, infrastructure and economic policy. (Image source: 123RF) South Africa’s entry-level and junior jobs could come under severe pressure over the next decade, as artificial intelligence (AI) and robotics increasingly automate routine cognitive work, potentially shutting younger workers out of the labour market….
Nairobi — President William Ruto has called on Africa to position sports at the centre of its economic transformation. The President said the continent must invest in building African-owned sports industries that create wealth and jobs for its young population. Speaking at a high-level dialogue on the commercialisation of sports at the University of Nairobi…
