Monthly Archives:January 2018

‘Modern day workers need to possess multiple skills’

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Labour experts at the annual World Economic Forum have warned that workers who are not willing to undergo continuous re-skilling risk being targets of job losses.

This has emerged during a panel discussion at the annual World Economic Forum in Davos, Switzwerland.

Director of London School of Economics Minouche Shafik says future jobs will require workers who possess more than one-skill.

Shafik says the number of displaced workers due to the adoptions of automations and technology is growing fast.

She says it’s workers who have embraced technology through further training that would survive.

Shafik says modern day workers should be prepared to learn multiple-times in their career.

But others say the education system needs to play catch up with this growing trend of workers reskilling themselves in various sectors.

CEO of eBay Devin Wenig says: “I do think the education system is woefully unprepared for the economy that’s coming or is already here. That doesn’t mean that the world needs two million software engineers, what it does mean is that even in creative industry, art, digital proficiency is increasing the difference between people who are succeeding and those left behind.”

The South African Reserve Bank governor Lesetja Kganyago who was in the audience also made a contribution to the discussion.

“We can’t protect jobs because the nature of jobs is changing but we can protect people, the talk of these jobs have been informalised. Has anyone bothered to ask them what they would like to do. Here we are as elites trying to tell the poor what jobs to accept and how to shape their lives,” says Kganyago.

As the forum enters its second day on Wednesday, some of the anticipated panel discussions will include a talk with Zimbabwean President Emmerson Mnangagwa.

Deputy President Ramaphosa will be a contributor in a breakfast session entitled “Building Peace in Africa.

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The post ‘Modern day workers need to possess multiple skills’ appeared first on SABC News – Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader..

Source: SABCNews

Chung powers past Sandgren into Open semis

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Unseeded Chung Hyeon became the first South Korean to reach a semi-final at a Grand Slam with a dominant straight sets win over American Tennys Sandgren at the Australian Open on Wednesday.

Ranked 58, he needed six match points before claiming a 6-4, 7-6 (7/5), 6-3 win in 2hr 28min and will face either defending champion Roger Federer or Tomas Berdych in Friday’s semi-final.

Chung is the first South Korean man or woman to reach the semi-finals at a Slam and the youngest at 21 since Russia’s Marat Safin reached the last four in Melbourne in 2010.

The rising Korean star joins Briton Kyle Edmund as the first unseeded men’s semi-finalists in Melbourne since Frenchman Jo-Wilfried Tsonga in 2008.

Chung, who sensationally knocked out six-time champion Novak Djokovic in the fourth round after taking out Germany’s world No.4 Alexander Zverev in the previous round, had a few nervy minutes before he sealed the victory.

In a tense 11-minute final game he claimed victory on his sixth match point after Sandgren threw everything at the South Korean in a bid to stay in the match.

“In the last game at 40-0 up I was thinking what I had to do at the ceremony, something like that, and after the break points I was like, nothing to do with ceremony, but just keep playing, stay focused,” Chung said on court in his limited English.

Asked who he wanted to face in the semi-final, Federer or Berdych, Chung replied diplomatically with a smile: “It’s 50-50.”

The defeat ended an extraordinary tournament for the 97th-ranked Sandgren, who had not won at a Grand Slam before winning four matches here, including upsets of former winner Stan Wawrinka and fifth seed Dominic Thiem.

Chung jumped out of the blocks with an early break before taking the opening set in 37 minutes, serving at a high 85 percent.

He was playing on the baseline, taking time away from the American and controlling the points.

Chung broke in the opening game of the second set with a delightful backhand across the net taking the line. But Sandgren began to get more into the contest and broke back in the fourth when Chung’s forehand was wide.

Sandgren broke again in the eighth and was serving for the second set before he was broken with a netted forehand.

Chung maintained his level in the tiebreaker, getting to set point before he forced a Sandgren forehand long.
Chung broke in the fourth game of the final set and but temporarily his victory charge was stalled before he got home on his sixth match point.

The post Chung powers past Sandgren into Open semis appeared first on SABC News – Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader..

Source: SABCNews

New interim rulers to be announced

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THE new temporary leadership of the ANC in the Free State may be announced today when the national executive committee (NEC) visits the province. This follows after the recently elected NEC said on the weekend that the ANC provincial executive committees (PEC) in the Free State had been suspended and interim structure aimed at uniting
Source: The New Age

Trump to be ‘best salesperson’ for US economy at Davos

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US President Donald Trump is aiming to be the “best salesperson” for American economic interests when he goes to Davos later this week, the White House said on Tuesday.

Trump is set to speak Friday at the World Economic Forum, an annual gathering of the global pro-trade elite at the Swiss ski resort, in a move that has raised eyebrows because of his protectionist “America First” policies.

“We’re going to the World Economic Forum to share President Trump’s economic story and to tell the world that America is open for business,” said Trump’s chief economic adviser Gary Cohn.

“We want the world to invest in America and to create jobs for hard working Americans,” he continued, adding that Trump’s economic agenda focused on aggressive deregulation and corporate tax cuts had “unleashed the US economy.”

The former real estate tycoon is “firmly committed to being the best salesperson the US has to drive economic growth and drive prosperity and drive a better quality of life for American citizens,” Cohn said.

He continued: “America First is not America alone. I said in my remarks, when we grow, the world grows. When the world grows, we grow.”

The Trump administration has repeatedly lashed out at allegedly unfair trade agreements and practices, slapping additional import duties on products from across the world, claiming they benefited from unfair state subsidies.

Soon after he took office, Trump announced the US was pulling out of the Trans-Pacific Partnership (TPP) signed in 2015 by a dozen nations that accounted for 40 percent of the global economy.

The remaining 11 countries announced Tuesday they would move forward with the deal without Washington.

He has also repeatedly threatened to pull out of the North American Free Trade Agreement (NAFTA), which is currently being renegotiated between its three participants Canada, Mexico and the US.

Cohn suggested, however, that the US was working on new bilateral agreements, without providing further details.

“The US is pulling back from nothing,” he said.

“When the president was in Asia he talked about trade agreements and his willingness to have bilateral trade agreements with many of the countries he visited in Asia. We are more than willing to have bilateral trade agreements.”


The post Trump to be ‘best salesperson’ for US economy at Davos appeared first on SABC News – Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader..

Source: SABCNews

Miss universe returns to SA since lifting crown

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Miss Universe 2017 Demi-Leigh Nel-Peters will be met by a high-profile delegation when she returns home to South Africa on Wednesday morning.

Arts and Culture Minister Nathi Mthethwa and Minister for Women in the Presidency Susan Shabangu will be at O.R.Tambo International Airport to greet her as well as her parents and Sun International representatives.

Demi-Leigh has been based in New York City since November after claiming the tiara in Las Vegas.

She’ll embark on charity work for the duration of her stay.

Demi-Leigh is scheduled to visit Cape Town, Johannesburg and her home town of Sedgefield near George in the Western Cape.

One of her stops will also include revisiting victims of the Knysna fire which engulfed the coastal town last June.

The post Miss universe returns to SA since lifting crown appeared first on SABC News – Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader..

Source: SABCNews

I’m a crossfire victim – Koko

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FORMER Eskom acting chief executive Matshela Koko claims to have been a “crossfire” victim in a war of attrition at the power utility in an affidavit he will submit today before Parliament’s inquiry into corporate governance at the state-owned enterprise. In his explosive submission, Koko outlines how corruption allegations against him have had a negative
Source: The New Age

Maestro used his craft to fight against social ills

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JAZZ legend Hugh Masikela not only used his music as a powerful antiapartheid tool and to keep the world entertained but also to fight against social issues including substance abuse. While many remember him for his timeless melodies, Bra Hugh as he was affectionately known, also used his music as a tool to heal those
Source: The New Age

Twin car bombs kill at least 22 in Benghazi

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The death toll following a double car bomb attack in the Libyan city of Benghazi on Tuesday night has risen to at least 22, a hospital spokesperson said.

A further 20 people were injured and the number of fatalities could rise, Fadia al-Barghathi, spokeswoman for the city’s al-Jala hospital, told AFP.

An explosives-rigged vehicle blew up in front of a mosque in the central neighbourhood of Al-Sleimani, a security source said.

A second car exploded 30 minutes later in the same area, causing more casualties among security services and civilians.

The mosque is known to be a base for Salafist groups which fought jihadists in the eastern port city alongside forces loyal to military strongman Khalifa Haftar.

Ahmad al-Fitouri, a security services official for Haftar’s forces, was among those killed in the bombing, military spokesperson Miloud al-Zwei said.

Libya has been rocked by chaos since a 2011 uprising that toppled and killed dictator Muammar Gaddafi, with two rival authorities and multiple militias vying for control of the oil-rich country.

Haftar in July announced the “total liberation” of Benghazi, three years after his forces launched a military operation to seize the city from jihadists who had made it a stronghold following the revolution.

But clashes and attacks in the city have continued, including against diplomatic facilities and security forces.

Haftar supports a parliament based in the far east of Libya, while a rival United Nations-backed unity government in the western capital Tripoli has struggled to assert its authority nationwide.

The post Twin car bombs kill at least 22 in Benghazi appeared first on SABC News – Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader..

Source: SABCNews

Sal pays tribute to his father

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IT IS with a heavy heart that I confirm that my father, Hugh Ramapolo Masekela, has hung up his horn after a long battle with prostate cancer. It is difficult to comprehend that this moment is real. To me, my father has always been both ageless and immortal. Of the countless shows I had the
Source: The New Age

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