Les-Ego Setou

Youth, Education and Leadership. Sustainable Economic Development is everyone's business. Writer, Speaker and MC. I remind people of their Greatness

[eNCA @eNCA]

Even if the Strait of Hormuz reopens, oil does not just start flowing at pre-war levels. Number of the Day explains why the market may be relieved, but the supply chain still has to do the slow, messy work.

Watch the full Number of the Day here: https://t.co/bWklCj6NE9

[eNCA @eNCA]

Abahambe I - While poor Africans fight for survival in South Africa’s streets, the leaders whose failures drove them here arrive to red carpets, feasts and game drives. Watch the full episode here: https://t.co/c6vfbPQYy0

[eNCA @eNCA]

South Africa has not just failed to end poverty. It has learnt to manage it. Dr Pali Lehohla links the R350 grant, black purchasing power and corporate profits to a deeper question: who really benefits when poverty remains trapped in the system?

Watch the full episode here: https://t.co/Q9U0reMv08

#CheckPoint #PaliLehohla #NkepileMabuse #Poverty #R350Grant #CorporateProfits #SouthAfricanEconomy #eNCA

[ScienceFocus @ScienceFocusonX]

A man just figured out how to pull drinking water straight out of thin air — in the middle of the desert.

No wells. No pipes. No river for miles.

Just sunlight and the sky.

His name is Omar Yaghi, a chemist at UC Berkeley, and in 2025 he won the Nobel Prize in Chemistry.

His machine can harvest up to 1,000 liters of clean water a day — even in air where the humidity drops below 20%.

That's enough drinking water for roughly 500 people, every single day.

The secret is a material he helped pioneer: metal-organic frameworks. Picture microscopic sponges, packed with millions of tiny pores.

At night, as the air cools, the material quietly drinks in water vapor. By day, the sun heats it up, and the trapped moisture is released, condensed, and collected as pure drinking water.

No external power. No filtration plant. The whole thing runs on sunlight.

It's already been tested in one of the harshest places on the planet — Death Valley.

The full-scale version is about the size of a shipping container, built to drop into communities where water is scarce or where disaster has wiped out the supply.

He spent his career turning an idea almost nobody understood into water people can actually drink.

And now the sky itself might become a tap.

Source: The Guardian

[Reuters @Reuters]

Alphabet is looking to raise $80 billion in equity offerings, including an investment from Berkshire Hathaway, the Google parent said, in its aggressive push to fund a costly expansion of its AI infrastructure https://t.co/PErKVNuDgd

[Financial Times @FT]

Young people were promised that AI would make them more productive, creative and employable. Many now worry it might make them less valuable instead. https://t.co/DBzYUY5lGt

[Khaya Sithole @CoruscaKhaya]

Please spread the word 🙏

@ExxaroResources
@ExxaroAcademy

#Exxaro Leeuwpan Coal Opens Applications for 2026 Internship Programme Across Key Operational Departments - Global South Opportunities https://t.co/mQBKT8ICIx

[eNCA @eNCA]

There's been a breakthrough in the corruption scandal in Emfuleni. The Political Killings Task Team arrested Janitha van Reenen for allegedly defrauding the municipality of over R400,000. She may be the key to revealing who ordered the hit on whistleblower Martha Mani-Rantsofu. Tune in to #eNCA, channel #DStv403

[eNCA @eNCA]

The Special Investigating Unit (SIU) will be tabling its investigative report in relation to the Free State Provincial Government Bursary Scheme. The bursary scheme was flagged for corruption and fraud, and investigations started back in 2018. Details about who will carry the responsibility and how the money will be recouped by the SIU are expected to be heard today. @moeraneb14 reports. Tune in to #eNCA, channel #DStv403

[SA Reserve Bank @SAReserveBank]

🎓 [BURSARY OPPORTUNITY] Are you an aspiring economist starting your first year of undergraduate studies in 2027?

The South African Reserve Bank is offering bursaries to help you kickstart your academic career.

🗓️ Application close: 30 September 2026

For more information visit: https://t.co/KP4zBFaoC4

[Times LIVE @TimesLIVE]

Prof Adam Mahomed, the hos­pital’s highly respec­ted head of internal medi­cine, is throwing in the towel in the public health sector, saying the Charlotte Maxeke hos­pital remained totally dys­func­tional “because of the bulls**t of polit­ics".

Read more: https://t.co/xbYl4Ev1Gh

[Crypto Rover @cryptorover]

🚨 THE AI COST CRISIS HAS STARTED.

Microsoft reportedly told engineers to stop using Claude because AI bills were exploding, while Uber says its entire yearly AI budget was already destroyed by April.

[Crypto Jargon @Crypto_Jargon]

🚨BREAKING: THE AI BUBBLE HAS STARTED TO BURST

MICROSOFT JUST TOLD 100,000 ENGINEERS TO STOP USING CLAUDE BECAUSE THE BILLS EXPLODED.. UBER BURNED ITS ENTIRE ANNUAL AI BUDGET BY APRIL..

Microsoft invested $5 billion in Anthropic.. gave 100,000 engineers Claude Code access.. encouraged adoption.. watched usage explode.. then the invoices arrived.. and issued an internal order to cancel nearly all Claude Code licenses by end of June and force everyone onto their own cheaper tool..

the company that bet $5 billion on Anthropic just told its own engineers to stop using Anthropic's product because it costs too much..

Uber rolled out Claude Code in December 2025.. by March 84% of their 5,000 engineers were using it.. 70% of all committed code was coming from AI.. heavy users burning $500 to $2,000 per month each.. the CTO spent $1,200 in a single two-hour demo.. they built internal leaderboards gamifying AI consumption.. and blew the entire annual budget by April with eight months remaining..

then Nvidia's VP of applied deep learning said it out loud.. "for my team the cost of compute is far beyond the costs of the employees".. a VP at the company that sells the chips said using AI costs more than paying humans..

but here's the part that broke my brain..

Goldman Sachs forecasts a 24x increase in token consumption by 2030.. Gartner says even as per-token prices drop 90% total enterprise AI costs go UP because agents consume exponentially more tokens per task.. the more powerful and useful the AI becomes the more expensive it is to run at the scale that makes it transformative..

every CEO for two years said the same thing on every earnings call.. AI reduces headcount and cuts costs.. the stock went up every time.. workers got fired.. stock went up.. AI strategy announced.. stock went up..

$725 billion in AI infrastructure spending this year across Big Tech..

and the first companies to actually deploy these tools at real scale are already pulling back because the invoice arrived before the productivity gain was large enough to cover it..

the gap between what the earnings call said and what the invoices say..

is the most important number in markets right now..

and nobody on Wall Street has priced it in yet.

[Boerin @MM75401261]

Dr Groenewald is getting things DONE.‼️
SA spends more than R11 MILLION per day on 24 000 foreign inmates. Now agreements are being signed to send convicted criminals back to serve their sentences in their countries.
That could save taxpayers more than R4 BILLION a year.

[Vivek Sen @Vivek4real_]

BREAKING: MICROSOFT JUST ANNOUNCED TO BAN ITS OWN ENGINEERS FROM USING AI DUE TO THE COST OF USING IT.

VP OF NVIDIA SAID, “THE COST OF AI FOR MY TEAM WAS MORE THAN HUMANS”

“AI CAN COST MORE THAN HUMAN WORKERS NOW”

[Newzroom Afrika @Newzroom405]

Dr. Akwasi Opong-Fosu of the Ghana Investment Promotion Centre says the forced migration of foreign nationals into SA is perpetuated by leadership failures and governance dysfunction in other African countries. He adds that Africans in their countries must hold their governments accountable to deliver to avoid forced migration.

Watch: https://t.co/xMxYuPeRUL

[Times LIVE @TimesLIVE]

A senior doctor is leaving the public health sector after exposing dysfunction at Charlotte Maxeke Hospital and alleged political interference, saying he has reached breaking point.
Sunday Times journalist Gill Gifford unpacks the story.

[GoSETA @GoSETA_SA]

#GoSETA #Learnerships

[eNCA @eNCA]

Eliud Kipchoge is in Cape Town backing the city's bid to become Africa's first Abbott World Marathon Major. The marathon legend says the move could redefine long-distance running on the continent as he begins his World Marathon Tour across seven continents. Tune in to #eNCA, channel #DStv403.

[Casey Sprake @CaseySprake]

I’ve just unpacked one of the most underappreciated risks facing South Africa right now.

This isn’t just about taps running dry in parts of Johannesburg. It’s about a systemic failure in water infrastructure that is already filtering straight into GDP, jobs, municipal balance sheets, and investor confidence.

We’re talking nearly half of wastewater plants in critical condition, water losses approaching 50%, and Gauteng right at the centre of it all. The reality is: water is no longer just an environmental issue; it is a hard macroeconomic constraint on growth.

In this conversation, I break down how this translates into a real drag on the economy, why investors may be underpricing the risk, and whether we are approaching a tipping point similar to the one we saw during the energy crisis.

If you want to understand the real transmission mechanism between failing infrastructure and economic growth, this is the discussion you need to hear.

Listen to the full interview via the link:
https://t.co/1hx3KbemqM