Kaya 959 Kaya Biz

Kaya Biz

At the helm of Gauteng’s biggest business radio show, Kaya Biz, is Gugulethu who will be leading the conversation on what is next for the Afropolitan business landscape. The show presents local and international business news, entrepreneurship, corporate and investment banking. Since its inception in May 2006 Kaya Biz has grown from a half-an-hour daily finance update to an hour show bringing compelling business news and market reviews to listeners.
Daily English South Africa Business News · Investing
5,365 Episodes
1780 – 1800

Crime costs SA’s economy R700bn a year, says World Bank report

GUEST – Benedicte Baduel - World Bank Senior Economist The World Bank's latest economic update has shed light on the profound impact that organized crime has on South Africa's economy. Crime is costing the nation a staggering R700 billion each year, which is hampering economic growth and affecting the well-being…
27 Nov 2023 3PM 11 min

Lucky Star owner, Oceana posts 28.9% jump in headline earnings.

GUEST - Zaf Mahomed – Oceana CFO Food processor Oceana reported an increase in earnings for the 2023 financial year as its Lucky Star tinned fish product achieved record sales. Oceana released its results for the year ended 30 September 2023 today, which revealed a strong performance for the company…
27 Nov 2023 3PM 7 min

Follow Up: Volkswagen not leaving SA

GUEST - Andile Dlamini - Head: Group Communications at Volkswagen Group South Africa Volkswagen South Africa confirms that they won't be leaving South Africa despite ongoing energy and logistical challenges. ”We are not cutting jobs yet - but we are sending a warning shot to government. Something needs to be…
27 Nov 2023 3PM 9 min

FOLLOW UP: The logic behind the Trevor Noah tourism advert

GUEST – Tshifhiwa Tshivhengwa – CEO of Tourism Business Council of South Africa (TBCSA) In a ground-breaking initiative to help the country get closer to the goal of attracting 21 million visitors to South Africa, the Tourism Business Council of South Africa (TBCSA) has partnered with world-renowned comedian, Trevor Noah,…
23 Nov 2023 3PM 17 min

What do the wealthy spend their money on over Black Friday

GUEST – Ashley Saffy, Business Development Head, FNB Credit Card South Africans are expected to spend more on Black Friday 2023 than they did in 2022 – but a muted economy is still keeping projections lower than the record R42 billion spent in 2021. However have you ever wondered where…
23 Nov 2023 3PM 12 min

Jason Quinn to take over as new Nedbank CEO.

GUEST - Daniel Mninele - NEDBANK Chairman Nedbank has announced the appointment of Jason Quinn as CE-designate of Nedbank Group and Nedbank Limited, subject to regulatory approval. After completing his notice period with his current employer, Quinn will assume the role of CE following Mike Brown’s planned retirement from the…
23 Nov 2023 3PM 11 min

Mr Price records group growth in revenue of 26.4% to R16.8bn

GUEST - The Finance Ghost – Retail Analyst Mr Price’s performance deteriorated in the first half of the 2024 financial year, as the retailer’s earnings dropped by around 10%. Mr Price released its results for the 26 weeks ended 30 September 2023 today, which revealed poor results for the company.
23 Nov 2023 3PM 8 min

SARB keeps repo rate at 8.25%,

GUEST – Arthur Kamp, Chief Economist at Sanlam Investments SARB Governor Lesetja Kganyago announced that the repo rate will remain the same on Thursday. This means the repo rate is 8.25%, while the prime lending rate stays at 11.75% in South Africa. This decision follows the trend from the MPC’s…
23 Nov 2023 3PM 8 min

Navigating the Shrinking JSE: Implications for Retirement Funds

GUEST – Johan Gouws, Head of Advice at Sasfin Asset Consulting In the wake of recent global and local market fluctuations, Mr. Gouws provides valuable insights into the challenges faced by retirement funds in South Africa due to the shrinking JSE and its implications on long-term investment portfolios. This interview…
22 Nov 2023 3PM 15 min

EKASINOMICS - Hear Tronix SA

GUEST – Clementine Phale is a speech therapist and audiologist. She is also the founder of Hear Tronix SA HearTronix SA (Pty) Ltd is a 100 % Black female-owned hearing aid distribution company established in 2016. HearTronix is a reputable South African hearing aid distribution company, dedicated to providing cutting-edge…
22 Nov 2023 3PM 20 min

CONCERNS RAISED ABOUT TWO-POT IMPLEMENTATION DATE

GUEST - Natasha Huggett-Henchie, a principal consultant at NMG Benefits The Standing Committee on Finance’s rejection of National Treasury’s recommendation that the Two-Pot retirement system be delayed has left the asset management industry anxious. The committee said that the Two-Pot system will be implemented on the original date of 1…
22 Nov 2023 3PM 5 min

To die so that another can live – why insurers need to rethink the red tape

GUEST – Berniece Hieckmann, Executive: Strategy, Business Transformation & Business Optimisation at Metropolitan The article discusses: Why funeral cover is seen as a wealth creator within a South African context, and prioritised over life cover The legal definitions of 'insurable interest' and 'unjust enrichment' - and the grey area surrounding…
21 Nov 2023 3PM 14 min

Rand Manipulation unpacked

GUEST – Andre Cilliers - Director and Currency Risk Strategist at TreasuryOne British multi-national bank Standard Chartered has admitted to its role in manipulating the dollar-rand exchange rate and has agreed to pay an administrative penalty of R42.7 million, ending roughly eight years of litigation with South Africa's competition authorities…
21 Nov 2023 3PM 15 min

African Bank now serving 4 million customers

GUEST - Zweli Manyathi - African Bank's executive for business banking African Bank group reported a net profit after tax of R505 million. African Bank's executive for business banking, Zweli Manyathi joins us to unpack their latest results.
21 Nov 2023 3PM 9 min

Standard Bank Kasi SME summit

GUEST – Godiragetse (Godi) Mogajane, Founder of Delivery Ka Speed The Standard Bank Kasi SME Summit 2023 is for small and medium businesses who make up the vibrant township economy. Whether you are a startup, an aspiring entrepreneur or on your way to corporate greatness, you need to be armed…
20 Nov 2023 3PM 11 min

Barloworld posts a 14.3% increase in full-year revenue

GUEST - Dominic Sewela - Barloworld CEO Key financial highlights: - Revenue from continuing operations of R45.0 billion, up 14.3% - Group operating profit from core trading activities improved 18.6% to R4.3 billion - Group operating profit margin of 9.6% (FY22: 9.3%) - Group EBITDA margin of 12.2%, in line…
20 Nov 2023 3PM 8 min
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