Kaya Biz

South Africa: the nation with the most frugal shoppers

GUEST – Rodger George Consumer Industry Leader at Deloitte Africa Consumers globally are feeling the pinch, with high inflation weighing heavily on their purchasing power. South African consumers have not been spared this fate – with inflation hitting them particularly hard at the grocery store. Food inflation in South Africa…

14 Aug 2023 5PM 10 min

GUEST - Bongani Sithole - Founders Factory Africa CEO Founders Factory Africa has secured an additional $113 million in

GUEST – Kagiso Lebethe - Senior Employee Relations Specialist Office romances carry all the potential risks and rewards of typical relationships, with an added layer of complexity. Closely blending professional and personal lives can be a recipe for disaster. Especially following the COVID-19 pandemic, companies recognize that people crave social…

14 Aug 2023 5PM 17 min

Founders Factory Africa raises R2.1-billion to assist technology start-up founders across Africa.

GUEST - Bongani Sithole - Founders Factory Africa CEO Founders Factory Africa has secured an additional $113 million in funding to scale its model to better serve founders across the African tech ecosystem. The additional support from the Mastercard Foundation and Johnson & Johnson Impact Ventures, an impact fund within…

14 Aug 2023 5PM 13 min

1 in 5 SA millionaires have sought greener pastures over the past decade, with 1500 leaving in 2022 alone.

GUEST - Coreen van der Merwe, Director of Sovereign South Africa’s bleeding millionaires – and there doesn’t seem to be any stopping the trend. The numbers suggest one in every five millionaires has sought greener pastures over the past decade, with around 1500 high nett worth individuals (HNWIs) heading for…

14 Aug 2023 5PM 10 min

MTN Group achieved a solid performance despite challenging operating environment.

GUEST – Tsholofelo Molefe – MTN Group CFO MTN saw only a slight increase in service revenue in the first half of 2023 in South Africa compared to the same period last year, primarily due to intensified load-shedding. The telecoms operator’s interim results for its 2023 financial year showed that…

14 Aug 2023 5PM 10 min

Nedbank posts 10% rise in headline earnings despite increase in bad loans.

GUEST – Mfundo Nkuhlu - Nedbank chief operating officer Nedbank’s headline earnings increased by 10% in the first half of this year. However, this was partially offset by increases in the bank’s retail impairments. Nedbank released its interim financial results for the six months ended 30 June 2023 today, which…

8 Aug 2023 4PM 8 min

Treasury's bounce-back loan-guarantee scheme aimed at helping small businesses finance renewable energy comes into effec

GUEST - Vukile Davidson, National Treasury Chief Director Financial Markets and Stability The Bounce Bank Support Scheme for businesses signalled in the Minister of Finance’s February 2022 Budget Speech has come into effect. The purpose of the Bounce Back Support Scheme is to provide additional funding to qualifying businesses in…

8 Aug 2023 4PM 12 min

Elon Musk promises to cover legal fees for people fired over tweets - Is this practical?

Guest - Mudiwa Gavaza - business writer for the Business Day and Financial Mail Elon Musk has offered to fund the legal bills of any users of his social network, X, who’ve been discriminated against by their employer because of their actions on the platform. The proposal comes with “no…

7 Aug 2023 5PM 10 min

WEALTH CREATION: Why livestock is considered a good investment?

Guest - Ayanda Majola and Kagiso Tloubatla – Founders of SV Capital [A South African investment company] Are you ready to invest but not sure where to start? In recent years, financial markets have experienced increased volatility due to factors like geopolitical tensions, global economic uncertainties, and unexpected events like…

7 Aug 2023 5PM 15 min

Big Mac Index reveals that the Rand is 50% undervalued.

GUEST – Andre Cilliers - Director and Currency Risk Strategist at TreasuryOne The latest update to The Economist's Big Mac index shows that - theoretically - the rand should be trading at R8.94/dollar. The index compares the prices of McDonald's Big Mac hamburgers in different countries to determine whether currencies…

7 Aug 2023 5PM 8 min

EKASINOMICS: From full-time goldsmith and a rough evaluator to running starting a jewellery business

GUEST: ISABELLA KOBELA AND MEIKI NGCENGENI , FOUNDER OF ISABELLA JEWELLERS AND REFINERS With R2 000 and her burning ambition, Kobela took a leap of faith and started her own jewellery business. Today, Kobela is the designer of Isabella Jewellers and Refiners, and her daughter Meiki Ngcengeni takes care of…

2 Aug 2023 5PM 14 min

INSIDE YOUR BUSINESS: VOLUNTEERISM FOR ENTREPRENEURIAL, COMMUNITY GROWTH

GUEST – STEVE ZWANE, FOUNDER AND CHAIRPERSON OF THE YOUTH LEADERSHIP AND ENTREPRENEURSHIP DEVELOPMENT (YLED) We explore how volunteering can shape the minds and hearts of young people, nurturing their entrepreneurial spirit and paving the way for future success. Volunteering provides a platform for young entrepreneurs to gain hands-on experience,…

2 Aug 2023 5PM 20 min

OUR AFRICA: Niger Coup- Burkina Faso and Mali have warned that any military intervention a declaration of war

OUR AFRICA: Niger Coup- Burkina Faso and Mali have warned that any military intervention a declaration of war GUEST: THEMBISA FAKUDE IS A SENIOR RESEARCH FELLOW AT AFRAISD The military governments of Burkina Faso and Mali have warned that any military intervention against last week’s coup leaders in Niger would…

1 Aug 2023 4PM 18 min

IT'S MY HOUSE: DECLINE IN YOUTH BUYING HOMES, CARS OVER LAST DECADE IN SA

GUEST: HAYLEY IVINS-DOWNES, HEAD OF DIGITAL AT LIGHTSTONE PROPERTY Data from Lightstone shows that fewer South African youth are buying houses and cars compared to ten years ago. In 2012, those under 35 accounted for 39% of new car purchases and 45% of property purchases above R20,000, but by 2022,…

1 Aug 2023 4PM 12 min

TOP STORY: HOW CONSUMERS CAN DEAL WITH PETROL PRICE HIKE

GUEST: DR AZAR JAMMINE, DIRECTOR AND CHIEF ECONOMIST OF ECONOMETRIX Consumers who are already under pressure from high interest rates, food prices and energy costs will have to dig deeper into their pockets to fill up the tank, starting in August. This comes as oil prices rallied to a three-month…

1 Aug 2023 4PM 18 min

INTERVIEW –Want a Barbie? Barbie is now a sought-after collector’s item

GUEST - Tarina Vlok, MD of Elite Risk Acceptances The recently released Barbie movie has caused a global sensation. Now collectors are cashing in on the trend. Just this week Toys R Us announced a 30% surge in sales of the iconic Mattel doll, with the shop even catering to…

27 Jul 2023 4PM 11 min

PIVOT POINT – Buli Ndlovu - Executive Head of Retail and Business Banking Marketing at Nedbank

With over 16 years of experience in marketing and numerous awards, Buli Ndlovu, Executive Head of Retail and Business Banking Marketing at Nedbank, has earned a reputation as a strategic leader in the financial services industry. Ndlovu demonstrates the true essence of bravery believing that true courage is doing it…

27 Jul 2023 4PM 33 min

INSIDE YOUR POCKET – South Africans save for food and funeral cost - No sights set on capital investment or big-ticket i

GUEST – Andrew Fulton, Director at Eighty20 Savings are crucial during stressful periods for individuals and households alike. In the peak of Covid-19 times, when mobility was restricted, and only essential services and outlets were operational, many of us had to dip into our savings. Interestingly, with the proposed new…

27 Jul 2023 4PM 8 min

TOP STORY - CEOs from 115 companies pledge to help rebuild South Africa

GUEST – Busisiwe Mavuso - Chief Executive Officer of Business Leadership South Africa CEOs from over 115 leading corporations operating in South Africa and which collectively employ 1.2-million people and have a combined market value of R11-trillion, have formally pledged to help the country overcome the problems currently undermining inclusive…

27 Jul 2023 4PM 10 min

TECH & INNOVATION: Para Tube, innovative mechanism for wheelchair bound.

GUEST – Portia Mavhungu is the inventor of the Para-Tube Her invention, the Para-Tube, allows wheelchair users to use a bathroom without assistance Raised in Laudium, Pretoria, Portia Mavhungu is the inventor of the Para-Tube, a retrofitted seat that fits in any chair with a built-in toilet using disposable, biodegradable…

25 Jul 2023 5PM 9 min