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
2160 – 2180

There may not be enough jobs but there is plenty of work!

GUEST – Lubabalo Dyantyi is the founding partner of Deviare Pty Ltd Digital skills pipeline is answer to youth unemployment and South African tech firms are calling upon government and the private sector to invest more in digital skills development initiatives, to help combat the youth unemployment crisis. The youth…
13 Jun 2023 5PM 19 min

COMPANY RESULTS - Telkom suffers R10bn loss amid impairments

GUEST – Serame Taukobong – Telkom CEO SA's third-biggest mobile operator Telkom warned it wouldn't pay dividends for a fourth year, believing it prudent to first strengthen its balance sheet after suffering an annual loss of about two-thirds of its market value. Telkom, valued at about R15.7 billion on the…
13 Jun 2023 5PM 10 min

ITS MY HOUSE: OSTI predicts a rise in insurance claims due to the Earthquake

GUEST – Valerie Mngadi – Assistant Ombudsman for Short term insurance The Ombudsman for short-term insurance (OSTI) predicts that Insurance companies will be inundated with claims throughout this week from people whose businesses, houses, and household contents were damaged during the earthquake that hit many parts of South Africa on…
13 Jun 2023 5PM 8 min

Adidas at loggerheads with SARS over R1.9BN the tax authority claims it's owed.

GUEST – Thulaganyo Selokela - Senior Associate, Tax and Exchange Control lawyer at CMS South Africa German sportswear giant Adidas is at loggerheads with the South African Revenue Service (SARS) over R1.9 billion the tax authority claims it's owed. Business Day reported on the dispute on Monday, saying it had…
13 Jun 2023 5PM 13 min

COMPANY RESULTS: Multichoice reports a loss of R2.92 billion for the year.

GUEST - Calvo Mawela - MultiChoice Group CEO DStv operator MultiChoice has reported a R2.9 billion after-tax loss for its financial year ended on 31 March 2023. This is down from a R2.8 billion profit last year. Although the weak rand weighed heavily on the company, it also blamed load-shedding…
13 Jun 2023 5PM 10 min

Inside the township market [2023 Township CX Report]

GUEST – Mongezi Mtati, senior brand strategist at Rogerwilco Key insights : · Township consumers are increasingly prioritising value over brand loyalty, with 59.3% stating price as primary consideration when choosing a product · A strong sense of loyalty exists towards local shops and brands, evidenced by 23% of respondents…
12 Jun 2023 5PM 15 min

Farmers to oppose proposed transformation-based water licensing regulations

Janse Rabie - Legal and Policy Executive, Agri SA The proposed changes to water use licensing will not affect existing water use licences and are aimed only at new applications, says the Department of Water and Sanitation. AgriSA, a body representing most of the country's commercial farmers, has insisted the…
12 Jun 2023 5PM 7 min

Telkom’s shares surge as it confirms former CEO consortium bid

Dobek Pater, telecoms analyst at Africa Analysis Former Telkom CEO Sipho Maseko told investors in 2020 that Telkom was worth R53 billion, equating to a share price of R108. However, he now wants to buy the company at R46 per share. Last month, Bloomberg reported that Maseko’s Afrifund had the…
12 Jun 2023 5PM 9 min

OPINION: The Unspoken Truths of Racism in the South African Workplace

GUEST – Julia Makhubela is the CEO of 54TwentyFour, a diversity, inclusion and equity firm Makhubela Last year, a World Bank report concluded that South Africa is the “most unequal country in the world,” ranking us first out of 164 nations. In my experience, I have to agree. I worked…
8 Jun 2023 5PM 20 min

Do's and Don'ts for Establishing or Rebuilding Credit

GUEST – Kgomotso Chidzalo - Registered financial practitioner Credit can be a powerful tool in achieving important financial goals. It allows you to make large purchases (such as a home or a dental practice) that you otherwise would not be able to afford if you were paying in cash. However,…
8 Jun 2023 5PM 16 min

Treasury backtracks on giving Eskom exemption from reporting wasteful expenditure

Eskom will not be granted a partial exemption from disclosing fruitless and wasteful expenditure and material losses from criminal conduct in its annual financial statements, National Treasury has said. In a statement issued on Wednesday, it said finance minister Enoch Godongwana has determined that Eskom not be granted a partial…
8 Jun 2023 5PM 15 min

SARB data shows the current account deficit narrowed to R66.2bn in Q1.

GUEST – Nthabiseng Molemoeng – Head of Balance of Payments Unit at SARB South Africa’s current-account shortfall narrowed more than expected in the first quarter as the value of gold and merchandise exports increased. The deficit in the current account, the broadest measure of trade in goods and services, shrank…
8 Jun 2023 5PM 6 min

EKASINOMICS: Yethu Indaba Emergency Services

GUEST – Nkosingiphile Mthimunye and Nomcebo Mahasha – Co-founders of Yethu Indaba Emergency Services Joining us on Ekasinomics tonight are the founders of Yethu Indaba Emergency Services. They provide emergency medical services in and around Joburg townships.
7 Jun 2023 5PM 13 min

Smart Parking platform Parket turns empty bays into New Revenue Streams

GUEST – Joshua Raphael, founder and CEO at Parket Parket is a South African born-and-bred technology platform that connects supply and the ever-increasing but fluid – and often temporary – demand for parking bays. In addition to the extra revenue streams, while smart cities are still largely concepts in South…
7 Jun 2023 5PM 7 min

Increased credit stress crippling even the wealthiest

GUEST - Andrew Fulton, Director at Eighty20. Economic conditions leaves both struggling and wealthy South Africans spiralling into debt As South Africans began 2023 experiencing a quarter of every day without electricity, coupled with rising interest rates and a weakening currency, it seems the significant pressure consumers were feeling at…
7 Jun 2023 5PM 14 min

Sanlam report reveals bleak future for South Africans

GUEST – Nzwa Shoniwa, Managing Executive: Sanlam Corporate Umbrella Solutions Key findings from the report include: · 63% of South Africans are anxious about their finances; · 87% are financially stressed, and for 58% this is impacting physical and/or mental well-being; · One in five employed South Africans do not…
7 Jun 2023 5PM 14 min

IMF concerned about SA’s state of economy

GUEST – Max Alier, IMF Resident Representative in South Africa The International Monetary Fund (IMF) has concluded its Article IV assessment on South Africa, warning that the country faces near-zero economic growth in 2023, and conditions are likely to deteriorate further without much-needed reforms. The IMF noted in its assessment…
7 Jun 2023 5PM 8 min
2160 – 2180