Kaya Biz

African Bank posts R44m interim loss but anticipates ‘returning to profitability’ for full year

GUEST – Zweli Manyathi - Group Executive Bussiness Banking - African Bank African Bank Group’s interim financial results for the six months ended 31 March 2023 demonstrate noteworthy progress in the Group's ongoing strategic aspiration for diversification, growth and scale. Operating income has increased by almost 50% and its expanded…

7 Jun 2023 5PM 9 min

Business Confidence Index declines for a 5th consecutive quarter.

GUEST – Isaah Mhlanga - RMB chief economist The RMB/BER Business Confidence Index declined for a fifth consecutive quarter in the second quarter of 2023, down nine points from the first quarter to 27 points – the lowest level of confidence since 2020. This suggests that only roughly a quarter…

7 Jun 2023 5PM 8 min

TECH & INNOVATION: How you can use your Stokvel to save for alternative energy solutions

GUEST – Sifiso Nkosi, FNB Stokvels and Group Savings Head The reality of loadshedding is challenging consumers to start looking at alternative power to keep their lights on. While the upfront costs of alternative energy solutions can be daunting, the risk of losing productivity makes them a more viable option…

6 Jun 2023 5PM 6 min

State of outdoor media in South Africa: What the future holds

GUEST – Siphosihle Mbuli – Operations Officer of Black Billboard Owners Alliance (BBOA) Out-of-home media has experienced a thrilling revival over the past year or so, coinciding with the loosening of Covid-19’s grip on the world. From a development and infrastructure perspective, this provides an exciting opportunity for South Africa…

6 Jun 2023 5PM 21 min

ITS MY HOUSE: When you bought a property, but the previous owner and tenants refuse to move, what do you do?

GUEST - Matseleng Mogodi - Senior Property Practitioner Ever wondered what would happen if you bought a bank repossessed house, but the previous owners refused to move out. Matseleng Mogodi joins us to shares advice on what needs to be considered when taking the eviction route.

6 Jun 2023 4PM 20 min

Farming in South Africa is being hobbled by power cuts and poor roads. Rural towns are being hit hardest

GUEST – Wandile Sihlobo is the Chief Economist of the Agricultural Business Chamber of South Africa (Agbiz) South Africa’s agriculture has had great consecutive seasons since 2019/20. The sector’s gross value added grew by 14.9% in 2020, 8.8% in 2021 and modestly by 0.3% in 2022 . This was primarily…

6 Jun 2023 4PM 14 min

South Africa avoids a technical recession

GUEST – Joe de Beer : DDG, Economic Statistics, StatsSA South Africa’s gross domestic product (GDP) increased by 0.4% in the first quarter of 2023, ensuring the country to avoid a technical recession. StatsSA released South Africa’s GDP data on Tuesday, which showed marginal growth in the economy. This news…

6 Jun 2023 4PM 13 min

Entrepreneur on the move

GUEST – Hebron Maponya – Founder of GMC Creations GMC provides advertising and marketing to the hair and beauty sector and fashion boutiques nationwide

1 Jun 2023 5PM 7 min

Consultants helping municipalities with their financial reporting cost the govt R1.6BN

Mabatho Sedileka – Head of Provincial Audit The office of the Auditor-General has flagged the growing cost of consultants at municipalities. Briefing Parliament, she said the consultants cost municipalities R1.6-billion, which is an increase from the R1.3-billion previously paid

1 Jun 2023 5PM 18 min

PIVOT POINT: In conversation with Metropolitan CEO Peter Tshiguvho

Since 2018 Metropolitan CEO Peter Tshiguvho has led Metropolitan, one of the largest financial services institutions in South Africa, on a journey of strategic financial growth and success. Below we chat to Tshiguvho about his career and journey, leadership and the positive habits that have led to his success.

1 Jun 2023 5PM 20 min

Toyota Financial Literacy: Save today for a much better tomorrow

GUEST– Kgomotso Chidzalo: Registered financial practitioner Someone wise said, ‘Growing old is inevitable, growing up is optional’. Encouraging financial discipline and bringing in a sense of responsibility, enables people to build for their future. Kgomotso Chidzalo joins us to unpack how saving enables one to tide over emergencies.

1 Jun 2023 5PM 16 min

SA factory activity contracts for 4th straight month

GUEST – Miyelani Maluleke (Absa CIB Senior Economist) Absa released its latest Purchasing Managers’ Index (PMI), showing businesses in South Africa have little hope for the near term as business conditions deteriorated for the fourth consecutive month. The PMI is an economic activity index based on a survey conducted by…

1 Jun 2023 5PM 15 min

ESKOM reports a R21.2 billion loss before tax for its last financial year

State Utility, ESKOM financial situation has deteriorated further, with the power utility reporting a R21.2 billion loss before tax for its last financial year — R7.6 billion more than it had budgeted. This was reveal at the during a Parliamentary Meeting of the Standing Committee of Appropriations on Tuesday, 30…

31 May 2023 5PM 10 min

Quickloc8 app addresses a host of daily challenges faced by taxi owners, drivers and commuters

GUEST – Mbavhalelo Mabogo, CEO of Quickloc8 The Quickloc8 app is a real-time taxi fleet management application (app) the addresses a host of daily challenges faced by taxi owners, drivers as well as commuters. The application, founded by Mbavhalelo Mabogo, is a single-platform solution to some of the biggest headaches…

30 May 2023 5PM 8 min

The idea of a ‘rich life’ - What It Means To Live a Truly Rich Life

GUEST – Liezel Gordon, Client Engagement and Team Lead at Metropolitan GetUp Being “rich” means different things to different people — and it doesn’t always have to do with money. In fact, a 2018 GOBankingRates survey found that 49% of people surveyed defined being rich in a way that had…

30 May 2023 5PM 16 min

ITS MY HOUSE – Inheritence of a family house – who inherits it and what does the law say about the ownership?

GUEST: Advocate Nompumelelo Seme - Property law and land reform scholar who taught Property Law and Customary Law at Wits University In practice, the family house is often thrown into relief after a death. In the course of disputes over inheritance, immovable property takes centre stage. Opposed parties turn to…

30 May 2023 5PM 20 min

EKASINOMICS: South African Female entrepreneur creates own AI chatbot platform: MobileGPT

GUEST – Bertha Kgokong - Founder Tati Digital Software Development – After graduating with a chemical engineering degree in 2004 and doing stints in corporate until 2017, Bertha Kgokong decided to venture into software development. Through her company Tati Digital Software Development, she has created numerous products including MobileGPT. The…

24 May 2023 4PM 8 min

Spending habits of SA's taxi commuters unpacked

GUEST – Marilu Smith – Research consultant at Red Fox Insight Food is the biggest monthly expense for the majority of South Africa's taxi commuters, but despite high levels of unemployment, many are still able to make ends meet, either through a side hustle, a Sassa grant or through family…

24 May 2023 4PM 5 min

New regulations will allow police to use cell-phone spying tools on South Africans

GUEST - Loyiso Boyce – Cybersecurity expert and MD of CLYROFOR Justice minister Ronald Lamola, on Friday, 19 May 2023, gazetted a five-year exemption from the Regulation of Interception of Communications and Provision of Communication-related Information Act (RICA), effectively giving police the right to use a range of what would…

24 May 2023 4PM 17 min

ANALYSIS – So, where is the $8.5bn that South Africa was promised at COP26?

GUEST – Professor Mark Swilling is Co-Director of the Centre for Sustainability Transitions at STELLENBOSCH University In November 2021 four Western governments plus the European Union (EU) announced at the COP26 meeting in Glasgow that $8.5-billion would be made available to accelerate South Africa’s energy transition. The UK, US, French…

24 May 2023 4PM 11 min