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
2460 – 2480

Fictitious and fraudulent loans a ‘reportable irregularity’ – Spar.

South African grocery chain Spar has conceded that ‘fictitious’ and ‘fraudulent’ loans flagged by its auditors and a team of lawyers, were reportable irregularities, saying they should have never happened. Last year, the JSE-listed retailer, which operates on a franchise model, came under the spotlight following a slew of allegations…
19 Jan 2023 2AM 9 min

Usain Bolt demands his full $12.75 million balance from SSL.

Jamaican sprint legend Usain Bolt has taken legal steps demanding that the USS$12.75 million balance of his investment in Stocks and Securities Limited (SSL) be turned over to him at the earliest possible time. SSL is currently embroiled in a multi-million fraud allegedly perpetrated by one of its employees, which…
18 Jan 2023 9AM 11 min

From garage to factory: Family trailer business gets R2m cash injection.

EKASINOMICS: Lucas Maluleke started Trailored, a small custom trailer company, in a Soweto garage in 2003. At the time, the business could build one new trailer every few three to four months - but has since expanded capacity to produce more than that each day. The business has also been…
18 Jan 2023 9AM 20 min

Going into business with a friend? How you should prepare yourself legally.

LEGALLY SPEAKING: Starting a business with friends can be a great way to become a business owner. Working with friends can be rewarding and fun, but there can also be some speed bumps along the way. Just like working with anyone else, you and your friend may have different viewpoints…
18 Jan 2023 9AM 24 min

Relief ahead for small businesses grappling with load-shedding, says Ndabeni.

Relief ahead for small businesses grappling with load-shedding, says Ndabeni-Abrahams. Small business development minister Stella Ndabeni-Abrahams said she and her team are trying to find solutions aimed at lessening the devastating effect of load-shedding on small businesses. She said the department’s agencies, the Small Enterprise Finance Agency (Sefa) and the…
18 Jan 2023 9AM 11 min

Another food price shocker on the cards for South Africa.

The price of some staple food groups is expected to rise as load shedding takes its toll on the agricultural sector, says Christo van der Rheede, an executive director at Agri SA. Speaking to 702, Van der Rheede said that load shedding is having profound knock-on effects for all types…
18 Jan 2023 9AM 10 min

Consumer inflation eases further to 7.2% in December.

As expected, headline inflation was 7.2% y/y in December from 7.4% in November. This brings average inflation to 6.9% in 2022, up from 4.5% in 2021, the highest since 2009. Core inflation was 4.9% y/y, down from 5.0% previously, but had monthly pressure of 0.2% that was driven by housing…
18 Jan 2023 9AM 10 min

How to become a property mogul – with the little money you have.

Investing in property can be a profitable venture if done correctly. Follow these tips and you will soon be well on your way to building a property empire. Most successful investors will tell you that smaller properties, like flats, generate a better return than houses.
17 Jan 2023 8AM 16 min

ITS MY HOUSE: The Concept of a family house – Who owns it, inherits it?

ITS MY HOUSE: The Concept of a family house – Who owns it, who inherits it and what does the law say about the ownership. 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…
17 Jan 2023 8AM 18 min

SA's planned revolt- should it be another July Unrest issue, are we prepared?

South Africa experienced one of the saddest events in the history of the country’s constitutional democracy as widespread, violent, and deadly looting took place in KwaZulu-Natal and Gauteng. These were incidents that most South Africans would not wish to see a repeat of. Law enforcements agencies have been hard at…
17 Jan 2023 8AM 10 min

Loadshedding is a constitutional issue, says stakeholder taking Eskom to court.

Loadshedding is a constitutional issue – says stakeholder taking Eskom to court over loadshedding. As several high-profile leaders and major groups say they have no other choice but to take government, Eskom, and the National Energy Regulator of SA (Nersa) to court over the load shedding crisis, President Cyril Ramaphosa…
17 Jan 2023 8AM 10 min

South Africa's mining output contracts again, but mineral sales accelerate.

South Africa's mining production contracted by 4.5% year-on-year in September. The largest negative contributors were iron-ore (-23.1% and contributing -2.7 percentage points) and gold (-12.4% and contributing -2.1 percentage points). Financial services provider Nedbank's Economic Unit points out that the September reading marks an eighth straight month of contraction.
17 Jan 2023 8AM 15 min

#MATRIC-UNGAZIBULALI Campaign.

What better person for matric pupils to be inspired by than a PhD holder who failed three years twice each in high school? Doctor Sanele Gamede has launched a campaign #MatricUngazibulali (Matric, do not commit suicide) aimed at combating thoughts and acts of suicide by pupils who have failed the…
16 Jan 2023 9AM 11 min

What goes into selling brand “SA”? How hard will it be sell SA to the world?

South Africa is driving economic growth in one of the most exciting continents in the world, but navigating the complex environment can be a burdensome endeavour without the right help on board. Economic growth in sub-Saharan Africa should significantly outpace the global average over the next three years, according to…
16 Jan 2023 9AM 13 min

Career Anxiety - Why we’re sometimes afraid of being our best.

Career anxiety is a stressful or worried state that many people face through challenging times in their professions. It can occur in many situations, such as when a person changes jobs, enters the workforce, switches careers, receives extra responsibilities or implements a period of increased productivity at work. Understanding how…
16 Jan 2023 8AM 19 min

Load shedding trips up small businesses again as Eskom struggles.

Load shedding trips up small businesses again as Eskom struggles to keep the lights on. As load shedding plunges the country into darkness for several hours every day, small businesses have been hit hard financially. Last week, the country saw Stage 6 load shedding implemented, which then dropped to Stage…
16 Jan 2023 8AM 16 min

Franchise sector will continue to trade resiliently into the new year & beyond.

For the franchise sector, last year was a year to regroup, re-strategise and come back stronger after being badly impacted by two years of the pandemic, followed by the July 2021 riots and later floods in KwaZulu-Natal, says Freddy Makgato, the CEO of the Franchise Association of South Africa (FASA)…
12 Jan 2023 1AM 5 min

Lebogang is the Executive Director of the Independent Schools Association.

Lebogang Montjane grew up in Johannesburg but completed his schooling in New York. He read for a BA in Government and History at Connecticut College and was then awarded an MA in Comparative Education from Teachers College, Columbia University. On his return to South Africa, Lebogang read for a law…
12 Jan 2023 1AM 27 min
2460 – 2480