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
2480 – 2500

INSIDE YOUR POCKET: What to consider before taking loans in the new year.

The South African Reserve Bank’s (SARB) recent decision to hike interest rates by 75 basis points to 7% for 2022 is the third consecutive hike by such a margin and the seventh hike in a row. The decision to increase the repo rate was mostly because the inflation rate has…
12 Jan 2023 1AM 8 min

Consumers brace for NERSA's ruling on ESKOM price hike application.

South African consumers wait with bated breath for the National Energy Regulator of South Africa (Nersa) to rule on Eskom's revenue application. Households and businesses may have to contend with higher electricity prices if Eskom gets its way. The power utility wants a 32% tariff hike for the 2023/24 financial…
12 Jan 2023 1AM 14 min

Godongwana: Nice policy, useless without power.

South Africa can have nice policy on paper but it is useless if it can’t provide electricity, Finance Minister Enoch Godongwana said on Thursday.Last year, the Johannesburg High Court ordered Nersa to decide on Eskom’s multi-year price determination revenue application by Christmas Eve. The high court extended that deadline after…
12 Jan 2023 1AM 11 min

EKASINOMICS: ‘Kasi boy’ creates a successful design business.

A Vosloorus-born “kasi boy” who is making furniture for big hotels is aiming to spread his wings all over, providing services to the hospitality industry across the country with a big dream of one day becoming a significant role-player in the field. Although Thato Senosi, 36, produces, maintains and repairs…
11 Jan 2023 9AM 18 min

LEGALLY SPEAKING - Calling in sick to attend another event may get you fired.

Absenteeism and poor performance are without a doubt two of the most challenging employment management issues that employers struggle with on a continuous basis. Employers become despondent about the impact on productivity and service levels, and increasingly frustrated with employees who are unreliable and cannot be trusted to deliver. Looking…
11 Jan 2023 9AM 19 min

SA a drag on sub-Saharan Africa's growth, World Bank report shows.

SA ESTIMATED TO EXPAND BY ONLY 1.9% IN 2022, WHILE NIGERIA AND ANGOLA ARE BOTH EXPECTED TO GROW BY 3.1% Growth in the three largest Sub-Saharan economies — Nigeria, SA and Angola — pulled back sharply with SA, the region’s second-largest economy, growing the least as electricity shortages worsened and…
11 Jan 2023 9AM 14 min

More people will be forced to give up their homes this year.

Unemployment, interest rate increases, and rising living costs will see many homeowners giving up their homes this year. Some will be forced to downscale while others will find themselves in the rental market or moving back home.
10 Jan 2023 6AM 20 min

ITS MY HOUSE: Six Projected Home Loan Trends for 2023.

Looking ahead, Dyer believes that with most of the interest rate hikes now behind us, the following six property trends will lead the way in 2023. ooba’s latest statistics indicate that while Western Cape remains a strong contender in the property realm, and, while prices have been slowing the most…
10 Jan 2023 6AM 23 min

Pharma industry seeks meeting with officials over medicine price increase.

Pharma industry seeks meeting with officials over ‘puzzling’ medicine price increase set by health minister SA’s key industry association for pharmaceutical manufacturers is to seek a meeting with senior health officials over the “puzzling” 3.28% maximum price increase for private sector medicine sales in 2023. The Pharmaceutical Task Group (PTG)…
10 Jan 2023 6AM 10 min

South African manufacturing output down 1.1% y/y in November.

South Africa's manufacturing output fell 1.1% year on year in November after rising by 1.0% in October, statistics agency data showed on Tuesday. Factory production rose 2.0% month on month in November. Analysts had predicted a 2.3% drop in annual terms and a 1.1% month-on-month drop The largest negative contributions…
10 Jan 2023 6AM 9 min

Online retail study revealed that South Africa reached R55 billion in 2022.

Online retail study revealed that South Africa reached R55 billion in 2022, a 35% year-on-year increase.World Wide Worx and Mastercard’s online retail study revealed that South Africa reached R55 billion in 2022, a 35% year-on-year increase. Online sales growth was driven by a boom in demand for home deliveries which…
9 Jan 2023 7AM 19 min

WEALTH CREATION: My will is “with the bank” – is that okay?

is a general misconception that banks and other financial institutions may be trusted with wills and estates. They look so “great” and after all, they are the financial giants of the world – surely they are equipped to look after my assets after my death? Maybe those that believe this…
9 Jan 2023 7AM 10 min

SA to meet FATF in Morocco in bid to avoid greylisting.

South African authorities will meet peers from a global financial watchdog next week as they seek to avert being placed on its so-called grey list denoting nations with shortcomings in tackling illicit financial flows. A delegation led by the National Treasury’s acting director general Ismail Momoniat will meet with the…
9 Jan 2023 7AM 15 min

Rand expected to remain volatile in 2023.

The rand has maintained its volatile nature in the first few days of the year with some dramatic moves last week, indicating that it is in for another bumpy ride in 2023. “In the short term, the rand moves will still be dominated by what happens in the US, as…
9 Jan 2023 6AM 8 min

South Africans are threatening to close their bank accounts

Sarah Lamb, head of client service at DataEQ talks about Capitec Bank is at risk of losing customers – and if customers make good on their threats to close their accounts and leave, banks like Discovery Bank stand to be the biggest winners. This is one of the key findings…
8 Dec 2022 1PM 5 min

PIVOT POINT: Mkhuleko Hlengwa – (SCOPA)

Mkhuleko Hlengwa – Chairperson of the Standing Committee on Public Accounts (SCOPA) talks about Mkhuleko Hlengwa (born 12 June 1987) is a South African politician who serves as a Member of the National Assembly for the Inkatha Freedom Party (IFP). He is the Chairperson of parliament's Standing Committee on Public Accounts (SCOPA). He became a Member of…
8 Dec 2022 1PM 27 min

Changing minds: How can insurers make a difference on the mental health journey?

Sinenhlanhla Sithomo - Head of Insurance Business: Investec Life talks about A December 2021 report by the Chief Risk Officer’s (CRO) Forum shows that over the past decade there has been a significant shift in insurance claims from physical to mental health with ailments such as burnout, anxiety, and depression…
8 Dec 2022 1PM 18 min

Latest AFSCI Index shows credit extension increase

Keith Lockwood, Independent consultant talks about Altron FinTech’s latest Short-term Credit Impact (AFSCI) Index for the third quarter of 2022 shows a 0.9% quarter-on-quarter increase in net short-term credit extension. The index tracks the impact of short-term credit extension on the South African economy on a quarterly basis. “Based on National…
8 Dec 2022 1PM 10 min
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