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
2780 – 2800

The Impact of Localization and buying local.

Increased activity and deliberate investment in manufacturing, driven by a clear localisation drive, will have a strong impact on the services, construction, trade, transport, communications and finance sectors, creating thousands of jobs in the process. These are the findings of the study released yesterday, which was aimed at finding the…
12 Sep 2022 9AM 17 min

New tariff could see tyre prices in South Africa increase by as much as 45%.

The Department of Trade, Industry and Competition (DTIC) has published anti-dumping protection levies on the importation of tyres into South Africa in terms of section 57A of the Customs and Excise Act, 1964. This provisional payment in relation to anti-dumping duty is imposed up to and including 8 March 2023,…
12 Sep 2022 9AM 6 min

Sanlam confident despite collusion probe, market pressure.

South Africa's largest life insurer Sanlam doesn't expect an industry probe from competition authorities into alleged collusive behaviour to reveal any dodgy practices in its business, but it is concerned about reputational damage. The Competition Commission announced in late August, after some dawn raids, that it was investigating pricing practices…
8 Sep 2022 4AM 10 min

High unemployment rate, rising taxes drag down SA’s Economic Freedom rank.

South Africa has fallen from its position of 93 last year in the Economic Freedom of the World Annual Report, released by the Free Market Foundation (FMF) and Canada’s Fraser Institute, to 99 this year. This marks a further fall from the country’s best ranking of forty-seventh in 2000.
8 Sep 2022 4AM 10 min

PIVOT POINT - Mandla Sibeko - Director of the FNBART Joburg.

Mandla Sibeko set up his own investment business, Seed Capital Investments, through which he has various interests in the small business sector. Through this company, he has partaken in a number of related media, retail, property and e-procurement acquisitions, including becoming the owner of the Pick n Pay Family Supermarket…
8 Sep 2022 4AM 23 min

Discovery's profits jump as it carves out additional SA market share.

South Africa's largest medical scheme administrator Discovery says profits surged by about three-quarters in its year to end-June, boosted as the firm's key markets exited the emergency phase of Covid-19, while relatively lower prices also helped it carve out some additional market share. Headline earnings jumped 74% to R5.2 billion…
7 Sep 2022 10AM 10 min

Uber Eats is morphing into a 'virtual mall', plans to add apparel to the app.

Uber's food delivery service, Uber Eats in South Africa, is steadily evolving into a virtual mall, allowing users to for shop non-food items for delivery in as little as 30 minutes. The app plans to make clothing purchases available on its platform, eliminating days of waiting for a package, as…
7 Sep 2022 10AM 11 min

INSIDE YOUR BUSINESS: The township economy needs an eCommerce boost - Why?

When lockdown limited commercial activities, there were winners and losers. Some businesses were able to trade online locally and to global markets. Most of those businesses that thrived online were established entities. As for informal and mainly township-based businesses, it was the worst time to run a business. There’s not…
7 Sep 2022 10AM 11 min

LEGALLY SPEAKING: The truth about suicide & life insurance.

The latest studies from the National Center for Health Statistics indicate that suicide rates are growing at staggering rates here in the U.S., with a 35% increase between 1999 and 2018. Suicide is the event in which someone causes a self-inflicted injury resulting in death, but in reality, suicide has…
7 Sep 2022 10AM 19 min

EKASINOMICS: e-hailing platform partners with taxi industry for more employment.

Sibusiso Mashabela is a computer scientist, founder and CEO of Request International, which is an e-hailing service platform established to service the everyday needs of ordinary South Africans. Request international is South African based e-hailing service which has patnerned with various stakeholders such as MTN SA and SANTACO, National Taxi…
7 Sep 2022 10AM 15 min

Kasi Xcelerator to give township-based SMEs a major boost.

A bold new initiative is set to give township-based SMMEs and service providers a major boost. Kasi Xcelerator (KX), which will be launched with an entrepreneurship expo in September, is a new platform that has been designed to bridge the gap between township businesses, the private sector and government in…
7 Sep 2022 10AM 14 min

GDP shrinks by 0.7% in second quarter.

South Africa’s economy is smaller than it was before the coronavirus pandemic struck, after the worst flooding in almost three decades and severe power outages caused it to shrink in the second quarter. Gross domestic product contracted 0.7% in the three months to June, compared with downwardly revised growth of…
6 Sep 2022 5AM 9 min

Shoprite points to strong store growth and job creation in South Africa.

Shoprite on Tuesday (6 September) published its annual financial results showing a 9.6% increase in group sales – equating to an additional R16 billion spent by customers over the period, compared to 2021 which included an additional week of trade. The results, from continuing operations, for the financial year under…
6 Sep 2022 5AM 8 min

ITS MY HOUSE: How you can build equity - and pay less for your home.

What is home equity? And why do savvy homeowners focus on building up more of it? Berry Everitt, CEO of the Chas Everitt International property group, says the equity you have in your home is generally understood to mean the difference between the amount still outstanding on your home loan…
6 Sep 2022 5AM 13 min

Google announces five South African recipients in Black Business Fund.

Five South African startups among 60 others will receive a share of $4million in funding to support their programs. Startups from South Africa include Agrikool, CreditAIs, Mapha , Rekisa and Technovera. Each of the selected startups will receive support in the form of a 6 month training programme that includes…
6 Sep 2022 5AM 15 min

TECH & INNOVATION: LolaGreen, turning plastic waste into durable tiles.

The argument over the years has been circulating around looking for alternative replacements for plastics, or the 3Rs (Reduce, Reuse and Recycle). Some further argue that the most effective way to reduce plastic pollution is to not make them in the first place. Reality check appears otherwise. In short, there…
6 Sep 2022 5AM 9 min

Rand manipulation: After fund manager's $20m Ramaphosa bet flopped.

The South African co-founder of a UK hedge fund is alleged to conspired to manipulate the rand-dollar exchange rate after his bet that Cyril Ramaphosa's 2017 election as ANC leader would galvanise the rand failed to pan out as he had hoped. US federal prosecutors this week unsealed a 26-page…
5 Sep 2022 5AM 15 min
2780 – 2800