Kaya Biz

ALLAN GRAY– Hospitality sector turnaround signals opportunity for local investors

GUEST – Varshan Maharaj - Portfolio manager at Allan Gray According to the World Travel and Tourism Council, South Africa’s tourism sector is expected to grow by almost 8% a year over the next decade, significantly outstripping GDP growth. On the ground, many experts are predicting a record turnout this…

3 Dec 2024 4PM 11 min

ITS MY HOUSE: SA homeowners prefer buying solo

GUEST – Hayley Ivins-Downes, Managing Executive Real Estate at Lightstone Homeowners prefer buying houses on their own rather than in partnership with others or through a company or trust – although trusts and other non-natural buyers are popular in the higher price bands. Hayley Ivins-Downes, Managing Executive Real Estate at…

3 Dec 2024 4PM 16 min

BNPL data signals record sales this Black Friday.

GUEST – Dean Hyde, COO at PayJustNow South Africa’s leading Buy Now Pay Later provider, PayJustNow has revealed consumer spending behaviour for the month to date, signaling a record number of shoppers and spending power this Black Friday. For the month to date, PayJustNow’s retail base of over 2700 merchants…

2 Dec 2024 1PM 8 min

Trump threatens 100% tariff on Brics nations if they try to replace dollar

GUEST – Prof Patrick Bond - Political economist US President-elect Donald Trump has threatened to impose 100% tariffs on a bloc of nine nations if they were to create a rival currency to the US dollar. "The idea that the BRICS Countries are trying to move away from the Dollar…

2 Dec 2024 1PM 15 min

Unlocking the Potential of SA-Nigeria Trade

GUEST – Dr. Rutendo Hwindingwi, the founding director of Tribe Africa advisory. In this episode, we delve into the intricate relationship between South Africa and Nigeria, two economic powerhouses on the African continent. We explore the untapped potential of bilateral trade, examining the benefits and challenges that lie ahead.

2 Dec 2024 1PM 13 min

Capitec clients spent R25.45 billion this Black Friday and Saturday – up 27% year-on-year

GUEST – Francois Viviers, Capitec’s Executive of Marketing and Communications Black Friday highlights: - Capitec clients spent R25.4 billion this Black Friday and Saturday – enough to buy over 7.2 million tickets to the Springboks vs All Blacks game at DHL Stadium during the 2024 Castle Lager Championship and fill…

2 Dec 2024 1PM 12 min

JSE-listed financial services group Alexforbes posted an 8% profit

GUEST - Dawie de Villiers - CEO of Alexander Forbes Diversified financial services provider Alexforbes delivered an improved interim dividend on Monday, supported by a robust balance sheet for the six months to end-September.

2 Dec 2024 1PM 10 min

EKASINOMICS: SpaceSalad Studios is a multi-award-winning indie game studio

GUEST – Thabo Tsolo and Neo Ramathinyane – Co-founders of SpaceSalad studios Space Salad Studios is an award-winning indie game studio from South Africa, distinguished for its commitment to merging gaming with activism. Led by a visionary team, the studio excels in creating games that entertain while raising awareness and…

27 Nov 2024 1PM 17 min

Two-pot: Who's cashing out? Middle-income earners drive R35bn withdrawals.

GUEST – Zareena Camroodien – Departmental Head: Fund Governance and Trustee Conduct (FSCA) Of the nearly 2 million withdrawals made from retirement funds, three-quarters were made by members aged 31 to 51, with over 40% of withdrawals from members in their 30s. Less than 15% of withdrawals came from members…

27 Nov 2024 1PM 18 min

Economic outlook for 2025 is mixed for South Africa’s key trade and investment partners

GUEST – Christie Viljoen, PwC SA Senior Economist As 2024 winds down and businesses turn their attention to next year, the outlook for the South African economy in 2025 comes into focus. The country’s economic fortunes are intertwined with the rest of the world. While domestic factors (such as load-shedding,…

27 Nov 2024 1PM 9 min

Eskom catches 400,000 non-paying customers in its net – sets new deadline for the rest

GUEST – Daphne Mokwena – ESKOM Spokesperson. Power utility Eskom says that the prepaid electricity metre rollover allowed it to catch 400,000 previously non-paying customers in its net – all of whom are now paying for electricity as they should. In an update on its rollover and upgrade process, Eskom…

27 Nov 2024 1PM 10 min

Market updates with Thamsanqa Netha

Talking Points: - JSE all share index performance. - ⁠Rand remains fairly steady. - ⁠Tsogo sun results. - ⁠Nampak trading statement

27 Nov 2024 1PM 16 min

Standard Bank champions small business growth by providing the tools , resources and support that entrepreneurs need.

Small businesses are the backbone of our economy. But what does it take to nurture and grow these businesses? How can financial institutions like Standard Bank play a pivotal role? We explore these questions and more with Lesiba Matladi, Senior Manager for Enterprise & Supplier Development at Standard Bank Business…

26 Nov 2024 12PM 10 min

African Bank reports over half a billion profit as it expands offerings and strengthens market position.

GUEST – Sibongiseni Ngundze - CEO of Consumer Banking at Africanbank. African Bank has announced a net profit of R523 million for the 2024 financial year, reflecting a strong performance amid a challenging economic climate. With a capital adequacy ratio of 31.4% and significant liquidity reserves of R7.1 billion, the…

26 Nov 2024 12PM 11 min

Life Healthcare reports a revenue increase of 12.7%, fuelled by strong second-half results.

GUEST - Peter Wharton-Hood, Chief Executive of Life Healthcare Group KEY HIGHTLIGHTS: Group revenue up 12.7%, fuelled by strong second-half results Southern Africa acute PPD growth of 1.6% Southern Africa acute revenue up 6.5% Sales of Life Molecular Imaging's Neuraceq® doses up 91.9% Life Molecular Imaging revenue up 181.3% Normalised…

26 Nov 2024 12PM 12 min

Vukile's excellent first-half puts it firmly on track for full-year guidance.

GUEST - Laurence Rapp, CEO of Vukile Property Fund Vukile Property Fund (JSE: VKE) has reported an impressive 6.0% increase in its interim cash dividend to 55.2cps for the six months to 30 September 2024. The consumer-focused retail real estate investment trust (REIT), distinguished by its sector specialisation and international…

26 Nov 2024 12PM 13 min

Zeda secures record high revenue amid a challenging trading environment.

GUEST - Ramasela Ganda - Zeda Chief Executive Officer Amid high interest rates, inflation, fuel hikes, and a swiftly changing competitive landscape, Zeda Limited has delivered record high revenue of R10.5 billion.

26 Nov 2024 12PM 7 min

COSATU disappointed that some pension funds chose to exploit two-pot system by charging unnecessary fees for withdrawals

GUEST – Matthew Parks - COSATU's parliamentary coordinator, The Congress of South African Trade Unions (COSATU) said it was disappointing that some pension funds had chosen to exploit the two-pot pension system by imposing unnecessary fees on members. Since coming into effect earlier this year, the South African Revenue Service…

25 Nov 2024 12PM 8 min

South African alcohol insights reveal distinct preferences and celebratory trends.

GUEST – Andrew Fulton, Director at Eighty20. The latest Eighty20 data shows that half of South African adults consumed alcohol in the past month, with beer the top choice, particularly among men (72% of weekly beer consumers are male). But there has also been a notable rise in non-alcoholic beverage…

25 Nov 2024 11AM 10 min

Year-end functions: The fine line between work and play.

GUEST - Kagiso Lebethe - Senior Employee Relations Specialist Year-end functions are a staple in many workplaces, a time to celebrate achievements and unwind with colleagues. However, these festive occasions can sometimes turn sour, leading to incidents of misconduct that can have serious consequences for both employees and employers. Joining…

25 Nov 2024 11AM 18 min