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
2820 – 2840

Walmart puts in R6.4-billion offer for beleaguered Massmart.

The board expects to have a full report out to shareholders in a circular in September and Dlamini says this is an opportunity for minority shareholders to realise immediate value in an environment where there are no near-term catalysts for a Massmart re-rating. The generous offer, a 53% premium to…
29 Aug 2022 3AM 10 min

What we know about the case against former Transnet executives Singh and Molefe.

Two of the most senior officials involved in state capture during former president Jacob Zuma's tenure have been arrested, marking a significant milestone in the ongoing effort by the National Prosecuting Authority's (NPA) Investigating Directorate (ID) to fulfil its mandate. Former Transnet and Eskom chief financial officer Anoj Singh and…
29 Aug 2022 3AM 8 min

WEALTH CREATION :Considerations when building your investment portfolio.

The importance of saving and investing from a young age cannot be emphasised enough, yet people are scared to start saving or investing – if not leave it to later in life, which is not always the best option. Your investment decisions must centre around your investment goals. Samukelo Zwane,…
29 Aug 2022 3AM 13 min

CAREERS CORNER: Subtle signs your co-workers are sabotaging your success.

Sabotage is a strong word. But it happens in the workplace more often than you think. Dr. Cheryl Carr, organizational psychologist, business leadership strategist, business professor, trainer, and author, says career sabotage can be divided into two categories: corporate or individual. This type of toxic experience might even lead you…
29 Aug 2022 3AM 21 min

Yes, SARS can search and seize your property without a warrant.

The Tax Administration Act in South Africa permits the warrantless search and seizure of a taxpayer’s property by the South African Revenue Service. However, this has been under scrutiny for many years due to its potential to infringe the right to privacy as enshrined in the South African Constitution. A…
29 Aug 2022 3AM 10 min

The types of businesses that receive the most consumer complaints in SA.

The Consumer Goods and Services Ombud (CGSO) has published its annual report for the period ending February 2022, highlighting the most complained about businesses and services over the past year. The report shows that telecoms, satellite services, retailers and manufacturers of appliances and furniture generate just under 70% of consumer…
25 Aug 2022 3AM 12 min

Call for South Africa to overhaul its tax system, including a VAT hike.

South Africa should overhaul its tax regime to fund economic-growth enhancing reforms and reduce inequality now that it’s reached the limits of budget adjustments that were aimed at reducing fiscal deficits and reining in debt, the OECD recommended. Africa’s most-industrialized economy is battling surging debt, which the government expects to…
25 Aug 2022 3AM 9 min

PIVOT POINT: In conversation with Exxaro Resources CEO, Dr Nombasa Tsengwa.

Dr Nombasa has more than 18 years of executive management and board experience in the public and private sector and is one of the hardest-working leaders in the industry. Having been appointed as Acting Executive Head of Coal Operations in 2016, and subsequently as Executive Head of Coal Operations in…
25 Aug 2022 3AM 20 min

Life insurance and its importance.

Simple Life cover will provide you peace-of-mind knowing your family will be provided for when you’re no longer there to do so. It’s life insurance made easy.
25 Aug 2022 3AM 9 min

Sibanye-Stillwater declares R3.9bn half-year dividend.

Precious metals and green metals company Sibanye-Stillwater on Thursday declared a cash dividend of R3.9-billion for the six months to June 30. The Johannesburg- and New York-listed company, headed by CEO Neal Froneman, reported a half-year profit of R12.3-billion, the third highest six-month period profit achieved since the group's initial…
25 Aug 2022 3AM 6 min

Competition body raids Discovery, Old Mutual, Sanlam and major insurance firms.

The Competition Commission started raiding the offices of eight major insurance firms on Thursday afternoon over alleged collusion and price fixing. The search and seizure operations took place at the offices of BrightRock, Discovery, FMI - which is a division of Bidvest Life - Hollard, Momentum, Old Mutual Insure Limited,…
25 Aug 2022 3AM 9 min

SARB urges banks not to close crypto exchange accounts.

South African-based crypto-currency exchanges have welcomed the South African Reserve Bank’s (SARB’s) Prudential Authority’s (PA’s) guidance notice to the big banks to start working with crypto players. The guidance notice follows some local big banks shutting down the accounts of crypto-currency exchanges, largely fearful of the potential risks they present…
24 Aug 2022 2AM 5 min

LEGALLY SPEAKING: Can your boss can read your emails in South Africa?

The COVID-19 pandemic has accelerated (and for some, cemented) the work from home trend. As a result, many employers are increasingly turning to employee monitoring technology to replace the physical employee oversight once enjoyed in the office. While employers have many legitimate reasons for monitoring employee activity, the decision to…
24 Aug 2022 2AM 17 min

INSIDE YOUR BIZZ: Black managers in investment, life insurers far below targets.

Life insurers and asset management firms' BEE scores have improved materially since they started reporting on their transformation targets in 2018. However, they are still a long way from achieving their management control and employment equity goals, and it doesn't help that they spend far too little than they should…
24 Aug 2022 2AM 13 min

Consumer Price Inflation continues on upward trajectory.

South Africa’s Consumer Price Inflation (CPI) has continued on its upward trajectory. The figures that Statistics South Africa has released show that annual inflation was up 7.8% in July 2022, from 7.4% in June 2022. The CPI increased by 1.5 percent in July 2022. Data shows that the cost of…
24 Aug 2022 2AM 7 min

Telkom Business Fibre.

Telkom Business has launched new Endless Fibre propositions, aimed at small and medium businesses. Telkom Business’ Endless Fibre packages helps businesses to unlimit their future growth, unlimit their workspace as well as unlimit their digital presence. All of which drives our key narrative for this campaign. Unlimit your business. Unlimit…
23 Aug 2022 4AM 11 min

Sasol declares record dividend, buoyed by high crude, chemical prices.

Sasol has declared a gross final cash dividend of R14.70 per share for the year ended in June as high crude and chemicals prices pushed earnings higher. The dividend is the first to be declared since 2019, it is also the highest dividend per share paid by the synthetic fuels…
23 Aug 2022 4AM 12 min
2820 – 2840