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
2860 – 2880

Fears government will hijack expected fuel price cuts to fund GFIP.

Concerns are being expressed that the government may hijack the consumer benefits of an expected reduction in fuel prices and use them to pay for the Gauteng Freeway Improvement Project (GFIP). Organisation Undoing Tax Abuse (Outa) CEO Wayne Duvenage said on Tuesday the organisation is concerned that Minister of Finance…
17 Aug 2022 1AM 11 min

Think Creative Africa launches wearable electronic breast pump MiLQ.

The founders of Think Creative Africa, Nkgabiseng Motau and Mukondi Kgomo have launched an electronic, hands-free, rechargeable, wearable breast pump. What began as a personal quest for a solution that would significantly and positively change their daily lives, has segued into MilQ - A breast pump that provides an innovative…
16 Aug 2022 2AM 12 min

WITS’ Innovation for powering homes without electricity.

WITS’ innovation for powering homes without electricity will launch in June In 2019, PeCo Power (Pty) Ltd was spun out of WITS University as an endeavour to commercialise an innovative Smart Mini-Grid. The Smart Mini-Grid was born from WITS University School of Electrical and Information Engineering as a solution to…
16 Aug 2022 2AM 13 min

Rain forced to withdraw Telkom merger statement.

Rain has withdrawn its announcement stating that it submitted a merger proposal to the Telkom board. “As Rain, we are pleased with Telkom’s SENS announcement stating that if an offer or formal proposal is received from Rain, the board of Telkom will consider it,” the company said.
16 Aug 2022 2AM 10 min

Thungela returns R8.2 billion to shareholders after a record half-year.

Thungela Resources has declared an interim dividend of R8.2 billion, or R60 per share, following a record half-year in which profit rocketed on the back of strong export coal prices. The coal miner, which was spun out of Anglo American in June last year, reported profit of R9.6 billion compared…
16 Aug 2022 2AM 10 min

Old Mutual approves new black empowerment share scheme.

Qualifying Black South Africans – including lower-income earners and Old Mutual employees – will now be able to buy the insurance giant’s shares at relatively low prices through its newest black empowerment-focused ownership scheme, Bula Tsela (‘pave the way’ in Sesotho). Old Mutual shareholders approved the broad-based black economic empowerment…
16 Aug 2022 2AM 11 min

Avocados are 40% cheaper due to higher harvests, but consumers cant afford.

The number of avocados harvested from orchards has resulted in large volumes of the green-single-seeded fruit, driving prices considerably lower than a year ago. Prices for avocados have dropped 40% from last year this time, to cost as little as R11 per kilogram, Dr Johnny van der Merwe, managing director…
15 Aug 2022 2AM 10 min

Pick 'n Pay launches new lower-price QualiSave brand.

South African retail giant Pick n Pay is targeting the middle market with a new range of QualiSave stores, which promises to offer essential items at lower prices, accounting for 40% of company-owned supermarkets. Pick n Pay is splitting its brand in half as the retail battle for South Africa's…
15 Aug 2022 2AM 9 min

Absa profit jumps 30% as lending growth gains momentum.

Absa reported its "strongest half yet" in the six months to June 2022. The bank, which has been trying to claw back market share it lost under Barclays' rule, posted a 30% growth in its headline earnings. Its half-year dividend has more than doubled to 650c a share. Absa's biggest…
15 Aug 2022 2AM 9 min

CAREERS CORNER: A focus on women in finance.

This Women’s month, whilst we celebrate women across various industries - it is a stark reminder that the finance industry still underrepresent women. According to the latest PwC report on Executive directors: Practices and remuneration trends, released in January 2022, 95% of all CEOs on the JSE were male, 87.2%…
15 Aug 2022 2AM 16 min

What your employer thinks about before deciding how much to pay you.

Remuneration and HR consultancy, 21st Century, says that when one thinks of remuneration data, one tends to think of payroll data specifically. The group aims to broaden thinking about a bigger pool of data that could be a critical strategic tool for people managers and business leaders in the future…
15 Aug 2022 2AM 17 min

Gas users call on regulator to intervene over ‘untenable’ 96% hike.

The Industrial Gas Users Association of Southern Africa (IGUA-SA) has described as “untenable” a 96% hike in the gas price by Sasol and has called on the energy regulator to intervene urgently to address what it describes as Sasol’s monopolistic behaviour, as well as to prevent manufacturing cutbacks and socioeconomic…
11 Aug 2022 2AM 10 min

INSIDE YOUR POCKET: Tips to reduce financial stress & achieve financial freedom.

A recent Money-stress Tracker survey by DebtBusters, a leading debt counselling company, has revealed that women are more stressed about their finances, home and work life, and health, than men. Women are 30% more likely to be concerned about their health as a result of financial stress, and 20% more…
11 Aug 2022 2AM 10 min

NYDA financial year 2021/2022 results.

The NYDA is pleased to announce an eight consecutive clean audit report from the Auditor General of South Africa for the 2021/2022 financial year. Upon the appointment of the historical female-led NYDA board in December 2021, the NYDA Board committed to the continuation of the good governance trajectory at the…
11 Aug 2022 2AM 11 min

PIVOT POINT - Fikile Mbhokota - CEO of Satrix.

Fikile Mbhokota is a leader in financial markets with over 18 years’ experience across all asset classes. Her experience ranges from passive and active investment management and consulting, operations, research, strategy, fund administration, custody management, executive client account management and business origination. She has vast experience engaging at executive and…
11 Aug 2022 2AM 23 min

African Artists to Compete in Global 'Art For Change' Competition.

Global creative company, M&C Saatchi Group and London’s iconic Saatchi Gallery have launched a new international art initiative – the annual Art for Change Prize. M&C Saatchi Group’s partnership with the renowned contemporary art gallery aims to deepen access to contemporary art, broaden learning opportunities for young people in the…
11 Aug 2022 2AM 6 min
2860 – 2880