Kaya Biz

INSIDE YOUR POCKET: Saving on your medical aid.

GEMS is the largest closed medical scheme, and the second overall largest scheme in the country with over 760 000 principal members, and just over 2 million beneficiaries. Dr Moloabi is passionate about sharing extensively how medical aid members can stretch their medical savings to take them through the year…

4 Aug 2022 2AM 17 min

PIVOT POINT: Linda Mabhena-Olagunju- Founder and CEO of DLO Energy Group, SA.

Linda Mabhena-Olagunju (born January 1, 1984) is a South African entrepreneur and businesswoman. She is the founder of DLO Energy Resources Group (Pty) Ltd, an independent power producer (IPP). Mabhena-Olagunju currently serves as the company's chief executive officer She has been a member of the University of Oxford International Advisory…

4 Aug 2022 2AM 17 min

Celebrities calling out social media platforms for not sticking to their story.

Instagram is being called out by the like of the Kardashians because they are changing their approach. The reason is because they are facing more competition of the likes of Tik Tok. Instagram is looking to support more of video content than still images.

4 Aug 2022 2AM 3 min

SA motor manufacturers take steps to halt illegal vehicle imports.

Automotive business council Naamsa has escalated South Africa’s growing illegal vehicle importation problem to an international vehicle manufacturers’ organisation in an attempt to halt the flow of these vehicles from the countries of origin. Naamsa CEO Mikel Mabasa confirmed this week that Africa has become a dumping ground for second-hand…

4 Aug 2022 2AM 12 min

Bain gets three-year ban from UK government over ‘grave misconduct’ in SA.

Bain & Co has been banned for three years from tendering for UK government contracts, over its role in state capture in South Africa. The Financial Times reports that UK Cabinet Office Minister Jacob Rees-Mogg has written to Bain UK Managing Partner James Hadley, informing him of the ban, which…

3 Aug 2022 3AM 14 min

INSIDE YOUR BUSINESS: Thandeka Hlabane - Universal Paints.

Since 1982, Universal Paints has built a reputation of producing top quality products and only use the best imported and locally sourced raw materials. We offer specialised expert advice obtained through years of experience in the industry, and we supply and service consumers who understand the value of quality, longevity,…

3 Aug 2022 3AM 13 min

LEGALLY SPEAKING: What happens if your employer fails to pay PAYE?

Some employers may argue that desperate times call for desperate measures. Employees should be aware that this may place them in a situation of liability towards SARS, even though PAYE was seemingly deducted from their pay. South Africa, like most other countries, has been hit hard in recent months, not…

3 Aug 2022 3AM 15 min

EKASINOMICS – MATTE ART BUSINESS.

MATTE ART was founded by Andile Langa, a Bcom graduate in Marketing Management. Over the years i have realised that i had an interest in art without the intention to get my hands dirty with paint. I needed to discover a way i could get myself involved in the Arts…

3 Aug 2022 3AM 19 min

YES Women shaping SA’s young female future leaders for a more sustainable future

According to Stats SA, South African women make up 36.4% of the unemployed population, while women between the ages of 15 and 34 make up 48.7% of the unemployed youth. South African women are at the forefront of diverse movements for social change. They’re doing unconventional jobs like piloting drones,…

3 Aug 2022 3AM 13 min

Embattled Massmart expects bigger headline losses.

Struggling JSE-listed retailer and distributor of consumer goods Massmart says it expects a 51% decline in headline earnings for the 26-week period ended June 26. This will translate to a potential loss of R974.9 million, compared with the R645.4 million loss in the previous comparable period.

2 Aug 2022 2AM 10 min

SA suspends anti-dumping duties on poultry imports.

South Africa is set to suspend the imposition of anti-dumping duties on chicken imports from Brazil and four European Union countries – Denmark, Ireland, Poland and Spain – for at least a year, in order to protect consumers’ pockets amid high food prices. The SA Meat Importers and Exporters Association…

2 Aug 2022 2AM 9 min

The gender pay gap contributes to underinsurance in women.

South Africa, 1 August 2022: More than a third of women (35%) cite income as their greatest asset (versus 22% of men), yet only 16% have income protection compared to 20% of men. This comes from Sanlam Individual Life’s recent survey of over 900 South Africans, which highlighted the insurance…

2 Aug 2022 2AM 16 min

ITS MY HOUSE: The property trend among SA’s middle class.

The recent steep hike of 75 basis points in the South African Reserve Bank’s repurchase rate and subsequent rise in the prime lending rate to 9% is significant for consumers and the remainder of this year will be tough for many South Africans as they struggle to cover household expenses…

2 Aug 2022 2AM 19 min

Alumo Energy: worry about solar quality installs, rather than levy rumours.

Rumours of a special new R938 levy to be imposed on electricity consumers that have installed a solar system are misleading, says solar power and battery back-up solutions provider Alumo Energy MD Rein Henkemans. He says there is no proposed special levy for solar users, but instead, Eskom has applied…

2 Aug 2022 2AM 13 min

Tech & Innovation - Tshimologong to launch video game incubation hub in SA.

In a statement, Tshimologong says South Africa has the fastest-growing gaming industry in Africa and the country’s most innovative gaming start-ups are focusing on profiting from the industry boom. The Tshimologong Incubation Hub will target mid-level to experienced game developers and support them in developing either their new or existing…

2 Aug 2022 2AM 8 min

Nedbank sees SA clean energy loans jump to R50bn.

Nedbank wants to almost double its lending to green energy projects in South Africa over the next two years as it seeks to cement its position as a market leader in funding renewable power projects. The bank’s lending toward the government’s Renewable Independent Power Producer Program — aimed at boosting…

1 Aug 2022 3AM 12 min

WEALTH CREATION: Equal pay but unequal taxes – SA women are being taxed more.

South Africa’s working women have made progress in achieving equal pay for equal work, but the financial scales are tipped against them by the country’s tax system that treats women and men equally, but with unequal results. Applying affirmative action to tax laws, to redress the disproportionate impact of VAT…

1 Aug 2022 3AM 11 min

CAREERS CORNER: Social Media and Influencer Legal Services.

In 2022, even the most pessimistic advertiser is unlikely to bet on the fact that the rise in popularity of the influencer industry is going to dissipate anytime soon. Companies are increasingly turning to social media influencers of different backgrounds and followings to market their products, campaigns and companies. One…

1 Aug 2022 3AM 15 min

SA's women are more stressed than men when it comes to money, new data shows.

South Africans with financial worries are most concerned about running out of money before the end of the month, according to DebtBusters' Money-stress Tracker. This is especially true for women, who indicated higher levels of financial stress than their male counterparts.

1 Aug 2022 3AM 20 min

A new online bartering platform, CirculateIt launches in South Africa.

New online bartering platform, CirculateIt launched on the 4th of July 2022. CirculateIt is a platform created to make life easy and convenient for people to exchange goods and services without using money in the process. The brand name says it all “Circulate it” – encouraging people to ‘circulate’ their…

1 Aug 2022 3AM 8 min