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
2940 – 2960

Pivot Point – In conversation with Prof Lerothodi Lapula Leeuw.

Prof Lerothodi Lapula Leeuw, hails from the Kalahari. He is the first black South African to obtain a Bachelor of Science degree at the Massachusetts Institute of Technology (MIT) in the USA and one of only three black students from anywhere in the world to major in Physics there. He…
21 Jul 2022 7AM 19 min

Flight prices in South Africa might surge by as much as 400%.

South Africans planning a long-distance getaway during the 2022 December holidays might want to consider booking their flights soon. A quick analysis of flights in the country during this period shows that prices are substantially higher than during 2020 and 2021.
21 Jul 2022 7AM 13 min

Gordhan accepts Solidarity’s offer to help bring back engineers to fix Eskom.

Public enterprises minister Pravin Gordhan has written to Solidarity asking the labour union to provide a list of engineers and other workers that can assist with Eskom’s skills shortage. Gordhan’s plea comes after Solidarity chief executive Dirk Hermann sent a letter to the minister on 25 May 2022 in which…
21 Jul 2022 7AM 12 min

Unions push back against MTN’s planned takeover of Telkom.

The National Union of Metalworkers of South Africa (Numsa) says the planned buyout of telecommunications group Telkom by MTN should be rejected, warning that the privatisation of the partially State-owned enterprise (SOE) will be detrimental to the working class and the economy. Earlier in July, Telkom and MTN announced that…
20 Jul 2022 4AM 7 min

Inflation surges to 7.4% - highest in 13 years.

Statistics South Africa has published its latest consumer price index, showing that annual consumer price inflation has broken through the upper limit of the Reserve Bank’s target range for the second consecutive month. Inflation was recorded at 7.4% in June 2022, up from 6.5% in May 2022. The June rate…
20 Jul 2022 4AM 9 min

Telkom FutureMakers and how the Township Innovation Incubator Programme.

The Telkom Future Makers Township Innovation Incubator Program, launched in 2021, seeks to assist township-based ICT Social entrepreneurs with digital innovative ideas to solve social issues in their communities and broader market an opportunity to turn their ideas into viable, commercially ready, scalable and investable solutions. Seize your future with…
20 Jul 2022 4AM 12 min

LEGALLY SPEAKING: Taxpayer confidentiality - different courts, different rules.

Recent cases relating to taxpayer confidentiality, notably the tax affairs of public figures like former president Jacob Zuma, raise questions around the jurisdiction of the Tax Court and whether it could be broadened. This may not only address the question of confidentiality but also lighten the burden of the high…
20 Jul 2022 4AM 14 min

EKASINOMICS: Young entrepreneurs now global designers.

Starting with a basic stitch on an old sewing machine passed down to her by her mother, a young woman and her business partner, both from Joe Slovo Township in Nelson Mandela Bay, have managed to grow their business to such an extent that they now supply several fashion items…
20 Jul 2022 4AM 13 min

How local small businesses can compete with Amazon.

Online retail giant Amazon.com plans to launch ecommerce operations in South Africa in 2023, according to leaks shared by US publication Business Insider. For local small businesses, this will impact margins and market share when it comes to making online sales – particularly for those who are new to the…
20 Jul 2022 4AM 10 min

Expect a big interest rate hike this week: economists.

South African businesses and consumers should plan for a big interest rate hike this week – with more to come in the months ahead, economists warn. The South African Reserve Bank’s monetary policy committee is set to meet this week, with analysts still waiting for Statistics South Africa to publish…
19 Jul 2022 4AM 11 min

Old Mutual will not reinstate fired unvaccinated staff.

Old Mutual says it will not follow Standard Bank’s lead in reinstating staff it fired for refusing to comply with its mandatory Covid-19 vaccination policy, even though it scrapped the workplace safety rule in June. The Cape Town-headquartered insurance and investment firm is digging in its heels despite demands by…
19 Jul 2022 4AM 11 min

STATS SA on the latest Non-financial census of municipalities.

Thirty-seven municipalities around the country are still making use of bucket toilets as a form of sanitation, according to a new report by Statistics South Africa. Statistician-general Risenga Maluleke released the results of the non-financial census of municipalities for the financial year 2019/ 2020. The report, which was released on…
19 Jul 2022 4AM 11 min

The one reason there won’t be many jobs created in SA.

Like many South Africans I did a double-take last week when I read the headlines: Thulas Nxesi wants to create two million jobs before the elections in 2024. It didn’t help that I was sitting in the dark at the time, but the minister of employment and labour’s target did…
19 Jul 2022 4AM 14 min

SA-made prepaid medical card for private treatment, without health insurance.

A prepaid medical card launched two years ago has gained favour among South Africans who desire prompt and efficient treatment but can't afford health insurance. South Africa's public healthcare system is strained. State-run hospitals and clinics are ill-equipped – lacking staff and equipment – to deal with the rising demand…
19 Jul 2022 4AM 10 min

What Sasol's shut down of Natref refinery means for fuel supply and costs in SA.

Sasol, South Africa’s largest fuel producer, declared force majeure on the supply of petroleum products due to delays in deliveries of crude to the Natref refinery it owns with TotalEnergies SE, leaving just a fraction of the country’s fuel-production capacity still operational. Natref, a 108 000 barrel-a-day plant, was forced…
18 Jul 2022 4AM 16 min

Insurers hit by rocketing power surge damage claims as load shedding drags.

According to Anneli Retief, head of Dialdirect Insurance, the daily occurrence of load shedding in SA is much more than just a major inconvenience. Philippa Wild, head of commercial underwriting at Santam, says Santam has also seen a significant increase in claims for damage to sensitive electronic items due to…
18 Jul 2022 4AM 6 min

Here's what MTN's proposed Telkom takeover deal could mean for SA's telecoms sector.

MTN on Friday stated its intention to buy out its partially state-owned competitor Telkom, a move that sent the share price of the former fixed-line operator rocketing. If the deal is concluded, it could have major implications for telecommunications. While Vodacom retains the largest mobile market share, MTN is currently…
18 Jul 2022 4AM 15 min

South Africa rooibos tea industry pays out to indigenous people.

South Africa’s rooibos tea industry paid R12.2 million ($716,000) to groups representing indigenous people in the country, part of a benefit-sharing agreement to recognize the original cultivators of the plant. A levy of 1.5% of the farm gate price of the herbal tea will be paid into a trust each…
18 Jul 2022 4AM 7 min
2940 – 2960