Kaya Biz

Welcome to the dark web – where a hacked Netflix account sells for the same price as a South African passport.

Cybersecurity company NordVPN has analyzed one of the dark web markets with total illegal sales reaching R270.4 million to date – showing that South African passports are the fourth cheapest globally. According to the group’s findings, you can buy a South African passport or ID card for as little as…

9 Jun 2022 4AM 8 min

IMF sends warning to South Africa – stop ‘saying’ and start ‘doing.’

The International Monetary Fund (IMF) says that South Africa’s economy should be benefitting from a commodity price boom – but instead, it is frozen in a low-growth climate due to slow reform and policy integration from the government, and persistent problems with state-owned companies. The global financier warned that South…

8 Jun 2022 4AM 8 min

What businesses in South Africa are worried about right now.

Despite a significant drop in Covid-19 infections and the relaxation of lockdown restrictions, business confidence in South Africa remains in a rut. This is according to the latest RMB/BER Business Confidence Index (BCI) which dropped from 46 to 42 in the second quarter – a similar level to that recorded…

8 Jun 2022 4AM 11 min

INSIDE YOUR BUSINESS: What does it take to survive your first 1000 days as a start-up.

The process of enterprise creation is a long one. But a structure does seem to work well, if followed rigorously. I feel that the following steps will stand a young first generation entrepreneur in good stead, as she tries to build her enterprise from scratch. The least it will do…

8 Jun 2022 4AM 15 min

Legally Speaking - Ending Covid vaccine mandates at work in SA - What you should know.

A growing number of businesses in South Africa are weighing up the decision to continue with mandatory Covid vaccine policies or abandon them altogether. This issue is currently governed by the ‘Code of Practice: Managing Exposure to SARS-COV-2 in the Workplace’, which took effect after the national state of disaster…

8 Jun 2022 4AM 15 min

EKASINOMICS: From selling meat in his mobile braai stand to owning a butchery.

Sizwe Sekgopi, our featured guest - is a proud owner of Sizwe Grills & Butchery, which started off as him selling meat from a mobile braai stand moving from event to event. He mustered some strength and opened a butchery from the mobile braai stand. He joins us as our…

8 Jun 2022 4AM 17 min

TEPA warns consumers of fake car parts flooding the market.

Reports of illegal automotive parts surfacing in the market, including a recent haul of R5m in fake bearings at a Johannesburg warehouse, have sparked concern about the dangers associated with using inferior parts. The fake bearings, which were being sold to motorists under the guise of genuine NSK products, were…

8 Jun 2022 4AM 11 min

TECH & INNOVATION: World-first safety app works to keep women and other vulnerable groups in South Africa safe.

For the last eight years, Sibusiso Mbhele and his team have been hard at work developing a revolutionary safety application in South Africa. Now after penty of challenges, highs, and lows, Mbhele, and his team believe they have finally created the ultimate safety a[[ that they hope will keep women…

7 Jun 2022 4AM 12 min

Anyone can be subjected to a Sars lifestyle audit – here’s what to expect.

Lifestyle audits have been a part of the South African lexicon for several years. Recently, the government has threatened a wide-spread implementation of lifestyle audits for public-sector workers in an attempt to crack down on fraud and corruption. Eskom’s new CEO Andre de Ruyter, has also extended lifestyle audits -…

7 Jun 2022 4AM 17 min

ITS MY HOUSE: All you need to know about Bond Protection Insurance – The Pros and Cons.

Home loan protection insurance can be an ideal solution to protect yourself, and your propeerty, against economic emergencies. While no one wants to contemplate a future in which they are unable to take care of their monthly bills, home loan protection insurance provides before deciding as to whethjer it is…

7 Jun 2022 4AM 14 min

How much cash are you allowed to hold in your house?

A traveller is allowed to declare and carry a maximum of R25 000/unlimited foreign currency, whether leaving or entering. The South African bank notes is unlimited if the traveller is going to / coming from a country within the Common Monetary Area (CMA). It might happen that a South African…

7 Jun 2022 4AM 13 min

Africa PMI figures reveal growth concerns - Africa Markets Insider report.

As inflationary pressures continue unabated across the continent, businesses must contend with higher input costs. The latest PMI data shows that business conditions have deteriorated throughout the continent in May, with output falling and general demand waning. PMI is below the 50 mark in most markets, barring Nigeria and Mozambique…

7 Jun 2022 4AM 8 min

South Africa’s GDP returns to pre-pandemic levels, increases 1.9% in first quarter.

South African gross domestic product (GDP) returned to pre-pandemic levels after expanding by 1.9 percent in the first quarter of 2022, representing a second consecutive quarter of upward growth. This GDP growth was more than expected and well above market estimates of a 1.2 percent rise following an upwardly revised…

7 Jun 2022 4AM 14 min

How Many People Can Afford To Retire in South Africa?

Financial services group Just SA has published its retirement survey for 2022, showing an increasing number of South Africans are unsure if they can afford to retire at all. Bjorn Ladewig - Head of Distribution at Just SA joins to discuss.

6 Jun 2022 12PM 6 min

Looking at the business opportunities in the aviation industry

It’s all systems go for hosting of the International Flight Inspection Symposium! Ahead of the 5-day symposium, to be hosted for the first time in Africa, the South African Civil Aviation is proud of this milestone and is excited at the prospects it promises to connect local entrepreneurs to the…

6 Jun 2022 12PM 12 min

Careers Corner: Surviving And Thriving Under a Toxic Boss

Your relationships at work are extremely important to your mental health. You spend as much (if not more) time at your job than anywhere else, so getting along with your coworkers and your boss is crucial to your overall happiness. But unfortunately for some, that’s not always the case. Some…

6 Jun 2022 12PM 25 min

Does investing in art (and other collectables) make financial sense?

So, is art collecting a valid investment strategy? The truth is, it depends. Collecting may not be right for everyone, and your knowledge about collecting, the art market, and investing all play a factor. Answering these seven questions will help you determine if art collecting is a smart investment for…

6 Jun 2022 12PM 10 min

South Africa’s municipalities are on the brink of collapse

The latest findings from ratings agency, RatingsAfrika, show that six of South Africa’s eight major metropolitan municipalities are financially unsustainable and need critical government intervention. Charl Kocks – Ratings Afrika Principal rating officer discusses this with us.

6 Jun 2022 12PM 6 min

Taxi Industry call on COSATU to join National Shutdown over the hiking fuel prices

Two of the country’s biggest taxi associations, the National Taxi Alliance (NTA) and SANTACO are lobbying trade union COSATU and other civic groups to join a national shutdown over the spiralling fuel price.

6 Jun 2022 12PM 9 min

PIC suspends its COO for alleged misconduct.

South Africa’s Public Investment Corp, the continent’s biggest fund manager, said it suspended Chief Operating Office Vuyani Hako pending an investigation into allegations of misconduct against him. The Pretoria-based PIC, which released a statement on Hako’s suspension on Thursday, didn’t give details of the allegations. Separately, Lusanda Kali, the acting…

2 Jun 2022 5AM 9 min