Kaya Biz

SA Consumers Still Sinking Deeper in Debt

South African consumers are sinking deeper into debt. The overall debt to annual net income ratio across all income bands reached its highest level ever at the end of 2021, according to the latest DebtBusters report.

1 Feb 2022 11AM 18 min

It’s My House: What Is The Property Practitioners Act?

As of today, the 01st of February 2022, the Property Practitioners Act (PPA) comes into effect replacing the outdated 1976 Estate agency affairs act 112, including positive changes that will protect and benefit consumers as well as the property industry as a whole. But what does that mean for us?…

1 Feb 2022 11AM 18 min

Old Mutual Wins Against Peter Moyo

Old Mutual has succeeded in having the R250m damages claim lodged against it by former CEO Peter Moyo thrown out with costs, due to a lack of evidence that it had done anything wrong. To give us more details on the case, we are joined by Tabby Tsengiwe, General Manager…

1 Feb 2022 11AM 5 min

Foreign Truck Drivers Planned Strike For This Week

A stay away by foreign drivers is planned for this week but the association said that there were no demonstrations on Monday. The drivers want to protest over the attacks by locals who want them to be replaced by South Africans.The Road Freight Association said that contingency measures were in…

1 Feb 2022 11AM 9 min

Home Automation Trends In 2022

Dr Andrew Dickson Executive: Engineering at CBI Electric joins us to discuss the rise in home automation and why it’s becoming so popular, some of the top home automation trends in 2022, and how South Africans can automate their homes.

1 Feb 2022 11AM 5 min

Let’s Talk Innovation: SA Post Office Launches an Online Car License Renewal

The South Africa Post Office has launched an online service for the renewal of motor vehicle licences from any online device. The full renewal process, including payment, will be done online, leaving only the last step of accessing the actual disc. Nomkhitha Mona, CEO of the SA Post Office speaks…

1 Feb 2022 11AM 13 min

How To Register Your Side Hustle

The Covid-19 pandemic has ignited a spirit of entrepreneurship which has led to an increase in the number of resilient South Africans starting side hustles, either to supplement their income, or create an additional source of income. Once your next big business idea has been identified or even tested, the…

31 Jan 2022 11AM 13 min

New Wave Of Fraud Targeting Bank Customers

Fraud continues to pose the risk of serious financial losses for banking customers. All indicators are pointing towards the fact that there are new scams and an increasing number of the victims. Kwanda Vabaza , Adjudicator at Ombudsman For Banking Services gives us tips about what to watch out for.

31 Jan 2022 11AM 9 min

Wealth Creation: Changes To The Average South African Household’s Consumer Price Index (CPI) Basket Of Goods

The average South African household is consuming more goods and services and is still spending most of its money on housing, food and transport. That is according to Statistics South Africa's newly published changes to the average South African household’s Consumer Price Index (CPI) basket of goods and the new…

31 Jan 2022 11AM 12 min

How Cloud Tech Can Help Small Businesses Better Manage Their Finances

Technology is key to helping small businesses grow, and therefore improve our overall economic outlook in a post-covid world. Cloud accounting platforms take away the stress of year end and will give your business peace of mind. It can help free businesses to focus on the most important things. Colin…

31 Jan 2022 11AM 13 min

Is This the End Of Old Mutual’s Peter Moyo Battle?

After two weeks of hearings, the Gauteng Local Division of the High Court on Monday found in favour of Old Mutual in dismissing the damages case brought against it by former CEO Peter Moyo. In his judgment, the Honourable Mr Justice Wright found that Mr Moyo had failed to produce…

31 Jan 2022 11AM 8 min

Careers Corner: How to Monetize Your Skills

Human beings are multifaceted and so should your career journey. Monetising your career is rooted in the concept of viewing yourself as a business rather than an employee. Organisations are no longer looking for employees, they are looking for partners that can help them realise their overall strategy and increase…

31 Jan 2022 11AM 20 min

Pivot Point: Lulu Rasebotsa CEO Of Life Insurer FMI, A Division Of Bidvest Life

Experienced financial services industry leader Lulu Rasebotsa joined life insurer FMI, a division of Bidvest Life, as its first female chief executive in October 2021. She joined FMI from Liberty Life Botswana, where she was managing director for the past 10 years. We discuss her passion for the financial industry,…

27 Jan 2022 11AM 12 min

Understanding the interest rate hike

The repo rate has increased by 25 basis points to 4%. Reserve Bank Governor Lesetja Kganyago today announced the MPC's decision in Pretoria. He said inflation was a problem driven by higher oil and food prices. To discuss the recent hike, we speak to Mpho Molopyane, an RMB Economist.

27 Jan 2022 11AM 10 min

What’s next for matrics?

Following the release of the 2021 matric results, young people across South Africa are considering their options. Between a record-high unemployment rate and limited capacity universities, matriculants eager to join the workforce right away, need to be creative when it comes to finding a job. To discuss what is next…

27 Jan 2022 11AM 10 min

Inside Your Pocket: What are waiting periods and why do medical schemes and gap cover providers have them?

When you join a medical scheme or gap cover, it is important to understand that waiting periods may apply to the cover. These depend on how long of a break there has been in your cover as well as how long you have had cover for, along with other factors…

27 Jan 2022 11AM 17 min

Interest Rates Hike And Home Loans: How much more you will pay on your bond after the latest interest rate hike

For most homeowners with bonds, the interest rate hike announced by the Reserve Bank today will mean paying extra on their monthly repayments. Mfundo Mabaso, FNB Home Finance Growth Head tells us how much more we can expect to pay on our bonds after the latest interest rate hike.

27 Jan 2022 11AM 5 min

What the latest interest hike means for indebted South Africans

The latest increase in the repo will no doubt have dire consequences for South Africans who are already struggling to pay off debt. An increased repo rate also means an increased cost of living, especially for South Africans who are paying bonds and have been reaping the benefits of an…

27 Jan 2022 11AM 19 min

What the Telkom SIU Case Is All About

Telkom's adventures into African markets have come back to haunt it with President Cyril Ramaphosa ordering the Special Investigating Unit (SIU) to probe some of the investments undertaken by the company in parts of continent over 13 years ago. Jon Tullett, Senior Research Manager at IDC SA.

26 Jan 2022 11AM 14 min

Inside Your Business: You Can Now Dismiss An Employee If They Refuse A Covid-19 Vaccination

As you are probably aware, yesterday the CCMA delivered a landmark decision in the ongoing debate surrounding COVID-19 vaccinations in the workplace. An employee took their former employer to the CCMA as the employee had been dismissed for employee for incapacity as they had refused a COVID-19 vaccination. The Commissioner…

26 Jan 2022 11AM 14 min