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
5,382 Episodes
4280 – 4300

SARS Looking For Crypto-Currency Income Tax

Some South Africans who have bought cryptocurrencies in recent years are being audited by the South African Revenue Service (SARS), who has sent them letters requiring more information about these investments.
16 Mar 2021 12PM 7 min

Is It Going To Be A Dark And Cold Winter For South Africans?

Over the next five years Eskom is expected to have an electricity supply shortage of 4 000 megawatts (MW). However the shortfall could increase as the economy grows, according to the power utility’s chief executive André de Ruyter.The power utility, which is currently implementing Stage 2 load shedding, has warned…
16 Mar 2021 12PM 8 min

SA’s Current Favourite Bank

Gugulethu unpacks the latest 2020 South African Customer Satisfaction Index for banking conducted by research group Consulta. She is joined on the line by Consulta’s Head of Customer Insights, Ineke Prinsloo.
16 Mar 2021 12PM 6 min

Wealth Creation - Consumption vs Savings

According to Etienne Le Roux, RMB Chief Economists, disposable income still contracted by R35bn, to R690bn in the second quarter: What does this say about SA households?
15 Mar 2021 1PM 11 min

Pick n Pay Agrees To Cap Some Prices

Pick n Pay has signed a memorandum of agreement with the Competition Commission to cap its gross profit margin on garlic and ginger, amid investigations into alleged price gouging at South African retailers. Pick n Pay has also instructed its franchise stores to not price these items higher than the…
15 Mar 2021 1PM 10 min

Mr Price Buys Yuppiechef

Durban-based clothing and home retail giant Mr Price Group announced it has entered into an agreement to purchase 100% of the issued share capital of local online kitchenware pioneer Yuppiechef. Investment analyst Chris Gilmour shares insights on what this deal mean.
15 Mar 2021 1PM 8 min

Unpacking Sanlam Results With CFO, Abigail Makhubo

Sanlam, Africa’s largest insurance group, reported a 60% slump in profit in its 2020 fiscal year as the Covid-19 pandemic wreaked havoc in all the markets in which it operates, offsetting admirable growth in new business volumes.
11 Mar 2021 12PM 10 min

Domestic Workers Can Claim For On-The-Job Injury/Illness

Domestic workers in South Africa who suffer injury or contract an illness at work now have a practical mechanism to apply for compensation, after the Compensation Fund commissioner Vuyo Mafata gazetted new term.
11 Mar 2021 12PM 7 min

Tourism Sector Open/Where Can People Go Visit?

Tshifhiwa Tshivhengwa , Chief Executive Officer at the Tourism Business Council of South takes us through current performance of tourism sector and how it’s planning to open.
10 Mar 2021 11AM 6 min

MTN Results

MTN Group has reported a strong set of results for the 2020 financial year, adding 29 million customers, growing adjusted headline earnings per share by 52% and more than doubling operating cash flow to R28.3-billion. Jonathan Tullett , research manager, IT services for IDC sub-Saharan Africa unpack this financial performance…
10 Mar 2021 11AM 7 min

THE THREAT OF FRAUD IN THE REAL ESTATE INDUSTRY

Despite all the conveniences that technology brings, a new digital world presents new digital threats – especially when it comes to cybercrimes. Real estate transactions usually involve daily transfers of large sums of money. These transactions are particularly vulnerable to phishing scams, which are up 350% since the pandemic began.
9 Mar 2021 12PM 9 min

GDP SHRINKS TO 7%

South Africa’s economy contracted the most in a century in 2020 as restrictions to curb the spread of the coronavirus pandemic ravaged output and disrupted trade. GDP shrank 7%, compared to a 0.2% expansion in 2019, according to a report released by Statistics South Africa on Tuesday. That’s the biggest…
9 Mar 2021 12PM 5 min

Tariffs push up chicken prices

When poultry import tariffs were introduced in 2020, the South African National Consumer Union warned that these tariffs would push up chicken prices - a prediction that has come true. A bag of Individual Quick Frozen (IQF) chicken portions has risen from R63.87 to R77.61 - an increase of 9%…
8 Mar 2021 12PM 9 min
4280 – 4300