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
4320 – 4340

Sasol has abandoned plans for a rights issue

Sasol published its latest results on the JSE, which showed that the group’s total debt at the end of its interim period stood at R126.3 billion, compared to R189.7 billion as of June 30, 2020. Paul Victor, Executive Director and Chief Financial Officer take us through the results.
22 Feb 2021 11AM 11 min

NSFAS stops funding certain qualifications

NSFAS is trending on Twitter because they issued a circular to Universities with an intention to review funding of certain qualifications. Columinist Nkanyiso Ngqulunga twitted about this and he’s on the line to help us understand what exactly is happening with NSFAS and what this means for some of the…
18 Feb 2021 12PM 9 min

GOVERNMENT DEPARTMENTS & MISUSING PEOPLE’S FUNDS

Government officials unlawfully enriched themselves through the Unemployment Insurance Fund (UIF) Covid-19 Temporary Employer-Employee Relief Scheme (Ters). Gugulethu and David Loxon; attorney and forensic investigator discuss states ability to monitor public expenditure.
18 Feb 2021 12PM 8 min

INSIDE YOUR BUSINESS: RATIRELO MOTHOBI AND THURSTAN MOODLEY OF KHUMOVEST

Khumovest launched the Khumovest Private Equity Fund I, which is a Private Equity Fund that is focussed on making equity capital investments into small and mid-cap companies operating within South Africa. Khumovest was established in 2015 by Mr. Ratirelo Mothobi, CA(SA) and Mr. Thurstan Moodley, CFA and is a 100%…
17 Feb 2021 12PM 11 min

Why they ask for your payslip before making you an offer?

Following many retrenchments, we saw because of the pandemic and businesses shutting down during, majority of people are currently looking for new jobs. And one of the things some employers or recruiters ask for before making an offer is your payslip but is this a fair practice? PHIONA MARTIN, REGISTERED…
17 Feb 2021 12PM 7 min

Retirement fund rule reforms

Several retirement fund rule reforms will come into effect on 1 March 2021, also known as T-Day. These new rules will not only standardise how benefits can be accessed across different funds at retirement but will also facilitate the phasing out of emigration for purposes of exchange control. MOGOLA MAKOLA,…
17 Feb 2021 12PM 11 min

SAA receive R5billion bailout

South African Airways (SAA) has received a further R5 billion from the Department of Public Enterprises to help make severance payments to laid-off staff as part of its rescue plan, administrators of the plan.
16 Feb 2021 12PM 9 min

Eskom tariff hike to 15%

South Africans are in for a hefty rise in the price of electricity, as the National Energy Regulator of South Africa (Nersa) has agreed to Eskom increasing its tariff by over 15% for the 2021/22 financial year. HASHA TLHOTLHALEMAJE, ESKOM GENERAL MANAGER speaks to Gugulethu
16 Feb 2021 12PM 6 min

SA CURRENCY TURNS 60

The rand was first introduced as a currency in South Africa on 14 February 1961, the year that the country became a republic and Queen Elizabeth ceased to be head of state. South African Reserve Banks takes us through the history of currency.
15 Feb 2021 12PM 8 min

AFRICA MARKETS

With concerns of rising debt levels and potential defaults on the continent, which economics appear to be more at risk? RMB Economist, Daniel Kavishe explains
15 Feb 2021 12PM 7 min

KPMG TO END CONSULTING SERVICES FOR SOUTH AFRICAN LISTED CLIENTS

KPMG will become the nation’s first major auditor to stop offering consulting services to listed clients in an attempt to further rebuild confidence in the firm's operation. CEO Ignatius Sehoole shares KPMG SA plans to regain trust from the public.
15 Feb 2021 11AM 8 min

The Pivot Point guest: Maphum Nxumalo, CEO og Gijima Technology

Mr. Maphum Nxumalo was appointed as GCEO of Gijima Technology People in February 2020. He joined Gijima in 2014 as the Chief Operations Officer (COO), coming from T-Systems and has over 40 years of experience in the ICT industry. At T-Systems, he was the Executive Director on the board of…
11 Feb 2021 12PM 10 min

Why are skilled people leaving SA?

According to reports, South Africa is currently experiencing a massive brain drain, with educated and skilled individuals leaving the country every year to live and work overseas. MARISA JACOBS, immigration specialist and DIRECTOR AT XPATWEB explains this brain drain and what government can do about it.
11 Feb 2021 12PM 5 min

KEY THINGS TO WHATCH IN SONA 2021

Associate Professor Tshepo Mongalo Wits Business School and School of Law, Wits University takes us through key things to watch in SONA 2021
11 Feb 2021 12PM 9 min

USING BEE FOR COVID-19 VACCINE ROLL-OUT

Is it fair? Using this for black empowerment? Trade union Solidarity late January wrote to the World Health Organisation raising concerns around the South African government’s plans to promote black empowerment through the rollout of vaccines.
10 Feb 2021 12PM 7 min
4320 – 4340