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
5,387 Episodes
4560 – 4580

International Consortium of Investigative Journalists (ICIJ)

South Africa’s banking stocks took a hit on the JSE yesterday, falling on the International Consortium of Investigative Journalists (ICIJ) investigation that has implicated major international banks in possible money laundering and probable criminal activity.
22 Sep 2020 1PM 8 min

Wealth Creation

With COVID-19 having accelerated the need for socio-economic development, sustainability and societal impact continue to gain traction and recognition among the investment management and investor communities alike. This is according to Mike Adsetts, Deputy Chief Investment Officer of Momentum Investments.
21 Sep 2020 1PM 11 min

Aviation In General And The Challenges Faced.

Finance Minister Tito Mboweni has responded to criticism of his approval of rescue funding for South African Airways with a tweet saying in politics one loses some battles if you are a team player.
21 Sep 2020 1PM 15 min

KPMG SA Agrees To Pay SARS Employees

The chair of KPMG SA says the company will contribute to reparations for current and former employees of the SA Revenue Service (Sars) who were purged by former commissioner Tom Moyane after the infamous “rogue unit” report authored by KPMG.
21 Sep 2020 1PM 6 min

The Pivot Point

Studio Yezi, an animation studio founded by Thandiwe Mlauli, officially announce their first development – South Africa’s first independently produced and women-led afro-animation which will see Thandiwe as producer, director and showrunner.
17 Sep 2020 1PM 13 min

Woolworths 65% Decline In Profits.

Retailer Woolworths on Thursday (17 September) reported a 54.5% drop in adjusted profit before tax to R2.2 billion for the 52 weeks ended 28 June 2020, citing the impact of Covid-19 on its performance in the second half of the year. Turnover declined 1.2% to R72.2 billion, while headline earnings…
17 Sep 2020 1PM 7 min

Opening Of Borders

Following President Cyril Ramaphosa's announcement that the country's borders would open to international travellers under the strictest conditions, the South African tourism sector has promised to keep these incoming travellers safe.
17 Sep 2020 1PM 8 min

MPC Announcement

The SA Reserve Bank’s monetary policy committee (MPC) left the benchmark interest rate unchanged at 3.5% on Thursday, even as it revised down its forecasts for growth in an economy still navigating its way through the fallout from the coronavirus shock.
17 Sep 2020 1PM 7 min

Plans To Nationalise The Central Bank

According to Fin24, ANC’s Paul Mashatile said plans to nationalise the central bank will shelved as the country doesn’t have massive resources to buy out bank’s shareholders.
16 Sep 2020 1PM 9 min

South African Airlines Under Distress

Desperate SA Express employees have made a daring attempt to save hundreds of their jobs with an ambitious bid to buy the state-owned airline and prevent it from final liquidation.
16 Sep 2020 1PM 6 min

How Complicit Is The Audit Industry In Corruption

In recent weeks we have seen a number of corruption scandals such as Steinhoff, VBS, Nissan, State Capture and PPE bring the conversation around the role of policy and regulation in ensuring clear and ethical business operation back to our attention.
15 Sep 2020 1PM 7 min

What Level 1 Means To The Economy

There’s talk that President Cyril Ramaphosa could soon announce the economy is moving down to Level 1 of the Covid-19 risk-adjusted strategy. If that happens, what are it emans for the economy?
15 Sep 2020 1PM 9 min

Gold Mining In Harmony Gold

Harmony Gold posted an annual loss of R828 million ($53 million) on Tuesday, stung by derivative losses caused by a weaker exchange rate, despite a boost in revenue from soaring gold prices.
15 Sep 2020 1PM 4 min

Understanding Alternative Investments

For most investors, traditional asset classes like equities, bonds and cash will make up the bulk of their portfolios. However, there are several other asset classes out there.
14 Sep 2020 1PM 12 min

Banking And Capital Markets Sector

Banks have been hit hard by the Covid-19 pandemic, with combined headline earnings falling 65.5 percent in the first half of this year compared with the same period last year, as consumers struggle to make monthly payments and grow their incomes.
14 Sep 2020 1PM 8 min

Focusing On Economy After The Release Of GDP Stats

GDP statistics were released yesterday and they showed an economy in deep recession. Growth contracted by 51% q/q seasonally adjusted and annualised (saar), much worse than the Bloomberg consensus expectations for a contraction of 47.2%.
10 Sep 2020 1PM 14 min

FNB Annual Results

First National Bank (FNB) presents its annual results for the financial year ending 30 June 2020. The Bank acknowledges that the year has been very hard for many due to an economy that was already struggling before COVID-19, escalating health risks as well as financial difficulties for both consumers and…
10 Sep 2020 1PM 13 min

Tourism Business Council of South Africa

Tourism Business Council of South Africa (TBCSA) believes the tourism industry can reignite South Africa’s ailing economy, but it has to reopen borders.
10 Sep 2020 1PM 5 min
4560 – 4580