Kaya Biz

Online Education

International EdTech company, Crimson Education, has launched a private online high school – the Crimson Global Academy (CGA) – in South Africa. The CGA will offer international qualifications including the International General Certificate of Secondary Education (IGCSE) and A-Levels, the group said

21 Jul 2020 1PM 7 min

Government Extends TERS Benefit By 6 Weeks

The government has decided to extend its Covid-19 relief scheme for workers for an extra six weeks until August 15. The National Economic Development and Labour Council (Nedlac) is also apparently finalising a plan to extend the Temporary Employer/employee Relief scheme (Ters) for three months from July to September for…

21 Jul 2020 1PM 6 min

Wealth Creation Or Stokvels In Times Of A Pandemic (Corona)

The annual StokvelEx event (owned and hosted by Seven Colors Communications - youth co) is aimed at creating platforms for fostering economic inclusion and social cohesion through stokvels, a hidden economy that has been around since 1932.

20 Jul 2020 1PM 11 min

The Impact Of Covid-19 On Unemployment Across The Globe

Unemployment across the globe is at an all-time high due to the effects of Covid-19 and millions of people have lost their jobs as industries struggling to stay afloat during the pandemic – shut down.

20 Jul 2020 1PM 7 min

Economic Implications of High Inflation Rates

Inflation has become a bugbear as uncertainty about local supply chains, rising job losses and falling real interest rates discourage capital importation and foreign direct investment (FDI).

20 Jul 2020 1PM 7 min

Businesses Under Financial Pressure During The Covid-19 Lockdown

Ricardo da Casto's hospitality business the Altitude Beach Café in Fourways has also had their Business Interruption repudiated by their insurer, which is direct in defiance of the FSCA ruling that compels insures to pay out business interruption claims in terms of the COVID pandemic.

20 Jul 2020 1PM 6 min

The Pivot Point

Mmabatho Maboya has come a long way, from working on the shop floor of a computer company to being at the helm of the Cyril Ramaphosa Foundation (CRF). Maboya is passionate about supporting disadvantaged communities and black entrepreneurs and this became evident as our interview with her progresses.

16 Jul 2020 1PM 15 min

Update On SAA

The South African government has provided its commitment to support and source the funding of R10.3 billion needed to restructure South African Airways (SAA).

16 Jul 2020 1PM 6 min

Follow Up On TFG's Jet Deal

TFG shareholders have almost unanimously approved a R3.95bn rights offer at R41.90 per share, representing a discount of more than a third.The rights offer will consist of an offer of some 94-million shares, in the ratio of 40 rights offer shares for every 100 ordinary TFG shares held.

16 Jul 2020 1PM 8 min

Inside Your Business - Riversands Incubation Hub

CEO of Riversands Incubation Hub, Tafadzwa Madavo shares how Covid-19 has impacted work at Riversands Incubation Hub and the survival strategies he is sharing with their entrepreneurs.

15 Jul 2020 1PM 13 min

Access To Financing For SME's During Covid-19

A survey done by the Southern African Private Equity and Venture Capital Association (SAVCA) among its members recently found that only 28% of those who applied for funding got the loans and drew down on a facility.

15 Jul 2020 1PM 11 min

Alcohol Ban Putting Pressure On Agricultural Commodities, Small Scale Farmers To Be Hit Hard

President Cyril Ramaphosa announced the ban of alcohol sales on Sunday night, with immediate effect, in response to rising Covid-19 infections in the country.

15 Jul 2020 1PM 6 min

The Consumer Price Index

South Africa’s annual consumer price inflation fell to its lowest reading since September 2004, dragged lower mainly by falling fuel prices, according to data from Statistics South Africa. The Consumer Price Index (CPI), which measures the prices of a range of consumer goods and services, increased by 2.1% in May…

15 Jul 2020 1PM 7 min

Allan Gray

Do you have an emergency fund? One thing the current pandemic has highlighted is that life, doesn’t always go according to plan – and this often means we have to shell out money when we are least prepared for it.

14 Jul 2020 1PM 14 min

Is Entertainment App TikTok Safe?

TikTok has become one of the world’s most popular apps by serving up a steady beat of lip-syncing videos and viral memes. But behind the scenes the company, owned by one of China’s biggest tech firms, is also scooping up massive amounts of data on its users and tracking their…

14 Jul 2020 1PM 8 min

SAA Update

More than six months since troubled South African Airways (SAA) went into voluntary business rescue, the plan to restructure the airline has been given the green light by 86% of its creditors.

14 Jul 2020 1PM 7 min

Mining Production Declined In May

Mining production fell 29.8% year-on-year in May, according to Stats SA, but far less than in April. Annual mining output declined in May, though not at the record-breaking pace reported in the previous month, as SA moved into lockdown level 4 and more operations returned to production.

14 Jul 2020 1PM 6 min

Wealth Creation

Professional and institutional investors wishing to gain exposure to different sectors, asset classes such as equities, commodities or government bonds are encouraged to use Exchange Traded Funds (ETFs) via Africa’s largest stock exchange, the JSE.

13 Jul 2020 1PM 12 min

The Foschini Group Wants To Buy Jet

The Foschini Group (TFG) has entered into an agreement to buy certain commercially-viable stores and selected assets of Jet, a clothing retail division of embattled Edcon, for a cash purchase consideration of R480 million.

13 Jul 2020 1PM 9 min

SACCI - Zambia And SA Business Relations

SACCI recently hosted a virtual trade mission between SA and Zambia - in light of covid19, the lockdown and improving trade conditions, what was discussed and what new developments took place.

13 Jul 2020 1PM 9 min