Kaya Biz

Chris Gilmour, Investment Analyst

Mr Price Group Ltd. is closing its Nigerian business after volatility in the West African market and as the retailer favors a stronger focus on its home market of South Africa.

30 Jun 2020 12PM 6 min

Isaah Mhlanga, Exexutive Chief Economist Alexander Forbes

South Africa’s first-quarter expenditure on gross domestic product (GDP) contracted by 2.3% in quarter-on-quarter terms after contracting by 1.2% in the fourth quarter of last year, the statistics agency said today.

30 Jun 2020 12PM 8 min

Mpume Ngobese, MD Of Advertising Joe Public Connect (Digital Agency) And Ikamva Lakusasa Co-Founder

Joe Public United announced, this week, its biggest transformational deal - which will see the brand and communications agency become the largest black-owned independent agency in South Africa. The transaction sees three senior agency executives Khuthala Gala Holten, Xolisa Dyeshana and Ngobese acquiring 26% through a newly created company, Ikamva…

29 Jun 2020 12PM 10 min

Savanna Stephens, Senior Associate (Corporate And Data Protection) At A Legal Firm DLA Piper

Seven years since the enactment of POPIA, President Cyril Ramaphosa issued a statement 22 June 2020 confirming that POPIA will finally come into force on 1 July 2020, with the exception of some provisions coming into force on 30 June 2021

29 Jun 2020 12PM 6 min

Basani Maluleke, African Bank CEO

African Bank says its 2020 interim results have been adversely impacted by a worsening South African economic outlook, and the national lock down that began in March 2020 to contain the spread of Covid-19 across South Africa.

24 Jun 2020 12PM 9 min

Zwelodumo Mabhoza, Founder And Director Of Priority Tax Solutions

Finance Minister Tito Mboweni in his emergency budget speech laid out his proposed roadmap to stabilise debt, by improving the country’s spending patterns in order to create a foundation for economic revival post-Covid-19. This will be a tough ask though, as projected total consolidated budget spending, including the cost to…

24 Jun 2020 12PM 8 min

Refiloe Rantekoa, Founder Of Borotho Bakery Enterprise

Baking and selling bread is a lucrative business in the townships and that's exactly why Refiloe Rantekoa regards his enterprise as his "gold mine". Founded about 5 years ago, Borotho Bakery Enterprise is in White City, Jabavu, Soweto, run by Rantekoa

17 Jun 2020 12PM 10 min

Dr Iraj Abidian, CEO Pan-African Investment And Research Service

Four bankers, two officials from the Public Investment Corporation (PIC), a KPMG auditor and a lieutenant-general in the South African police have been arrested in connection with their instrumental role in the theft of over R2,7-billion from VBS Mutual Bank, a bank mainly catering for the poor. This group includes…

17 Jun 2020 12PM 6 min

Marcel Von Aulock Ceo Of Tsogo Sun Hotels

As the nation is settling into the new norm of level 3 covid-19 restrictions and economic activity increases hotels are reopening its doors with Tsogo Sun also which opened on Wednesday 10 June, welcoming business travelers across the country.

17 Jun 2020 12PM 8 min

New Initiative To Help Youth Enhance Their Digital Skills

This interview is about an initiative that Impact Amplifier and Google have launched in South Africa. Based on research, the initiative was started to bridge the large gap between digital skills training and job placement, and the knowledge that young people can be upskilled quickly in the tech sector if…

16 Jun 2020 12PM 10 min

Youth Unemployment

Khaya Sithole, Resident Analyst &Sifiso Skenjana, Chief Economist And Thought Leadership Executive At Iq Business talk about June 16, a day set aside not only to commemorate the youth who were killed while marching for their right to education in 1976, but to shine the spotlight on youth today and…

16 Jun 2020 12PM 19 min

Debt counselling, debt review and debt consolidation: What they are and which option is better.

conomists have predicted a jobs bloodbath of over seven million in the country which will push many into debt, degrading their credit profiles. Small and medium-sized businesses would also struggle to get back on their feet, while banks would find it hard to grant loans due to junk status. Surveys…

15 Jun 2020 12PM 8 min

What it means when a company unbundles its shareholding in a business?

Remember in April PSG Group confirmed that its board “is in the process of investigating, and is seriously considering, the potential unbundling of some or all of its shareholding in Capitec Bank Holdings”. This followed a week of speculation following its initial unspecific cautionary announcement published following its results announcement…

15 Jun 2020 12PM 5 min

How Chappies Bubblegum Can Help You Understand Inflation

Kondi Nkosi, South Africa Country Head At Global Asset Manager, Schroders talks As the world continues to adapt to a new world order in response to the Covid-19 pandemic, young investors are embracing investing, this following the initial Coronavirus market havoc the pandemic is wreaking crash. A recent study, Investing…

15 Jun 2020 5AM 10 min

Pivot Point:Sipho Mosai, Chief Executive Officer At Rand Water

Sipho started his career as a Senior Technician at the University of Zululand. He then moved to the Department of Water Affairs and Forestry (DWAF) where he worked in various divisions including water quality management and water conservation management at regional and head office. After DWAF, Sipho worked at Mhlathuze…

11 Jun 2020 12PM 9 min

Fiscal policy impacts monetary policy

According to Thabi leoka, There is a lot of talk about the role and the mandate of the SA Reserve Bank and emotions seem to rise when the economy is in a rut and solutions prove elusive. Critiques of the bank are plentiful but orchestrated reaction and co-ordinated attacks ring…

11 Jun 2020 12PM 12 min

Entrepreneurs On The Move: Njabulo Ngcobo, Managing Director At Ngcobo Molapo Logistics (Nm Logistics)

Njabulo Ngcobo, born and raised in a township just outside of Durban called Inanda is deeply passionate about Africa and believes that with the right opportunities for its people, business environment and African leadership it can reach its full potential. Njabulo studied Sport Sciences at the University of Pretoria before…

10 Jun 2020 12PM 6 min

Multichoice Results

Africa’s largest pay-TV group MultiChoice reported its first full-year profit as a stand-alone company on Wednesday, in the middle of a range it forecast last week. The company, which serves 19.5 million households in 50 countries on the continent, was spun off by parent company Naspers last year, and initially…

10 Jun 2020 12PM 6 min

Business Confidence In South Africa Fell To Its Lowest Level Ever Recorded

Mpho Molopyane , Rmb Sa Economist talks about In the second quarter of this year, Business Confidence In South Africa Fell To Its Lowest Level Ever Recorded on the RMB/BER Business Confidence Index, which started in 1975. The previous lows were registered during the third quarter of 1985 and the…

10 Jun 2020 12PM 8 min

Does IMF Really Help Africa’s Developing Countries?

Dr Thanti Mthanti, Enior Lecturer At The Wits University's Graduate School Of Business Administration talks about The International Monetary Fund (IMF) on Friday said it had reached a staff-level agreement with Egypt for a one-year, 5.2 billion U.S. dollars standby loan to help the North African country grapple with the…

10 Jun 2020 12PM 6 min