Kaya Biz

Tourism Sector Appeals To Government To Ease Lockdown Restrictions

Tshifiwa Tshivengwa -Ceo Tourism Business Council Tourism is a significant sector. It directly and indirectly supports 8,6% of South Africa’s GDP. It’s economic activity encompasses all non-commuter passenger travel, car hire, a wide range of accommodation types, a vast array of activities and attractions, conference centres, retail and restaurants and…

13 May 2020 12PM 5 min

Tech Feature: App Helps Consumers Check Medicine Prices

Michael Ndjibu Lukusa- Developer And Founder Talks to Gugu Mfuphi about Mobile app MediPrice makes it possible for South Africans to source medicine prices and obtain details on medicine ingredients, as well as find the closest pharmacy.

12 May 2020 12PM 11 min

Benefits Of Allowing E Commerce To Function During The Lockdown

Victor Do Prado- Director Of The Council And Trade Negotiations Committee -Wto talks To Gugu Mfuphi about Many e-Commerce providers in SA are looking to government to permit them to trade as they believe that their businesses won’t play a role in the spread of the coronavirus. The World Trade…

12 May 2020 12PM 4 min

Mining Safety Regulations

Mamokgethi Molopyane -Commentator On Labor And Mining talks to Gugu Mfuphi about The Department of Mineral resources has gazetted its plans to fight the spread of COVID 19 in the mining industry. This comes at the back of a court challenge by unions in the mining sector for the government…

12 May 2020 12PM 5 min

Impact Of African Swine Flu On Meat Prices And Availability

Paul Makube- Senior Agricultural Economist-Fnb Agribusiness About Never mind corona, now African swine flu is another concern. African swine fever has been detected for the first time in the Eastern Cape and could lead to a shortage of pork meat. There is no treatment or vaccine for swine fever, and…

12 May 2020 11AM 6 min

Personal Finance :Benefits Of Having A Financial Advisor

Suzan Haumann, Certified Financial Planner® Brenthurst Wealth Management talks to Gugu about The current volatile market situation and uncertain economic scenario have many an investor ill at ease, panic-stricken even. When sudden unprecedented events occur like the outbreak of the COVID-19 pandemic, causing major market upheaval, the first thought that…

11 May 2020 12PM 11 min

Consumer Trends In Township Economy During Lockdown

Lebo Matsegoa CEO at Foshizi about We have heard the adage that the world as we know it will no longer exist when the world has seen the back of the coronavirus. This means that businesses are also going to have to adapt to these changes and find new ways…

11 May 2020 12PM 8 min

Car Dealerships Concerned About Lack Of Clarity On Operations During Level 4 Of The Lockdown

Mark Dommisse, Chairperson of the National Automobile Dealers’ Association talks There is still a lot of confusion out there as to what Level 4 of the lockdown means for new-vehicle dealerships. The sector is very concerned about the disastrous effect on the economy as a result of the lack of…

11 May 2020 12PM 8 min

Unions SAA Victory

Phakamile Hlubi Majola- Numsa Spokesperson talks On Friday the court ruled that retrenchment notices issued to workers at SAA by business rescue practitioners are unlawful and must be withdrawn. This means that SAA and its BRP’s have to go back to the drawing board about the way forward for cutting…

11 May 2020 12PM 5 min

Pivot Point: Zizipho Nyanga -Director Grinrod Bank

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…

7 May 2020 12PM 16 min

House Price Growth Slows

Siphamandla Mkhwanazi – Fnb Property Economist talks It’s expected that house prices will decline by around 5 per cent and transaction volumes by 45 per cent this year as a result of the coronavirus pandemic. FNB today released new data that shows that

7 May 2020 12PM 5 min

Sa State Of Economy As A Result Of Covid 19

Sherwin Gabriel- Sa Tied Researcher And Economist about COVID-19 is expected to have a major impact on the global economy and Treasury has said it expects that impact in SA to see unemployment reach 40 per cent. The team that has worked on the modelling to help the government assess…

7 May 2020 12PM 8 min

Government Not Satisfied With Saa Brp’S

Justine Hoppe- Director At Mazars Recovery Abd Restructuring Division Of Public enterprises minister Pravin Gordhan told Parliament last night that SA’s Business Rescue Practitioners have kept the government in the dark about some of the plans for the airline. This afternoon we take a look at how the business rescue…

7 May 2020 12PM 5 min

Entrepreneurs On The Move: Rowan Leibbrandt founding co-owner of premium drinks company, Truman &

Most entrepreneurs are struggling through this lockdown and are faced with many worries about how to keep their businesses relevant. In sectors like the the liquor sector its going to be vital for companies to reinvent themselves for when their markets are allowed to trade again. Our entrepreneur on the…

6 May 2020 12PM 16 min

Unhappiness Over Government’s Covid-19 Economic Response

Kirsten Pearson-Steering Committee Member Of The Budget Justice Coalition On The Budget Justice Coalition says there is evidence that millions of people are suffering as a result of a loss of income and the restrictions placed on the informal market by the lockdown regulations. This threatens to undermine the initial…

6 May 2020 12PM 3 min

SA Economy To Decline By 17 Percent As A Result Of Lockdown

Cass Covadia Business Unity South Africa On More woes are expected for South Africa’s economy as the country is expected to see a slump in of almost 17 percent. This is according to modelling that has been done by Business for South Africa.

6 May 2020 12PM 6 min

SARS Expects Massive Revenue Shortfall As A Result Of Corona Virus

Edward Kieswetter- Sars Commissioner On Sars is projecting an annual revenue loss of about R285bn based on figures for the first month of the lockdown and the impact of sluggish economic activity. The Revenue collection service is also urging South Africans to continue to be tax compliant more than ever…

6 May 2020 12PM 6 min

Unintended Consequences Of The Alcohol Ban

Helen Ndlovu- Director Of Regulatory & Public Policy At Sab Of SAB is calling on government to implement to lift the ban on alcohol sales in a measured way to allow government to curb the unintended consequences of the ban on the economy. The company says this could be done…

5 May 2020 12PM 6 min

Business Tables Suggestions Plans To Fix Sa’s Economy

Busisiwe Mavuso Blsa Ceo Business Leadership South Africa are urging government recognise how dire things are for the SA economy. It says if government downplays the state of the economy the next policy steps are going to be wrong. The organisation’s Busi Mavuso says the economic crisis is serious and…