Kaya 959 Kaya Biz

Wealth Creation: Why Are Luxury Watches So Expensive To Buy? And How Can You Get In To Watch Collecting?

Loading player...
Watches come in all sizes and shapes. Maybe most importantly is that they come in all price categories. And it is probably no secret that a $20 quartz watch can keep time better than a $60000 Rolex, and many other luxury watches for that matter. So if cheap watches can, in many cases keep time more accurately than luxury watches, aren’t they” better”? But the most interesting question is if this is the case, why are watches so expensive?
27 Jun 2022 12PM English South Africa Business News · Investing

Other recent episodes

Pick n Pay trims it’s first half loss over 30%

Pick n Pay’s latest interim results point to encouraging signs in one of South Africa’s most closely watched retail recovery stories. CEO Sean Summers joins Kaya Biz to discuss improved profitability, Boxer’s standout performance, online sales growth, labour restructuring and the milestones investors should watch as the turnaround plan moves…
26 Oct 1PM 16 min

Beyond the Mini-Budget Speech 2026: Decoding Treasury’s Signals

The Medium-Term Budget Policy Statement offers one of the clearest snapshots of South Africa’s fiscal health and economic trajectory. We speak to Deloitte Africa’s Le Roux Roelofse about the key takeaways from Treasury’s latest projections, whether the country is striking the right balance between fiscal discipline and growth, and what…
26 Oct 12PM 16 min

The Mental Health Cost of Financial Stress

Financial stress has emerged as one of the biggest threats to South Africans' mental wellbeing. Dr Rachel Moore, Chief Medical Officer at Mediclinic Southern Africa, discusses the psychological impact of economic pressure, barriers to accessing mental healthcare and what can be done to reduce stigma and improve support.
22 Oct 2PM 12 min

KPMG Africa CEO Outlook: Confidence vs Execution

African CEOs remain confident about growth despite geopolitical tensions, economic uncertainty and disruptive technological change. Tola Adeyemi, CEO of KPMG One Africa, unpacks why execution has become the defining leadership challenge, and why many organisations are still struggling to keep pace with artificial intelligence
22 Oct 1PM 20 min

South Africa’s Economic Report Card After the MTBPS

Finance Minister Enoch Godongwana's Medium-Term Budget Policy Statement paints a mixed picture of South Africa's economy. Revenue collection is outperforming expectations, and fiscal stability appears to be improving, yet growth forecasts have been downgraded amid infrastructure constraints and global risks. Dr Nwabisa Kolisi of the HSRC unpacks what the MTBPS…
22 Oct 12PM 9 min
All episodes