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
5,391 Episodes
1200 – 1220

Sasol records R44 billion loss for its latest financial year.

GUEST - Simon Baloyi, SASOL CEO Energy and chemicals group Sasol recorded a R44 billion loss for its latest financial year, compared with profit of R8.8 billion a year earlier. SASOL CEO, Simon Baloyi joins us to unpack their latest results.
20 Aug 2024 8AM 11 min

Sports bettings in SA reached R420 billion in 2023.

GUEST - Nkoatse Mashamaite, National Gambling Board's Chief Compliance Officer Money placed on sports bets in South Africa has skyrocketed over the past several years, reaching R420 billion in 2023. At the end of FY2022/23, R815.1 billion was wagered in the entire South African gambling industry—more than the budgets of…
20 Aug 2024 8AM 29 min

Qatar Airways to acquire 25% stake in Airlink

GUEST – Phuthego Mojapele, Aviation analyst Qatar Airways bought a 25% stake in SA Airlink as the Doha-based airline looks to expand its presence on the continent. The equity deal was officially confirmed at a meeting between airline officials at the Hyatt Regency Oryx hotel in Doha on 20 August.
20 Aug 2024 8AM 9 min

Bidvest Bank and Sorbet gives staff opportunity to own a franchise

GUEST – Hannah Sadiki – CEO of Bidvest Bank The Bidvest Bank Sorbet-Preneur is an innovative empowerment programme designed to transform dedicated Sorbet employees into successful business owners. This programme offers selected Sorbet Citizens - employees who have demonstrated their commitment by working in a store for two or more…
19 Aug 2024 3PM 17 min

Absa CEO Arrie Rautenbach takes early retirement

GUEST - Khaya Sithole - Independent Analyst and CA(SA) AND Boniwe Dunster - Human Resources Executive: Lanseria International Airport Absa’s chief executive Arrie Rautenbach has agreed to take early retirement after discussions with the board, according to a statement released by the lender on Monday. Rautenbach is the group’s sixth…
19 Aug 2024 3PM 7 min

Standard Bank posts 4% rise in half-year profit

GUEST – Sim Tshabalala – Standard Bank Group CEO Africa’s largest financial services provider, Standard Bank reported a resilient half-year performance amid a challenging credit market in SA. The group’s headline earnings rose 17% in constant currency, driven by solid growth in Corporate and Investment Banking, Insurance and Asset Management…
19 Aug 2024 3PM 13 min

MTN reported its first loss in 8 years.

GUEST – Ralph Mupita - MTN Group CEO MTN has recorded a substantial loss following the devaluation of the Nigerian Naira. In the first six months of 2024 (H1 2024), the group’s service revenue (in rand terms) dropped by 20% from R107 billion to R85 billion. On a more positive…
19 Aug 2024 3PM 16 min

ABSA CIB: Invested in your story

GUEST - Viwe Bacela - Head of Marketing:CIB Client Coverage, International and Strategic Projects KayaBiz host, Gugulethu Mfuphi is joined by Viwe Bacela, the Head of Marketing: CIB Client Coverage, International and Strategic Projects at Absa CIB to chat about their exciting new brand repositioning campaign,‘Invested in your Story.’ We…
14 Aug 2024 3PM 6 min

EKASINOMICS - The Unorthodox Chef

GUEST – Chef Phill - Founder of Unorthodox Restaurant The Unorthodox Chef takes over Mogodu Mondays, Tlhakwana Tuesdays, Maotwana Wednesdays and Oxtail Sundays with 12-minute ready-made hearty meals. The Unorthodox Chef Catering has grown reputable in the culinary world since its inception three years ago as a food manufacturer specialising…
14 Aug 2024 3PM 24 min

Castle Lager maintains top position as Africa’s most valuable beer brand.

GUEST - Jeremy Sampson, Chairman Brand Finance Africa If one asks what the alcoholic drink of choice in Africa is, it would be beer, and invariably a local brand. Reviewing the 2024 Brand Finance Africa 200 report (released in May 2024), there are no less than 15 brands listed from…
14 Aug 2024 3PM 13 min

Why kidnapping for ransom in SA is quickly becoming a quick cash solution for criminals

GUEST - Chad Thomas- IRS forensic investigator AND Nerosha Maseti: Lead Ombudsman - Banking Division, National Financial Ombud Scheme (NFO). According to media reports there has been a significant increase in kidnappings in South Africa, where criminal syndicates have targeted South African entrepreneurs. The banking division of the National Financial…
14 Aug 2024 3PM 17 min

Retail sales outperform in June

GUEST - Siphamandla Mkhwanazi, FNB Senior Economist Retail sales continued their upward trajectory in June, surging to 4.1% y/y, from 1.1% in May (revised from 0.8%). This significantly outpaced Reuters expectations of a 1.1% expansion. On a month-on-month basis, volumes rebounded by 1.6% from the 0.2% decline in May (revised…
14 Aug 2024 3PM 6 min

Price personalisation or price discrimination: Can your computer tell the difference?

GUEST - Reece May is a Senior Associate in the Competition Law practice at CDH From booking accommodation and transport to purchasing products online, data analytics has given businesses the ability to use automated pricing algorithms to charge personalised prices to every customer based on their data profile. Does this…
13 Aug 2024 3PM 8 min

HomeChoice reports 51% increase in new customers.

GUEST – Sean Wibberley - HomeChoice International CEO The Group made pleasing progress in the past six months, growing its customer base by 51%. This comes after a 39% customer growth in the previous financial year. HIL also increased disbursements by 17% to R2.8 billion, delivered Buy Now, Pay Later…
13 Aug 2024 3PM 18 min

SA’s unemployment rate rises to 33.5%

GUEST - Risenga Maluleke - Statistician-General South Africa’s unemployment rate has jumped massively to 33.5%. According to Stats SA’s Quarterly Labour Force Survey, the official unemployment rate increased by 0.6 percentage points from 32.9% in Q1 2024 to 33.5% in Q2 2024.
13 Aug 2024 3PM 13 min

ALLAN GRAY: Two-pot: How to achieve better retirement outcomes

GUEST – Richard Carter - Head of Assurance at Allan Gray The two-pot system has been designed to improve retirement outcomes for South Africans, while allowing some access to retirement savings in case of severe financial stress. However, there are some hidden risks that investors should be aware of to…
13 Aug 2024 3PM 11 min
1200 – 1220