Kaya Biz

What goes into a Road Accident Fund Pay Out?

GUEST – Advocate Justin Erasmus, Chairperson of the Personal Injury Plaintiff Lawyers Association Most victims of road accidents want to know how much compensation they could receive. So how much does the Road Accident Fund pay out?

7 Nov 2023 3PM 11 min

WeWork South Africa says there will be no impact on its South African operations.

GUEST - Stefano Migliore – WeWork South Africa CEO Global office-sharing company, WeWork has filed for a chapter 11 bankruptcy protection in New Jersey federal court Monday, saying that it had entered into agreements with the vast majority of its secured note holders and that it intended to trim “non-operational”…

7 Nov 2023 3PM 8 min

Would you pay R2.3 million to R4.9 million to own Webb Ellis cup trophy case?

GUEST - Michael Zahariev - Luxity’s co-founder The Springboks have brought home the coveted Webb Ellis Cup for a fourth time, and, with it, the Official Trophy Travel Case designed by Louis Vuitton for Rugby World Cup France 2023. “But how much would this hand-crafted collector’s item theoretically sell for?”…

6 Nov 2023 3PM 5 min

AWARENESS - Ponzi scheme involving more than R3 billion bankrupts entire families, affects over 2000 people

GUEST – Maya Fisher-French is a financial journalist and author at Maya on Money Earlier this month, an investment manager handed himself in at the Sandton police station, admitting to having run a large Ponzi scheme. As details came to light, the scheme seemed like a script worthy of infamous…

6 Nov 2023 3PM 11 min

CAREER’S CORNER – Year end season coming up soon: Ethical considerations before accepting gifts from clients

GUEST – Kagiso Lebethe - Senior Employee Relations Specialist Accepting a gift may seem harmless, but it can have unintended consequences and compromise the trust and professionalism.Accepting gifts from certain clients could impact your ability to provide fair and impartial treatment. Even if you know that it would not compromise…

6 Nov 2023 3PM 17 min

WEALTH CREATION – 10 stocks that will make you rich next year, Shapiro’s picks

GUEST - David Shapiro, chief investment strategist at Sasfin Wealth Shapiro mentions a paddle and a creek to illustrate that the stock market hasn’t been kind to investors lately, and it comes as no surprise that his choice of shares are mostly companies that have experienced problems lately. “Paddling up…

6 Nov 2023 3PM 10 min

25% of homeowners forced to sell due to financial constraints - FNB

GUEST - Siphamandla Mkhwanazi, FNB Senior Economist Financial pressure-induced property sales remain elevated in South Africa, with almost a quarter of all sellers giving up their homes because they can no longer afford them. FNB data for Q3 2023 shows that 23 percent of homes put on the market are…

6 Nov 2023 3PM 6 min

COMPANY RESULTS: Redefine Properties

Commercial property group, Redefine Properties reported a 4.1% decrease in distributable income for its 2023 financial year. Redefine Chief Financial Officer, Ntobeko Nyawo joins us to unpack their latest results.

6 Nov 2023 3PM 7 min

Dis-chem revenue rose 9.4% to R17.9 billion in the 6 months to end August.

GUEST - GUEST - Rui Morais – Dis-Chem CEO Pharmacy group Dis-Chem is growing revenue, profits are under pressure as it fights for market share in a tough economy. Group revenue rose 9.4% to R17.9 billion in the six months to end August, the group announced on Friday, or just…

6 Nov 2023 3PM 6 min

Lessons from MTN’s journey with the springboks

GUEST – Charles Molapisi, CEO at MTN SA MTN South Africa today announced that it would be contributing R30 million to the SA Rugby Growth Fund, R10 million per year for the next three years, in recognition of the Springbok’s historic victory at the Rugby World Cup. Charles Molapisi, CEO…

2 Nov 2023 4PM 6 min

International Project Management Day – Unpacking crucial role of project managers in business performance

GUEST – George Asamani, MD, Project Management Institute, Sub-Saharan Africa George Asamani, managing director Sub-Saharan Africa of Project Management Institute, has commended the impact and crucial role played by project managers across the globe in completing projects. He said this on the background of International Project Management Day celebrated yearly…

2 Nov 2023 4PM 11 min

PIVOT POINTS – in conversation with strategic thinker and Founder of Flux Trends, Dion Chang

Dion Chang will make you think differently. He is a strategic thinker, keynote speaker, a walking ideas bank and professional cage rattler. He is one of South Africa’s most respected trend analysts and founder of Flux Trends, which takes the unique view of “trends as business strategy”. Flux Trends specialises…

2 Nov 2023 4PM 23 min

INSIDE YOUR POCKET: Spoil yourself….Just do it right.

GUEST - John Manyike, Head of Financial Education at Old Mutual Spending money is always a great source of joy. Whether you are a man or woman, you earn money to fulfill the needs of the people that are connected to you; your family, kids, and parents. You feel satisfied…

2 Nov 2023 4PM 19 min

AGOA: Is the USA using AGOA to bully African countries into loyalty?

GUEST – Victor Kgomoeswana - Africa expert Earlier this year, US formally said SA was in danger of losing AGOA benefits due to Russian ties, this reflection comes after today’s announcement that US President Biden has plans to expel Uganda, Gabon, Niger and the Central African Republic (CAR) from a…

2 Nov 2023 4PM 9 min

EasyEquities introduces R25 monthly fee for non-regular customers.

GUEST - Carel Nolte, chief marketing officer of EasyEquities The country’s largest retail broker, EasyEquities, is under fire from unhappy clients following botched communication about a major change that will see it introduce what is effectively a monthly platform fee of R25 for non-regular customers from Novembe

2 Nov 2023 4PM 5 min

MTBPS2023 – SMME sector feels left out

No mention of Small, Micro and Medium Enterprises support in #MTBPS2023, what does this mean for the sector? Matsi Modise, Chairperson of the Startup Act Steering Committee joins us to unpack the challenges faced by the sector.

1 Nov 2023 4PM 9 min

MTBPS2023 – ESKOM Debt relief approved for 28 municipalities

GUEST – Miyelani Holeni Group Chief Advisor at Ntiyiso Consulting Group More than 60 municipalities who owe Eskom for unpaid bulk electricity services have applied for government’s debt relief arrangement. This was revealed by Finance Minister Enoch Godongwana while delivering the Medium Term Budget Policy Statement (MTBPS) in Parliament on…

1 Nov 2023 4PM 15 min

MTBPS – Every additional Rand of revenue collected is one Rand less which we have to borrow.

GUEST – Musa Manyathi Director for Tax at Deloitte Africa Our public finances are significantly weaker. The main budget deficit has increased by R54.7 billion compared with the 2023 Budget estimates. This reflects lower revenue performance, higher wage bill costs and higher projected debt-service costs. The main reasons for this…

1 Nov 2023 4PM 7 min

MTBPS2023 – Social relief of distress grant to be extended by another year

Social relief of distress grant to be extended by another year. The grant was originally introduced in 2020 to assist low-income individuals affected by lockdowns. R34 billion has been allocated to extend the Covid-19 Social Relief of Distress grant. Duma Gqubule, research associate at the Social Policy Initiative joins us…

1 Nov 2023 4PM 11 min

MTBPS - A Realistic Budget Delivered Under Severe Constraints

BLSA welcomes the Medium Term Budget Policy Statement which delivered the commitment to fiscal discipline that is vital to maintaining business confidence. As we expected, revenue has fallen short of the amounts initially budgeted for this year and as a result the budget deficit will be 4.9% of GDP, considerably…

1 Nov 2023 12PM 9 min