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
2600 – 2620

SAA: Union wants Takatso deal grounded

JOHANNESBURG - The SA Cabin Crew Association (SACCA) wants the Takatso-SAA deal scrapped. It says the takeover has been heading for a crash since it took off. Public Enterprises Minister Pravin Gordhan on Tuesday said he can't divulge details of the agreement. He claims this is due to it being commercially…
16 Nov 2022 1PM 12 min

Rising interest rates contribute to households being R253 billion poorer in Q3

The value of South African households’ wealth (expressed in current prices) decreased by an estimated R1.528 trillion (R1 528 billion) in the half-year since the first quarter of 2022 (Q1 2022) to R15.5 trillion. An estimated decrease of R253 billion in Q3 2022 followed the decline of R1.275 trillion in…
16 Nov 2022 1PM 11 min

Telkom Summit Tech

Telkom’s leadership position in supporting technology-driven start-ups in the South African ecosystem as well as the impact of Telkom’s Enterprise & Supplier Development Programme.
15 Nov 2022 1PM 9 min

Consumers are spending more, but will they buy more this Black Friday?

Black Friday in 2022 might provide a fascinating insight into the state of the South African consumer as individuals begin to re-build their personal balance sheets while weighing up a global environment which is facing unprecedented social and economic upheaval. Over the past 3 years, consumer behaviour has been largely…
15 Nov 2022 1PM 16 min

ITS MY HOUSE: FNB Residential Property Barometer & Estate Agents Survey results

Annual growth in the FNB House Price Index moved marginally lower in October, averaging 3.0% from 3.1% in September. Slower price growth from post-pandemic highs reflects relatively softer demand amid higher living costs and deteriorating affordability. Market volumes continue to soften, albeit modestly and are still above pre-pandemic levels …
15 Nov 2022 1PM 18 min

How to tame temptation and resist the Black Friday urge to splurge

As the season of ‘irresistible” Black Friday deals and festive season specials kicks off, the temptation to overspend lies around just about every corner. When faced with ‘deals that are too good to resist’, practicing self-control and harnessing the willpower to subdue our impulses to spend are key to achieving…
15 Nov 2022 1PM 11 min

Novick’s Takatso departure shouldn’t be taken ‘too seriously’ – Gordhan

Department of Public Enterprises Minister Pravin Gordhan says Gidon Novick’s resignation from the Takatso Consortium board, as well as his reasons for doing so should not be taken “too seriously” because Novick “was a small and minor partner in the consortium.” Gordhan – along with some South African Airways (SAA)…
15 Nov 2022 1PM 7 min

Cryptocurrency market rocked by near-collapse of exchange

The cryptocurrency market has plunged in value today as it reels from the near-collapse of one of the biggest exchanges, FTX, last night. FTX, which has bailed-out a host of ailing firms in the sector and was regarded as one of the more resilient businesses in the space, announced last…
15 Nov 2022 1PM 12 min

Businesses in South Africa are desperate for skilled workers

“This means more international competition for South African employers desperate to attract critical skills from abroad,” says Marisa Jacobs, Managing Director of visa and expatriate services firm Xpatweb. The survey indicates that South Africa exhibits the second strongest hiring intention (38%) among European, Middle Eastern and African (EMEA) countries, after…
14 Nov 2022 1PM 8 min

Momentum Metropolitan Volunteerism Report

The Momentum Metropolitan Volunteerism Report: new research unpacks the state of volunteerism in South Africa Volunteerism is much needed beacon of light and positivity in South Africa. After a decline during the COVID-19 pandemic, corporate volunteerism is again thriving in the South African private sector 1,2, with many larger companies…
14 Nov 2022 1PM 15 min

WEALTH CREATION: Ways Ordinary South Africans Can Efficiently Invest.

"The individual investor should act consistently as an investor and not as a speculator." - Ben Graham Everyday something changes, the stock markets may have been stabled yesterday but because of a slight change everything goes up and down, like a roller coaster. This is why, in order to become (or…
14 Nov 2022 1PM 14 min

SARS pays reparations

The SA Revenue Service (SARS) has paid reparations and apologised to all former employees that were affected by the events that unfolded "during the capture of SARS between 2014 and 2018", namely the witch hunt around the now-discredited "rogue unit". The SARS statement follows a Constitutional Court ruling this week…
14 Nov 2022 1PM 10 min

South Africa’s infrastructure quality rated D

Built environment professionals organisation the South African Institution of Civil Engineering (SAICE) has released its '2022 Infrastructure Report Card' (IRC), which gives the country's infrastructure an average rating of D, on a scale of A to E, with A being world-class infrastructure and E being failed or failing infrastructure. The D rating means that the infrastructure is not coping with normal demand and is poorly…
14 Nov 2022 1PM 11 min

This 21-year-old student used NSFAS allowance to create e-hailing app

The 21-year-old software development trainee gave up meals and other necessities to pursue his dream of starting his own e-hailing company, Hike. Lekala was raised in a small town outside of Witbank, Mpumalanga, and despite his underprivileged background, his family fully supported him, and he ended up excelling in school…
10 Nov 2022 1PM 7 min

Multichoice is Bleeding Premium Subscribers

DStv operator Multichoice has published its interim results for the six months ending 30 September 2022. The group reported group revenue up 7% to R28.65 billion for the period, with operating profits up 6% to R6.2 billion. However, it posted a headline loss of R248 million – loss per share…
10 Nov 2022 1PM 15 min

Civil Servants Give Ramaphosa 7 Days To Respond To Their Demands

The Department of Public Service and Administration moved to pour cold water on threats that the Public Servants' Association (PSA) strike on Thursday would disrupt public services, saying it will be a normal day where government employees are expected to be at their posts during working hours. The PSA, demanding…
10 Nov 2022 1PM 17 min

FNB launches R200m Vumela fund to grow small business

On Tuesday big four bank FNB launched its fourth Vumela fund, worth R200 million, which aims to offer alternate financing to 150 black-owned businesses and create 1 000 jobs. FNB’s Vumela Enterprise Development Fund was established in 2009 by the lender’s commercial banking unit, in partnership with venture capital and…
9 Nov 2022 1PM 10 min
2600 – 2620