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
2800 – 2820

JSE to allow actively managed ETFs in October.

South African investors will be able to trade actively-managed Exchange Traded Funds (ETFs) on the Johannesburg Stock Exchange (JSE) in mid-October, helping to bring the local bourse in line with practices already put in place by many of its global peers. Unlike the traditional index-tracking ETFs that investors can already…
13 Sep 2022 7AM 12 min

ARC Investments posts double-digit growth, TymeBank hits 5 million customers.

African Rainbow Capital Investments (ARC), a firm founded by billionaire Patrice Motsepe, has posted a double-digit rise in its portfolio valuation for its 2022 year, given a boost by gains from its key digital businesses, TymeBank and data-focused mobile operator Rain. ARC's intrinsic portfolio value rose 11.3% to R13.6 billion…
13 Sep 2022 7AM 11 min

How much money it takes to be happy in SA.

In a record-high inflationary economy, one’s happiness can be affected when we see prices going up, while our money’s purchasing power continues to decrease – in other words, your money today will not go as far tomorrow. These types of scenarios have left many economists and psychologists to try to…
12 Sep 2022 9AM 6 min

Minimum wage review set for South Africa – Why is this important?

South Africa’s national minimum wage is due for its annual review by the National Minimum Wage Commission. In a recent government gazette (9 September), interested parties were called upon to make recommendations to the commission, which it will consider before compiling a report that will play a significant role in…
12 Sep 2022 9AM 11 min

Concern as rich taxpayers exit SA - SA could be a low-income country by 2030.

South Africa is in a precarious position in that its working-class taxpayers are severely diminished and the SA Revenue Service (Sars) is too dependent on taxes from the rich, but ever more rich South Africans are leaving the country. This warning came from Claude de Baissac, chief economist of business…
12 Sep 2022 9AM 5 min

WEALTH CREATION: What happens to your investments when you die without a will?

Fortunately, our legal system provides for freedom of testation which means that the person writing his will can provide for the distribution of his estate among friends, family, spouses and charities as he sees fit. He can also choose to disinherit a person from benefiting from his estate, subject to…
12 Sep 2022 9AM 14 min

The Impact of Localization and buying local.

Increased activity and deliberate investment in manufacturing, driven by a clear localisation drive, will have a strong impact on the services, construction, trade, transport, communications and finance sectors, creating thousands of jobs in the process. These are the findings of the study released yesterday, which was aimed at finding the…
12 Sep 2022 9AM 17 min

New tariff could see tyre prices in South Africa increase by as much as 45%.

The Department of Trade, Industry and Competition (DTIC) has published anti-dumping protection levies on the importation of tyres into South Africa in terms of section 57A of the Customs and Excise Act, 1964. This provisional payment in relation to anti-dumping duty is imposed up to and including 8 March 2023,…
12 Sep 2022 9AM 6 min

Sanlam confident despite collusion probe, market pressure.

South Africa's largest life insurer Sanlam doesn't expect an industry probe from competition authorities into alleged collusive behaviour to reveal any dodgy practices in its business, but it is concerned about reputational damage. The Competition Commission announced in late August, after some dawn raids, that it was investigating pricing practices…
8 Sep 2022 4AM 10 min

High unemployment rate, rising taxes drag down SA’s Economic Freedom rank.

South Africa has fallen from its position of 93 last year in the Economic Freedom of the World Annual Report, released by the Free Market Foundation (FMF) and Canada’s Fraser Institute, to 99 this year. This marks a further fall from the country’s best ranking of forty-seventh in 2000.
8 Sep 2022 4AM 10 min

PIVOT POINT - Mandla Sibeko - Director of the FNBART Joburg.

Mandla Sibeko set up his own investment business, Seed Capital Investments, through which he has various interests in the small business sector. Through this company, he has partaken in a number of related media, retail, property and e-procurement acquisitions, including becoming the owner of the Pick n Pay Family Supermarket…
8 Sep 2022 4AM 23 min

Discovery's profits jump as it carves out additional SA market share.

South Africa's largest medical scheme administrator Discovery says profits surged by about three-quarters in its year to end-June, boosted as the firm's key markets exited the emergency phase of Covid-19, while relatively lower prices also helped it carve out some additional market share. Headline earnings jumped 74% to R5.2 billion…
7 Sep 2022 10AM 10 min

Uber Eats is morphing into a 'virtual mall', plans to add apparel to the app.

Uber's food delivery service, Uber Eats in South Africa, is steadily evolving into a virtual mall, allowing users to for shop non-food items for delivery in as little as 30 minutes. The app plans to make clothing purchases available on its platform, eliminating days of waiting for a package, as…
7 Sep 2022 10AM 11 min

INSIDE YOUR BUSINESS: The township economy needs an eCommerce boost - Why?

When lockdown limited commercial activities, there were winners and losers. Some businesses were able to trade online locally and to global markets. Most of those businesses that thrived online were established entities. As for informal and mainly township-based businesses, it was the worst time to run a business. There’s not…
7 Sep 2022 10AM 11 min

LEGALLY SPEAKING: The truth about suicide & life insurance.

The latest studies from the National Center for Health Statistics indicate that suicide rates are growing at staggering rates here in the U.S., with a 35% increase between 1999 and 2018. Suicide is the event in which someone causes a self-inflicted injury resulting in death, but in reality, suicide has…
7 Sep 2022 10AM 19 min

EKASINOMICS: e-hailing platform partners with taxi industry for more employment.

Sibusiso Mashabela is a computer scientist, founder and CEO of Request International, which is an e-hailing service platform established to service the everyday needs of ordinary South Africans. Request international is South African based e-hailing service which has patnerned with various stakeholders such as MTN SA and SANTACO, National Taxi…
7 Sep 2022 10AM 15 min

Kasi Xcelerator to give township-based SMEs a major boost.

A bold new initiative is set to give township-based SMMEs and service providers a major boost. Kasi Xcelerator (KX), which will be launched with an entrepreneurship expo in September, is a new platform that has been designed to bridge the gap between township businesses, the private sector and government in…
7 Sep 2022 10AM 14 min
2800 – 2820