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
2840 – 2860

Meet Buhle Madlala who is making cycling affordable in townships.

Creating jobs was also at the core of what the National Cycling Academy Forum (NCAF) did since it was looking at ways to support the interests of the cycling sport which was generally not cheap, says the National Cycling Academy Forum (NCAF). Buhle Madlala, the co-founder of this organisation for…
31 Aug 2022 3AM 12 min

Old Mutual ready to put Covid volatility behind it as earnings rocket to 87%.

The Group reported an 87% increase in Results from operations on the back of strong operating performance and muted Covid-19 impacts. Despite weaker market returns, Return on net asset value improved to 9.6%, due to the unbundling of Nedbank thus delivering on our promise to simplify the Group’s capital structure…
30 Aug 2022 3AM 9 min

Rebosis enters business rescue: suspends trading on the JSE - SAIBPP reacts.

The South African Institute of Black Property Practitioner's (SAIBPP) is saddened by the news that Rebosis has resolved to enter into voluntary business rescue. Rebosis was founded by Sisa Ngubulana in 2010 and the company was listed on the JSE in 2011. It was the first black majority owned and…
30 Aug 2022 3AM 18 min

ITS MY HOUSE: Property Within a Deceased Estate - What You Need to Know.

A deceased estate comes into existence when a person dies and leaves property or a will. Such an estate must then be administered and distributed in terms of the deceased’s will or, if there is no valid will, in terms of the Intestate Succession Act (Act 81 of 1987). The…
30 Aug 2022 2AM 19 min

Why the construction sector still needs more women players.

The greater participation of women in the construction sector will only be achieved through positive initiatives that will result in culture changes and the creation of equitable work environments. There are valid concerns about the low level of women ownership of construction companies in South Africa and a stagnating trend…
30 Aug 2022 2AM 15 min

TECH & INNOVATION: Concerns over the unlawful data collection by tech companies.

Growing concerns over the unlawful collection of data by tech companies Google has been found to be collecting the highest amount of user data among all the other tech companies, including Facebook, Amazon, Tiktok, Apple and others. The study found that YouTube, which is owned by Google, mostly collects your…
30 Aug 2022 2AM 11 min

Walmart puts in R6.4-billion offer for beleaguered Massmart.

The board expects to have a full report out to shareholders in a circular in September and Dlamini says this is an opportunity for minority shareholders to realise immediate value in an environment where there are no near-term catalysts for a Massmart re-rating. The generous offer, a 53% premium to…
29 Aug 2022 3AM 10 min

What we know about the case against former Transnet executives Singh and Molefe.

Two of the most senior officials involved in state capture during former president Jacob Zuma's tenure have been arrested, marking a significant milestone in the ongoing effort by the National Prosecuting Authority's (NPA) Investigating Directorate (ID) to fulfil its mandate. Former Transnet and Eskom chief financial officer Anoj Singh and…
29 Aug 2022 3AM 8 min

WEALTH CREATION :Considerations when building your investment portfolio.

The importance of saving and investing from a young age cannot be emphasised enough, yet people are scared to start saving or investing – if not leave it to later in life, which is not always the best option. Your investment decisions must centre around your investment goals. Samukelo Zwane,…
29 Aug 2022 3AM 13 min

CAREERS CORNER: Subtle signs your co-workers are sabotaging your success.

Sabotage is a strong word. But it happens in the workplace more often than you think. Dr. Cheryl Carr, organizational psychologist, business leadership strategist, business professor, trainer, and author, says career sabotage can be divided into two categories: corporate or individual. This type of toxic experience might even lead you…
29 Aug 2022 3AM 21 min

Yes, SARS can search and seize your property without a warrant.

The Tax Administration Act in South Africa permits the warrantless search and seizure of a taxpayer’s property by the South African Revenue Service. However, this has been under scrutiny for many years due to its potential to infringe the right to privacy as enshrined in the South African Constitution. A…
29 Aug 2022 3AM 10 min

The types of businesses that receive the most consumer complaints in SA.

The Consumer Goods and Services Ombud (CGSO) has published its annual report for the period ending February 2022, highlighting the most complained about businesses and services over the past year. The report shows that telecoms, satellite services, retailers and manufacturers of appliances and furniture generate just under 70% of consumer…
25 Aug 2022 3AM 12 min

Call for South Africa to overhaul its tax system, including a VAT hike.

South Africa should overhaul its tax regime to fund economic-growth enhancing reforms and reduce inequality now that it’s reached the limits of budget adjustments that were aimed at reducing fiscal deficits and reining in debt, the OECD recommended. Africa’s most-industrialized economy is battling surging debt, which the government expects to…
25 Aug 2022 3AM 9 min

PIVOT POINT: In conversation with Exxaro Resources CEO, Dr Nombasa Tsengwa.

Dr Nombasa has more than 18 years of executive management and board experience in the public and private sector and is one of the hardest-working leaders in the industry. Having been appointed as Acting Executive Head of Coal Operations in 2016, and subsequently as Executive Head of Coal Operations in…
25 Aug 2022 3AM 20 min

Life insurance and its importance.

Simple Life cover will provide you peace-of-mind knowing your family will be provided for when you’re no longer there to do so. It’s life insurance made easy.
25 Aug 2022 3AM 9 min

Sibanye-Stillwater declares R3.9bn half-year dividend.

Precious metals and green metals company Sibanye-Stillwater on Thursday declared a cash dividend of R3.9-billion for the six months to June 30. The Johannesburg- and New York-listed company, headed by CEO Neal Froneman, reported a half-year profit of R12.3-billion, the third highest six-month period profit achieved since the group's initial…
25 Aug 2022 3AM 6 min

Competition body raids Discovery, Old Mutual, Sanlam and major insurance firms.

The Competition Commission started raiding the offices of eight major insurance firms on Thursday afternoon over alleged collusion and price fixing. The search and seizure operations took place at the offices of BrightRock, Discovery, FMI - which is a division of Bidvest Life - Hollard, Momentum, Old Mutual Insure Limited,…
25 Aug 2022 3AM 9 min

SARB urges banks not to close crypto exchange accounts.

South African-based crypto-currency exchanges have welcomed the South African Reserve Bank’s (SARB’s) Prudential Authority’s (PA’s) guidance notice to the big banks to start working with crypto players. The guidance notice follows some local big banks shutting down the accounts of crypto-currency exchanges, largely fearful of the potential risks they present…
24 Aug 2022 2AM 5 min
2840 – 2860