Kaya Biz

The Financial Sector Conduct Authority

The Financial Sector Conduct Authority (FSCA) has fined Markus Jooste, the former CEO of scandal-hit Steinhoff, and others at least R241 million for insider trading.

2 Nov 2020 12PM 8 min

Our Africa Feature - RMB Rebranding

In a significant departure from its existing logo, Rand Merchant Bank (RMB) is changing its branding.

2 Nov 2020 12PM 7 min

The Pivot Point

Entrepreneur Pumza Ndlotyeni, CEO of black-woman-owned Gebane Engineering Services (GES), has long had a keen eye for opportunities that cross her path, and the passion and perseverance to pursue them.

29 Oct 2020 1PM 10 min

Denzel Bostander Head: Financial Conglomerate Supervision

VBS Mutual Bank (in liquidation) (hereinafter referred to as VBS) was placed under curatorship by the Minister of Finance on 11 March 2018.

29 Oct 2020 1PM 6 min

SA Has A New Airline Called Lift

South Africa’s newest airline has a name: Lift. The airline is a joint venture between local aircraft leasing company Global Aviation and kulula.com founder Gidon Novick.

29 Oct 2020 1PM 9 min

One Week Before The 2020 Us Election: What Are Markets Telling Us?

With a week to go until the US presidential election, will Joe Biden’s lead in the polls be enough to convince investors that Donald Trump is poised for defeat? Many think not. After all, the polls notoriously got it wrong four years ago when Trump beat Hillary Clinton.

29 Oct 2020 1PM 6 min

Let’s Talk Innovation

Humaira Surve, a portfolio manager within Coronation’s developed markets team, who has been tracking tech stocks for years argues that while anything can happen over the short term, over the longer term, Coronation’s view is that most of these companies are still an attractive proposition on a risk-adjusted return basis.

27 Oct 2020 1PM 11 min

Jacques Talpert, Commercial Director At BRM Brands

Pork rib prices in South Africa could spike as much as 40% over the next few weeks as an outbreak of African swine fever (ASF) in Germany, Europe’s biggest pork producer, constrains global supplies of the popular pork cut.

27 Oct 2020 1PM 7 min

Unpack Africa As Most Promising Region For Crypto Adoption

A recent poll of 150 portfolio companies found that the crypto industry is alive and well, with four out of five polled saying the value of their business has increased in 2020.

27 Oct 2020 1PM 9 min

Sfiso Skenjana, Chief Economist And Thought Leadership Executive At IQ Business

The World Bank has told South Africa’s government it has to cut its wage bill to qualify for a loan of as much as $2 billion and agree the money won’t be used to bail out insolvent state companies, a person familiar with the situation said.

27 Oct 2020 1PM 6 min

Wealth Creation

The benefit of adding Global investments into your portfolio. Satrix has a range of 8 global exchange traded funds (ETFs) which allow you to invest in some of the most iconic companies in the world.

26 Oct 2020 1PM 11 min

Should Investors Jump On Micro Apartments Trend?

The launch of the Citizen Hyde Park, makes it the first micro apartment buildings in South Africa. IP Global shows that the popularity of micro apartments has been driven by the affordability factor, lower running costs, and eco-friendly elements.

26 Oct 2020 1PM 7 min

Our Africa Feature

According to reports, MTN Group today announced the appointment of Karl Toriola as chief executive officer (CEO) of major subsidiary MTN Nigeria Communications, effective from 1 March 2021.

26 Oct 2020 1PM 11 min

The Pivot Point

Sylvester Chauke, Chief Architect At DNA Brand Architects. Adweek, the marketing industry’s leading source for brand marketing, advertising and media content has named DNA Brand Architects Top 100 Fastest growing marketing agencies in the world.

22 Oct 2020 1PM 11 min

Brics Business Forum

The BRICS Business Forum meets in St Petersburg in Russia this week. Hosted by the Russian Chapter, under the theme BRICS business partnership: common vision for sustainable inclusive development, this year the forum will take place virtually due to the COVID-19 pandemic.

22 Oct 2020 1PM 9 min

Susan Steward, Senior Marketing Manager – Budget Insurance

A new survey conducted by Debt Rescue revealed that 85% of consumers polled said that their financial situation was adversely affected by Covid-19. 45% of respondents said they’d been affected by either retrenchment, temporary layoffs or salary reductions, with many of them resorting to measures like digging into their savings,…

22 Oct 2020 1PM 6 min

Peter Major, Director, Mining Mergence Corporate Solutions

According to reports, human rights lawyers have filed class action papers in the Johannesburg high court against Anglo American SA for lead poisoning cases at its former mine in Zambia.

22 Oct 2020 1PM 7 min

Inside Your Business

Yandiswa Xhakaza is an MBA graduate and the CEO of the Nal’ibali reading-for-enjoyment campaign. Having taken up her position just weeks ahead of the COVID-19 pandemic, she is using her business insights to steer the organisation through the recession. She offers tips and advice to other NGOs below.

21 Oct 2020 1PM 13 min

Update On Nigeria Protests

[The guardian article] Sporadic shooting has been reported in Lagos as the president of Nigeria appealed for calm hours after security forces opened fire on protesters against police brutality in the centre of the city.

21 Oct 2020 1PM 9 min

Conversation On Steinhoff Fine

According to Business Report, troubled retailer Steinhoff International was yesterday slapped with a R13.5 million fine by the JSE for breaching its listing requirements with inaccurate financial reporting as shareholder activist Theo Botha criticised the JSE, saying it had not done enough to censure the firm’s board and audit committee.

21 Oct 2020 1PM 7 min