Kaya 959 Kaya Biz

WEALTH CREATION: More South Africans dabble in risky investments to get by.

Loading player...
South Africans looking for greater financial returns are now buying into riskier investments – some even going as far as gambling – to deal with mounting financial pressures, according to the Old Mutual Savings and Investment Monitor (OMSIM) released on Wednesday.
The report, which has come out during National Savings Month, indicates that gambling is now seen by some South Africans as one way to make ends meet.
25 Jul 2022 4AM English South Africa Business News · Investing

Other recent episodes

From Farm to Fork: The Real Cost of Higher Rates

The Reserve Bank's latest interest rate increase could have implications far beyond the financial markets. Brendan Jacobs, Head of Agribusiness at Standard Bank South Africa, explores what rising borrowing costs, volatile energy prices and looming weather risks mean for farmers, food production and ultimately the prices South Africans pay at…
28 Sep 1PM 13 min

Careers Corner: Can South Africa's Digital Economy Create a Million Jobs?

As South Africa targets one million new jobs by 2030, the ICT sector is expected to play a critical role. Dr Jannie Zaaiman, CEO of SAICTA, joins Kaya Biz to discuss the launch of a new industry-focused jobs portal, the demand for future-ready skills such as AI and automation, and…
28 Sep 1PM 18 min

Balwin Delists: The Next Chapter Beyond the JSE

After nearly 11 years on the JSE, Balwin Properties has officially gone private through a R2.26 billion transaction backed by the Public Investment Corporation and founder management. CEO Steve Brookes joins Gugulethu Mfuphi to unpack the rationale behind the move, what private ownership unlocks for the residential developer, and what…
28 Sep 11AM 11 min

AGOA Extended: Certainty or Illusion?

The US has extended the African Growth and Opportunity Act (AGOA) to 2028, stabilising duty‑free access for African exporters. But is this really a win, or just temporary certainty? Oxford Economic’s Jervin Naidoo explains what the extension means for South Africa’s auto industry, Kenya’s textiles, and Africa’s trade outlook in…
24 Sep 1PM 19 min

Your Retirement, Your Rules: ETFSA’s Starter Pack Explained

Retirement planning doesn’t need to be intimidating. Suzan Ramotshabi breaks down the biggest barriers stopping South Africans from investing, including Black Tax and fear of making mistakes. She explains how the Starter Pack works, additional ETFSA solutions, and the one step listeners can take today to begin their retirement journey…
23 Sep 1PM 22 min
All episodes