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
5,097 Episodes
1000 – 1020

Be wary of the following scams this tax season, warns the SAFPS

GUEST - Manie Van Schalkwyk, CEO of the Southern African Fraud Prevention Service As we approach the end of August, millions of South Africans will log onto the SARS eFiling website or visit their closest branch to complete their tax returns. "While this is a very busy time for the…
9 Jul 2024 12PM 7 min

Consumer Tribunal fines two used car dealers and orders R1 million refund.

GUEST – Prudence Moilwa – Head of complaints and investigations at the National Consumer Commission. The National Consumer Tribunal has fined two car dealers and ordered one of them to repay a consumer R1 million after hearing the cases brought by the National Consumer Commission. Secondhand cars are often a…
9 Jul 2024 12PM 20 min

Is it legal for creditors to collect a prescribed debt?

GUEST - Kwanda Vabaza – Adjudicator Manager of the Credit Division at the National Financial Ombud The Prescription Act stipulates the period after which a consumer’s obligation to pay a monetary debt to a creditor will be extinguished and the instances in which this period will be delayed or interrupted…
8 Jul 2024 12PM 20 min

South African shoppers are not what they used to be.

GUEST – Andrea Ellens, Retail Industry Specialist at Trade Intelligence. As shopper behaviours evolve, brands and retailers are working hard to catch up, using tools to connect with a new generation of increasingly demanding and informed shoppers. South African shoppers are not what they used to be. They’re tougher, savvier,…
8 Jul 2024 11AM 12 min

High cost of car ownership keeps 1.9 million car finance holders stagnant

GUEST - Andrew Fulton, Director at Eighty20. There are approximately 12 million registered motor vehicles in South Africa. But when excluding light and heavy delivery trucks, taxis and motor-cycles, fewer than one in five adults have a personal vehicle. There are roughly 8 million motor cars and station wagons, as…
8 Jul 2024 11AM 9 min

Bidvest to sell Bidvest Bank and FinGlobal

GUEST - David Shapiro, chief investment strategist at Sasfin Wealth JSE-listed Bidvest will dispose of two of its entities – Bidvest Bank and FinGlobal, according to a statement on Sens on Wednesday. This follows the group’s announcement earlier this year that it intends to dispose of Bidvest Life. The group…
8 Jul 2024 11AM 9 min

Shoprite launches bulk online shopping and delivery service

GUEST – Mark Cotton, Head of B2B eCommerce at the Shoprite Group. Shoprite has ventured into South Africa’s bustling e-commerce sector by introducing online shopping and bulk delivery service for spaza shops and small businesses. Customers buying in bulk can now purchase goods online from its Cash & Carry stores,…
4 Jul 2024 11AM 8 min

Unequal pay for equal work: When is it discrimination?

GUEST – Malesela Letwaba, Associate at Employment Law practice at CDH. Remuneration levels can be a murky and complex area. Especially when employees are performing the same or similar job function. In a sc Scenario like this - where employees are performing equal work but their pay is different –…
4 Jul 2024 10AM 13 min

Big EFT and debit order changes coming soon.

GUEST - Ghita Erling, CEO: Payments Association of South Africa. South African banks will implement a big electronic funds transfer (EFT) payment change in September 2024, impacting direct payments and debit orders. The change followed a decision by the Common Monetary Area (CMA) regulators to discontinue processing EFT payments and…
4 Jul 2024 10AM 19 min

What entreprenuers really need to succeed in this economy

GUEST – Allon Raiz - Raizcorp CEO. Small business corporations are defined as entities with an annual turnover of less than R20 million in South Africa. These businesses are crucial to the South African economy as they contribute to job creation, economic growth, and poverty alleviation. However, despite their importance,…
4 Jul 2024 10AM 14 min

Is the SA government doing enough to support small businesses

GUEST – Stella Ndabeni-Abrahams - Minister of Small Business Development. Small Business Development minister, Stella Ndabeni-Abrahams has expressed that the department seeks to continue with the reform agenda that the 6th government administration started under the new Government of National Unity (GNU).
4 Jul 2024 10AM 11 min

Salaries in South Africa continue to outperform 2023 levels.

GUEST – Elize Kruger, Independent Economist. Take-home pay recovered somewhat in May, but pensions treading water. The BankservAfrica Take-home Pay Index (BTPI), tracking the average nominal take-home pay among about 4 million salary earners in South Africa, recovered somewhat in May 2024 to reach R15 888, a notable 10.0% up…
3 Jul 2024 10AM 14 min

Chicken livers and offal on the rise as SA shoppers buy down

GUEST - Roy Thomas, Operations and Logistics Director at Hume International Latest import statistics show that South Africans are increasingly buying down on chicken products to stretch their pennies, as soaring costs of living place severe pressure on household budgets. According to data for the first quarter of 2024 compiled…
3 Jul 2024 10AM 18 min

When is an employer contractually liable to pay bonuses?

GUEST - Tony Healy – Employer Labour Consultant Where an employer and employee had entered into a contract of employment that contains any provision regarding the compulsory payment of bonuses, an employer would need to adhere to the terms of such contract. If an employer does not pay the bonus,…
2 Jul 2024 11AM 15 min
1000 – 1020