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
1280 – 1300

FSCA fines Markus Jooste R475M for Steinhoff misconduct

GUEST - Alex Pascoe, Departmental Head for Market Abuse at the FSCA The Financial Sector Conduct Authority (FSCA) has today issued a penalty of R475 million to Mr Markus Jooste, following a thorough investigation. The investigation found that Mr Jooste and Mr Dirk Schreiber made or published false, misleading, or…
20 Mar 2024 1PM 12 min

Unbundling strategies – Do they always guarantee success?

GUEST - The Finance Ghost – Retail Analyst 2024 promises to be a good year for new listings on the JSE as more holding companies announce their plans to unbundle their subsidiaries and list them separately on the stock exchange. WeBuyCars, Boxer, Rainbow Chicken and TymeBank are some of the…
20 Mar 2024 1PM 9 min

Discovery reports profit growth of 13% to R5.6bn

SA's biggest medical scheme administrator, Discovery reported a net profit growth of 3% to R3.3 billion in the six months to end-December. Discovery Group CEO, Adrian Gore joins KAYABiz with Gugulethu Mfuphi to unpack the company's latest performance update
20 Mar 2024 1PM 11 min

What are the insurance implications of product recalls?

GUEST - Molebatsi Langa, head of strategic retail accounts at Old Mutual Insure The interview unpacks: What are the risks that businesses face in today's environment, especially regarding product quality and safety? How does Product Liability and Recall Insurance help mitigate the financial losses for companies facing product recalls? What…
19 Mar 2024 12PM 18 min

Beef prices resilient despite load shedding and consumer pressure – Absa

UEST – Nkhensani Mashimbyi, Economist at Absa Agribusiness Beef prices, which have historically been sensitive to increases in the frequency and intensity of load shedding, have responded favourably to a surge in consumer demand over the festive season, despite an escalation in the occurrence and severity of load shedding. This…
19 Mar 2024 12PM 12 min

RETAILERS’ CONFIDENCE DIPPED DESPITE HIGHER SALES VOLUMES

GUEST – Lisette IJssel De Schepper. Senior Economist at Bureau for Economic Research (BER) Data from the Bureau for Economic Research’s (BER) latest Retail Trade survey yesterday showed BER’s retailer confidence index slumped back to 34 in the first quarter of 2024 – implying that only a third of the…
19 Mar 2024 12PM 9 min

Remgro reported a 40% plunge in interim headline earnings.

Remgro reported a 40% plunge in interim headline earnings due to the difficult operating environment, particularly in relation to the trading results of Heineken Beverages Remgro Limited CFO, Neville William joins us to unpack their latest results
19 Mar 2024 12PM 14 min

Why SA municipalities continue to underspend grant allocations.

GUEST - Miyelani Holeni Group Chief Advisor at Ntiyiso Consulting Group The underspending of grant allocations, accumulating customer and municipal debt, and inadequate progress in revenue collection across South Africa’s 257 municipalities remain a cause of concern for the National Treasury. This was outlined by the Treasury discussing the recently…
18 Mar 2024 4PM 26 min

CAREER’S CORNER: Employed But Unhappy: Tackling career stagnation in 2024

GUEST - Boniwe Dunster – HR Executive: Lanseria International Airport Feeling stuck in your career can be disheartening, but it's important to remember that you have the power to break free from this stagnant phase and reignite your professional growth. Here are some common reasons why careers may stall and…
18 Mar 2024 1PM 15 min

Hard times in Nigeria as reforms deepen cost of living crisis

GUEST - Victor Kgomoeswana - Africa expert Nigeria is currently experiencing its worst economic crisis in a generation, leading to widespread hardship and anger. A litre of petrol costs more than three times what it did nine months ago, while the price of the staple food, rice, has more than…
18 Mar 2024 1PM 19 min

COMPANY RESULTS - JSE hikes dividend amid double-digit profit growth

GUEST – Leila Fourie - JSE Group CEO The JSE delivered a strong revenue performance in 2023, with growth of 12.2% in headline earnings per share (HEPS) and return on equity of 19.4% in line with long-term targets. JSE Group CEO, Leila Fourie joins us to unpack their latest results.
18 Mar 2024 1PM 13 min

Thungela reports 73% drop in profit

Leading South African thermal coal exporter, Thungela Resources' profit dropped 73% to R4.97 billion in 2023 due to a significant decline in benchmark coal prices and continued poor performance of Transnet Freight Rail. Thungela Resources CEO, July Ndlovu joins us.
18 Mar 2024 1PM 10 min

FOLLOW UP - Sci-Bono Discovery Centre invests in business leaders of tomorrow

GUEST – Abbey Witbooi - Chairperson of the Board of Sci-Bono Discovery Centre The Be Entrepreneurial programme aims to turn budding entrepreneurs into employment creators of the future The Sci-Bono Discovery Centre is acting to stimulate entrepreneurship in young people, teaching the skills youngsters need to start and run successful…
14 Mar 2024 12PM 7 min

RESEARCH: Work from home has given rise to a new epidemic

GUEST - Motshabi Nomvethe, Head of Technical Marketing, Professional Provident Society IS SITTING THE NEW HEALTH EPIDEMIC? For many people, work means hours and hours of sitting, with few opportunities to take a break or go for a walk. According to Yale Medicine, while this may be a normal part…
14 Mar 2024 12PM 17 min

OPINION – Why investing in property is not low-risk or passive.

GUEST - Maya Fisher-French is a financial journalist and author at Maya on Money Investing in property can be a great investment but be sure that you understand the risks. I recently ran a survey on social media to understand what asset classes people invest in. The majority of women…
14 Mar 2024 12PM 19 min

Manifesto Unpacked: What’s ANC’s plan on prescribed assets?

GUEST – Zuko Godlimpi, deputy chair of the ANC’s economic transformation committee AND Johann Els, Chief Economist at Old Mutual South Africa’s ruling ANC will forge ahead with plans to revive an apartheid-era rule compelling pension funds to plough money into certain government-approved investments, assuming it retains power in upcoming…
14 Mar 2024 12PM 18 min

Exxaro Resources reported a 17% drop in revenue

GUEST - Riaan Koppeschaar - Exxaro's Finance director South African coal miner Exxaro Resources reported a 17% drop in revenue to R38.7-billion compared with 2022. Exxaro's Finance director, Riaan Koppeschaar joins us to unpack their latest results.
14 Mar 2024 12PM 8 min

Standard Bank posts 27% jump in annual profit

GUEST – Sim Tshabalala – Standard Bank Group CEO Africa's largest lender by assets Standard Bank recorded headline earnings of R4.2 billion for the year to end-December 2023, up 27% from the prior year. Standard Bank Group CEO, Sim Tshabalala joins us to unpack their latest results.
14 Mar 2024 12PM 9 min

How to calculate the ‘Please Call Me’ product value

GUEST – Wesley Diphoko is the Editor-In-Chief of the Fast Company (SA) magazine. WHEN the Constitutional Court declared that Nkosana Makate should be paid what is due to him, little did we know it would take such a long time to get a final decision on payment. How did we…
13 Mar 2024 1PM 13 min
1280 – 1300