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
1500 – 1520

LEGALLY SPEAKING – Who is the Companies Tribunal and why do they exist

GUEST – Judge Dennis Davis, Companies Tribunal Chairperson The Companies Tribunal has been established to resolve company disputes for free through adjudication and alternative dispute resolution. It is an alternative to the courts and was established to promote access to justice in the Republic of South Africa. Judge Dennis Davis…
29 Nov 2023 12PM 13 min

COMPANY RESULTS – Vukile posts 5.2% rise in distributable income

GUEST – Laurence Rapp - Vukile Property Fund CEO Vukile Property Fund has reported a 10% increase in its cash dividend to 52.10 cents per share for the six months to September 2023 and 5.2% growth in its funds from operations (FFO) to 85 cents per share.
29 Nov 2023 12PM 7 min

MINING SECTOR CRISIS UNPACKED

GUEST - Mzila Mthenjane CEO of Minerals Council It’s been a terrible week for mining, with 11 workers killed in a mine shaft accident at Impala’s Rustenburg operations, while several mining companies announced plans to cull jobs amid a commodities downturn and deteriorating efficiency at South African ports.
29 Nov 2023 12PM 18 min

SA universities generate R2.31 billion philanthropic funding - but stark inequality remains

GUEST – Feryal Domingo - acting executive director of Inyathelo A study commissioned by Inyathelo, the South African Institute for Advancement, has revealed a significant increase in philanthropic funding for South African universities. However, the research also exposes deep-seated disparities in funding distribution that continue to plague the higher education…
28 Nov 2023 12PM 8 min

ITS MY HOUSE – Five Projected Homebuying Deposit Trends for 2024

GUEST – Jackie Smith, Head of Buyers Trust While 2023 has been a challenging year for the residential property sector, one aspect of the homebuying process that has only grown from strength to strength would have to be home loan deposits. “In 2022, homebuyers across the country were putting down…
28 Nov 2023 12PM 11 min

BLACK FRIDAY WRAP – Black Friday online shopping stays popular, in-store sales down

GUEST - Shergeran Naidoo, BankservAfrica’s Head of Stakeholder Engagements. In the online vs in-store retail Black Friday battleground, it would appear more South Africans focused on filling their online shopping carts which tracked positive year-on-year growth unlike the declining in-store sales, according to BankservAfrica’s numbers. The 2023 levels, however, reflected…
28 Nov 2023 12PM 7 min

NUM says 10,000 jobs at risk in SA mining sector

GUEST - Luphert Chilwane - NUM spokesperson and Mamokgethi Molopyane, mining and labour analyst. An estimated 10,000 jobs are at risk in South Africa’s mining industry, according to BusinessLive, a newspaper. The estimate, made by the National Union of Mineworkers, is based on Section 189 restructuring notices issued by mining…
28 Nov 2023 12PM 14 min

Zeda achieves a 12% increase in revenue, totalling R9,145 million.

GUEST - Ramasela Ganda - Zeda Chief Executive Officer Zeda Limited, Africa's leading integrated mobility solutions provider and operator of the globally recognised Avis and Budget brands, today announced a robust financial performance for the year ended 30 September 2023, signalling strong growth in the dynamic car rentals and leasing…
27 Nov 2023 12PM 8 min

Crime costs SA’s economy R700bn a year, says World Bank report

GUEST – Benedicte Baduel - World Bank Senior Economist The World Bank's latest economic update has shed light on the profound impact that organized crime has on South Africa's economy. Crime is costing the nation a staggering R700 billion each year, which is hampering economic growth and affecting the well-being…
27 Nov 2023 12PM 11 min

Lucky Star owner, Oceana posts 28.9% jump in headline earnings.

GUEST - Zaf Mahomed – Oceana CFO Food processor Oceana reported an increase in earnings for the 2023 financial year as its Lucky Star tinned fish product achieved record sales. Oceana released its results for the year ended 30 September 2023 today, which revealed a strong performance for the company…
27 Nov 2023 12PM 7 min

Follow Up: Volkswagen not leaving SA

GUEST - Andile Dlamini - Head: Group Communications at Volkswagen Group South Africa Volkswagen South Africa confirms that they won't be leaving South Africa despite ongoing energy and logistical challenges. ”We are not cutting jobs yet - but we are sending a warning shot to government. Something needs to be…
27 Nov 2023 12PM 9 min

FOLLOW UP: The logic behind the Trevor Noah tourism advert

GUEST – Tshifhiwa Tshivhengwa – CEO of Tourism Business Council of South Africa (TBCSA) In a ground-breaking initiative to help the country get closer to the goal of attracting 21 million visitors to South Africa, the Tourism Business Council of South Africa (TBCSA) has partnered with world-renowned comedian, Trevor Noah,…
23 Nov 2023 12PM 17 min

What do the wealthy spend their money on over Black Friday

GUEST – Ashley Saffy, Business Development Head, FNB Credit Card South Africans are expected to spend more on Black Friday 2023 than they did in 2022 – but a muted economy is still keeping projections lower than the record R42 billion spent in 2021. However have you ever wondered where…
23 Nov 2023 12PM 12 min

Jason Quinn to take over as new Nedbank CEO.

GUEST - Daniel Mninele - NEDBANK Chairman Nedbank has announced the appointment of Jason Quinn as CE-designate of Nedbank Group and Nedbank Limited, subject to regulatory approval. After completing his notice period with his current employer, Quinn will assume the role of CE following Mike Brown’s planned retirement from the…
23 Nov 2023 12PM 11 min
1500 – 1520