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
1520 – 1540

Mr Price records group growth in revenue of 26.4% to R16.8bn

GUEST - The Finance Ghost – Retail Analyst Mr Price’s performance deteriorated in the first half of the 2024 financial year, as the retailer’s earnings dropped by around 10%. Mr Price released its results for the 26 weeks ended 30 September 2023 today, which revealed poor results for the company.
23 Nov 2023 12PM 8 min

SARB keeps repo rate at 8.25%,

GUEST – Arthur Kamp, Chief Economist at Sanlam Investments SARB Governor Lesetja Kganyago announced that the repo rate will remain the same on Thursday. This means the repo rate is 8.25%, while the prime lending rate stays at 11.75% in South Africa. This decision follows the trend from the MPC’s…
23 Nov 2023 12PM 8 min

Navigating the Shrinking JSE: Implications for Retirement Funds

GUEST – Johan Gouws, Head of Advice at Sasfin Asset Consulting In the wake of recent global and local market fluctuations, Mr. Gouws provides valuable insights into the challenges faced by retirement funds in South Africa due to the shrinking JSE and its implications on long-term investment portfolios. This interview…
22 Nov 2023 12PM 15 min

EKASINOMICS - Hear Tronix SA

GUEST – Clementine Phale is a speech therapist and audiologist. She is also the founder of Hear Tronix SA HearTronix SA (Pty) Ltd is a 100 % Black female-owned hearing aid distribution company established in 2016. HearTronix is a reputable South African hearing aid distribution company, dedicated to providing cutting-edge…
22 Nov 2023 12PM 20 min

CONCERNS RAISED ABOUT TWO-POT IMPLEMENTATION DATE

GUEST - Natasha Huggett-Henchie, a principal consultant at NMG Benefits The Standing Committee on Finance’s rejection of National Treasury’s recommendation that the Two-Pot retirement system be delayed has left the asset management industry anxious. The committee said that the Two-Pot system will be implemented on the original date of 1…
22 Nov 2023 12PM 5 min

To die so that another can live – why insurers need to rethink the red tape

GUEST – Berniece Hieckmann, Executive: Strategy, Business Transformation & Business Optimisation at Metropolitan The article discusses: Why funeral cover is seen as a wealth creator within a South African context, and prioritised over life cover The legal definitions of 'insurable interest' and 'unjust enrichment' - and the grey area surrounding…
21 Nov 2023 12PM 14 min

Rand Manipulation unpacked

GUEST – Andre Cilliers - Director and Currency Risk Strategist at TreasuryOne British multi-national bank Standard Chartered has admitted to its role in manipulating the dollar-rand exchange rate and has agreed to pay an administrative penalty of R42.7 million, ending roughly eight years of litigation with South Africa's competition authorities…
21 Nov 2023 12PM 15 min

African Bank now serving 4 million customers

GUEST - Zweli Manyathi - African Bank's executive for business banking African Bank group reported a net profit after tax of R505 million. African Bank's executive for business banking, Zweli Manyathi joins us to unpack their latest results.
21 Nov 2023 12PM 9 min

Standard Bank Kasi SME summit

GUEST – Godiragetse (Godi) Mogajane, Founder of Delivery Ka Speed The Standard Bank Kasi SME Summit 2023 is for small and medium businesses who make up the vibrant township economy. Whether you are a startup, an aspiring entrepreneur or on your way to corporate greatness, you need to be armed…
20 Nov 2023 12PM 11 min

Barloworld posts a 14.3% increase in full-year revenue

GUEST - Dominic Sewela - Barloworld CEO Key financial highlights: - Revenue from continuing operations of R45.0 billion, up 14.3% - Group operating profit from core trading activities improved 18.6% to R4.3 billion - Group operating profit margin of 9.6% (FY22: 9.3%) - Group EBITDA margin of 12.2%, in line…
20 Nov 2023 12PM 8 min

Astral Foods reports a significant R1.6 Billion loss.

GUEST – Gary Arnold, Chief Operating Officer at Astral Foods. South Africa's biggest poultry producer Astral Foods ARLJ.J swung to a full-year loss on Monday, as an ongoing electricity crisis and the country's worst bird flu outbreak cost the company R1.6 billion rand. Astral reported a R621 million-rand operating loss…
20 Nov 2023 12PM 9 min

What the law says about going to work while sick:

GUEST - Osbourne Molatudi – MD of Molatudi Attorneys Employees who deliberately and recklessly place their colleagues at risk of health hazards by going into work when they are sick, can be charged with misconduct and fired. This is the conclusion drawn from a Labour Court ruling which found that…
16 Nov 2023 12PM 8 min

Financial services group Investec reported a 15% rise in half-year profit.

Investec, the niche bank and wealth manager, upped its interim dividend by almost 15% after a rise in interest rates helped boost its first-half earnings. It has also benefitted from strong corporate loan growth and increased revenue from its South African wealth and investment operations. The Johannesburg- and London-listed firm,…
16 Nov 2023 12PM 8 min

COMPANY RESULTS - Life Healthcare

GUEST – Peter Wharton-Hood - Life Healthcare Group CEO Life Healthcare shareholders could be in for an R8.4 billion payout bonanza if the group’s proposed R21 billion sale of its Alliance Medical Group (AMG) business in the UK gets the green light. This is revealed in the group’s latest results…
16 Nov 2023 12PM 8 min

SARS crackdown on crypto assets

GUEST - Jashwin Baijoo, Head of Strategic Engagement and Compliance at Tax Consulting South Africa Landing in a position of indebtedness to SARS can be quite a stressful journey on its own; if forgetting to leave room for crypto profits or gain, in your suitcase, the destination becomes all that…
15 Nov 2023 12PM 11 min

INSIDE YOUR BUSINESS - Pineapple raises R400 million in funding

GUEST – Ndabenhle Ngulube – Pinapple Co-Founder Pineapple, South Africa’s leading digital insurance provider, has announced the conclusion of a R400m funding round. This transaction sets a new record as the largest Insurtech fundraised on the continent, reaffirming investor confidence in Pineapple’s transformative approach to insurance.
15 Nov 2023 12PM 12 min

COMPANY RESULTS - MultiChoice reports R911 million loss in latest interim results

GUEST – Calvo Mawela – Multichoice Group (CEO) DStv-owner MultiChoice reported a significant loss for the six months of the financial year, pointing to an uphill battle to turn the company around. MultiChoice’s results for the six months ended 30 September 2023 revealed a loss of R911 million, a massive…
15 Nov 2023 12PM 7 min
1520 – 1540