Kaya Biz

INSIDE YOUR BUSINESS- Fuel increases to weigh heavily on freight costs, consumers – RFA

GUEST - Gavin Kelly - Road Freight Association (RFA) CEO The increase in fuel prices for September will force transporters to increase their pricing to cover the higher diesel costs, member organisation Road Freight Association (RFA) CEO Gavin Kelly says. The Department of Mineral Resources and Energy has announced that…

6 Sep 2023 1PM 7 min

Businesses still under immense pressure in South Africa

GUEST – Siobhan Redford - RMB's Economist Although business confidence edged higher in the third quarter of 2023 thanks to reduced load shedding over the period – the country is back in the throes of stage 6 load shedding, while other businesses are concerned about risks of social unrest, as…

6 Sep 2023 1PM 7 min

Insurer heads to court to legally prevent people from reversing legitimate debit orders.

In a legal dispute that might reshape how debit order reversals are governed in SA, insurance group Clientele wants to force banks to give it an opportunity to provide proof of a valid mandate before reversing debit orders. This as the JSE-listed insurer battles to contain a rise in debit…

6 Sep 2023 1PM 10 min

Consumers are unhappy with the state of South African food due to the effects of load shedding

GUEST - Riaan Singh, PwC South Africa Experience Consulting and Customer Transformation Leader South African retailers have successfully driven positive consumer perceptions through special offers and affordable product promotions, but their customer service capabilities are leaving much to be desired. This is according to the South African Retail Sentiment Index,…

5 Sep 2023 1PM 12 min

In conversation with Stat SA SG, Risenga Maluleke

Stats SA’s Statistician-General, Risenga Maluleke joins host of KAYABiz, Gugulethu Mfuphi to have an in-depth analysis of SA's economy.

5 Sep 2023 1PM 26 min

Shoprite records strong performance despite spending over R1.3 billion on load shedding related costs.

GUEST - The Finance Ghost – Retail Analyst South Africa’s biggest retailer, Shoprite, has recorded a strong financial performance despite spending over R1.3 billion on diesel to curb load shedding. In its financial results for the 52 weeks that ended 2 July 2023, the group grew sales by 16.9% to…

5 Sep 2023 1PM 11 min

JOBURG FIRE – Understanding fire insurance cover for your sectional title property

GUEST – Ernest North, co-founder of Naked Insurance Fire isn’t top of mind for South Africans when they buy insurance because the chances of becoming a victim are relatively low. But although fires aren’t as common as burst geysers, burglaries, or electronics getting fried by power surges, the losses can…

4 Sep 2023 1PM 12 min

An increasing number of South African women are using credit – Experian Report

GUEST - Ans Gerber - Head of Data Insights at Experian Africa According to the latest Experian Consumer Default Index (CDIx) for Q2, South African women account for half of the total amount of consumers on the credit bureau. This means that in terms of being credit active, women are…

4 Sep 2023 1PM 14 min

CAREERS CORNER– Busting the 5 behaviours keeping you stuck in a rut

GUEST - Advaita Naidoo, Africa MD at Jack Hammer It’s not uncommon for individuals to feel stuck in a rut in their professional lives. Despite putting in the work and the hours, they may still not see the progress or growth they desire. This feeling of stagnation can leave them…

4 Sep 2023 1PM 10 min

WEALTH CREATION – MASTERING FINANCIAL SECURITY ACROSS GENERATIONS

GUEST - Daryl Coker - Advisory Partner at Citadel For many South African families, talking about wealth and securing it across generations can still be a challenge. International research suggests that family wealth rarely lasts more than three generations, because families don’t talk about money or inheritances, and don’t work…

4 Sep 2023 1PM 9 min

Transnet's underperformance crippling mining industry.

GUEST - Peter Major, director of mining at Modern Corporate Solutions Troubled state-owned rail and ports operator Transnet swung to a full-year loss of R5.7 billion for the year ended 31 March 2023, significantly down from a profit of R5 billion for the previous year. The group blamed lower rail…

4 Sep 2023 1PM 10 min

Old Mutual’s legal battle with Peter Moyo comes to an end.

GUEST – Peter Moyo – Former Old Mutual CEO and Tabby Tsengiwe, GM of Public Affairs Sustainability at Old Mutual The highest court in the land, the Constitutional Court (ConCourt) has finally put an end to the dispute between Old Mutual and its former CEO Peter Moyo, some four years…

4 Sep 2023 1PM 9 min

RCL Foods profit drops 46% as sugar levy, feed costs weighs.

GUEST - Paul Cruickshank - Chief Executive Officer of RCL Foods RCL Foods, which is majority-owned by Johann Rupert's Remgro, reported that full-year earnings growth fell by more than 40% as it battled input costs in its poultry business and saw load shedding severely hit production in its pet food…

4 Sep 2023 1PM 9 min

JOBURG FIRE – Fundamental fire safety measures we should all building owners should know

GUEST – Christopher Williams, Sales Engineer for Commercial Buildings at Eaton South Africa Christopher William of Eaton South Africa joins KAYABiz host, Gugulethu Mfuphi to unpack fundamental fire safety measures that property owners show know.

31 Aug 2023 1PM 8 min

JOBURG FIRE – The economics of Hijacked buildings in Joburg CBD

GUEST – Angela Rivers, General Manager: Johannesburg Property Owners and Managers Association (JPOMA) The City of Johannesburg mothballed a task team to clean up the 80 Albert Street building, where 74 people perished in an inner-city blaze. The building, owned by the City, is one of 57 hijacked buildings that…

31 Aug 2023 1PM 12 min

PIVOT POINT– In conversation with Janice Johnston, Chief Executive of Edge Growth’s Ventures

Janice has a deep and diverse investment background spanning over 25 years with highly regarded financial institutions in South Africa and London, including 10 years with Prudential Capital (part of Prudential plc) as Director, Principal Finance. On her return to SA in 2013, Janice made a conscious decision to apply…

31 Aug 2023 1PM 21 min

INSIDE YOUR POCKET – SA companies to be forced to reveal pay gap between bosses and workers

GUEST - Tony Healy - Labour Consultant Listed and state-owned companies will, in the future, have to disclose the pay gap between the highest and lowest-paid as well as the average and median pay of all employees, according to amendments to the Companies Act, which have been introduced into Parliament…

31 Aug 2023 1PM 7 min

R4.8 billion in investment pledge in local motoring sector

GUEST – Renai Moothilal – CEO of National Association of Automotive Component & Allied Manufacturers (Naacam) NAACAM's Renai Moothilal announced that sixteen exhibitors at this year's conference pledged over R4.8 billion in investment. Trade and Industry Minister Ebrahim Patel, who delivered a keynote address at the event in Tshwane today,…

31 Aug 2023 1PM 9 min

Department of Public Enterprises to close down in 2024 – What happens to SOEs?

GUEST - Wayne Duvenage – CEO of OUTA South Africa’s government intends to shut down the Department of Public Enterprises, which oversees seven of the biggest state companies, when a new administration takes office after elections in about a year’s time. President Cyril Ramaphosa announced the closure of the department…

31 Aug 2023 1PM 8 min

SA’s largest short-term insurer, Santam has posted a 146% surge in headline earnings.

GUEST - Gugu Mtetwa, Santam COO Santam, South Africa’s largest short-term insurer, recorded an overall solid financial performance for the six months to 30 June 2023, with the group’s conventional insurance business achieving Gross Written Premium (GWP) growth of 7% and a net underwriting margin of 3.8% (June 2022: 3.0%)…

31 Aug 2023 1PM 12 min