Kaya Biz

EKASINOMICS – Ekasi Spaza shop stokvel

GUEST – Mbongeni Sangweni - Spaza Shops Stokvel founder Spaza shops contribute up to 5.2% to the country’s GDP, employing 2.6 million individuals, according to the South African Township Marketing report published in 2021 by digital marketing agency, Rogerwilco. Spaza shops have been part and parcel of the township's economic…

30 Mar 2023 1PM 15 min

INSIDE YOUR BUSINESS – How does private equity work?

GUEST – Kondi Nkosi, Country Head for Schroders in South Africa Whether you realize it or not, many of the goods, services, and products you use every day are from private equity-backed companies. Grabbing dog food at PetSmart? It's private equity-backed. Picking up Arby’s or Panera Bread on the way…

30 Mar 2023 1PM 10 min

Independent pharmacies have win 7-year battle against Clicks.

GUEST – Jackie Maimin - CEO of Independent Community Pharmacy Association of South Africa Independent pharmacies have won their seven-year battle against JSE-listed health and beauty retailer Clicks over its ownership of both pharmacies and a drug manufacturer, after the Constitutional Court ruled the company had contravened regulations to the…

29 Mar 2023 1PM 13 min

TECH & INNOVATION – Nova Messenger: a positive disruptor reframing communication

GUEST – Nicholas Riemer Co-founder and CEO - Nova Messenger Nova Messenger delivers messages fast, effectively, and privately, ensuring all your university, school and work announcements reach you instantly. It was made clear during the peak of the Covid pandemic, that educational institutions that could not adapt and respond to…

28 Mar 2023 1PM 15 min

ITS MY HOUSE – SA’s house price inflation is likely to reach 3.7% in 2023

GUEST - Esteani Marx - Head of Real Estate at Lightstone Property With no end in sight for SA’s electricity woes and increasing water outages, the South African Reserve Bank (SARB) recently increased interest rates by 25 basis points and adjusted its GDP growth forecast to just 0.3% for 2023,…

28 Mar 2023 1PM 14 min

Middle to high-income earners are driving a recovery in SA’s hospitality sector

GUEST – Sanisha Packirisamy - Momentum Investments economist Consumer Pulse report for the first quarter of this year found that the recovery path in hotels and restaurants alongside vehicle sales points to an unbalanced recovery in the spending power of consumers. Higher-income earners are displaying higher levels of purchasing power,…

28 Mar 2023 1PM 9 min

Report finds unjustified price hikes for staple foods in South Africa

GUEST – Dr. Thulani Mandiriza - Principal Economist at the Competition Commission The Competition Commission says that South African consumers have been subjected to unjustified price increases for sunflower oil, white and brown bread over the last two years – and may have also been subjected to “opportunistic price increases”…

28 Mar 2023 1PM 11 min

The need for more middle class to participate in demonstrations/protests

GUEST - Mzwanele Ntshwanti – Economist and UNISA Lecturer South Africa has long been described as the “protest capital of the world”. But the protests have largely been confined to townships and informal settlements. The student protests of 2015-2016 suggested that this was beginning to change, with students of all…

20 Mar 2023 1PM 20 min

BUSINESS PARTNERS – The importance of planning ahead for business owners.

GUEST – Veroshen Naidoo - Regional Investment Manager at Business Partners Ltd One of the most important activities you can do for your business to ensure you reap financial success is to plan. Planning gives your company a clear direction when mapping out your goals. You plan on the direction…

20 Mar 2023 1PM 8 min

NATIONAL SHUTDOWN - Many businesses closed today due to national shutdown

Kganki Matabane - Chief Executive Officer at The Black Business Council & Rosheda Muller - President of the Informal Traders Forum Some big businesses have been pressured to close their doors by the national shutdown calls until Wednesday, in spite of assurances by the government that Monday is a normal…

20 Mar 2023 1PM 9 min

UBS to buy Credit Suisse in historic deal to end crisis

GUEST – Kwame Antwi - Founder of KOA Capital UBS Group AG agreed to buy Credit Suisse Group AG in a historic, government-brokered deal aimed at containing a crisis of confidence that threatened to spread across global financial markets. The Swiss bank is paying more than $2 billion for its…

20 Mar 2023 1PM 9 min

EKASINOMICS – Arthur Mahlangu is the owner of BizTweak

BizTweak is a diagnostic platform that is aimed at assisting entrepreneurs structure their businesses, business ideas, and their thinking around running a sustainable business. The assessments helps entrepreneurs know what they don’t know, and also provides them with recommendations on how to address the gaps that have been outlined in…

16 Mar 2023 8AM 26 min

Santam buys MTN's R400m device book

GUEST – Gerald van Wyk who is the CEO of Santam's Client Solutions Business Africa's largest short-term insurer Santam has agreed to buy MTN SA's mobile telecommunication firm’s device insurance book, which has just over 400 000 policies and an annual gross written premium value of almost R400 million. In…

16 Mar 2023 8AM 9 min

LEGALLY SPEAKING – Cash-strapped consumers cashing out on life savings to survive

GUEST - Hennie de Villiers, deputy chair of the Asisa Life and Risk Board Committee South Africa has seen an increase in financially distressed consumers cashing out their savings/investments and surrendering their insurance policies to survive, as they feel the sting of the country’s sharp economic slowdown, according to the…

15 Mar 2023 1PM 12 min

Latest data finds 65% of middle-income earners want ANC out in the 2024

GUEST – Brandon de Kock - BrandMapp director of storytelling More than half of South African taxpayers want to vote the governing party out of power in next year’s elections because of rolling blackouts, a survey shows. An online poll of almost 1 500 adults last month found that 65%…

15 Mar 2023 1PM 8 min

Growthpoint Properties reports half-year DPS growth of 4.6%

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…

15 Mar 2023 1PM 10 min

The role of internal audit in fighting corruption in government and private sector

GUEST – Julius Mojapelo the CEO of The Institute of Internal Auditors South Africa Internal auditing remains pivotal to governance. Internal audit is well placed to complete the assurance reality check. It not only assesses the quality of assurance provided but examines the relevance to the management or governance committee…

14 Mar 2023 1PM 22 min

ITS MY HOUSE – Number of residential rental properties standing vacant

GUEST - Waldo Marcus, head of marketing at TPN The rental market in South Africa showed a year-on-year decrease in vacancy rates for the fourth quarter of 2022. According to the latest TPN Vacancy Survey, the national vacancy rate – the number of vacant properties – dropped from 11.71% in…

14 Mar 2023 1PM 19 min

Old Mutual reports 10% jump in profits

GUEST – Iain Williamson – CEO of Old Mutual South Africa’s second-largest insurer Old Mutual posted double-digit growth in profits, on the back of a decrease in the effect of the Covid-19 pandemic, following a high claims environment over the last few of years. Old Mutual said headline earnings rose…

14 Mar 2023 1PM 8 min

BankServAfrica launches a new instant payment service for SA

GUEST – Mpho Sadiki, head of real-time payments at BankservAfrica The recent launch of PayShap (born out of the payments industry-led Rapid Payments Programme or RPP) developed as part of the SA Reserve Bank’s Vision 2025 and is a giant leap forward in the campaign to modernise payments in SA…

14 Mar 2023 1PM 1 hr 18 min