Kaya Biz

ITS MY HOUSE: What You Can (and Cannot) Do about a Bad.

You love your home—or at least you used to. When you moved into your idyllic spot, the neighborhood was perfect and your neighbors on either side were nice, normal, friendly people, but then “they” moved in. Whether your troublesome neighbor actively seeks out and causes problems, tampers with your property,…

4 Oct 2022 8AM 16 min

Business industry welcomes new Eskom board but De Ruyter is under fire.

The NSBE welcomes the announcement of the new Eskom SOC Ltd Board Members by the Minister of Public Enterprises, Mr. Pravin Gordhan, on 30 September 2022. We are pleased to see the caliber of professionals appointed, with 5 highly qualified and experienced engineers to bolster the technical expertise at board…

4 Oct 2022 8AM 9 min

UK government forced to ditch plan to slash top rate of tax.

The British government is reversing plans to scrap the highest rate of income tax, announcing the embarrassing retreat after a rebellion among its own lawmakers and a week of financial and economic turmoil. In a statement on Monday, finance minister Kwasi Kwarteng said the tax cut for people earning more…

4 Oct 2022 8AM 11 min

South African factory activity contracts in September- Absa PMI.

South African manufacturing activity contracted in September as extensive power cuts weighed on production and new sales orders declined, a survey showed on Monday. The seasonally-adjusted Absa Purchasing Managers' Index (PMI) was at 48.2 points in September from 52.1 points in August, falling below the 50-point mark that separates expansion…

3 Oct 2022 5AM 10 min

New Eskom board is no quick fix for a turnaround.

The government has announced a shake-up of the Eskom board, replacing its chair and appointing 13 non-executive directors who collectively bring engineering, energy policy and delivery, and accounting expertise. Public Enterprises Minister Pravin Gordhan, with the support of his Cabinet colleagues, made sweeping changes to the Eskom board as the…

3 Oct 2022 5AM 10 min

Wealth Creation: Investing in the booming classic car market could grow wealth.

Why investing in the booming classic car market could significantly grow your wealth. A growth estimate of US$12.5 billion (R200.4bn) has been forecast for the global classic car market over four years from 2020 to 2024 off an initial value base of US$30.9bn (R495.3bn). Still, the market has gone into…

3 Oct 2022 5AM 14 min

CAREER'S CORNER: The role of parents in their child's career choices.

Ensuring your children are set up for a successful career, future financial security and a good quality of life is a pressing challenge for every parent. As parents, your children will look to you for advice and guidance even if they don’t like to admit it! Parents have a key…

3 Oct 2022 5AM 17 min

Unconscious bias - how it limits our growth and your company's growth.

Nowadays, humans have great minds that are open to diversity and inclusion - but how does unconscious bias affect the workplace? No one is perfect, and people can be subject to implicit bias without even noticing. That's right, you might be a little racist or discriminating without even knowing it…

3 Oct 2022 5AM 16 min

Can money buy happiness?

Can money buy happiness? Money is important to happiness; ask anyone who doesn't have it. The recently released 2022 Bateleur Vantage Point survey explored many facets, including the concept of happiness.

3 Oct 2022 5AM 8 min

Capitec reports surge in customers, hikes dividend on strong growth.

Capitec Bank has published its financial results for the half-year period ended August 2022, showing a 17% growth in group headline earnings to R4.7 billion from R4 billion for the comparative period. Active clients are up 13% to 19 million. “Over the past five financial years, our compound annual growth…

29 Sep 2022 2AM 12 min

More trouble for ‘NEW’ SAA as it loses licences to important routes.

South African Airway has reportedly lost 20 licences to routes that serve domestic and international passengers. The Air Services Licensing Council (ASLC) revoked the licences after the troubled airline was unable to prove that it had sufficient personnel, facilities and equipment to service the routes, according to aviation analyst Phuthego…

29 Sep 2022 2AM 9 min

INSIDE YOUR POCKET: Metropolitan helps instill a culture of saving within Mzansi

INSIDE YOUR POCKET - Metropolitan helps instill a culture of saving within Mzansi by changing the traditional savings approach. Saving money towards the achievement of a financial goal, retirement or simply to have access to funds during an emergency is universally accepted as something wise and worthwhile. And yet, most…

29 Sep 2022 1AM 12 min

PIVOT POINT: Barati Mahloele - Director of Tiger Brands' Venture Capital Fund.

Tiger Brands is aiming high with the appointment of Barati Mahloele as the company’s Venture Capital Fund director. She joined the business from Zebu Investment Partners, where she was Vice President of Investments. Mahloele who has considerable experience in the field, holds an MBA from the University of Oxford’s Said…

29 Sep 2022 1AM 19 min

In conversation with Steinheist director, Richard Finn Gregory.

A new three-part documentary by the producers of Devilsdorp on the fall of Steinhoff highlights not only the infamous dealings of Markus Jooste but also how corruption in the private sector all too frequently flies beneath the radar. The first episode of the docuseries by production company Idea Candy and…

29 Sep 2022 1AM 16 min

Governance lessons learned from the Eskom crisis.

In this opinion piece, Nelson Mandela University Infrastructure Development & Engagement Unit associate Bongani Mankewu writes that an Industrial Council Body needs to be enacted into law for the appointment of boards of directors at State-owned enterprises (SOEs) and the monitoring of the Industrial Development Programme. South Africa's Eskom crisis…

28 Sep 2022 3AM 11 min

Banks face avalanche of demand from customers trying to ditch Eskom.

Banks are facing an avalanche of inquiries from customers ready to throw in the towel with Eskom and go solar. All offer a range of financing options, from access bonds and readvances to personal loans and leasing – and many have partnered with professional solar installers to ensure consistency in…

28 Sep 2022 3AM 11 min

INSIDE YOUR BUSINESS: How to Make Your eCommerce Site More Profitable in 2022.

Johannesburg, South Africa – September, 2022: By now, it’s no secret that the pandemic brought forth a cosmic explosion within the eCommerce space. An industry which, despite its exponential year-over-year growth, was a moderate blip on the radar of both consumers and those around the boardroom table, became a must-have…

28 Sep 2022 3AM 15 min

LEGALLY SPEAKING: Claiming a life insurance policy where deceased is missing.

Claiming under a life insurance policy where the deceased’s body is missing. The major events of recent years, particularly in South Africa, including the 2021 July civil unrest and 2022 Durban floods, have brought forth an issue that is not often entertained due to the rarity of such events, and…

28 Sep 2022 2AM 17 min

EKASINOMICS: Local entrepreneur turns eyewear into a hot business.

The young entrepreneur, affectionately known as Ntwana e Blind, started selling the Zaza Eyewear on social media and managed to cultivate a loyal customer base that also shares the same love for chic sunglasses. Xolani accredits the success of the eyewear to him offering his customers a wide variety of…

28 Sep 2022 2AM 16 min

REMGRO shows strong earnings recovery above pre-pandemic levels.

JSE-listed investment holding company Remgro is reporting a 125.1% increase in headline earnings to R6.49 billion for the full year period ended June 2022, coming off a Covid-19 led low base and boosted by the recovery in earnings for most of the group’s underlying investee companies, it says in a…

27 Sep 2022 5AM 11 min