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
2520 – 2540

Discovery's profits jump as it carves out additional SA market share.

South Africa's largest medical scheme administrator Discovery says profits surged by about three-quarters in its year to end-June, boosted as the firm's key markets exited the emergency phase of Covid-19, while relatively lower prices also helped it carve out some additional market share. Headline earnings jumped 74% to R5.2 billion…
7 Sep 2022 7AM 10 min

Uber Eats is morphing into a 'virtual mall', plans to add apparel to the app.

Uber's food delivery service, Uber Eats in South Africa, is steadily evolving into a virtual mall, allowing users to for shop non-food items for delivery in as little as 30 minutes. The app plans to make clothing purchases available on its platform, eliminating days of waiting for a package, as…
7 Sep 2022 7AM 11 min

INSIDE YOUR BUSINESS: The township economy needs an eCommerce boost - Why?

When lockdown limited commercial activities, there were winners and losers. Some businesses were able to trade online locally and to global markets. Most of those businesses that thrived online were established entities. As for informal and mainly township-based businesses, it was the worst time to run a business. There’s not…
7 Sep 2022 7AM 11 min

LEGALLY SPEAKING: The truth about suicide & life insurance.

The latest studies from the National Center for Health Statistics indicate that suicide rates are growing at staggering rates here in the U.S., with a 35% increase between 1999 and 2018. Suicide is the event in which someone causes a self-inflicted injury resulting in death, but in reality, suicide has…
7 Sep 2022 7AM 19 min

EKASINOMICS: e-hailing platform partners with taxi industry for more employment.

Sibusiso Mashabela is a computer scientist, founder and CEO of Request International, which is an e-hailing service platform established to service the everyday needs of ordinary South Africans. Request international is South African based e-hailing service which has patnerned with various stakeholders such as MTN SA and SANTACO, National Taxi…
7 Sep 2022 7AM 15 min

Kasi Xcelerator to give township-based SMEs a major boost.

A bold new initiative is set to give township-based SMMEs and service providers a major boost. Kasi Xcelerator (KX), which will be launched with an entrepreneurship expo in September, is a new platform that has been designed to bridge the gap between township businesses, the private sector and government in…
7 Sep 2022 7AM 14 min

GDP shrinks by 0.7% in second quarter.

South Africa’s economy is smaller than it was before the coronavirus pandemic struck, after the worst flooding in almost three decades and severe power outages caused it to shrink in the second quarter. Gross domestic product contracted 0.7% in the three months to June, compared with downwardly revised growth of…
6 Sep 2022 2AM 9 min

Shoprite points to strong store growth and job creation in South Africa.

Shoprite on Tuesday (6 September) published its annual financial results showing a 9.6% increase in group sales – equating to an additional R16 billion spent by customers over the period, compared to 2021 which included an additional week of trade. The results, from continuing operations, for the financial year under…
6 Sep 2022 2AM 8 min

ITS MY HOUSE: How you can build equity - and pay less for your home.

What is home equity? And why do savvy homeowners focus on building up more of it? Berry Everitt, CEO of the Chas Everitt International property group, says the equity you have in your home is generally understood to mean the difference between the amount still outstanding on your home loan…
6 Sep 2022 2AM 13 min

Google announces five South African recipients in Black Business Fund.

Five South African startups among 60 others will receive a share of $4million in funding to support their programs. Startups from South Africa include Agrikool, CreditAIs, Mapha , Rekisa and Technovera. Each of the selected startups will receive support in the form of a 6 month training programme that includes…
6 Sep 2022 2AM 15 min

TECH & INNOVATION: LolaGreen, turning plastic waste into durable tiles.

The argument over the years has been circulating around looking for alternative replacements for plastics, or the 3Rs (Reduce, Reuse and Recycle). Some further argue that the most effective way to reduce plastic pollution is to not make them in the first place. Reality check appears otherwise. In short, there…
6 Sep 2022 2AM 9 min

Rand manipulation: After fund manager's $20m Ramaphosa bet flopped.

The South African co-founder of a UK hedge fund is alleged to conspired to manipulate the rand-dollar exchange rate after his bet that Cyril Ramaphosa's 2017 election as ANC leader would galvanise the rand failed to pan out as he had hoped. US federal prosecutors this week unsealed a 26-page…
5 Sep 2022 2AM 15 min

How the recent inflationary economic events have put cash back on the throne.

Global inflation is rising, central banks around the world are tightening policy rates, the US Federal Reserve is hiking rates in aggressive increments, and we are still faced with two expected rate hikes of 75 basis points before the year is up. According to Zisanda Gila, Portfolio manager at Momentum…
5 Sep 2022 2AM 17 min

CAREERS CORNER - What is 'quiet quitting'? All about the new workplace trend.

Quiet quitting is a rebellion against hustle culture. Here's how to tell if you're doing it. It may be the buzzword of 2022, but the origins of “quiet quitting” trace back to the start of COVID-19 in early 2020. The pandemic has impacted Americans’ daily lives in countless ways, including…
5 Sep 2022 2AM 19 min

A four-day work week would be great, but is SA ready?

A four-day work week is every employee’s dream and is attracting growing interest in countries around the world, including South Africa, but what does it entail? “Local employers must understand the model, decide if it will work for them and know how to implement it effectively,” says Kirk Kruger, master…
5 Sep 2022 2AM 16 min

Brain Drain of Female Chartered Accountants in South Africa.

Every year at least half of the South African university graduates entering the Chartered Accountancy (CA) profession as trainee CAs in public-practice audit, tax and advisory firms are women. However, despite important gains, according to the South African Institute of Chartered Accountants (SAICA)’s membership report, out of 50 324 accountant…
1 Sep 2022 1AM 15 min

Absa PMI rises above 50 in August.

Financial institution Absa’s seasonally adjusted Purchasing Managers’ Index (PMI) rose to 52.1 points in August from 47.6 in July. Following a tough start to the third quarter, an easing in the intensity of load-shedding meant that conditions in the manufacturing sector improved in August relative to July, the bank said…
1 Sep 2022 1AM 6 min
2520 – 2540