Kaya Biz

Update on the Trucking strike which the Road Freight Association says has already cost R300 million to the economy.

The Road Freight Association (RFA) agrees with, and supports, the implementation plan published today. The RFA has been part of the Ministerial Task Team since its very inception and its first meeting in KwaZulu-Natal (KZN). It has also attended all the later Task Team meetings run by the Department of…

20 Jun 2022 1AM 6 min

WEALTH CREATION: Crypto’s Excruciating Week Has Traders Bracing for Next Crisis.

It was one of the most dramatic weeks in the short history of the cryptocurrency market, bookended by the type of announcements investors fear the most from a counterparty: We’re sorry, but we just can’t return your money right now. In between, a nascent technocratic industry with grand ambitions to…

20 Jun 2022 1AM 14 min

CAREERS CORNER: Overcoming Career Failures & not achieving your career goals in the timeframe you had set for yourself.

In both your career and personal life, it can be easy to focus on the negative events, while letting the positive ones roll off your back (“I know I just landed a new client, but I totally flubbed my presentation to them this morning—they must think I’m terrible!”). And because…

20 Jun 2022 1AM 18 min

Retail sales show resilience amidst high inflation rates.

While predictions were for retail trade sales to slow quite considerably, Stats SA’s latest retail trade sales figures released last Wednesday show there has only been a very small decrease in retail in April (A lower decrease rate than what was seen in February and March of this year), and…

20 Jun 2022 1AM 14 min

Young employees happier, but highly financially stressed.

As South Africa celebrates Youth Day, a local fintech start-up found that younger employees are generally happier at work than their older peers. In fact, if the young ones are happy, your bottom line will smile too. Andisa Liba, chief people officer at Floatpays, says their recent state of employee…

20 Jun 2022 1AM 11 min

Metropolitan collaborates with Uber to take young job seekers to interviews.

Johannesburg, June 2022 - African countries including South Africa have a youthful population that represents tremendous potential for future economic growth in terms of job seekers and entrepreneurs. However, this next generation of innovators, societal and business leaders, struggle to overcome hurdles of finding job, resulting in a record high…

16 Jun 2022 2AM 8 min

US recession fears set to close funding tap for African start-ups.

The flood of venture capital into African tech companies over the past three years is drying up as western investors retreat amid the global market downturn. Some 80% of last year’s record $5 billion put into companies on the continent came from international funds like Tiger Global and Sequoia Capital,…

16 Jun 2022 2AM 14 min

ETI’s – Tax incentives for employing youth in your business. The benefits and how it has been abused by employers.

Abusive Employee Tax Incentive schemes (ETI) marketed by unscrupulous training providers has done massive damage to the training and development industry, leaving many businesses hesitant to revisit the many social and economic benefits of ETI incentives, but most crucially, exacerbating the plight of millions of young South Africans who remain…

16 Jun 2022 2AM 10 min

Top 16 YOBA Awards celebrated youth entrepreneurs.

The Top 16 Youth-Owned Brands Awards (YOBA) is an initiative by Pat on Brands. It has recruited 10 award-winning leaders in the marketing and communications industry, academia and entrepreneurship to evaluate and shortlist 482 nominations. According to the awards, the judges are seasoned professionals and have distinguished careers in marketing…

16 Jun 2022 2AM 12 min

PIVOT POINT – Child author elected into Joburg Student Council Executive.

This young woman is making us beam with pride this week. At just 15 years of age, she has authored five books, is a philanthropist, a child rights activist, and now has added director and president of a company to her list of achievements. Stacey Fru is the second of…

16 Jun 2022 2AM 13 min

Priority sectors: sectors where opportunities exist for young people now.

We too often think of resilience as something that individuals have, but rarely stop to consider resilience in relation to organisations and the sectors in which they operate, who must also be able to consistently adapt and change, to bounce back from adversity to survive hardship and crisis. Although we…

16 Jun 2022 2AM 10 min

PANEL DISCUSSION: Challenges faced by the Youth of South Africa – And some of the solutions.

Experts say youth unemployment in South Africa remains stubbornly high with young people between the ages of 15 and 24 accounting for 66.5% of the unemployed in the fourth quarter of 2021. Former Statistician-General Padi Lehohla maintains that access to quality education is the only answer for dealing with the…

16 Jun 2022 2AM 11 min

Joburg wants to introduce a 24-hour work day to boost jobs and economic growth.

Members of the property, investment and business sectors say a 24-hour workday in Johannesburg has the potential to unleash endless opportunities for efficiency, growth and employment in the city. Member of the Mayoral Committee (MMC) responsible for finance, Julie Suddaby, hosted an engagement session on Monday (13 June), where businesses…

15 Jun 2022 2AM 10 min

EKASINOMICS: Hanley Technologies, a proudly South African laptop manufacturing business.

Hanley Technologies was founded in 2007 by Hanley Nyathi. It has since developed into a reputable ICT services company, specialising in providing IT infrastructure solutions to public and private sector clients. Nyathi said, "IT is a vision to me, a dream actually, it's something I grew up with. I believe…

15 Jun 2022 2AM 24 min

INSIDE YOUR BUSINESS: Employee benefits and perks you should have in your business in 2022 - What employees really want.

This year employees seemingly have had the upper hand against employers. The Great Resignation has forced a reckoning within the workplace and few employers have come away unscathed. In April of 2021, 4 million people quit their jobs. This was followed by 4.1 million in August and 4.3 million in…

15 Jun 2022 2AM 15 min

South Africa business confidence index hits lowest since Sept 2020.

A South African business confidence index fell in May, hitting its lowest level since September 2020 on factors including lower trade volumes, higher financing costs and power cuts. The South African Chamber of Commerce and Industry (SACCI) said on Tuesday that its business confidence index fell to 89.3 in May…

14 Jun 2022 3AM 8 min

Could SA eliminate load shedding by 2024? Analysing the Meridian Economics report.

A comprehensive strategy for drastically reducing, or even eliminating, the scourge of rotational power cuts in South Africa by early 2024 has been outlined in a new public-interest report published by Meridian Economics.

14 Jun 2022 3AM 11 min

ALLAN GRAY FEATURE - Saving in a rising interest rate environment.

The returns on your investment should be at least enough to compensate you for the length of time that you invest, so that the value of your money is maintained. So, if your bank offers you an interest rate of 5%, this may sound attractive. But, if inflation is higher…

14 Jun 2022 3AM 10 min

ITS MY HOUSE: 25% More homeowners leave the market - What could be the reasons.

Property practitioners should sit up and stake cognisance of a new trend in the property market where young homeowners are leading an exit of the market. This is no real reason for concern yet but offers new opportunities to focus on this market segment.

14 Jun 2022 3AM 19 min

The real cost of ownership and how South Africans can subscribe to a better life.

You own your phone, you own your TV, you own your fridge, and pretty much every appliance and piece of tech in your home. But have you calculated how much debt and hardship you had to incur to call yourself an owner of these products? Have you ever wondered how…

14 Jun 2022 3AM 19 min