Kaya Biz

Permanent Work Positions Equating To Job Security

The mindset of a permanent work position equating to job security for the long-term, has changed over the past two years. Many permanent staff in SA have faced retrenchment, as seen in Q3 of 2021, with 660 000 locals becoming unemployed, thus showing that a permanent position does not equate…

7 Feb 2022 8AM 16 min

Critical Skills List Finally Gazetted

Aaron Motsoaledi, Minister of Home Affairs, has Gazetted the long-awaited new Critical Skills List, which had not been updated since 2014. This has been welcomed with open arms by corporations across South Africa

7 Feb 2022 8AM 6 min

CompCom Charges Wesbank And Toyota Financial Services For Corruption

A Competition Commission (CompCom) investigation has implicated JSE-listed FirstRand Bank Limited, through its WesBank division, and Toyota Financial Services South Africa Limited (TFS) in a vehicle finance collusion scheme, and recommends that the Competition Tribunal fine the companies 10% of their total turnover. To discuss this investigation, we’re joined by…

3 Feb 2022 8AM 11 min

Pivot Point: Johnny Muteba, CEO Of the Pan African Chamber

Johnny Muteba has a very special ability of connecting entrepreneurial vision, creative passion and innovative problem solving. He offers a broad range of professional services for artists, corporations, universities and government across all he does; he taps into the power of creativity to innovate lives, bottom lines, organizations and communities…

3 Feb 2022 8AM 12 min

Inside Your Pocket: How Does Compound Interest Work?

We received voice notes from two Kaya Biz listeners who asked about compound interest on retirement and car loan. So, we’ve decided to bring in Andile Fulane, CEO Of Finlite, Pioneer and Advocate of Financial Literacy to answer questions around how compound interest works, the types of accounts that offer…

3 Feb 2022 8AM 14 min

Biz Lifestyle: How Gold Scam Happens and How To Avoid Being Caught In It

South Africa's tax authority has uncovered a $1.8 billion gold scam, in which coins and jewelry were illegally smelted into gold bars for sale overseas, a watchdog said Thursday. How does these incidents keep happening? And how do we avoid them? Peter Major, a Veteran Mining Engineer, Fund Manager and…

3 Feb 2022 8AM 13 min

Facebook Daily Active Users Fall For First Time In History

Meta Platform's shares plunged more than 20% late on Wednesday after the social media company posted a weaker-than-expected forecast, blaming Apple's privacy changes and increased competition for users from rivals like TikTok. Does the mean a shift to other platforms is near? To find out more, we’re joined by Bryan…

3 Feb 2022 8AM 12 min

Inside Your Business: Can the Country Afford A SMME Tax Relief?

Two years post pandemic- SMMEs are reeling from the impact that COVID has had on their businesses. It’s time to consider how they can be given a break in order to expedite their recovery- SAB’s VP of Corporate Affairs Zoleka Lisa implores government to give SMMEs along its value chain…

2 Feb 2022 8AM 12 min

How is the Petrol Price Calculated?

As we head towards the National Budget Speech on 23 February, all eyes are on government to find a way to lower petrol prices, and perhaps even more importantly, to delineate how they will review how the latest petrol price was calculated. How will the latest petrol price hike affect…

2 Feb 2022 8AM 9 min

Legally Speaking: 5 Key Tax Changes Taxpayers Need to Know

The President has given effect to the 2021 tax proposals by signing three tax Acts into law. In January, the President gave his assent to the Rates and Monetary Amounts and Amendment of Revenue Laws (“Rates Act”), the Taxation Laws Amendment (“TLAA”) and the Tax Administration Laws Amendment (“TALAA”). Thomas…

2 Feb 2022 8AM 14 min

Ekasinomics: An Entrepreneur Turns His Vehicle into A Food Truck for Business

The self-taught chef from Soweto in Gauteng combined his love for food and his business skills when he turned his vehicle into a food truck where he sells burgers in his community. From repairing the pickup to creating the custom frame for the kitchen setup. Today the owner of Grub…

2 Feb 2022 8AM 17 min

Extension of Koeberg Nuclear Power Plant: Is It Worth It?

When it comes to the Koeberg Nuclear Power Plant, Eskom have decided that since Koeberg produces electricity at a cost of around R0.45 per kWh, it is a ‘no-brainer’ to spend whatever is needed on a refurbishment to extend the life of the plant beyond the end of its design…

2 Feb 2022 8AM 18 min

SA Consumers Still Sinking Deeper in Debt

South African consumers are sinking deeper into debt. The overall debt to annual net income ratio across all income bands reached its highest level ever at the end of 2021, according to the latest DebtBusters report.

1 Feb 2022 8AM 18 min

It’s My House: What Is The Property Practitioners Act?

As of today, the 01st of February 2022, the Property Practitioners Act (PPA) comes into effect replacing the outdated 1976 Estate agency affairs act 112, including positive changes that will protect and benefit consumers as well as the property industry as a whole. But what does that mean for us?…

1 Feb 2022 8AM 18 min

Old Mutual Wins Against Peter Moyo

Old Mutual has succeeded in having the R250m damages claim lodged against it by former CEO Peter Moyo thrown out with costs, due to a lack of evidence that it had done anything wrong. To give us more details on the case, we are joined by Tabby Tsengiwe, General Manager…

1 Feb 2022 8AM 5 min

Foreign Truck Drivers Planned Strike For This Week

A stay away by foreign drivers is planned for this week but the association said that there were no demonstrations on Monday. The drivers want to protest over the attacks by locals who want them to be replaced by South Africans.The Road Freight Association said that contingency measures were in…

1 Feb 2022 8AM 9 min

Home Automation Trends In 2022

Dr Andrew Dickson Executive: Engineering at CBI Electric joins us to discuss the rise in home automation and why it’s becoming so popular, some of the top home automation trends in 2022, and how South Africans can automate their homes.

1 Feb 2022 8AM 5 min

Let’s Talk Innovation: SA Post Office Launches an Online Car License Renewal

The South Africa Post Office has launched an online service for the renewal of motor vehicle licences from any online device. The full renewal process, including payment, will be done online, leaving only the last step of accessing the actual disc. Nomkhitha Mona, CEO of the SA Post Office speaks…

1 Feb 2022 8AM 13 min

How To Register Your Side Hustle

The Covid-19 pandemic has ignited a spirit of entrepreneurship which has led to an increase in the number of resilient South Africans starting side hustles, either to supplement their income, or create an additional source of income. Once your next big business idea has been identified or even tested, the…

31 Jan 2022 8AM 13 min

New Wave Of Fraud Targeting Bank Customers

Fraud continues to pose the risk of serious financial losses for banking customers. All indicators are pointing towards the fact that there are new scams and an increasing number of the victims. Kwanda Vabaza , Adjudicator at Ombudsman For Banking Services gives us tips about what to watch out for.

31 Jan 2022 8AM 9 min