Kaya Biz

PWC Executive Directors’ Report

The COVID-19 pandemic and its consequences are testing companies like never before. The severity of its impact on business and economic activity is still evolving, and companies are focusing on new strategies and priorities for the months ahead.

4 Aug 2020 10AM 6 min

SA Companies Exiting Nigeria: What Is The Problem?

The continent's largest grocery retailer, Shoprite, is the latest South African player to exit Nigeria. The Christo Wiese chaired retailer, which has been in the country for 15 years, announced the move on Monday with its year-end results. Shoprite has 25 stores in Nigeria, all of which will be discontinued…

4 Aug 2020 10AM 16 min

For Investment Success, Buy Businesses – Not Stocks

Looking back at the impressive track records of global leaders such as Microsoft and Nestlé, it’s tempting to daydream of travelling through time just to get in at the ground floor and share in the spoils of their meteoric rises.

3 Aug 2020 10AM 13 min

TransUnion SA Vehicle Pricing Index

The latest TransUnion SA Vehicle Pricing Index (VPI) for Q2 2020 released on Thursday, 30 July 2020 indicates that the global automotive industry has had its most challenging quarter, with global lockdowns and temporary closures.

3 Aug 2020 10AM 8 min

Africa Feature - Zimbabwe Stock Exchange

According to reports the Zimbabwe Stock Exchange (ZSE) is meant to resume trading today after a month-long government shutdown that saw the bourse losing at least $240 million in potential revenue.

3 Aug 2020 10AM 7 min

Auto Assessments For Individual Taxpayers Kickoff

More than one million taxpayers have already been alerted by the South African Revenue Service (Sars) that they have been auto-assessed for the 2020 tax year.

3 Aug 2020 10AM 8 min

The Pivot Point

Dr Lulu Gwagwa is a multifaceted woman: an accomplished development planner, academic, business leader, executive coach and philanthropist dedicated to the growth of young women.

30 Jul 2020 10AM 12 min

Salaries Are Not Being Paid

New payroll data shows almost 21% fewer salary payments were made in South Africa in June, compared to the same month last year.

30 Jul 2020 10AM 5 min

Central Supplier Database (CSD)

Let us clarify the myths and facts around Public Procurement and Government as a system. It is important to pay attention to what is being said by government to determine how this impact on the industry you operate in and what opportunities these statements might open up for or implicate…

30 Jul 2020 10AM 24 min

Inside Your Business

SiMODiSA Association has been established as a powerful industry led initiative to specifically address – and determine – what can be done to overcome the barriers that SMEs and start-ups face.

29 Jul 2020 10AM 13 min

Anglo Zimele Supports BEE Enterprises

Zimele has been running since 1989 and supports sustainable small and medium enterprises, particularly in rural and peri-urban mining communities. Anglo Zimele supports BEE enterprises through equity and loan finance.

29 Jul 2020 10AM 8 min

South Africa’s Sky-High Electricity Tariffs

Higher tariffs will pile more pressure on cash-strapped households and businesses buckling under the impact of the COVID-19 pandemic but they'll be a relief for the state utility, which is gripped in financial crisis and has long said that the regulator had treated it unfairly.

29 Jul 2020 10AM 5 min

Long-Term Saving Mistakes To Avoid

As we wind up savings month, it is useful to pause and think about how we plan to approach our personal finances for the rest of the year. Now we know that we are notoriously bad at saving in South Africa.

28 Jul 2020 10AM 12 min

The International Monetary Fund

The International Monetary Fund's executive board has agreed to extend a $4.3 billion (R70 billion) loan to support South Africa's response to the impacts of Covid-19 on the economy.

28 Jul 2020 10AM 18 min

Steinhoff’s R19 Billion Settlement Plan

Dutch shareholder association European Investors-VEB is the first party to publicly endorse Steinhoff’s proposed €1 billion (R19 billion) settlement, which is aimed at bringing an end to a long drawn-out and extremely expensive legal battle.

28 Jul 2020 10AM 7 min

New Repo Rate Presents Great Opportunity For Hungry Investors

Contrary to popular opinion, the new repo rate will result in investors with solid balance sheets lining up for opportunities. This is the belief of John Jack, CEO of Galetti Corporate Real Estate. As announced by the South African Reserve Bank on 23 July, the repo rate now sits at…

27 Jul 2020 10AM 12 min

Business Interruption Insurance Claims

South Africa’s largest short-term insurer has agreed to pay up to R1-billion in urgent relief to policyholders whose business interruption insurance claims have been rejected by the insurer which argued that the lockdown is not covered under its policies.

27 Jul 2020 10AM 9 min

Gold Spot Price Rocketed To Its Highest Price

The precious metal has been rallying as the dollar slumped to its weakest levels against the euro in 22 months. The dollar is traditionally an investment competitor to gold.

27 Jul 2020 10AM 6 min

The Government-Backed Covid-19 Loan Plan

The loans are aimed at bolstering businesses amid the carnage caused by the coronavirus pandemic.The loans are available at prime (currently 7%), guaranteed by government and available via banks.

27 Jul 2020 10AM 7 min

The Pivot Point

Shadrack's background in management consulting led to him co-founding Coronet Blockchain. A supply chain digital infrastructure built on IBM Blockchain, Coronet Blockchain ensures that the 100 million human hair extensions sold every year to 24 million consumers guarantees the 100% quality it promises.

23 Jul 2020 10AM 6 min