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
5,659 Episodes
1540 – 1560

Kumba reports a 24% fall in headline earnings

GUEST – Mpumi Zikalala - Kumba CEO Kumba Iron Ore has reported a 24% fall in headline earnings per share as the company battles weaker commodity prices and logistics challenges. Kumba, a subsidiary of the Anglo American group, on Tuesday released its results for the six months ended in June…
23 Jul 2024 3PM 11 min

The impact of being over-indebted and having bad credit on career opportunities.

GUEST – Rapule Mahlangu, Head of Associations and Affinity Groups at Metropolitan In the pursuit of our professional goals, many of us find ourselves navigating the delicate balance between ambition and financial responsibility. However, there's an often-overlooked factor that can significantly impact our career choices and overall job satisfaction –…
22 Jul 2024 2PM 6 min

South Africa’s best and worst grocery retailers according to shoppers

GUEST - Nic Ray, DataEQ's CEO DataEQ has published its latest South African Retail Sentiment Index, revealing consumer perceptions of the country's leading grocery retailers. By analysing over 1.8 million public social media posts, the index offers valuable insights into consumer satisfaction and key performance metrics for Checkers, Pick n…
22 Jul 2024 2PM 11 min

2023 marked the highest number of banking complaints ever – Banking Ombud

GUEST – Nerosha Maseti, Lead Ombud for the Banking Division at the National Financial Ombud Scheme Highlighting a few key statistics; The formal cases reported, increased by 12% to 8 521and referrals (now called premature complaints) increased by 11% to 13 373. The total record number of cases opened by…
22 Jul 2024 2PM 16 min

Two-pot retirement system - withdrawals will cost you and should be a last resort

GUEST – Adri Messerschmidt, senior policy advisor at the Association for Savings and Investment South Africa (ASISA) With the new two-pot retirement system taking effect in six weeks, members of retirement funds should ensure that they understand the implications of the system, according to Adri Messerschmidt, senior policy advisor at…
22 Jul 2024 2PM 23 min

Anglo American Platinum has posted an adjusted EBITDA of R12.3 billion

GUEST – Craig Miller, CEO of Anglo American Platinum Highlights Stringent safety measures implemented to prevent recurrence of two tragic fatalities and improve safety. Refined PGM production up 5% in H1 2024 to 1.78 million ounces compared to the prior period, while metal-in-concentrate down 5% to 1.76 million ounces Sales…
22 Jul 2024 2PM 11 min

SARB keeps rate unchanged again.

GUEST - James Turp, Fixed Income Portfolio Manager and Head of Investment Strategy at Sanlam Investments. The South African Reserve Bank (Sarb) kept its repurchase rate (repo rate) at 8.25% on Thursday, meaning the benchmark rate has been at this level for more than a year and remains at a…
18 Jul 2024 2PM 17 min

Market updates with Matete Thulare

Rand stable as SARB keeps rate unchanged again. The JSE was slightly weaker as investors weighed prospects of interest rate cuts in the US and possible tensions between the US and China.
18 Jul 2024 2PM 15 min

South Africans financially stressed and not hopeful for change

GUEST – Nzwa Shoniwa, managing executive of Sanlam Umbrella Solutions Sanlam's 2024 Benchmark research has painted a grim picture of South Africa’s economy and the psychological impact it has had on savers. The 43rd edition of the survey shows the country’s economic outlook remains bleak, with little hope of substantial…
17 Jul 2024 1PM 25 min

Sars has auto-assessed more than 5 million taxpayers with at least R5 billion in tax refunds

GUEST – Edward Kieswetter, SARS commissioner South African Revenue Service (Sars) commissioner, Edward Kieswetter, on Tuesday announced that more than 5 million taxpayers were auto-assessed by Sars, with almost 100% of them accepting the outcome without making any changes. To date, refunds amounting of approximately R10 billion have been issued…
17 Jul 2024 12PM 14 min

Treasury remains committed to the stability of the public finances – Godongwana

Guest - Enoch Godongwana – Finance Minister Finance Minister Enoch Godongwana reports that the National Treasury will continue to strive to improve the transparency of the budget, maintain high quality data management and analysis, and provide appropriate advice for the stability of the public sector wage bill and international development…
17 Jul 2024 12PM 8 min

The challenging future of print newspapers in South Africa

GUEST – Joe Hamman, Director of Novus Group This and other significant changes that have taken place in the South African print media industry are shown in media monitoring company, Novus Group’s newly released 10 Years in Print Media report.It shows just how more and more people have shifted towards…
16 Jul 2024 2PM 11 min

ALLAN GRAY: Tips to help you get on top of your tax return this year

GUEST – Carrie Norden - Senior tax specialist at Allan Gray The income tax season is officially open. As a taxpayer, understanding what your filing obligations are is crucial to ensuring that you remain tax compliant. During this tax season, the South African Revenue Service is once again making use…
16 Jul 2024 2PM 17 min

Ellies brand rescued and Bell Equipment to exit JSE

GUEST – Andrew Bahlmann, Chief executive: Corporate & Advisory, Deal Leaders International The market has been highly appreciative of the announcement by Bell, although there is no doubt that another company going private is a sad loss for the JSE and investors. Ellies Electrical brand will live on after SMD…
16 Jul 2024 2PM 17 min

We are not doing enough to hold delinquent directors accountable.

GUEST – Vikeshni Vandayar, Executive: Governance and Corporate Services at the IoDSA The King Codes, the Companies Act and the common law all set high standards for directors because of the huge influence directors have over the oversight and performance of an organisation, be it a private, public or non-profit…
15 Jul 2024 2PM 12 min

The psychology behind insurance crime.

GUEST - Garth de Klerk, CEO of the Insurance Crime Bureau For as long as there has been insurance, there has been insurance fraud too. In the intricate world of financial fraud detection, understanding the psychology behind fraudulent behavior is a pivotal aspect. Fraudsters employ a diverse array of tactics…
15 Jul 2024 1PM 20 min

59% of sampled stores in SA are selling illicit tobacco products.

GUEST - Johnny Moloto, Area Head of Corporate & Regulatory Affairs for BAT Sub-Saharan Africa. New Ipsos research released today reveals that 59% of sampled stores in South Africa are selling illicit tobacco products, with prices as low as R5 for a pack of 20 cigarettes, intensifying the ongoing price…
15 Jul 2024 1PM 16 min

FNB survey reveals that nearly 50% of South Africans don’t have a retirement plan

GUEST – CEO of Wealth & Investments at FNB, Bheki Mkhize. The 2024 FNB Retirement Insights Survey, released today, offers a glimpse into the current state and evolving dynamics of pre- and post-retirement planning in South Africa. In its second year, the in-depth research reveals persistent challenges around retirement in…
10 Jul 2024 3PM 15 min

Trade industry & competition to prioritise masterplan implementation

GUEST – Zuko Godlimpi - Deputy Minister of The Department of Trade, Industry & Competition The Department of Trade, Industry & Competition (DTIC) will prioritise sector-specific masterplan implementation, re-industrialisation and economic transformation during the seventh administration.
10 Jul 2024 3PM 16 min
1540 – 1560