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
5,387 Episodes
1272 – 1292

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

Moody's downgrades Kenya's credit rating, what this means for the country?

GUEST – Dr Rutendo Hwindingwi – Fouding Director at Tribe Africa Advisory Moody's has downgraded Kenya's debt rating further into junk territory and warned the outlook was negative after a wave of protests led the government to abandon proposed tax hikes. President William Ruto, facing the most serious crisis of…
10 Jul 2024 3PM 12 min

Funds pays benefit to fraud syndicate whilst real member was in prison

GUEST – Muvhango Lukhaimane – Pensions Fund Adjudicator Funds pays benefit to fraud syndicate whilst real member was in prison Whilst the actual member was serving a prison sentence, a pension fund paid out a benefit of more than R800 000 to a syndicate that was involved in identity theft…
9 Jul 2024 3PM 22 min

Be wary of the following scams this tax season, warns the SAFPS

GUEST - Manie Van Schalkwyk, CEO of the Southern African Fraud Prevention Service As we approach the end of August, millions of South Africans will log onto the SARS eFiling website or visit their closest branch to complete their tax returns. "While this is a very busy time for the…
9 Jul 2024 3PM 7 min
1272 – 1292