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
1592 – 1612

Planet42 Secures R300M Funding From Standard Bank

GUEST – Eerik Oja - Planet42 Chief Executive Officer and co-founder Planet42 said it raised local-currency debt and equity funding from Standard Bank Group to help the South Africa-focused rent-to-buy startup repay costly euro-denominated loans. The Naspers-backed firm, which has raised about $150 million to date, got R300 million ($16…
13 Mar 2024 4PM 12 min

Deal to sell a 51% stake in SAA to the Takatso consortium called off.

GUEST – Guy Leitch – Aviation Analyst The deal to sell 51% of SAA to the Takatso consortium is off, Minister of Public Enterprises Pravin Gordhan announced on Wednesday. The deal, which was first agreed in June 2021, has faced numerous obstacles. Among them has been the need to revalue…
13 Mar 2024 4PM 13 min

Cape Town’s V&A Waterfront continues to greatly benefit Growthpoint

GUEST – Estienne de Klerk - Growthpoint Properties SA CEO Growthpoint Properties Limited (JSE: GRT) reported robust operational results across its local and international investments for the six-month period ended 31 December 2023, with a stellar performance from the V&A Waterfront and its South African portfolio showing stable and steadily…
13 Mar 2024 4PM 11 min

Africa's biggest private railway operator encouraged by the structural reforms

GUEST - Traxtion Group CEO - James Holley Traxtion Group, Africa's biggest private railway operator, is "extremely confident" it will invest in SA this year, saying it is encouraged by the structural reforms rolled out by the government. Speaking at the Investment Forum in Sandton on Tuesday, its CEO, James…
12 Mar 2024 3PM 22 min

Old Mutual apologises to South Africans

GUEST – Celiwe Ross, Director: Public Affairs at Old Mutual Old Mutual apologises for the manner in which they have addressed the public outcry on social media. The insurer says that their reluctance to engage and debate on X stems from the complexities of the case and their duty to…
12 Mar 2024 3PM 11 min

Binance to discontinue Nigerian currency services as legal squabble deepens

GUEST – Maurice Madiba - Head of Primary markets at the JSE The world’s biggest cryptocurrency exchange Binance is halting operations in Nigeria’s naira currency as the government puts cryptobusinesses under increasing scrutiny. The decision came after authorities in Africa’s biggest economy-imposed restrictions on cryptocurrency exchanges as part of attempts…
11 Mar 2024 4PM 9 min

OLD MUTUAL SAGA: Consumers rights regarding insurance contracts.

GUEST – Vuyolwethu Skolo - Case Assessment Manager in the Life Division of the National Financial Ombud Scheme Insurance and financial institution Old Mutual has been facing a public relations nightmare after a user’s post on social media sparked outrage over the company allegedly defying a court order. Case Assessment…
11 Mar 2024 4PM 15 min

South Africa's Sanlam reports 48% rise in annual profit

GUEST – Abigail Mukhuba – SANLAM Group CFO FINANCIAL HIGHLIGHTS The group achieved superior results across all the key metrics it uses to measure its performance. Highlights included: 1. Net result from financial services totalled R12,4 billion, a record achievement, and 21% higher on a per share basis; 2. The…
7 Mar 2024 3PM 9 min

PIVOT POINT – Vuyo Henda, Spur Corporation’s Chief Marketing Officer

Restaurant franchisor Spur Corporation, owner of brands including Spur Steak Ranches, Rocomamas and Panarottis, in MAY 2022 appointed Vuyo Henda as its new chief marketing officer. Henda grows the already strong female representation in the company's executive team and brings with her an impressive track-record in marketing, both locally and…
7 Mar 2024 3PM 14 min

SA AIRLINE SAGA: South African Airways and FLYSAFAIR

GUEST – Guy Leitch – Aviation Analyst Safair, which has captured 60% of the domestic air travel market and is making inroads into the region, is under investigation for contravening its licence conditions requiring a majority local shareholding. Safair is the parent company to South Africa's low-cost passenger airline, FlySafair…
7 Mar 2024 3PM 9 min

SA AIRLINE SAGA: South African Airways and FLYSAFAIR

GUEST – Guy Leitch – Aviation Analyst Safair, which has captured 60% of the domestic air travel market and is making inroads into the region, is under investigation for contravening its licence conditions requiring a majority local shareholding. Safair is the parent company to South Africa's low-cost passenger airline, FlySafair…
7 Mar 2024 3PM 11 min

FOLLOW UP – Transnet’s ongoing efforts to improve port efficiency

GUEST – Luvuyo Mkontwana - TNPA (Transnet National Port Authority) General Manager, Special Projects Transnet SOC Ltd. (Transnet) is implementing key measures to improve the performance of local ports. This is part of the overall Transnet Recovery Plan, which is being implemented to improve the operational and financial performance of…
7 Mar 2024 3PM 9 min

Empowering young women to write their own future

GUEST – Jill Snijman - Marketing Manager – L’Oréal Luxury South Africa Write Your Future campaign launched in South Africa last month. The local campaign is spearheaded by a pilot project, which launched in Mashite, Limpopo on 20 September, with plans to roll out countrywide over the next few years…
6 Mar 2024 3PM 6 min
1592 – 1612