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
2372 – 2392

TOP STORY– How Silicon Valley Bank’s closure will affect African start-ups

GUEST – CHRIS MAURICE: CEO AND CO-FOUNDER, YELLOW CARD Yesterday, news broke that Silicon Valley Bank, the bank of choice for most startups and venture capitalists, was shut down by the Federal Deposit Insurance Corporation (FDIC). The closure was triggered by a bank run that began after the bank announced…
13 Mar 2023 4PM 7 min

COMPANY RESULTS – MTN Group reports huge profits

GUEST – Jan Vermeulen - Editor at Mybroadband MTN has released its annual results and reported a 42.8% increase in profit across the group from R17 billion in 2021 to R24.3 billion in 2022. In South Africa, revenue increased 3.9% from R48.7 billion to R50.6 billion, with service revenue increasing…
13 Mar 2023 4PM 8 min

EKASINOMICS – Phenomenal Light, a Black female owned construction company.

GUEST - Noxolo Fani, CEO & Founder of Phenomenal Light Construction PL Construction, a concrete repair specialist and cleaning company is a female youth owned company and was formed by Noxolo Fani a professional working in the construction industry who identified the need for a committed specialist in the field…
8 Mar 2023 3PM 18 min

Women entrepreneurship on the steady rise in SA but access to funding is still lagging

GUEST: Gugu Mjadu, Executive General Manager of Marketing at Business Partners Limited The South African Women Entrepreneurs Job Creators Survey found that women gravitate towards industries whose development supports job creation. The financial inclusion of women entrepreneurs as active contributors to the South African economy is therefore one of the…
8 Mar 2023 3PM 16 min

NEDBANK RESULTS – Nedbank posts 20% rise in full year profit

GUEST – Mfundo Nkuhlu, COO at Nedbank Nedbank’s 2022 full-year results revealed a significant increase in the company’s headline earnings, which allowed it to increase its total dividend for 2022 by 38%. The company declared a final dividend of 866 cents per share, a 14% increase from December 2021. This…
8 Mar 2023 1AM 11 min

UNIVERSITY STRIKES– Why there’s a trend of strikes every beginning of the year?

GUEST – STHANDIWE MSOMI – NATIONAL SPOKESPERSON FOR THE SA YOUTH ECONOMIC COUNCIL Of the more than 40,000 students who begin a degree at a South African university or technical collage each year, only 15 percent will ultimately graduate. Hobbled by their years in South Africa’s massively under-serviced public-school system,…
7 Mar 2023 3PM 13 min

TOP STORY – GDP shock as SA economy shrinks 1.3%

GUEST – Risenga Maluleke, statistician-general and head of Statistics South Africa (Stats SA South Africa's economy shrank by 1.3% in the fourth quarter, much worse than economists expected. It is also the largest contraction since the third quarter of 2021, when deadly riots in KwaZulu-Natal and Gauteng caused massive economic…
7 Mar 2023 3PM 7 min

What it takes running a Valet parking service business

GUEST – Thenjiwe Shezi – Owner of First Class Parking There are few business startups that are as simple (or as potentially profitable) as a valet parking service. When most people think about valet parking, they immediately assume that it is limited to hotels or restaurants. But in fact, there…
1 Mar 2023 6PM 14 min

What the Budget Speech has to do with Netflix, Showmax and Viu

GUEST – Leslie Adams, Sales Director at Reach Africa, experts in streaming During last week's Budget Speech 2023, the Finance Minister announced that a further R3 billion had been allocated for the Department of Communications and Digital Technologies to fast-tracking the connection of almost 6 million sites to high-speed internet…
1 Mar 2023 6PM 9 min

INSIDE YOUR POCKET - Vehicle sales growing, but storm clouds loom, warns TransUnion

GUEST – Kriben Reddy - Vice president of Auto Information Solutions at TransUnion Africa) South Africa’s automotive industry shrugged off ongoing vehicle price inflation, declining consumer credit health and looming macro-economic storm clouds to record an increase in vehicle sales in the fourth quarter of 2022 – but all indicators…
1 Mar 2023 6PM 8 min

CURRO RESULTS – IMPRESSIVE EARNINGS GROWTH FOR CURRO

GUEST – Cobus Loubser, Curro’s CEO Curro Holdings have today released its results for the year ending 31 December 2022. The JSE-listed independent education provider is pleased with a solid set of results given the prevailing economic conditions. “Curro will celebrate its 25th birthday in 2023. Our business is resilient,…
1 Mar 2023 6PM 7 min

FNB profits increased by 16% to R15.902 billion in 2022

GUEST – Jacques Celliers – FNB CEO Reporting its interim results for the six months ending December 2022 on Thursday (2 March), the group showed a significant jump in profits for the period, along with a healthy increase in active customers across its operations. The group said its upward performance…
1 Mar 2023 6PM 6 min

Load-shedding State of disaster explained

GUEST - Ruse Moleshe - Energy Analyst The National State of Disaster regulations were published on Monday, ostensibly to cut red tape and improve Eskom plant performance, while allowing for the connection of new generation capacity to the grid. The declaration of a state of disaster, announced by President Cyril…
28 Feb 2023 5PM 7 min
2372 – 2392