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
5,391 Episodes
2872 – 2892

Wealth Creation: Treasury's two-pot retirement savings system explained.

Since National Treasury published the draft legislation for the two-pot retirement system, one of South Africa's largest pension administrators has been fielding queries from clients who are ready to cash out what they can. Some of Alexforbes' umbrella fund members wanted to know when exactly they can access their savings…
22 Aug 2022 2AM 19 min

I know who did it! – Is it my duty to disclose to my employer?

This question arises often in the workplace and employees are faced with a serious conundrum. Do I tell my employer, or should I just keep my nose out of my fellow colleague’s business? To keep the answer short and simple – yes, you must! By failing to disclose any knowledge…
22 Aug 2022 2AM 15 min

The non-profit sector conundrum: value vs volume.

The surge in inflation appears to have no end in sight as the cost of goods and services continues to rise steeply. For those fortunate enough to have an income, managing the monthly budget is becoming more challenging, while the unemployed and those solely reliant on social grants for survival…
22 Aug 2022 1AM 6 min

INSIDE YOUR POCKET: What to do when SARS sends you a letter of demand.

What do you do when SARS sends you a letter of demand for payment or, even worse, takes money directly from your bank account? This is the reality faced by many South African taxpayers and SARS is under pressure to collect as much as possible due to their budget shortfall…
18 Aug 2022 1AM 16 min

Exxaro's half-year earnings soar 145% to R10bn.

JOHANNESBURG (miningweekly.com) – Diversified resources group Exxaro on Thursday reported increased half-year revenue, earnings and sufficient cash flow to fund capital expenditure and dividends. Group earnings before interest, taxes, depreciation and amortisation (Ebitda) increased by 145% to R10 603-million on mainly the 142% increase in coal Ebitda in the six…
18 Aug 2022 1AM 11 min

Zimbabwe hails gold coin success and wants to issue more.

Gold coins used as currency in Zimbabwe will soon be available in smaller denominations, the central bank says. Sky-rocketing inflation saw people rushing to cash in their Zimbabwean dollars for US dollars, to stop their savings losing value. This led to a shortage of US currency and drove up exchange…
18 Aug 2022 1AM 8 min

SA households were R1.2 trillion poorer in the three months to end June.

South African households were collectively R1.23 trillion poorer in the three months to the end of June, when compared to the corresponding period in 2021. This is according to the latest Momentum-Unisa Household Wealth Index report, which tracks the wealth of households based on subtracting the value of their outstanding…
18 Aug 2022 1AM 11 min

PIVOT POINT: In conversation with Funeka Ngewu, Head of Claims at Momentum.

Funeka Ngewu, Head of Claims at Momentum Insure, has more than nineteen years’ experience in the financial industry, specifically insurance, with a core focus on client experience and employee development. She has held various management roles including roles in Claims, Administrations Salvage departments. With various management courses certifications from the…
18 Aug 2022 1AM 23 min

Court documents reveal why SA has a 5-year driving licence card renewal period.

Civil rights organisation AfriForum says that the apparent reason for the five-year driving licence card renewal period in South Africa is due to the quality of the material of the card, which would not last more than that period, citing court documents filed by transport minister, Fikile Mbalula. Further reasons…
18 Aug 2022 1AM 9 min

Is the Reserve Bank protecting Ramaphosa? – Analysis on Phalaphala robbery.

Members of Parliament (MPs) want answers from the South African Reserve Bank (Sarb) about its investigation into President Cyril Ramaphosa’s alleged missing US dollars that were stolen at his Phala Phala game farm. Members of the Standing Committee on Finance want the country’s central bank to give it an update…
17 Aug 2022 1AM 10 min

Customs duty decision delays are hampering billions of rands in investment.

Consultancy XA Global Trade Advisors says billions of rands in revenue have been lost to the fiscus owing to long overdue customs duty decision-making, while also having more far-reaching implications for industries and trade and investment. If all of the cases that required changes to customs duties had been finalised…
17 Aug 2022 1AM 7 min

INSIDE YOUR BUSINESS: MIC wants to invest R150m in SA businesses.

The Mineworkers Investment Company (MIC) wants to invest R150 million in emerging black-owned businesses. The MIC, through its venture capital initiative, MIC Khulisani Ventures, has launch the second window of applications to support what it calls high growth potential and innovative businesses. It is offering this financial support because it…
17 Aug 2022 1AM 13 min

LEGALLY SPEAKING: Legality regulating use of cannabis from an employment view.

We all remember the unbe-weed-able 2018 Constitutional Court case of Minister of Justice and Constitutional Development and Others v Prince and Others which dramatically altered the legal position regulating the private and recreational use of cannabis. The court ultimately held that prohibiting the cultivation or use of cannabis in an…
17 Aug 2022 1AM 16 min

Fears government will hijack expected fuel price cuts to fund GFIP.

Concerns are being expressed that the government may hijack the consumer benefits of an expected reduction in fuel prices and use them to pay for the Gauteng Freeway Improvement Project (GFIP). Organisation Undoing Tax Abuse (Outa) CEO Wayne Duvenage said on Tuesday the organisation is concerned that Minister of Finance…
17 Aug 2022 1AM 11 min

Think Creative Africa launches wearable electronic breast pump MiLQ.

The founders of Think Creative Africa, Nkgabiseng Motau and Mukondi Kgomo have launched an electronic, hands-free, rechargeable, wearable breast pump. What began as a personal quest for a solution that would significantly and positively change their daily lives, has segued into MilQ - A breast pump that provides an innovative…
16 Aug 2022 2AM 12 min

WITS’ Innovation for powering homes without electricity.

WITS’ innovation for powering homes without electricity will launch in June In 2019, PeCo Power (Pty) Ltd was spun out of WITS University as an endeavour to commercialise an innovative Smart Mini-Grid. The Smart Mini-Grid was born from WITS University School of Electrical and Information Engineering as a solution to…
16 Aug 2022 2AM 13 min

Rain forced to withdraw Telkom merger statement.

Rain has withdrawn its announcement stating that it submitted a merger proposal to the Telkom board. “As Rain, we are pleased with Telkom’s SENS announcement stating that if an offer or formal proposal is received from Rain, the board of Telkom will consider it,” the company said.
16 Aug 2022 2AM 10 min
2872 – 2892