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
5,399 Episodes
3392 – 3412

Major banks analysis

Combined headline earnings of R86.8bn increased 99% against FY20, combined ROE of 15.9% (FY20: 8.3%), net interest margin of 408 bps (FY20: 387 bps), credit loss ratio of 74 bps (FY20: 180 bps), cost-to-income ratio of 55.8% (FY20: 56.4%) As the books closed for 2021, the operating environment that contextualised the period was…
15 Mar 2022 5AM 8 min

SA Government must suspend fuel levies to relieve pressure on food prices

Agri SA’s research and analysis has revealed that that the Ukraine-Russia crisis will have a serious impact on South Africa’s food security and poses very real risks to parts of the agricultural sector. With global wheat prices and agricultural input costs skyrocketing, government must take urgent action and suspend the…
15 Mar 2022 5AM 9 min

Wealth Creation- Investing in energy ETFs.

[SOURCE, BANKRATE.COM] If you’re to invest in the energy sector, which historically has included mostly oil and gas companies, buying an energy exchange-traded fund (ETF) is an easy way to do that. With an energy ETF you can buy a cross-section of the industry, letting you play the sector if…
14 Mar 2022 5AM 15 min

COMAIR indefinite suspension.

[SOURCE, DAILY MAVERICK] You’re unlikely to see the green and white colours of a Kulula plane over the skies of South Africa any time soon. This after the South African Civil Aviation Authority (SACAA) on Sunday confirmed the indefinite suspension of Comair’s air operator certificate. The news follows the announcement…
14 Mar 2022 5AM 32 min

Careers Corner: How do you resign professionally and leave on good terms?

• The Great Resignation is a phenomenon that describes record numbers of people leaving their jobs after the COVID-19 pandemic ends. • Companies now have to navigate the ripple effects of the pandemic and re-evaluate how to retain talent. • Dr. Isabell Welpe explains what we can learn from this…
14 Mar 2022 5AM 18 min

Lifestyle Biz: Unvaccinated South Africans face higher insurance premiums

Data published by the Association for Savings and Investment South Africa (Asisa) shows a big increase in Covid-related deaths in South Africa over the last year, with insurance companies likely to pass on the increased costs to unvaccinated citizens. Considering the staggering number of death claims submitted over a short…
14 Mar 2022 5AM 11 min

Lifestyle Biz: National Treasury blacklists 143 service providers

[SOURCE, BUSINESS REPORT] The National Treasury says it has a total of 143 service providers that are currently in the database of restricted suppliers. “We have to date 56 such companies that have been blacklisted or restricted and there have been a total of 87 directors that are on the…
10 Mar 2022 4AM 16 min

Inside Your Pocket: Married or not, your partner can inherit your estate.

If you are living with your partner but unmarried (co-habiting), you could soon be seen as a “spouse” in the eyes of the law. Two Acts are set for amendment within the next 18 months that may extend the definition of “spouse” to include any life partner. This may have…
10 Mar 2022 4AM 20 min

Pivot Point: From operating airports to running a horse racing company

Fundi Sithebe is currently heading a horse racing company (4Racing) - formerly Phumelela. The company is actually a great transformation story. We all know there are few blacks in this sport therefore a young black woman heading up such an entity is a big deal. Her mission is to transform…
10 Mar 2022 3AM 16 min

National Lotteries Commission collusion

[SOURCE, FIN24] The Special Investigating Unit (SIU) raided the offices of the National Lotteries Commission (NLC) in Kimberley, Northern Cape on Thursday morning. This follows an explosive report by the SIU submitted to Parliament last week detailing collusion between NLC officials and purported non-profit organisations. It found that in a…
10 Mar 2022 3AM 7 min

5.5% pension increase for GEPF members

The Government Employee Pension Fund (GEPF) has announced that its pensioners will receive an annual pension increase of 5.5% from April 1, 2022. According to the fund, it instituted the increase to enable its beneficiaries to keep up with rising inflationary rates. “This pension increase is based on the 5.5%…
9 Mar 2022 4AM 8 min

Legally Speaking: Revisiting WFH rules

As South Africa enters into the third year of its Covid pandemic, businesses are grappling with continued remote working rules. A growing concern is whether employees are in fact working their required hours, or if they may instead be abusing time for personal matters or even second jobs. “The Covid-19…
9 Mar 2022 3AM 17 min

Gauteng Education & Health Department receive more budget

[SOURCE, SOWETAN] Gauteng health and education departments are set to receive the lion's share of the province's R153bn budget for the 2022/2023 financial year. This was revealed by finance MEC Nomantu Nkomo-Ralehoko as she delivered the budget speech on Wednesday at the Gauteng legislature. Education is due to receive R59.7bn…
9 Mar 2022 3AM 14 min

Nedbank Group 2021 financial performance

Nedbank Group says it delivered a strong financial performance for the year ended December 2021 with headline earnings up by 115% to R11.7 billion from the prior period, but still 7% below 2019 levels. Headline earnings growth was driven by significantly lower impairments, a higher net interest margin, a recovery…
9 Mar 2022 3AM 9 min

Russia/Ukraine war may disrupt SA business

The Rand Merchant Bank (RMB)/Bureau for Economic Research Business Confidence Index (BCI) has increased to 46 in the first quarter of this year, after remaining flat at 43 points in the fourth quarter of last year. Although the reading remains below the neutral 50-point mark, RMB says it is, nonetheless,…
9 Mar 2022 3AM 7 min
3392 – 3412