Kaya 959 Kaya Biz

The one reason there won’t be many jobs created in SA.

Loading player...
Like many South Africans I did a double-take last week when I read the headlines: Thulas Nxesi wants to create two million jobs before the elections in 2024.

It didn’t help that I was sitting in the dark at the time, but the minister of employment and labour’s target did occupy my mind a lot in the coming days.

The state of the nation at the moment is quite dire; a sharply increased cost of living coupled with a sharply lower standard of living. Life in Mzansi is not nice, and no amount of Aromat is going to change that.
19 Jul 2022 4AM English South Africa Business News · Investing

Other recent episodes

Premier Bakes H1’2026 Operating Profit Surge Of 52.5%

Premier FMCG reported a strong set of interim results, with earnings growth, expanding margins and early benefits emerging from its acquisition of RFG Holdings. CEO Kobus Gertenbach discusses integration progress, consumer spending trends, commodity price dynamics and how Premier plans to sustain growth as it scales into a larger and…
10 Nov 12PM 16 min

South Africa’s Construction Capacity Question

South Africa is betting heavily on infrastructure to drive economic growth, yet concerns remain about project delays, contractor failures, skills shortages and shrinking industry capacity. We speak to Tshidiso Lekgetho, Acting Registrar of the SACPCMP, about the real state of the construction sector, the importance of professionalisation and accountability, and…
10 Nov 11AM 18 min

Vodacom HY Heps Surges 25.7% on Safaricom’s Transformational Impact

Vodacom delivered one of its strongest sets of interim results in recent years, boosted by the consolidation of Safaricom, rapid growth in financial services and expanding digital revenues. CEO Shameel Joosub joins us to discuss the future of African fintech, the evolution of Vodacom beyond traditional telecoms, and whether the…
10 Nov 12PM 11 min

South Africa's R1.16 Trillion Logistics Problem

South Africa's logistics bill is projected to reach a record R1.16 trillion in 2026, equivalent to 14.6% of GDP and the highest logistics cost burden recorded in more than two decades. The latest State of Logistics 2026 for South Africa report paints a picture of a freight system under pressure…
9 Nov 1PM 13 min

Your Vote, Your Wealth: Why Politics Shapes Property Prices

For most South Africans, their home is their largest financial asset. So, what happens when poor governance starts eroding property values? Herschel Jawitz, CEO of Jawitz Properties, joins us to discuss the powerful relationship between local government performance, infrastructure, service delivery and household wealth.
9 Nov 12PM 19 min
All episodes