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
2700 – 2720

LEGALLY SPEAKING: Workers, families bear the brunt as more employers fail to pay

LEGALLY SPEAKING: Workers, families bear the brunt as more employers fail to pay retirement contributions.. The lifting of Covid-19 restrictions resulted in a busier year for the Pension Funds Adjudicator. Complaints came thick and fast, jumping by 26% in the year ended in March 2022, compared to when South Africa…
19 Oct 2022 10AM 16 min

EKASINOMICS: This start-up digitises SA’s notorious minibus taxi industry.

A South African mobility tech start-up with a mission to digitise the country’s notorious minibus taxi industry has raised an undisclosed amount in pre-seed funding from leading angel investors. This, says Loop founder Imtiyaaz Riley, enables the business to roll out geolocation technology and digital payments. Founded in 2021 by…
19 Oct 2022 10AM 16 min

TymeBank empowers Spaza Shops with Khona La Local Stores.

TymeBank has partnered with Khona La Local Stores to empower local businesses in Daveyton, Ekurhuleni with an affordable solution that makes it easy for customers to make cashless payments. TymeBank’s point-of-sale solution, TymePOS, is an app that turns any NFC-enabled cell phone into a tap-and-go payment device for debit and…
19 Oct 2022 10AM 12 min

SATAWU/ UNTU divisions at TRANSNET could further impact the economy.

The South African transport and allied workers union (SATAWU) has vowed to continue striking at Transnet, calling the entity's three-year wage deal with the united national transport union (UNTU) a "betrayal" of workers. on Monday afternoon, Transnet announced that it had reached a three-year deal with UNTU, the largest union…
18 Oct 2022 10AM 12 min

STATS SA Gender Series Volume IX: Women Empowerment.

The Gender Series IX report on women empowerment released by Statistics South Africa today indicates a steady increase in women's share in the working-age population over the last 5 years. Despite more females in the labour force, males have higher employment rates than their female counterparts. The gender gap of…
18 Oct 2022 9AM 9 min

TECH & INNOVATION: SA's app economy sees tenfold growth.

South Africa’s app economy has grown tenfold over the past two years and is tipped for more growth, driven by the booming internet penetration and an increase in mobile-first consumers. This emerged during the recent App Growth and Marketing Insights Summit, organised by peer-to-peer file-sharing app SHAREit, in partnership with…
18 Oct 2022 9AM 8 min

U.K. prime minister fires finance chief amid economic turmoil.

British Prime Minister Liz Truss on Friday scrapped another key tax-cutting policy after firing her finance minister, in a bid to placate markets after the government’s controversial “mini-budget.” “It is clear that parts of our mini-budget went further and faster than markets were expecting,” Truss said in a brief press…
17 Oct 2022 1AM 10 min

Dis-Chem letter: The conundrum that business often struggles with transformation

Dis-Chem letter: The conundrum that business often struggles with driving transformation and developing skills at the same time. JSE-listed pharmaceutical retailer Dis-Chem has issued a moratorium on hiring white people to improve its employment equity profile. In a letter to senior management dated September 19, founder and CEO Ivan Saltzman…
17 Oct 2022 1AM 22 min

Wealth Creation: Retirement expectations vs reality in South Africa.

Financial services firm 10X Investments has published the fifth edition of its South African Retirement Reality Report 2022, noting that warnings of the last four years have had little effect, and retirement still holds the prospect of deprivation and disempowerment for most in the country. The economic pain of the…
17 Oct 2022 1AM 6 min

CAREERS CORNER: Betrayed at work here's how to move forward in your career.

So why does professional betrayal happen so often in businesses? Why are the most successful professionals targeted by the weakest, who are allowed to seemingly "get away with it?" In our society today we see this played out publicly - Capt. Brett Crozier is the most recent standout of this…
17 Oct 2022 1AM 12 min

Chaos at Beitbridge border post as Zimbabwe introduces new tolls.

Government is working on a number of infrastructural projects meant to transform and grow the economy and these include the ongoing US$300 million Beitbridge Border Post Modernisation project, The Lake Gwayi-Shangani, the Harare-Beitbridge Highway, several dams across the country, rehabilitation of irrigation schemes and many other such projects meant to…
17 Oct 2022 1AM 18 min

Momentum-Unisa Consumer Financial Vulnerability Index.

Momentum-Unisa Consumer Financial Vulnerability Index - Tips to improve consumer financial resilience. The overall state of South African consumers’ finances improved slightly in the third quarter of 2022 (Q3 2022) but remained under pressure. The Momentum-Unisa Consumer Financial Vulnerability Index (CFVI) increased from 48.9 points in Q2 2022 to a…
17 Oct 2022 1AM 11 min

Absa Africa FMI shows improving market infrastructure in majority of countries.

Absa Africa Financial Markets Index shows improving market infrastructure in majority of countries in the region. African countries have responded positively to the need to develop domestic financial markets to protect economies from external shocks, OMFIF’s 2022 Absa Africa Financial Markets Index reveals. Even as challenging market conditions weighed on…
13 Oct 2022 6AM 12 min

South African savings growth reached a record in 2021, but outlook bleaker.

For the third year in a row, global financial assets grew by double-digits in 2021, reaching €233-trillion, the ‘Allianz Global Wealth Report 2022’ shows. The report indicates that, in retrospect, 2021 might have been the last year of the old “new normal”, with bullish stock markets powered by monetary policy.
13 Oct 2022 6AM 5 min

INSIDE YOUR POCKET: Access to financial innovation is key to resilient economy.

Access to financial innovation is key to a resilient millennial economy. South Africa’s millennial population is positioned at the intersection of financial innovation and illiteracy. At a time when people are heavily indebted, and the increasing cost of living has put additional stress on everyone – millennials are seeking financial…
13 Oct 2022 6AM 14 min

PIVOT POINT: Zama Phakathi-Rambau identifies gap for black women in insurance.

The founder and CEO of Splendid Cover, Zama Phakathi-Rambau, is an astute businesswoman boldly navigating the business world in an endeavour to reach the top of business success. Phakathi-Rambau is now one of the few black women to get into the insurance business sector and currently holds ownership and leadership…
13 Oct 2022 6AM 18 min

ABSIP 2022 Financial Services Sector Awards.

ABSIP 2022 Financial Services Sector Awards Issued by ABSIP President, Ms Polo Leteka JOHANNESBURG, 12 OCTOBER, The Association of Black Securities and Investment Professionals (ABSIP) invites key stakeholders, partners and members to the ABSIP 2022 Financial Services Sector awards on the 3 rd of November 2022 in Johannesburg. The ABSIP…
13 Oct 2022 6AM 20 min

Up to 80% of SME startups will fail within 5 years - here's how tech can help.

Technology has a powerful role to play in enabling SMEs and entrepreneurs to compete with larger organisations with access to more resources. Yellow, an African fintech startup that supplies solar home systems in Malawi and Uganda, announced that it was able to grow its revenue by 1,500% and scale its…
13 Oct 2022 6AM 8 min

IMF downgrades SA’s GDP growth forecasts.

IMF downgrades SA’s GDP growth forecasts, sees a third of global economy contracting. The forecasts were laid out in the International Monetary Fund’s (IMF’s) latest World Economic Outlook, which coincides with the fund’s annual meetings in Washington. It has downgraded its outlook for South African economic growth, lowering its 2022…
12 Oct 2022 8AM 12 min
2700 – 2720