Kaya Biz

Rand expected to remain volatile in 2023.

The rand has maintained its volatile nature in the first few days of the year with some dramatic moves last week, indicating that it is in for another bumpy ride in 2023. “In the short term, the rand moves will still be dominated by what happens in the US, as…

9 Jan 2023 6AM 8 min

South Africans are threatening to close their bank accounts

Sarah Lamb, head of client service at DataEQ talks about Capitec Bank is at risk of losing customers – and if customers make good on their threats to close their accounts and leave, banks like Discovery Bank stand to be the biggest winners. This is one of the key findings…

8 Dec 2022 1PM 5 min

PIVOT POINT: Mkhuleko Hlengwa – (SCOPA)

Mkhuleko Hlengwa – Chairperson of the Standing Committee on Public Accounts (SCOPA) talks about Mkhuleko Hlengwa (born 12 June 1987) is a South African politician who serves as a Member of the National Assembly for the Inkatha Freedom Party (IFP). He is the Chairperson of parliament's Standing Committee on Public Accounts (SCOPA). He became a Member of…

8 Dec 2022 1PM 27 min

Changing minds: How can insurers make a difference on the mental health journey?

Sinenhlanhla Sithomo - Head of Insurance Business: Investec Life talks about A December 2021 report by the Chief Risk Officer’s (CRO) Forum shows that over the past decade there has been a significant shift in insurance claims from physical to mental health with ailments such as burnout, anxiety, and depression…

8 Dec 2022 1PM 18 min

Latest AFSCI Index shows credit extension increase

Keith Lockwood, Independent consultant talks about Altron FinTech’s latest Short-term Credit Impact (AFSCI) Index for the third quarter of 2022 shows a 0.9% quarter-on-quarter increase in net short-term credit extension. The index tracks the impact of short-term credit extension on the South African economy on a quarterly basis. “Based on National…

8 Dec 2022 1PM 10 min

Big turnaround for middle class South Africans, says FNB

Mamello Matikinca-Ngwenya, FNB Chief Economist talks about South African consumers are gaining confidence in the economy, according to the latest FNB/BER Consumer Confidence Index (CCI), with middle-class and upper-income South Africans reigniting a spark in consumer spending. The overall index, compiled by FNB with the Bureau for Economic Research (BER)…

8 Dec 2022 1PM 12 min

EKASINOMICS: Local Entrepreneurs create can alternative banking solution.

Lesego Moganetsi founder & Operations Manager of Streamz Pay talks about how Local Entrepreneurs create can alternative banking solution allowing cheap instant transfer of money.

7 Dec 2022 1PM 17 min

Year-end fatigue: let’s rethink resilience, aim for antifragility

Peter Laburn is the founder of Lead with Humanity talks about Resilience fatigue has hit. Global economic upheaval, the climate crisis and social turmoil — to say nothing of our local experiences of load shedding, water cuts and political instability — has made the expectation and experience of being resilient…

7 Dec 2022 1PM 6 min

INSIDE YOUR BUSINESS: Multimillion-dollar boost for small business.

Collen Dlamini is the Group Executive: Corporate Affairs for MultiChoice Group talks about Following the success of the MultiChoice Africa Accelerator Programme, which secured $16 million (USD) of funding for six emerging businesses last year, the programme has been expanded to eight more countries across Africa.  Many more small businesses…

7 Dec 2022 1PM 14 min

LEGALLY SPEAKING: Quiet Promotion and how to deal with it

Laura Pycraft - Career Coach ‍and Talent Management Expert talks about You May Get A 'Quiet Promotion' And Not Realize Until It's Too Late There's a difference between a stretch opportunity and this exploitative behavior. Quiet promotions can lead to quiet quitting. Don't let this happen to you. If you…

7 Dec 2022 1PM 18 min

A Residential Property Facing Headwinds To Move Forward

Hayley Ivins-Downes, head of Digital at Lightstone talks about Johannesburg, South Africa – November 2022: South Africa’s residential property is facing domestic and global headwinds after bouncing back positively from Covid-19, according to Lightstone, a provider of comprehensive data, analytics and systems on property, automotive and business assets. Hayley Ivins-Downes,…

6 Dec 2022 1PM 14 min

TECH & INNOVATION: South African app shows which petrol stations to use

Rob Gardner – Founder of MyTank talks about A recently-launched online app in South Africa shows motorists which fuel stations they should use for the cheapest refills and best cash-back rewards from their banking and other fuel rewards programmes. The tool — called MyTank — was developed by Capetonian Rob…

6 Dec 2022 1PM 10 min

How the government spends every R100 of taxpayers’ money in South Africa

Elizabeth Makhafola – STATS SA Director for National and provincial government institutions talks about Stats SA has published its annual breakdown of government spending for the 2021/22 financial year, showing exactly where taxpayers’ money is going. This year marked the first time that government spending exceeded the R2 trillion mark,…

6 Dec 2022 1PM 13 min

ITS MY HOUSE: Bond Applications for New Developments Are on the Up.

Natasha Champion, Regional Sales Manager for OOBA talks about Bond Applications for New Developments Are on the Up - Here’s What’s Driving Demand   New residential developments (also known as off-plan properties) have experienced a notable surge in popularity among South African homebuyers, and this trend is set to accelerate…

6 Dec 2022 1PM 16 min

Big GDP surprise for South Africa’s economy

Joe de Beer - DDG: Responsible for economic statistics talks about Stats SA has published the latest gross domestic product numbers for the third quarter of 2022, showing surprising growth of 1.6% in the quarter. The growth beat out market expectations by some margin – consensus among economists and analysts was that…

6 Dec 2022 1PM 9 min

Lucky Star owner Oceana reports profit increase for its full year

Neville Brink - Chief Executive Officer talks about JSE-listed global fishing Company Oceana says a spike in consumer demand for more pocket-friendly protein has supported the 17% increase in headline earnings per share (Heps) from continuing operations to 626 cents, up from 536.2 cents in 2021. In a Sens release on Monday…

6 Dec 2022 1PM 11 min

WEALTH CREATION: What are some of the best financial gifts for our children

rica Liebenberg, JustMoney Editor talks about Invest in your child’s financial future this festive season 2 December 2022   Most families are stretching their budgets in order to make the festive season memorable for their children, within the constraints of soaring living costs and concerns about what the New Year…

5 Dec 2022 1PM 17 min

CAREERS CORNER: What happens when brands fail their influencers

Madelain Roscher, crisis communications expert and CEO of PR Worx talks about how It’s been two weeks since fashion brand Balenciaga first launched its holiday horror “Gift Collection” advertising campaign, featuring disturbing images of young children holding handbags in the shape of teddy bears wearing bondage gear.   The outrage…

5 Dec 2022 1PM 14 min

Momentum Metropolitan is championing employee volunteerism

Monique Schehle – Insights Consultant at Momentum Metropolitan talks about Volunteerism is much needed beacon of light and positivity in South Africa. After a decline during the COVID-19 pandemic, corporate volunteerism is again thriving in the South African private sector 1,2, with many larger companies now having employee volunteering programmes…

5 Dec 2022 1PM 9 min

Nampak Gets Kick From Can Demand, But Profits Take Foreign Exchange Hit

Erik Smuts – Nampak CEO Talks about “in 2022 we faced some operational headwinds while leveraging the available tailwinds. the sa beverage can market experienced unprecedented growth; and volumes in angola during the last quarter grew by almost 30%, exceeding our expectations.”   he added, “revenue increased by 21%, lifted…

5 Dec 2022 1PM 9 min