Kaya 959 Kaya Biz

Government concludes auction of high-demand spectrum for mobile telecommunications.

Loading player...
President Cyril Ramaphosa has announced that government has concluded the auction of high-demand spectrum for mobile telecommunications and says that this will prove a significant milestone in growing and transforming the economy.

Writing in his weekly letter to the public, Ramaphosa said the new spectrum will be accompanied by agreed social obligations to connect public schools, health facilities and police stations over the next three years.
22 Mar 2022 4AM English South Africa Business News · Investing

Other recent episodes

Franchising Under Scrutiny: The R1 Trillion Market Faces a Reset

Caroline Bergmann, Senior Associate at Pinsent Masons, breaks down the Competition Commission’s Franchise Market Inquiry — a structural intervention into one of SA’s most powerful sectors. We explore franchisee leverage, lender exposure, franchisor compliance, and lessons from past market inquiries shaping what comes next.
7 Jul 1PM 11 min

AI Boom, Digital Bust: Why Millions Are Locked Out of SA’s Future

ICB's Barbara Cawcutt explains South Africa’s AI paradox: world‑leading adoption but deep digital exclusion. With only 16% computer ownership, low digital literacy, and thousands of schools without computer centres, we explore why capability — not connectivity — is the real barrier to participation in the AI economy.
7 Jul 1PM 19 min

GDP Up, Consumers Down: SA’s Growth Disconnect Explained

Ricardo Smith, CIO at Absa Investments, unpacks South Africa’s sixth straight quarter of GDP growth — and why households aren’t feeling it. We explore flat consumption, weak investment, rising fuel prices, the SARB’s rate hike, and what all of this means for income, confidence and debt exposure heading into Q2.
7 Jul 12PM 19 min

Durban July’s Billion‑Rand Comeback: Racing’s Revival Story

Hollywoodbets’ Devin Heffer takes us inside the extraordinary revival of South African horse racing. The Hollywoodbets Durban July is now edging toward a R1 billion economic contribution — a dramatic turnaround for an industry nearly wiped out by the Steinhoff fallout and the pandemic. Heffer explains how the Durban July has…
6 Jul 2PM 13 min

600 000 in Sight: SA’s Automotive Comeback Explained

NADA Chairperson Brandon Cohen unpacks South Africa’s remarkable new‑vehicle market performance. We explore why consumers are returning to trusted brands, how affordability pressures shape buying behaviour, the rise of Chinese manufacturers, and the booming demand for used commercial vehicles. Cohen also outlines the risks and opportunities for H2 2026
6 Jul 1PM 15 min
All episodes