Kaya Biz

KAYA 959  |  Podcast , ±11 min episodes every 15 hours  | 
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.

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27
SEP
8am

REMGRO shows strong earnings recovery above pre-pandemic levels.

JSE-listed investment holding company Remgro is reporting a 125.1% increase in headline earnings to R6.49 billion for the full year period ended June 2022, coming off a Covid-19 led low base and boosted by the recovery in earnings for most of the group’s underlying investee companies, it says in a Sens announcement released on Tuesday.

Remgro says it has seen a strong recovery from recently acquired companies Mediclinic, Distell and Community Investment Ventures Holdings Proprietary Limited (CIVH) as well as other investee companies Kagiso Tiso Holdings Proprietary Limited, Grindrod Limited, Grindrod Shipping Holdings Limited, FirstRand Limited and TotalEnergies.
Kaya 959
27
SEP
8am

SA employment decreases by 119 000 jobs in Q2.

South Africa’s formal, non-agricultural industries shed 119 000 jobs in the second quarter (Q2), down from 10 067 000 in March 2022 to 9 948 000 in June 2022, led largely by employment losses in the community services, business services and construction industries.
Statistics South Africa’s latest Quarterly Employment Statistics (QES) Report shows that employment in the community services industry dropped by 100 000 jobs, followed by businesses services which saw a decrease of 15 000 and construction which reported an employment drop of 13 000. Manufacturing had 12 000 less jobs, while the electricity industry lost 1 000 jobs in Q2.
Year on year, employment in the country only grew by 0.7%, a gain of 74 000 jobs between June 2021 and June 2022.
Kaya 959
27
SEP
8am

The rand is awful for travel to the US, UK, and a few other countries, are cheap

On Monday, the rand broke through R18 to the dollar for the first time since the pandemic-induced madness that took hold in April 2020, and subsided again during May of that year.
That is due in part to dollar strength and various global factors. But the rand is also tanking all by itself; it is the worst-performing currency among its emerging-market peers over the past month, with the government's inability to deal with load shedding cited as a major reason.
Kaya 959
27
SEP
8am

ITS MY HOUSE: Upscaling, downscaling or semigrating? Signs that Its time to move

The COVID-19 pandemic has given rise to significant shifts in the residential property market. In the beginning, many were scaling back to clamber back on costs, however, as interest rates continued to dip between 2020 and 2021, many started to upgrade their homes and invest in bigger spaces. Now, with rising costs and major pressure on consumers, the market is changing once again.
Grant Smee, property entrepreneur and Managing Director of Only Realty Property Group, says that despite higher costs of living and a quick succession of interest rate hikes, the market remains surprisingly resilient. “While FNB’s latest Property Barometer indicated that the price growth of homes has slowed down (3.4% - down from 3.8% in May), there is still strong demand for homes as indicated in the market volumes that we are seeing,”
Kaya 959
27
SEP
8am

Africa 2022 - Africa Sport And Entertainment Summit .

The first ever Africa Sport and Entertainment Summit will feature Anita Elberse, the Lincoln Filine professor of Business Administration at Harvard Business School.
An award-winning teacher, who will be teaching MBA case studies on entertainment, media and sport.
The Summit seeks to unpack opportunities in the Business of Sport and Entertainment in Africa. We engage different stakeholders across key markets and properties that operate in these sectors in order to fully drive towards the actualisation of the potential.
Kaya 959
27
SEP
7am

TECH & INNOVATION: Rebooked APP - Buy, sell, write, publish.

TECH & INNOVATION - Rebooked - ‘Buy, sell, write, publish’ app set to empower students and aspirant writers.

A 25-year-old entrepreneur, Nkcubeko Noyila, says her new app ‘Rebooked’ – which connects buyers and sellers of second-hand academic books – provides access to information and tools that are necessary for both academic and personal advancement.
The app will be available to Apple and Android users from 15 October.
“The initial idea was to offer students a chance to connect with other students and advertise venues where they could meet to do transactions for textbooks,” she says.
However, safety considerations related to this approach made it necessary to build a safe online payment mechanism into the app, she adds.
Kaya 959
26
SEP
6am

US stands firm over sanctions on 'increasingly repressive' Zimbabwe.

US stands firm over sanctions on 'increasingly repressive' Zimbabwe despite lobbying by Ramaphosa.

The US will not lift sanctions on Zimbabwean entities and individuals, despite the issue being raised by President Cyril Ramaphosa during his visit with US President Joe Biden.
US Ambassador to South Africa Reuben E Brigety said the US did not believe claims that its sanctions had caused Zimbabwe's declining economy.
He told News24 the sanctions were targeted at specific people and entities, and that misinformation was driving the blame for the suffering experienced in Zimbabwe on the US.
The US will not lift sanctions on Zimbabwean entities and individuals, despite the issue being raised by President Cyril Ramaphosa during his visit with US President Joe Biden.
US Ambassador to South Africa Reuben E Brigety said the US did not believe claims that its sanctions had caused Zimbabwe's declining economy.
He told News24 the sanctions were targeted at specific people and entities, and that misinformation was driving the blame for the suffering experienced in Zimbabwe on the US.
Kaya 959
26
SEP
6am

SA gets investment grade rating from new rating agency.

South Africa generally has a good credit quality and its default risk currently remains low, according to Sovereign Africa Ratings (SAR).
The agency announced its findings on the country’s creditworthiness on Friday, giving South Africa a BBB long-term and B+ short-term rating, with a stable outlook.
Its views of the country’s sovereign status contradict those of the ‘big three’ – Moody’s Investors Service, S&P Global Ratings and Fitch Ratings – which together account for about 95% of international rating activity, having all been around for over a hundred years
Kaya 959
26
SEP
6am

CAREERS CORNER: Are you developing skills that won’t be automated?

The future of work looks grim for many people. A recent study from Forrester estimated that 10% of U.S. jobs would be automated this year, and another from McKinsey estimates that close to half of all U.S. jobs may be automated in the next decade.

The jobs that are likely to be automated are repetitive and routine. They range from reading X-rays (human radiologists may soon have much more limited roles), to truck driving, to stocking a warehouse. While much has been written about the sorts of jobs that are likely to be eliminated, another perspective that has not been examined in as much detail is to ask not which jobs will be eliminated but rather which aspects of surviving jobs will be replaced by machines.
Kaya 959
26
SEP
6am

Six signs of career derailment.

Getting bumped off the track on your way to the top is every high achiever's recurring nightmare. How can you be sure it doesn't happen to you? Research by Michael Lombardo, principal of Lominger Limited, uncovered six indicators of career derailment. If any of them describe you, you'll know what areas you need to work on.
Kaya 959
26
SEP
6am

SAA slides in global airline rankings to new low – while Ethiopian shines bright

South African Airways (SAA) continues to slide down the ranks of the world's best airlines, dropping for the fourth consecutive year to its worst place on record. Meanwhile, Ethiopian Airlines continues to soar in Africa and abroad.
South Africa's flag carrier has had a tumultuous past few years. From fierce financial losses, which forced it into business rescue, to the pandemic that crippled the global aviation sector, SAA's road to renewal has been fraught.
Kaya 959
22
SEP
5am

The business of comics: Is there enough scope for opportunity for comic artists?

The business of Comic books: Is there enough scope for opportunity for comic artists in the South African market?

It has been over 15 years since the Institute conducted its first study into South Africa’s fastest growing consumer segment.
At the time, the research into the then termed ‘Black Diamonds’ garnered widespread attention as the emergence of a Black middle class was unprecedented due to centuries of economic discrimination and exclusion.
In 2012, the Institute noted this dramatic growth of the Black middle class, which for the first time in South Africa’s modern history, outstripped that of its White Middle Class counterparts. The latest report reflects on its significant and continued rise, the nuanced changes over the years and trends likely to influence and entrench the Black Middle Class as the foremost consumer market into the future.
Kaya 959

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