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
5,365 Episodes
1660 – 1680

How State insurer, SASRIA assesses election year risks

GUEST – Mpumi Tyikwe - SASRIA CEO Sasria, the state insurer providing cover for riots and public disorder, is in discussions with reinsurers to continue providing grid-collapse cover next year as it keeps an eye on possible social and economic risks in an election year.
1 Feb 2024 3PM 8 min

MultiChoice’s share price surges 24% after R46.5bn buyout offer

GUEST - Mudiwa Gavaza - business writer for the Business Day and Financial Mail French entertainment giant Canal+ wants to take control of MultiChoice, making an offer on Thursday to buy all remaining shares it does not own of the DStv owner. In a letter to the MultiChoice board, Canal+…
1 Feb 2024 3PM 9 min

South Africans are poorer – despite a jump in take-home pay

GUEST - Elize Kruger, an Independent Economist. Despite take-home pay increasing in 2023, South Africans are earning less when accounting for inflation. The BankservAfrica Take-home Pay Index (BTPI), which measures the average nominal take-home pay among approximately 4 million salary earners in South Africa, ended 2023 at R15,409 This was…
1 Feb 2024 3PM 8 min

EKASINOMICS – Custom crafted high quality leather products business

GUEST – TIhalefang Moeletsi – Founder and Creative Director of Mebala Mebala means colours in Setswana. Their brand seeks to celebrate and elevate African heritage, creativity, and craftsmanship, and ultimately create a positive impact on our environment and communities. They manufacture sustainable and technology-enabled leather products.
31 Jan 2024 3PM 16 min

SA lost over 9,000 us-dollar millionaires in 10 years - BRICS Wealth Report

GUEST – Andrew Amoils, head of research at New World Wealth. The latest BRICS Wealth Report for 2023 shows that South Africa has lost thousands of millionaires over the last ten years – ranking near the bottom of the top BRICS+ countries assessed. According to the report, there are currently…
31 Jan 2024 3PM 17 min

UPDATE - YWBN CFI receives license to register mutual bank.

The Young Women in Business Network (YWBN) says it has taken a major step forward to opening its doors in South Africa as a mutual bank, having now received its mutual banking licence from the South African Reserve Bank’s Prudential Authority. First announced back in 2018, YWBN, operating at a…
31 Jan 2024 3PM 25 min

Absa Group confirms expansion into China

GUEST - Cheryl Buss - CEO of Absa International Absa Group is positioning to benefit as private Chinese firms increase their investment in Africa, the head of the bank’s international business. China’s involvement in Africa, for decades defined by large, government loan-backed projects, is undergoing a transformation, Absa International CEO…
31 Jan 2024 3PM 6 min

Transaction Capital to list WeBuyCars separately on the JSE

GUEST – The Finance Ghost – Retail Analyst Transaction Capital is moving ahead with its planned unbundling and separate listing of its WeBuyCars (WBC) business on the main board of the JSE – a move that saw its share price surge over 10% in morning trade on Wednesday. “Shareholders are…
31 Jan 2024 3PM 9 min

Vandalism of traffic lights costs Gauteng government R30 million

GUEST – Lesiba Mpya – Spokespeson for the Gauteng department of transport The Gauteng Department of Roads and Transport has expressed a deep concern regarding the alarming surge in vandalism and theft targeting traffic signals within the province. The Department says the battle of maintaining and protecting the road traffic…
30 Jan 2024 3PM 8 min

FOLLOW UP - Climate change risk is raising South Africans’ insurance premiums

GUEST – Lizo Mnguni, spokesperson for Old Mutual Insure. After a financially challenging month, commonly known as "JanuWorry," the decision by the South African Reserve Bank recently to keep the repo rate steady at 8.25%, comes as a relief to many consumers. In addition, although there has been some initial…
30 Jan 2024 3PM 9 min

Are South Africans affording new cars?

GUEST – Mikel MABASA – CEO of The National Association of Automobile Manufacturers of South Africa Tough trading conditions for the motor industry last year culminated in December sales taking a dip. Naamsa, the automotive business council, released its statistics for the final month of 2023 – with figures reflecting…
30 Jan 2024 3PM 13 min

RAF processes to protect beneficiaries against fraudulent lawyers

GUEST – McIntosh Polela, the spokesperson for The Road Accident Fund The Road Accident Fund (RAF) is delighted at the 10-year jail term that was imposed on a thieving lawyer by the Durban specialised commercial crimes court. Langelihle Dube was sentenced for the theft of R2.3m belonging to his clients…
29 Jan 2024 3PM 8 min

More than 290 000 jobs on the line as steel sector continues its decline.

GUEST – Tafadzwa Chibanguza - Steel and Engineering Industries Federation of Southern Africa (Seifsa) COO Over a five-year period, the average 1.3% a year decline in the metals and engineering sector will lead to an average 2.9% decline in employment, or 293 754 direct and indirect job losses, industry organisation…
29 Jan 2024 3PM 5 min

STATE OF SOUTH AFRICA – SOCIAL MEDIA EDITION

GUEST – Lorato Tshenkeng - CEO of Decode Communications The annual South African Government Leaders on X is a benchmark tool with the purpose of reflecting on the presence and activity of cabinet members and their spokespeople on the microblogging app, mainly how they use it for citizen engagement. The…
25 Jan 2024 3PM 18 min

Repo rate holds steady

GUEST – Thabani Ndwandwe, Chief Risk Officer at Standard Bank South Africa The Reserve Bank’s Monetary Policy Committee have kept rate constant at a repo of 8.25%, prime 11.75 for the fourth time since May last year. While the SARB has acknowledged the easing inflationary environment, the bank remained hawkish,…
25 Jan 2024 3PM 7 min

How your credit score is calculated

GUEST - Kabelo Teme – Spokesperson for the Office of the Credit Ombud Your credit score is an indication of how well you have managed your credit in the past. The higher your score, the more responsible you have been with credit in the past, and the greater your chance…
25 Jan 2024 3PM 7 min

WesBank denies claims of overcharging clients

GUEST – Ghana Msibi – WesBank CEO Vehicle finance institution, Wesbank has refuted allegations of discrimination against customers based on race, gender, or age. This follows reports about a former employee making allegations of how the finance provider used a specific system to overcharge black clients.
25 Jan 2024 3PM 7 min
1660 – 1680