Kaya Biz

Labour responds to Transnet unbundling – says they were blindsided by the move

GUEST - Cobus van Vuuren - UNTU General Secretary Transnet Freight Rail (TFR) has announced plans to split its operations, marking a major shift in the state-owned enterprise's structure. We speak to Cobus Van Vuuren, United National Transport Union’s SG to understand labour’s reaction to the move.

9 Oct 2024 8AM 9 min

INSIDE YOUR BUSINESS: Prevent your business from being involved in a money laundering scheme

GUEST - Dewald van Rensburg - Investigator at AmaBhungane Centre for Investigative Journalism & Steven Powell, head of ENSafrica's forensics practice The funds are deemed as illicit as they often originate from fraud, corruption, drug trafficking, or other unlawful activities or predicate crimes. Money laundering operations have serious negative impacts…

9 Oct 2024 8AM 15 min

SARS confirms criminal sanctions for Crypto non-compliance

GUEST - Jashwin Baijoo, Associate Director and Head of Strategic Engagement & Compliance – Tax Consulting SA The South African Revenue Service (Sars) has issued a stern warning to taxpayers who hold digital currencies, emphasising that failing to declare crypto assets on tax returns will not be tolerated. Sars highlighted…

9 Oct 2024 8AM 12 min

Information Regulator going after security estates and office parks information they collect about visitors.

GUEST – Advocate Pansy Tlakula, the chairperson of the Information Regulator of South Africa The Information Regulator of South Africa is targeting security estates and office parks over the information they collect about visitors. Many South African security estates and office parks collect a wide range of visitor data as…

9 Oct 2024 8AM 11 min

Old Mutual launches cellphone service with data packages starting at R5

GUEST - Moses Duma - Old Mutual Finance Head of Customer Engagement Old Mutual, a leader in the insurance industry, has launched a Mobile Virtual Network Operator (MVNO) service. The insurance giant will be offering competitive mobile services designed to meet the needs of today’s dynamic and connected world. Old…

8 Oct 2024 2PM 9 min

ALLAN GRAY: Is the SA equity market in recovery?

The South African equity market has delivered a muted performance in recent years – as various structural challenges have weighed down sentiment and created a difficult operating environment for businesses to thrive. The formation of a government of national unity (GNU) has prompted many investors to reconsider South Africa’s prospects,…

8 Oct 2024 2PM 13 min

Gauteng Embarks on Residential Property Rebound

GUEST - Gavin Lomberg, CEO at ooba Home Loans. During the COVID-19 pandemic, many prospective homebuyers left the country’s economic hub in search of coastal homes and added lifestyle benefits, however, the latest data shows encouraging signs of recovery in Gauteng’s residential property market. “There are strong signs pointing to…

8 Oct 2024 2PM 15 min

In a country where it rarely snows, what are some key insurance lessons from South Africa's recent snowstorm.

GUEST – John Wessels, Data and Actuarial Science Manager at Blink by MiWay While snow is a rare occurrence in South Africa, the recent snowfall highlights several important insurance lessons, we chat to Data and Actuarial Science Manager at Blink by MiWay, John Wessels on what these lessons are.

7 Oct 2024 2PM 10 min

Retailers not cutting food prices fast enough, says Competition Commission.

GUEST – Khali Ranenyeni, Principal Economist at Competition Commission Competition Commission economists have warned that food prices are still too high for minimum wage households to afford, even in the face of cooling price pressures and lower fuel prices. The latest edition of the Essential Food Price Monitoring Report by…

7 Oct 2024 2PM 15 min

Airbnb’s impact of short-term rentals on Cape Town’s economy and housing market.

GUEST – Velma Corcoran, Regional Lead Middle East Africa at Airbnb Cape Town’s Airbnb sector is soaring, sporting more listings than the cities of Sydney and San Francisco combined. Data from Inside Airbnb, a collaborative data effort that reports on the expansion of Airbnb globally, shows that there are 23,564…

7 Oct 2024 2PM 20 min

WEALTH CREATION – Wine as an alternative investment

GUEST - Michael Fridjhon - Founder of Winex South Africa’s wine industry is poised for a comeback, driven by rising local demand and the growing popularity of white wines like Cap Classique and Chenin Blanc in China. Exports of Cap Classique to China rose by 4% in 2023, despite a…

7 Oct 2024 1PM 13 min

Eskom's new transmission company, NTCSA launches.

GUEST – Segomoco Scheppers - National Transmission Company South Africa (NTCSA) interim CEO The Department of Public Enterprises (DPE), Eskom SOC Holdings Limited and the National Transmission Company South Africa (NTCSA) are pleased to announce that the NTCSA has officially commenced trading. This milestone marks the NTCSA’s establishment as a…

7 Oct 2024 1PM 10 min

Life insurers pay claims and benefits worth R298 billion in the first half of 2024.

GUEST – Gareth Friedlander, a member of the ASISA Life and Risk Board Committee South African life insurers paid R298 billion in claims and benefits to beneficiaries and policyholders in the first six months of 2024, according to the long-term insurance statistics released by the Association for Savings and Investment…

7 Oct 2024 1PM 11 min

Electric minibus taxi eKamva launched for South African market

GUEST – Justin Coetzee - GoMetro CEO New electric vehicle to turn taxi industry on its head South Africa’s first electric minibus taxi model, eKamva, was launched by a consortium led by GoMetro, alongside an integrated new electric vehicle (EV) business model and charging infrastructure product called flx EV at…

3 Oct 2024 1PM 14 min

Google Opens Applications for Funding Program Focusing on Black Founders in SA

GUEST - Siya Madikane, Public Affairs and Comms Manager at Google SA Google today announced that applications for the Google for Startups Accelerator Africa: Black Founders program are open to Black-owned startups in South Africa. The fund is a reflection of Google's commitment to supporting startups in South Africa, recognizing…

3 Oct 2024 1PM 7 min

PIVOT POINT – In conversation with insurance veteran and MiWay CEO, Burton Naicker

In 1995, Burton Naicker started a career in banking in the province of Kwa Zulu Natal where he was born. He moved to Gauteng in 1998 into the insurance industry where he took on a position as a Legal Recoveries Advisor at the Telesure group of companies. Three years later…

3 Oct 2024 1PM 18 min

JSE cannot maintain sustainable heights without renewed foreign investor sentiment

GUEST – Jason Swartz, Portfolio Manager at Old Mutual Investment Group Outside of the last few weeks of heightened volatility, JSE-listed equities have been on a ‘tear’ recently as positive domestic news flows and local investor sentiment push share prices higher; yet it will take renewed foreign investor interest to…

3 Oct 2024 1PM 11 min

Gauteng govt pays R3.8 Billion towards e-toll debt.

GUEST - Wayne Duvenage - CEO of OUTA Gauteng Member of the Executive Council (MEC) for Finance and Economic Development Lebogang Maile says the province will not go bankrupt. He was speaking at a briefing on Monday where he outlined the debt repayment structure of the failed e-toll revenue collection…

30 Sep 2024 12PM 11 min

WEALTH CREATION – What are South African doing with their Bitcoins?

GUEST - Tarris Arnold, Business Development Manager at Luno, South Africa’s largest crypto investment app South Africans are increasingly using crypto to pay for goods and services according to a new report by Luno, South Africa’s largest crypto investment app and a licensed FSP. The new Luno report, Bridging digital…

30 Sep 2024 12PM 13 min

Loan defaults numbers decrease because of lack of access to credit by consumers.

GUEST – Jaco van Jaarsveldt - Head of Commercial Strategy and Innovation at Experian. South African consumers are slowly getting to grips with managing their debts, but the wealthier groups—who tend to have more big-ticket loans—are still under pressure. This is according to the latest Experian Consumer Default Index (CDI)…

30 Sep 2024 12PM 14 min