Kaya Biz

More trouble for ‘NEW’ SAA as it loses licences to important routes.

South African Airway has reportedly lost 20 licences to routes that serve domestic and international passengers. The Air Services Licensing Council (ASLC) revoked the licences after the troubled airline was unable to prove that it had sufficient personnel, facilities and equipment to service the routes, according to aviation analyst Phuthego…

29 Sep 2022 2AM 9 min

INSIDE YOUR POCKET: Metropolitan helps instill a culture of saving within Mzansi

INSIDE YOUR POCKET - Metropolitan helps instill a culture of saving within Mzansi by changing the traditional savings approach. Saving money towards the achievement of a financial goal, retirement or simply to have access to funds during an emergency is universally accepted as something wise and worthwhile. And yet, most…

29 Sep 2022 1AM 12 min

PIVOT POINT: Barati Mahloele - Director of Tiger Brands' Venture Capital Fund.

Tiger Brands is aiming high with the appointment of Barati Mahloele as the company’s Venture Capital Fund director. She joined the business from Zebu Investment Partners, where she was Vice President of Investments. Mahloele who has considerable experience in the field, holds an MBA from the University of Oxford’s Said…

29 Sep 2022 1AM 19 min

In conversation with Steinheist director, Richard Finn Gregory.

A new three-part documentary by the producers of Devilsdorp on the fall of Steinhoff highlights not only the infamous dealings of Markus Jooste but also how corruption in the private sector all too frequently flies beneath the radar. The first episode of the docuseries by production company Idea Candy and…

29 Sep 2022 1AM 16 min

Governance lessons learned from the Eskom crisis.

In this opinion piece, Nelson Mandela University Infrastructure Development & Engagement Unit associate Bongani Mankewu writes that an Industrial Council Body needs to be enacted into law for the appointment of boards of directors at State-owned enterprises (SOEs) and the monitoring of the Industrial Development Programme. South Africa's Eskom crisis…

28 Sep 2022 3AM 11 min

Banks face avalanche of demand from customers trying to ditch Eskom.

Banks are facing an avalanche of inquiries from customers ready to throw in the towel with Eskom and go solar. All offer a range of financing options, from access bonds and readvances to personal loans and leasing – and many have partnered with professional solar installers to ensure consistency in…

28 Sep 2022 3AM 11 min

INSIDE YOUR BUSINESS: How to Make Your eCommerce Site More Profitable in 2022.

Johannesburg, South Africa – September, 2022: By now, it’s no secret that the pandemic brought forth a cosmic explosion within the eCommerce space. An industry which, despite its exponential year-over-year growth, was a moderate blip on the radar of both consumers and those around the boardroom table, became a must-have…

28 Sep 2022 3AM 15 min

LEGALLY SPEAKING: Claiming a life insurance policy where deceased is missing.

Claiming under a life insurance policy where the deceased’s body is missing. The major events of recent years, particularly in South Africa, including the 2021 July civil unrest and 2022 Durban floods, have brought forth an issue that is not often entertained due to the rarity of such events, and…

28 Sep 2022 2AM 17 min

EKASINOMICS: Local entrepreneur turns eyewear into a hot business.

The young entrepreneur, affectionately known as Ntwana e Blind, started selling the Zaza Eyewear on social media and managed to cultivate a loyal customer base that also shares the same love for chic sunglasses. Xolani accredits the success of the eyewear to him offering his customers a wide variety of…

28 Sep 2022 2AM 16 min

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…

27 Sep 2022 5AM 11 min

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…

27 Sep 2022 5AM 5 min

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…

27 Sep 2022 5AM 15 min

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…

27 Sep 2022 5AM 16 min

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…

27 Sep 2022 5AM 19 min

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…

27 Sep 2022 4AM 13 min

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…

26 Sep 2022 3AM 11 min

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…

26 Sep 2022 3AM 7 min

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…

26 Sep 2022 3AM 19 min

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…

26 Sep 2022 3AM 18 min

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…

26 Sep 2022 3AM 7 min