SA shoppers show ‘bolder swipes’ as Black Friday spending surges
Kaya Biz with Gugulethu Mfuphi spoke to Tumelo Ramugondo, Head of Credit at Standard Bank, who confirmed that retail customers showed a marked increase in both volume and value.
Kaya Biz with Gugulethu Mfuphi spoke to Tumelo Ramugondo, Head of Credit at Standard Bank, who confirmed that retail customers showed a marked increase in both volume and value.
Zuko Komisa Image | Adobe Stock Minister John Steenhuisen announced a new, nationwide vaccination strategy to combat South Africa's severe Foot and Mouth Disease (FMD) outbreak. The comprehensive plan involves inoculating the entire national cattle herd, starting with the hardest-hit provinces. The initiative aims to secure international recognition ("freedom with vaccination status") and requires consistent vaccine supply and international technical partnerships. The South African government has unveiled an ambitious, nationwide […]
Experian Africa is urging consumers to approach the impending Black Friday sales with extreme caution to avoid future debt, despite a recent improvement in national default rates.
Zuko Komisa Image | Adobe Stock National Treasury is seeking public comments on levying a new 20% national tax on the gross gambling revenue (GGR) of all online betting operations. The tax is proposed to address the recent surge in online gambling and mitigate the associated social costs and negative externalities stemming from problem gambling. The public discussion paper is open for review, with a deadline for written submissions set […]
Annual consumer inflation in the SA crept up to 3.6% in October, according to the latest figures, a modest rise from 3.4% in September.
South Africa posts fiscal gains, lower unemployment and rising travel trends as Kaya Biz unpacks the 2025 Medium-Term Budget Policy Statement (MTBPS). Sinenjabulo Sibeko Kaya Biz with Gugulethu Mfuphi It was a landmark week for South Africa’s economic narrative and a pivotal one for Kaya Biz, which hosted a special live broadcast from Cape Town on Budget Day to unpack everything coming out of the 2025 Medium-Term Budget Policy Statement […]
Sinenjabulo Sibeko Kaya Biz with Gugulethu Mfuphi After nearly two decades of legal wrangling, one of South Africa’s longest-running corporate disputes has finally been resolved. Vodacom and former employee Nkosana Makate have reached an out-of-court settlement over the iconic “Please Call Me” service concluding an 18-year legal battle that tested corporate ethics, intellectual property rights, and the limits of persistence. The agreement closes a chapter that has lingered through several […]
Despite spending over R30 billion last year, South African shoppers are growing tired of Black Friday gimmicks and shifting toward smarter, more values-driven buying. Bulelwa Hoala Photo by Maria Kray: https://www.pexels.com/photo/boxes-in-a-shopping-cart-18488171/ South Africans spent more than R30 billion on Black Friday in 2024. According to the Daily Maverick, the single-highest individual transactions were for R3,328,422 by a corporate client and R551,128 for an individual. Consumers are gearing up for another […]
Zuko Komisa Image | ETFSA Roundtable on Kaya Biz Exchange-Traded Funds (ETFs) are redefining how South Africans approach investment, saving, and retirement amid current economic uncertainty, offering both opportunity and stability. A recent ETFSA Roundtable on Kaya Biz, featuring experts like Nerina Visser and Gareth Stobie, explored how ETFs empower local investors toward greater financial independence. Key benefits discussed include the use of ETFs for efficient portfolio diversification and aiding […]