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Kaya Biz: Absa has appointed Arrie Rautenbach as new CEO

Kaya 959 Reporter Arrie Rautenbach has been appointed as Chief Executive Officer of the ABSA Group. The bank stated in a statement that the appointment came after a rigorous recruitment and selection procedure by the board.  Sello Moloko, Absa Group Chairman Designate, said: "Arrie’s appointment will anchor our performance and growth, as we consolidate our position as a leading financial services provider on the continent." "Arrie is aligned with the Board […]

today29/03/2022

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Kaya Biz: Netflix set to invest R929 million in South Africa’s film and TV industry

Kaya 959 Reporter Netflix has announced that it will be investing R929-million in the South African film and television industry. They announced this at this year's 4th Annual South African Investment Conference on Thursday, 24 March, at the Sandton Convention Centre in Johannesburg. The funds will be pumped into the creatives industry by 2023, with the funds covering one international production and three local shows. Kaya Biz with Guguletthu Mfuphi […]

today25/03/2022

Budget Speech
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Kaya Biz: How to break the cycle of Black Tax

Kaya 959 Reporter Young adults across the country have all grappled with the realities of 'Black Tax', and in the last two years, the realities have weighed heavily because of the tough economic times. 'Black Tax' is when one has to use the limited resources they have once they begin making some form of income to support themselves as well as their extended families. In many families, the expectation of […]

today22/03/2022

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Kaya Biz: Does having a solar system at your home increase your property value?

Kaya 959 Reporter Does owning a solar system at your home increase the value of your property? South Africans have been experiencing ongoing power outages and many have been scrambling to find out what are the best alternatives to power generation. According to the Department of Energy, South Africa gets exposed to about 2,500 hours of sunshine per year, with average direct solar radiation levels ranging between 4.5 and 6.5 […]

today17/03/2022

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Kaya Biz: How to protect yourself from banks trying to auction your repossessed property

Kaya 959 Reporter Many South Africans find themselves in the unfortunate situation of not being able to pay for their properties, which as a result translates to the repossession of your property, an outcome of which is the auctioning of your home. There have been numerous court battles on the manner in which these homes are auctioned off, particularly how the consumers end up not being protected. The CEO of […]

today10/03/2022

minimum wage increase
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Kaya Biz: Are SA households financially ready for 20% Minimum Wage increase

By: Natasha Archary   Gugulethu Mfuphi talks about the new Minimum Wage increase for domestic workers which came into effect on 1 March.  Domestic workers can now expect a 20% salary increase. This means that domestic workers will for the first time be paid more than R20/hr.  Addressing the issue of financial affordability for households and small businesses that employ domestic workers, Kaya Biz broke down what the increase means […]

today02/03/2022

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Kaya Biz: Investing in macadamia nut farming in South Africa

Kaya 959 Reporter There is a growing interest in patient investors delving into macadamia nut farming. The crop is also in high demand, and there isn’t enough supply to meet this demand. Macadamias are very versatile and are widely used in the confectionery, baking, ice cream and snack food industries. Macadamia oil's rich, and smooth skin feel and high oxidative stability make it especially suitable for heavy creams and suncare […]

today01/03/2022

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Kaya Biz: Footwear Brand, ‘Vaya’ founder Themba Makamo shares his entreprenurial journey

Kaya 959 Reporter Every entreprenurial dream always has a begining and the story of the founder and chief executive of VAYA Footwear Themba Makamo, is one inspiring one. As someone who's always had a love for sneakers he took it upon himself to creat a much loved South African brand of sneaker that continues to grow in popularity. Makamo recently took time to share his journey on Kaya Biz's Ekasinommics […]

today25/02/2022

Enoch Godongwana
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Kaya Biz: Pre-Budget 2022 Roundtable: What are some of the prediction?

Kaya 959 Reporter As Finance Minister, Mr Enoch Godongwana, prepares to deliver his inaugural National Budget Speech on 23 February, he is faced with what can arguably be expected to be the most challenging budget speech of all time.  What are some of the predictions of what we will be part of his speech? Kaya Biz recently hosted a pre-budget roundtable discussion where they unpacked some of the key areas […]

today18/02/2022

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Privacy Policy

THIS PRIVACY STATEMENT FORMS PART OF KAYA 959’S TERMS OF USE POLICY. IF YOU DO NOT AGREE WITH ANY TERM OF THIS PRIVACY STATEMENT, YOU MUST CEASE YOUR ACCESS OF THIS WEBSITE IMMEDIATELY. 

POPIA Act – To promote the protection of personal information processed by public and private bodies; to introduce certain conditions so as to establish minimum requirements for the processing of personal information; to provide for the establishment of an Information Regulator to exercise certain powers and to perform certain duties and functions in terms of this Act and the Promotion of Access to Information Act, 2000; to provide for the issuing of codes of conduct; to provide for the rights of persons regarding unsolicited electronic communications and automated decision making; to regulate the flow of personal information across the borders of the Republic; and to provide for matters connected therewith.

RECOGNISING THAT—

  • section 14 of the Constitution of the Republic of South Africa, 1996, provides that everyone has the right to privacy;
  • the right to privacy includes a right to protection against the unlawful collection, retention, dissemination and use of personal information;
  • the State must respect, protect, promote and fulfil the rights in the Bill of Rights;

AND BEARING IN MIND THAT—

  • consonant with the constitutional values of democracy and openness, the need for economic and social progress, within the framework of the information society, requires the removal of unnecessary impediments to the free flow of information, including personal information;

AND IN ORDER TO—

  • regulate, in harmony with international standards, the processing of personal information by public and private bodies in a manner that gives effect to the right to privacy subject to justifiable limitations that are aimed at protecting other rights and important interests,
  1. Definitions and Interpretation

1.1.“Personal Information” means information relating to an identifiable, living, natural person and where it is applicable, identifiable, existing juristic person, including all information as defined in the Protection of Personal Information Act 4 of 2013. 

1.2  Parliament assented to POPIA on 19 November 2013. The commencement date of section 1, Part A of Chapter 5, section 112 and section 113 was 11 April 2014. The commencement date of the other sections was 1 July 2020 (with the exception of section 110 and 114(4). The President of South Africa has proclaimed the POPI commencement date to be 1 July 2020.

 
1.3. “Processing” means the creation, generation, communication, storage, destruction of personal information as more fully defined in the Protection of Personal Information Act 4 of 2013.  

1.4. “You” or the “user” means any person who accesses and browses this website for any purpose. 

1.4. “Website” means the website of the KAYA 959 at URL www.kaya959.co.za or such other URL as KAYA 959 may choose from time to time.   

  1. Status and Amendments

2.1. KAYA 959 respects your privacy. This privacy policy statement sets out KAYA 959’s information gathering and dissemination practices in respect of the Website. 

2.2. This Privacy Policy governs the processing of personal information provided to KAYA 959 through your use of the Website. 

2.3. Please note that, due to legal and other developments, KAYA 959 may amend these terms and conditions from time to time.  

  1. Processing of Personal Information

3.1. By providing your personal information to KAYA 959 you acknowledge that it has been collected directly from you and consent to its processing by KAYA 959. 

3.2. Where you submit Personal Information (such as name, address, telephone number and email address) via the website (e.g. through completing any online form) the following principles are observed in the processing of that information: 

3.2.1. KAYA 959 will only collect personal information for a purpose consistent with the purpose for which it is required. The specific purpose for which information is 
collected will be apparent from the context in which it is requested. 

3.2.2. KAYA 959 will only process personal information in a manner that is adequate, relevant and not excessive in the context of the purpose for which it is processed. 

3.2.3. Personal information will only be processed for a purpose compatible with that for which it was collected, unless you have agreed to an alternative purpose in writing or KAYA 959 is permitted in terms of national legislation of general application dealing primarily with the protection of personal information. 

3.2.4. KAYA 959 will keep records of all personal Information collected and the specific purpose for which it was collected for a period of 1 (one) year from the date on which it was last used. 

3.2.5. KAYA 959 will not disclose any personal information relating to you to any third party unless your prior written agreement is obtained or KAYA 959 is required to do so by law. 

3.2.6. If personal information is released with your consent KAYA 959 will retain a record of the information released, the third party to which it was released, the reason for the release and the date of release, for a period of 1 (one) year from the date on which it was last used. 

3.2.7. KAYA 959 will destroy or delete any personal information that is no longer needed by KAYA 959 for the purpose it was initially collected, or subsequently processed. 

3.3. Note that, as permitted by the Electronic Communications and Transactions Act 25 of 2002, KAYA 959 may use personal information collected to compile profiles for statistical purposes. No information contained in the profiles or statistics will be able to be linked to any specific user.    

  1. Collection of anonymous data

4.1. KAYA 959 may use standard technology to collect information about the use of this website. This technology is not able to identify individual users but simply allows KAYA 959 to collect statistics. 

4.2. KAYA 959 may utilise temporary or session cookies to keep track of users’ browsing habits. A cookie is a small file that is placed on your hard drive in order to keep a record of your interaction with this website and facilitate user convenience. 

4.2.1. Cookies by themselves will not be used to identify users personally but may be used to compile identified statistics relating to use of services offered or to provide KAYA 959 with feedback on the performance of this website. 

4.2.2. The following classes of information may be collected in respect of users who have enabled cookies: 

4.2.2.1. The browser software used; 

4.2.2.2. IP address; 

4.2.2.3. Date and time of activities while visiting the website; 

4.2.2.4. URLs of internal pages visited; and 

4.2.2.5. referrers. 

4.3. If you do not wish cookies to be employed to customize your interaction with this website it is possible to alter the manner in which your browser handles cookies. Please note that, if this is done, certain services on this website may not be available. 

  1. Security

5.1. KAYA 959 takes reasonable measures to ensure the security and integrity of information submitted to or collected by this website, but cannot under any circumstances be held liable for any loss or other damage sustained by you as a result of unlawful access to or dissemination of any personal information by a third party. 

  1. Links to other websites

6.1. KAYA 959 has no control over and accepts no responsibility for the privacy practices of any third party websites to which hyperlinks may have been provided and KAYA 959 strongly recommends that you review the privacy policy of any website you visit before using it further. 

  1. Queries

7.1. If you have any queries about this privacy policy please contact us by emailing [email protected]