Zuko Komisa Image | Adobe Stock In January, inflation increased to 3.2% year-over-year from 3.0% in December, which was below the 3.3% economists had predicted but still well within the 3%–6% range set by the South African Reserve Bank. Kaya Biz spoke to Patrick Kelly, Chief Director for Price Statistics at STATS SA. Listen to the conversation here: In January, annual core inflation—which excludes volatile goods like food and energy—came […]
Zuko Komisa Image: @StellenboschUni on X The governor of the South African Reserve Bank (SARB), Lesetja Kganyago, was unanimously elected to serve as the chancellor of Stellenbosch University (SU) on Friday. He will be taking over the position from Justice Edwin Cameron whose term ended in December 2024. Kganyago reportedly began his five-year term as chancellor on Friday, 24 January. “Tertiary institutions have always played a pivotal role in shaping […]
By: Natasha Archary Image: Supplied The South African Reserve Bank (SARB) has seized more than R60 million in assets from the alleged former mistress of Markus Jooste, Berdine Odendaal. This follows Jooste's apparent death by suicide on 21 March, after he was slapped with a R475 million penalty by the Financial Sector Conduct Authority (FSCA) for manipulating the markets. https://www.kaya959.co.za/lineup/959-breakfast/markus-jooste-dead-by-apparent-suicide/ The 63-year-old allegedly inflated Steinhoff International’s profits by over R100 […]
Zuko Komisa Image: SA Reserve Bank The repo rate is unchanged at 8.25%. The Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB) has decided to maintain the repurchase rate, or repo rate, at 8.25%, with unanimous consent, according to Governor Lesetja Kganyago of the bank. https://www.kaya959.co.za/news/president-ramaphosa-has-reappointed-lesetja-kganyago-as-sarb-governor/ Also Read: EFF supports DA’s call for Motion of No Confidence in Mapisa-Nqakula Arthur Kamp, Sanlam Investments Chief Economist joins Gugulethu […]
Zuko Komisa Image | @KganyagoLesetja /X President Ramaphosa has reappointed Lesetja Kganyago as SARB governor. Lesetja Kganyago has been reappointed as the Governor of the South African Reserve Bank (SARB) by President Cyril Ramaphosa for a five-year term. According to the release, Dr. Mampho Modise was appointed as Deputy Governor when Kuben Naidoo's term as Deputy Governor came to an end. The reappointment is scheduled to begin in November of […]
By: Natasha Archary Image: SARB Kuben Naidoo, Deputy Governor of the South African Reserve Bank (SARB) has tendered his resignation to President Cyril Ramaphosa. Naidoo, was on his second 5-year contract which was only due to end in March 2025. Dr Azar Jammine, Director and Chief Economist at Econometrix told Gugulethu Mfuphi on Kaya Biz that he was not surprised with Naidoo's decision to resign. "Am I surprised by Kuben […]
Zuko Komisa Image | @SAReserveBank / Twitter ATM slams SARB's findings into Phala Phala calling it a cover-up for Ramaphosa. Lesetja Kganyago, governor of the South African Reserve Bank (Sarb), defended the bank's Phala Phala probe, claiming they did so without fear or favor. Ramaphosa and his Phala Phala farm were given a free pass by Kganyago and the reserve bank, according to MPs in the Standing Committee on Finance, […]
By: Natasha Archary Image | @EFFSouthAfrica /Twitter The Economic Freedom Fighters (EFF) has rejected SARB's (South African Reserve Bank) Phala Phala findings, saying the bank was "abused" to exonerate President Cyril Ramaphosa. In a statement issued on Monday, 21 August, shortly after SARB released its findings from an investigation into alleged transgressions at Phala Phala, the EFF said it rejected the "nonsensical findings". "In their pathetic and poor attempt to […]
By: Natasha Archary The South African Reserve Bank (SARB) has finalised its investigation and report into the Phala Phala matter, concluding that President Cyril Ramaphosa is clear of any wrongdoings. SARB concluded its Phala Phala investigation on 14 August, which was done in two phases. The initial phase involved a consideration of internal information and databases, and the analysis of cross-border foreign exchange transactions over the relevant period. This was […]
The Jazz Standard with Brenda Sisane. Sunday's 12:00-15:00.
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WITH XOLA DLWATI: SATURDAYS 12:00 -15:00 Spade of Hearts is a fuse of love and soulful sounds, pulling at your heartstrings. Tune in for songs that will take you down memory lane. It is the sound that once dominated your playlist. It airs Sundays 12:00 – 15:00.
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The World Show is informative, expansive, and largely pan-African. This is a musical journey that bridges generations and genres, travelling across continents and timelines, with in-depth interviews and features. ‘The World Show’ is a four-hour global journey through sound – featuring the freshest tracks from home and afar.
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Real. Familiar. Memorable. Kaya 959 brings you the music you know and love from our playlist. Uninterrupted. Thursdays 20h00 to 21h00
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He has held it down in the world of mid-morning radio with the best music, riveting topics, brilliant mixes and interesting guests. Every weekday, The Best T proves why he is the BEST by connecting to you like only your bro or favourite uncle could. He lets his listeners dictate the songs they want to hear in the ever-popular Top 10 at 10, and his Three Teaspoons never run out. Catch The Best T in the City Mondays to Fridays from 09h00 to 12h00.
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Feel good about feeling good! That's exactly what The Feel-Good show is about. An escape from the negativity that surrounds us, indulging you in good feels. Pass it on to one and all. Spread the good feeling around Gauteng with Andy Maqondwana.
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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—
AND BEARING IN MIND THAT—
AND IN ORDER TO—
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.
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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.
7.1. If you have any queries about this privacy policy please contact us by emailing [email protected]
