Ubuntu Budgie 20.04 kazam not recognizing the speakers and microphone

On my laptop (Lenovo E330) running Ubuntu Budgie 20.04 (minimal installation) I installed kazam manually with sudo apt-get install kazaam -y. I can make screencasts but the laptops speakers and microphone is not recognized:


How can I fix this? Is there an alternative screencast tool which is known to work more reliably out of the box?

I’d prefer a more lightweight solution usually but obs-studio is working just fine.