Radio 2000
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Episodes
PRASA chair of board Popo Molefe says they did NOT approve Letsoalo salary hike 28.02.2017 5:04
Passenger Rail Agency Prasa's board has terminated the contract of Acting Group Executive Chief Officer Collins Letsoalo with immediate effect. Letsoalo will return to the Transport Department, where he worked before being seconded to Prasa. The board says it views the controversy over the Acting GCEO's remuneration package in a dim light. Weekend newspapers reported that Letsoala had hiked his sa...
Bible College declared bogus by Department of Higher Education 28.02.2017 5:02
The Department of Higher Education and Training says the Back To The Bible Training College in Mpumalanga is a bogus college as it is not registered with the Department as a private Higher Education Institution. The Department has since opened a case against the college in an attempt to close it down. This will affect the hundreds of students from various African countries, wishing to become pasto...
Nadir Thokan looks at Anglo decision to reverse sales 27.02.2017 8:25
1. What do we make of Anglo's decision to reverse asset sales 2. Where to from here for finding value in equities and some of the benefits of the new taxes announced in the budget. Sakina Kamwendo speaks to Nadir Thokan of 27 four investment managers.
SACP believes focus should shift to highlight plight of South African majority 27.02.2017 7:12
The SACP has described President Jacob Zuma's new notion of radical economic transformation as nothing but rhetoric meant to further enrich the elite. SACP general secretary Blade Nzimande says the term is the same as constant references to "white monopoly capital". He asked whether the lives of the black majority would change for the better if there was "black monopoly capital". The ANC has repea...
Maine calls for removal of Gordhan from Treasury 27.02.2017 3:09
President Jacob Zuma has concurred with a call by the ANCYL that the leadership of the ANC should also reflect young people. Zuma was addressing the ANCYL KwaZulu-Natal Provincial conference underway in Durban. Meanwhile ANCYL President Collin Maine called on President Jacob Zuma to remove Finance Minister Pravin Gordhan - accusing him of being a stumbling block on radical economic transformation....
Collins Letsoalo accused of deepening PRASA financial woes 27.02.2017 5:48
The man who was asked to go resuscitate PRASA from its financial woes is now being accused of giving himself a 350 percent salary increase. Collins Letsoalo, the former CEO of the Road Traffic Management Corporation (RTMC) resigned from the Corporation amidst allegations of death threats against his life. Sakina Kamwendo speaks to Lillian Mofokeng for more.
Maudi Len-tsoane looks at Asian markets 27.02.2017 3:36
1. Japan leads Asian markets lower as investors await U.S. economic news 2. Rand trading slightly weaker however still below R13.00. Sakina Kamwendo speaks to Maudi Len-tsoane, group CEO at Lehumo Investments for more.
Molefe believes black owned banks important in development of Africans 27.02.2017 3:36
Former Eskom CEO, Brian Molefe's swearing in, in Parliament continues to be at the epicenter of public debate. While the dark cloud continues to loom over his head following his implication in the Former Public Protector, Thuli Madonsela's, State of Capture Report, there is speculation that Molefe might replace Gordhan as Minister of Finance. Patrick Dintwa reports...
Market Analyst Clive Ramathibela looks at Eskom tariff raise 24.02.2017 5:17
1. Markets in Asia were mostly lower in morning trade early morning 2. Tesla's 'close to the edge' cash foretells capital raise 3. South African regulator allows Eskom to raise tariffs by 2 percent in 2017/18. Sakina Kamendo speaks to Market Analyst Clive Ramathibela for more.
Manisha Morar looks at producer inflation & fuel price change 24.02.2017 4:20
1. Producer inflation came out yesterday, and much softer than was expected 2. What does all this mean for interest rates? 3. The Department of Energy is today scheduled to announce the fuel price change for March. What can we expect? Sakina Kamwendo speaks to Manisha Morar, Economist at ETM Analytics, for more.
MPs display lack of faith in Muthambi's leadership 24.02.2017 4:33
A proposed recommendation for action to be taken against Communications Minister Faith Muthambi generated an intense debate in the Ad Hoc Committee probing the affairs of the SABC. One of the observations was that Muthambi may have interfered in the operations of the SABC. There was general consensus that the Ethics Committee investigate Muthambi's conduct and for the matter to be referred to the...
Martin Creamer discusses new national rail strategy 24.02.2017 7:24
1. An investment of billions of rands is on the cards for the deep Mponeng gold mine on the Far West Rand 2. Discussions are under way between Germany and South Africa for the introduction of fuel cell buses 3.A new national rail strategy is being drafted to give direction to the underperforming rail sector. Sakina Kamwendo speaks to Martin Creamer, Publishing Editor of Engineering News and Mining...
Gordhan emphasises need for economic stability in 2017 Budget Speech 23.02.2017 4:23
Finance Minister Pravin Gordhan has tabled the 2017/2018 budget with a total expenditure of 1. 56 trillion rand. His message was very clear - the country is once again at a crossroads, and tough choices have to be made. Lulama Matya reports…
Constitutional Court rules that withdrawal from ICC unconstitutional 23.02.2017 4:32
Government says it will study the Pretoria High Court's judgement before deciding on a course of action. The court yesterday set aside Pretoria's decision taken in October last year to withdraw from the international criminal court on the grounds that the move was invalid and unconstitutional. The application to set aside the decision was brought by the Democratic Alliance. The party argued that J...
Clive Ramathibela speaks about increase in tax for high earners 23.02.2017 4:18
1. South Africa will target high earners with a new personal income tax 2. Markets in Asia traded mostly lower on Thursday, following a mixed close in U.S. equities overnight as minutes from the Federal Reserve's previous meeting hinted that a rate hike is coming "fairly soon." Sakina Kawendo speaks to Market Analyst, Clive Ramathibela.
Manisha Morar gives post analysis of 2017 Budget speech 23.02.2017 4:37
1. What are your overall thoughts? 2. What were the key highlights and what stood out for you? 3. What do you think the ratings agencies make of the budget? Sakina Kamwendo spoke to Manisha Morar, Economist at ETM Analytics, for more.
DISABILITY FORUM 220217 22.02.2017 8:08
Kazi uBussai ukhambisana nesithekeli sakhe esingu Sfiso Mkhasibe, obuya ehlanganweni ekuthiwa yi South African Federation for Mental Health, bakhuluma ngesihloko esithi Intellectual Disability Awareness month.
Worry looms over South Africans over fear in tax increases in Budget Speech 22.02.2017 3:15
Today marks the day on which the Minister of Finance, Pravin Gordhan, is set to deliver his much anticipated Budget speech. Speculations are that there will be likelihood of increases in taxation. Sakina Kamwendo spoke to Equity Analyst from Effectus Capital Management, Lungile Malinga, to share more.
Clive Ramathibela looks at weakening of the Rand 22.02.2017 3:18
1. Markets in Asia traded mixed on Wednesday, despite U.S. gains, as investors await policy details from the Trump administration on tax reforms and deregulation 2. South Africa's rand weakens, Shoprite tops stocks index. Sakina Kamwendo speaks to Market Analyst, Clive Ramathibela, for more.
Manisha Morar suspects higher VAT rate in Budget Speech 22.02.2017 4:55
1. Budget Day is finally here. There is a lot of talk about government needing to raise revenue. How could this be achieved? 2. Could you talk us through some of the expenditure considerations as the finance minister deliver his budget speech later today? 3. Anything else we should be on the lookout for? Sakina Kamwendo speaks to Manisha Morar, Economist at ETM Analytics for more.
ANC Haartebees branch offers conflicting views of Molefe membership 22.02.2017 8:18
Former Eskom CEO is at the epicenter of controversy yet again after the announcement that he would be appointed as a member of Parliament. The decision by the North-West ANC executive has split the Haartebees branch. While branch chairperson, Bethuel Mmutle, produced two membership forms as proof that Molefe was a member, another faction led by Christina Malula desputed that. Sakina Kamwendo speak...
Clive Ramathibela looks at Asian markets and Citi Bank is to pay R69m penelty 21.02.2017 1:56
Market Analyst, Clive Ramathibela looks at Asian markets in positive territory as the US celebrates President's day and Citi Bank is to pay R69 million penalty to the competition commission
30 year old Limpopo accuses Limpopo Health of medical malpractice and negligence 21.02.2017 11:52
A 30 year old SAfm listener Philikis Mariba from Kgobokwane Limpopo, is accusing a government hospital and the MEC of Health in the province Dr Phophi Ramathuba, of medical malpractice and negligence. He says he has been living with a foreign hazardous object in his left eye after undergoing a procedure to stitch his lacerated left eyeball at Mankweng hospital in 2014. Mr Mariba says he was sent t...
Economist Manisha Morar looks at SARB's leading indicator data and PMI 21.02.2017 4:10
Manisha Morar, Economist at ETM Analytics looks the release of the SARB's leading indicator data, the release of PMI data out of the developed markets and What is the 2017 global growth outlook looking like?
Clive Ramathibela looks at Asian Markets 20.02.2017 8:45
1. Asian markets opened mostly lower on Monday, as investors await further details from President Donald Trump on his economic policies, including tax reforms 2. Pressure mounts ahead of the Budget Speech with the political rumours concerning investors 3. South Africa's rand slides as dollar rebounds. Sakina Kamwendo speaks to Market Analyst, Clive Ramathibela.
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