Radio 2000
Radio 2000 Mixes
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Episodes
Nerina Visser ,looks at the impact of low commodity prices and what this means 13.04.2016 5:59
1. The IMF has once again lowered the economic growth outlook, not just for South Africa, but for most of the world. And yet despite this, markets are rallying strongly. How do you explain this? 2. The impact of the very low commodity prices over the last year is clearly evident from the Q1 earnings report released by Alcoa yesterday. This traditionally kicks off the earnings season in the US. Is...
Motsoeneng issues stern warning to SABC journalists 13.04.2016 3:58
Communications Minister Faith Muthambi says the proposed funding model for the SABC will be finalised soon. Muthambi was responding to questions from members of the Communications Committee in Parliament after the SABC and various entities under her department, presented their budgets and strategic plans to the committee. The SABC also faced questions about the upcoming election coverage of politi...
Clive Ramathibela on Tech stocks flying too high? 12.04.2016 6:19
1. Asian Stocks Advance as Japan's Topix Gains With Retreat of Yen 2. Emerging-Market Assets Advance for Fourth Day on Dollar Weakness 3. Tech stocks: Flying too high?
Prices in global commodity markets will continue to affect Sub-Saharan Africa 12.04.2016 3:51
The World Bank has warned that countries in Sub-Saharan Africa will continue to face low and volatile prices in global commodity markets. It says different African governments must take steps to adjust to a new lower level of commodity prices and develop new sources of sustainable and inclusive growth. It however says to do this, they need better institutions for effective planning and co-ordinati...
Former President Thabo Mbeki dismisses claims he introduced Gupta family to Zuma 12.04.2016 6:38
Former president Thabo Mbeki has dismissed claims that introduced the Gupta family to President Jacob Zuma. In a statement released by the Thabo Mbeki Foundation Mbeki, it rejected reports that a member of the Gupta family served as an economic advisor to then-president Mbeki. For more Bongi Gwala spoke to Thabo Mbeki Foundation Mukoni Ratshitanga
Gupta family business employees face an uncertain future 12.04.2016 2:49
While The CEO of the Gupta-owned Oakbay Resources, Nazeem Howa, says he plans to challenge bank CEOs for closing the company's accounts, thousands of employees working under for the Gupta family business face an uncertain future. Tshepo Mongoai reports
Future of Oakbay after four banks desert them 12.04.2016 6:07
Oakbay Investments, will this week embark on a campaign to restore relations with South Africa's major banks. Last week the company owned by the Gupta family, has had a misfortune of being deserted by four banks in South Africa. There has also been a lot of controversy about the whereabout of the Gupta brothers after they resigned from their positions at Oakbay Resources on Friday. Bongi Gwala spo...
COPE withdraws from parliamentary activities 12.04.2016 6:48
Congress of the People (COPE) has withdrawn from parliamentary activities. This follows a meeting of the party's Congress Executive Committee in Johannesburg yesterday to consider the recent Constitutional Court judgment on President Jacob Zuma's Nkandla home. For more Bongi Gwala spoke to COPE president Mosiuoa Lekota
Nerina Visser, Strategist at ETF SA on economic news and market update 12.04.2016 6:14
1. The Rand has put in a very strong showing over the last few days. What is the reason for this strengthening trend? 2. Does this also explain the strength in commodity prices? Both precious metals and oil prices have increased quite a bit. 3. This change of fortune for gold comes at the same time as a wage settlement between AMCU and Sibanye was announced. Is this a good thing for the beleaguere...
Police recover bodies of three illegal miners 12.04.2016 1:29
Police at Welkom in the Free State have recovered the bodies of 3 illegal miners, also known as zama-zamas, from Harmony Mine's Eland shaft. They are believed to have inhaled methane gas underground. Police have also recovered food and beverages worth of a million rand at a house in Welkom. The food was destined for a mine shaft occupied by illegal miners. These pre-packaged food parcels get wrapp...
Faith leaders forgive President Jacob Zuma 12.04.2016 2:48
Faith leaders from different religious denominations have accepted President Jacob Zuma's apology following the Constitutional Court judgement. Members of the National Interfaith Council of South Africa - NICSA say faith leaders must promote reconciliation and that President Zuma's apology must be seen as essential element of that process. These faith leaders are drawn from Christianity, Islam, Hi...
Grain SA calls for a reduction in the price of bread 11.04.2016 4:04
Grain SA has called for a reduction in the price of bread. This follows the announcement of a 34 percent increase in import duty on wheat by the National Treasury. Grain SA says the price of bread should actually have decreased since last December. For more Bongi Gwala spoke to CEO of Grain SA, Jannie de Villiers
IEC on final registration weekend 11.04.2016 3:36
Co-operative Governance Minister Des Van Rooyen has condemned the violence reported at some voter registration stations over the weekend. The final day of registration for the municipal elections began with glitches as protests flared up in parts of the country. Bongi Gwala spoke to the Chief Electoral Officer at IEC , Mosotho Moepya
Clive Ramathibela on AMCU accepting Sibanye Gold's news wage offer 11.04.2016 5:26
1. Most Asian stocks fell, as losses in Japanese equities on a stronger yen offset gains in Chinese shares 2. Emerging-market currencies rose for a third day as speculation oil producers will agree to limit output pushed up prices for the commodity 3. South Africa's AMCU union accepts Sibanye Gold new wage offer
Hotel and Tourism staff in training to tackle child sex tourism 11.04.2016 5:40
Hotel and tourism staff would now be able to tackle the problem of child sex tourism. Molo Songololo and Fair Trade Tourism is training the staff on how to spot potential child abusers. To explain further Bongi Gwala spoke to the Regional development manager of Fair Trade Tourism, Netsai Sibanda
Chris Hani remembered 11.04.2016 4:54
ANC Secretary General, Gwede Mantashe says the late SACP leader Chris Hani will be at the heart of the battle to save the ANC from self-destruction. He was speaking at an event to commemorate the 23rd of Hani's death. The event was attended by both members of the ANC alliance partners the ANC, Cosatu, the SACP and Sanco. Mantashe says Hani will be disappointed to see the ANC faced with so many cha...
Five people arrested in connection with a massacre of six family members 11.04.2016 2:15
Five people have been arrested in connection with a massacre of six family members in Ceza near uLundi in northern KwaZulu-Natal. The incident has shocked the community. Earlier this year, the area saw another killing of six people allegedly over the selling of cattle. Locals say they believe the latest incident was also linked to cattle theft. Vusi Khumalo visited the area and filed this report.....
Vuwani residents continue their protest over newly-demarcated municipality 11.04.2016 2:58
Protesters have set alight two houses belonging to a community leader in Masakona village outside Vuwani in Limpopo. This comes after protesting residents accused him of being in favour of a newly-demarcated municipality that will see the merger of Vuwani and Malamulele. Forty-three out of 57 voter's registration centres were opened in LIM-345, the interim name for Malamulele and Vuwani. Witness T...
PIKITUP strike finally over 11.04.2016 3:34
Waste management company Pikitup confirms that the strike is finally over. The commission for conciliation, mediation and arbitration CCMA has also confirmed that it successfully facilitated the settlement agreement. All parties involved are committed to quickly dealing with the waste backlog. Bongi Gwala spoke to Pikitup's Spokesperson Jacky Mashapu....
Nerina Visser , Strategist at ETF SA on economic news and market updates 11.04.2016 5:21
1. Credit ratings agencies and the threat of a potential downgrade for South Africa remain in the headlines, thanks to widely-reported comments by S&P last week. What were the main messages from them? 2. You speak of rising debt-servicing costs in the event of a sovereign credit rating downgrade. How significant then is the announcement that came out on Friday that Treasury had successfully placed...
Deputy president Cyril Ramaphosa takes a swipe at religious leaders 11.04.2016 3:43
Deputy president Cyril Ramaphosa has taken a swipe at religious leaders who are criticising government, saying they should rather pray for the government. This week a delegation of church leaders refused to back down over calls for President Jacob Zuma to resign following the Nkandla scandal. Ramaphosa addressed a church service at Mahwelereng in Limpopo. He was in the area to encourage people to...
Public protector appears parliament Constitutional Court ruling 08.04.2016 3:38
The Public Protector has appeared before parliament for the first time after the Constitutional Court ruling that confirmed that her remedial actions are binding. Last year she received a hostile reception at the committee, especially from ANC members. Today opposition parties demanded that the committee apologise to her. But the ANC was adamant there was no need to apologise. Joseph Mosia reports...
Traditional leaders meet with President Jacob Zuma 08.04.2016 2:52
Traditional leaders say they have partnered with different universities in the continent and abroad to ensure that all cultural practices are consistent with the constitution. This came out in their meeting with President Jacob Zuma in Pretoria, yesterday. The meeting was called to discuss the president's address to the National House of Traditional Leaders earlier this year. Ntebo Mokobo reports.
Vantage Gold Fields placed under business rescue 08.04.2016 2:04
Vantage Gold Fields that owns Lily gold mine in Lows Creek near Barberton has been placed under business rescue. Vantage Gold Fields has been struggling to source funds to assist to drill a new shaft at Lilly gold mine that will help gain access to where its three workers have been trapped two months ago, following a collapse. Vusi Twala reports…
Cosatu calls City of Jo'burg Municipal Manager to intervene in Pikitup dispute 08.04.2016 2:04
Trade union, Cosatu, has called on the City of Johanneburg's Municipal Manager to intervene in the Pikitup strike. More than 4-thousand SAMWU members downed tools five weeks ago demanding parity pay and the resignation of MD Amanda Nair amongst other things. Noma Bolani reports...
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