Metair calls for urgent intervention at Durban Port & The Business of Classical Music

 

Stephen Grootes speaks to Paul O’Flaherty, CEO of Metair, about the growing crisis at the Port of Durban and the impact on South Africa’s automotive manufacturing industry. Metair says delays at the Durban Gateway Terminal are approaching 20 days, disrupting the arrival of vehicle components and raw materials, forcing the company to spend heavily on air freight and additional trucking. The group estimates these unrecoverable costs could reach 20% to 25% of its previous year's EBITDA, with meaningful improvement at the port not expected before the end of the first quarter of 2027. 

In other interviews, Sue Cock, Music Director and Conductor of the Symphony Choir of Johannesburg, about the enduring appeal of classical music and how the industry is evolving. From the history and traditions of classical music to the growing range of live performances, smaller ensembles and changing audience tastes, is classical music finding new ways to remain relevant in a world where almost any musical performance is available at the touch of a button?

The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.   

 

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