12 February 2013, Tuesday

In this edition of Classic Business at 18h00, Glenn Lewington broadcast the business and economic news of the day followed by up-to-date financial indicators, and the Classic Business and News teams reported on the day’s news. Glenn Lewington also conducted in-depth interviews with the people making the news: Erik Venter, CEO of Comair on the speculation behind the South African Airways suspension growing and Comair’s interim results and interim cash dividend declaration; Paul Berkowitz, Local Government Specialist at Citidex, a Division of Empowerdex on less than 50% of municipalities receiving unqualified audits for the past financial year; Norman Mbazima, CEO of Kumba Iron Ore on their full-year results; Craig Barnes, Chief Financial Officer at DRD Gold on their quarterly results; Dave Hodnet, Chief Financial Officer at Absa on their annual financial results; Edward Kieswetter, Group CEO of Alexander Forbes on the Benefits Barometer; Dr Hennie de Klerk, CEO of the Southern African Institute of Steel Construction on ArcelorMittal being out of production after a fire gutted operations; and Mike Schussler, Chief Economist at Economists.co.za on the January BankservAfrica Economic Transaction Index. Market Analyst for the evening Francois du Plessis, Director at Vega Capital provided commentary on the Rand being weakened by a North Korean nuclear test and company results from the Absa and Super Groups, and Comair. In the second half of the programme at 18h30, Glenn chaired a one-hour discussion on the weekly topic, namely "The State of the Nation" with guests Professor Geoffrey Setswe, Head of Health Sciences at Monash University; Mannie Hirsch, Chairman of the Gestalt Group; Dr Felicity Coughlan, Head of the Independent Institute of Education; and Troye Lundt, Journalist at the Financial Mail with commentary by Nazeer Essop, Public Sector Leader at Deloitte.

PROGRAMME LINEUP

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Segment 1 - 11: FULL PROGRAMME

DOWNLOAD AND LISTEN TO PODCAST OF THE FULL PROGRAMME HERE

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Segment 1:

Business and Financial News

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 2:

Speculation Behind the South African Airways (SAA) Suspension Grows and Comair Unaudited Interim Results and Interim Cash Dividend Declaration

Guest:

Erik Venter
CEO
Comair

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 3:

Less than 50% of Municipalities Received Unqualified Audits for the Past Financial Year

Guest:

Paul Berkowitz
Local Government Specialist
Citidex, a Division of Empowerdex

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 4:

Kumba Iron Ore Full-year Results

Guest:

Norman Mbazima
CEO
Kumba Iron Ore

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 5:

DRD Gold Quarterly Results

Guest:

Craig Barnes
Chief Financial Officer
DRD Gold

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 6:

Absa 2012 Annual Financial Results

Reporter:

Mosehla Gwangwa

Guest:

Dave Hodnet
Chief Financial Officer
Absa

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 7:

Alexander Forbes Benefits Barometer

Guest:

Edward Kieswetter
Group CEO
Alexander Forbes

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 8:

ArcelorMittal Out of Production After Fire Guts Operations

Guest:

Dr Hennie de Klerk
CEO
Southern African Institute of Steel Construction (SAISC)

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 9:

January BankservAfrica Economic Transaction Index (BETI)

Guest:

Dr Hennie de Klerk
CEO
Southern African Institute of Steel Construction (SAISC)

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 10:

Commentary on the Rand Weakening Due to a North Korean Nuclear Test and Company Results from the Absa and Super Groups, and Comair

Commentator:

Francois du Plessis
Director
Vega Capital

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 11:

The State of the Nation

Guests (panel discussion):

Professor Geoffrey Setswe
Head of Health Sciences
Monash University

Mannie Hirsch
Chairman
Gestalt Group

Dr Felicity Coughlan
Head
Independent Institute of Education (IIE)

Troye Lundt
Journalist
Financial Mail

Commentator:

Nazeer Essop
Public Sector Leader
Deloitte

DOWNLOAD AND LISTEN TO PODCAST HERE
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On Air
00:00 - 07:00

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