12 March 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 including the strike at Exxaro gaining momentum, Cosatu discussing a minimum wage of four thousand five hundred Rand, the auditor general’s audited findings and Telkom offering severance packages to workers. Glenn Lewington also conducted in-depth interviews with the people making the news: Lyndy van den Barselaar, Managing Director at Manpower Group South Africa on the Global and South African Manpower Employment Outlook Survey; Pavle Sabic, Middle East and North America Solutions Architect at S&P Capital IQ on trends in mergers and acquisitions and CEOs Johan Vorster of Clover, Werner de Jager of Cashbuild, Alan Coward of Amalgamated Appliance Holdings, Asher Bohbot of EOH, and Pieter van Zyl of York Timber on their companies' financial results. Market Analyst for the evening Hein Kruger, Managing Director at Kruger International provided commentary on Cosatu calling for minimum wage across all industries, a general discussion on markets and results, the performance of the Rand and the possibility that the State may up fuel stock requirements. In the second half of the programme at 18h30, Glenn chaired a one-hour discussion on the weekly topic, namely the South African Automotive Industry with guests Rudolf Mahoney, Spokesman at Wesbank; Chris Hart, Chief Economist at Investment Solutions; Matt Gennrich, General Manager for Communications at Volkswagen Group South Africa with commentary from Steven Sutherland, Sales Director for Africa at Mix Telematics; and Gary Ronald, Spokesman at the Automobile Association.

PROGRAMME LINEUP

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Segment 1 - 14: FULL PROGRAMME

DOWNLOAD AND LISTEN TO PODCAST OF THE FULL PROGRAMME HERE

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Segment 1:

Business and Financial News

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Segment 2:

Report on the Exxaro Strike Gaining Momentum

Reporter:

Glenn Lewington

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 3:

Global and South African Manpower Employment Outlook Survey

Guest:

Lyndy van den Barselaar
Managing Director
Manpower Group South Africa

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 4:

Report on the Congress of South African Trade Unions (Cosatu) Discussing a Minimum Wage of Four Thousand and Five Hundred Rand

Reporter:

Glenn Lewington 

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 5:

Clover Interim Financial Results

Guest:

Johan Vorster
CEO
Clover

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Segment 6:

Cashbuild Interim Financial Results

Guest:

Werner de Jager
CEO
Cashbuild

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 7:

Telkom Offers Severance Packages to Workers

Reporter:

Mosehla Gwangwa

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 8:

Amalgamated Appliance Holdings Interim Financial Results

Guest:

Alan Coward
CEO
Amalgamated Appliance Holdings

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 9:

Report on the Auditor General's Findings on the Government's Audit

Reporter:

Glenn Lewington 

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 10:

EOH Interim Financial Results

Guest:

Asher Bohbot
CEO
EOH

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 11:

York Timber Interim Results

Guest:

Pieter Van Zyl
CEO
York Timber

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 12:

Trends in Mergers and Acquisitions

Guest:

Pavle Sabic
Middle East and North America Solutions Architect
S&P Capital IQ

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 13:

Commentary on Cosatu Calling for Minimum Wage Across All Industries, a General Discussion on Markets and Results, the Performance of the Rand and the Possibility that the State May Up Fuel Stock Requirements

Commentator:

Hein Kruger
Managing Director
Kruger International

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 14:

South Africa's Automotive Industry

Guests (panel discussion):

Rudolf Mahoney
Spokesman
Wesbank

Chris Hart
Chief Economist
Investment Solutions

Matt Gennrich
General Manager for Communications
Volkswagen Group South Africa

Commentators:

Steven Sutherland
Sales Director for Africa
Mix Telematics

Gary Ronald
Spokesman
Automobile Association (AA)

DOWNLOAD AND LISTEN TO PODCAST HERE

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On Air
00:00 - 07:00

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