13 March 2013, Wednesday

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 BHP Billiton facing corruption probe, Gold Fields confirming probe into Black Economic Empowerment deals and the Square Kilometer Array securing a new technology deal. Glenn Lewington also conducted in-depth interviews with the people making the news: Hilary Joffe, Spokesperson for Eskom on municipalities possibly facing electricity shut-offs; Neren Rau, CEO of the South African Chamber of Commerce and Industry on their February Trade Conditions Survey; Professor Deon Harold Tustin, Main Author of the Bureau of Market Research Report at the University of South Africa on the January retail sales and the retail sales forecast for South Africa 2013; Brad Gillis, CEO of BankservAfrica on their February Economic Transaction Index; Chris Venter, CEO of Afgri on their interim financial results; AJ van Nieuwenhuizen, Director and Head of Tax at Grant Thornton on price fixing across Africa; and Anthea Jeffery, Researcher at the South African Institute of Race Relations on the new mining bill’s potential to harm South Africa’s investment attractiveness. Market Analyst for the evening Bruce Main, Director at Ivy Asset Management provided commentary on the depreciation of the Rand and the adoption of the National Development Plan. 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 Wayne Duvenage, Chairman of the Opposition to Urban Tolling Alliance; Jeff Osborne, CEO of the Retail Motor Industry Organisation; and Ian Ollis, Member of Parliament, and Shadow Minister of Transport at the Democratic Alliance with commentary from Independent Markets Analyst, Ian Cruickshanks; and Gavin Maile, Director of Industrials, Automotive, and Construction at KPMG.

PROGRAMME LINEUP

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Segment 1 - 13: 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:

Municipalities Could Face Electricity Shut-offs

Guest:

Hilary Joffe
Spokesperson
Eskom

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 3:

South African Chamber of Commerce and Industry (SACCI) February Trade Conditions Survey

Guest:

Neren Rau
CEO
SACCI

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 4:

January Retail Sales and Retail Trade Sales Forecast for South Africa for 2013

Guest:

Professor Deon Harold Tustin
Main Author of the Bureau of Market Research Report
University of South Africa (UNISA)

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 5:

February Bankserv Economic Transaction Index (BETI)

Guest:

Brad Gillis
CEO
BankservAfrica

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 6:

Afgri Interim Financial Results

Guest:

Chris Venter
CEO
Afgri

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 7:

Report on BHP Billiton Facing Corruption Probe

Reporter:

Jonathan Adams

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Segment 8:

Report on Gold Fields Confirming Probe Into Black Economic Empowerment Deals

Reporter:

Glenn Lewington

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Segment 9:

New Mining Bill Could Harm South Africa's Investment Attractiveness

Guest:

Anthea Jeffery
Researcher
South African Institute of Race Relations (SAIRR)

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 10:

Square Kilometer Array (SKA) Secures New Technology Deal

Reporter:

Lee Kern

Guest:

Jasper Horrel
General Manager of Science Computing and Innovation
SKA South Africa

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 11:

Transfer Pricing Across Africa

Guest:

AJ van Nieuwenhuizen
Director and Head of Tax
Grant Thornton

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 12:

Commentary on the Depreciation of the Rand and the Adoption of the National Development Plan

Commentator:

Bruce Main
Director
Ivy Asset Management

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 13:

South Africa's Automotive Industry

Guests (panel discussion):

Wayne Duvenage
Chairman
Opposition to Urban Tolling Alliance (OUTA)

Jeff Osborne
CEO
Retail Motor Industry Organisation (RMI)

Ian Ollis
Member of Parliament, and
Shadow Minister of Transport at the Democratic Alliance (DA)

Commentators:

Ian Cruickshanks
Independent Analyst

Gavin Maile
Director of Industrials, Automotive, and Construction
KPMG

DOWNLOAD AND LISTEN TO PODCAST HERE

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On Air: 00:00 - 05:30
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No Presenter

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13 March 2013, Wednesday

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