14 March 2013, Thursday

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: Mike Keenan, Currency Strategist at Absa Corporate and Investment Banking on the outlook for the Rand; John Loos, Household and Consumer Sector Strategist at FNB on his thoughts about the weakening Rand; Busisiwe Hadebe, Economist at the Nedbank Group on the January Manufacturing Figures from Statistics South Africa; Steven Kilfoil, Corporate Finance Director at Grant Thornton on South African miners needing certainty to convert risk into potential; Tom Winterboer, Financial Services Leader at PwC for an analysis on South Africa’s major banks; Derrick Tod, CEO of Distribution and Warehousing Network Limited on their interim financial results; Stephen Koseff, CEO of the Investec Group on their trading update; Darren Hele, Chief Operating Officer at Famous Brands on their expansion into India; and Craig Chambers, Managing Director at Dibanisa Fund Managers on their switch to the FTSE/JSE Shareholder-Weighted Index. Market Analyst for the evening Mike Haworth, Managing Director at Applied Capital Insights provided commentary on mining mechanisation, another petrol price rise, PetroSA, the Rand remaining on the back foot, and results from Investec and Distribution and Warehousing Network Limited. In the second half of the programme at 18h30, Glenn chaired a one-hour discussion on the weekly topic, namely South Africa’s Automotive Industry with guests Jeff Nemeth, President and CEO of Ford Motor Company of Southern Africa; Guy Kilfoil, General Manager of Group Communications and Public Affairs at BMW South Africa; David Smith, Managing Director at Ariva; and Riccardo Coetzee, Managing Executive for Automotive at the Innovation Group South Africa with commentary from Gavin Maile, Director of Industrials, Automotive, and Construction at KPMG.

PROGRAMME LINEUP

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Segment 1 - 12: 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:

Rand Outlook Report

Guest:

Mike Keenan
Currency Strategist
Absa Corporate and Investment Banking

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 3:

Thoughts on the Weakening Rand

Guest:

John Loos
Household and Consumer Sector Strategist
FNB

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 4:

January Manufacturing Figures from Statistics South Africa (Stats SA)

Guest:

Busisiwe Hadebe
Economist
Nedbank

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 5:

Survey on South African Miners Needing Certainty to Convert Risks into Potential

Guest:

Steven Kilfoil
Corporate Finance Director
Grant Thornton

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Segment 6:

Analysis on South Africa's Major Banks

Guest:

Tom Winterboer
Financial Services Leader
PwC

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 7:

Distribution and Warehousing Network Limited (DAWN) Interim Financial Results

Guest:

Derrick Tod
CEO
DAWN

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 8:

Investec Group Trading Update

Guest:

Stephen Koseff
CEO
Investec Group

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Segment 9:

Famous Brands Expands into India

Guest:

Darren Hele
Chief Operating Officer
Famous Brands

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Segment 10:

Switch to the FTSE/JSE Shareholder-Weighted Index (SWIX)

Guest:

Craig Chambers
Managing Director
Dibanisa Fund Managers

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 11:

Commentary on Mining Mechanisation, Another Petrol Price Rise, PetroSA, the Rand Remaining on the Back Foot, Investec and Distribution and Warehousing Network Limited Results

Commentator:

Mike Haworth
Managing Director
Applied Capital Insights

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 12:

South Africa's Automotive Industry

Guests (panel discussion):

Jeff Nemeth
President and CEO
Ford Motor Company of Southern Africa

Guy Kilfoil
General Manager Group Communications and Public Affairs
BMW South Africa

David Smith
Managing Director
Ariva

Riccardo Coetzee
Managing Executive for Automotive
Innovation Group South Africa

Commentator:

Gavin Maile
Director of Industrials, Automotive, and Construction
KPMG

DOWNLOAD AND LISTEN TO PODCAST HERE

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On Air
00:00 - 07:00

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