15 March 2013, Friday

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 having to reveal the price it is charged by Eskom for electricity, strikes at Eskom’s Medupi power station, and Wesbank's forecast for the automotive industry. Glenn Lewington also conducted in-depth interviews with the people making the news: Jean Michel Six, Europe Middle East and Africa Chief Economist at Standard & Poor's on its Eurozone outlook; Roger Jardine, CEO of the Aveng Group on their latest financial results; John Wallington, CEO of Coal of Africa on an announcement on their coal quality; Donna Oosthuyse, Managing Director and Citi Country Officer at Citi Bank South Africa on the future of the company; and Dimitri Panayotopoulos, Spokesman for Procter & Gamble on their latest investment in South Africa. Market Analyst for the evening Liang Du, Head of Asset Allocation at Prescient Asset Management provided commentary on various interest points that made the day's headlines including the Rand recovering from 2009 lows, movement in the Johannesburg Stock Exchange and Wall Street, bonds firming on the stronger Rand, and Gold heading for its second weekly gain.

PROGRAMME LINEUP

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Segment 1 - 10: 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:

BHP Billiton Must Lift Veil on Eskom Prices

Reporter:

Lee Kern

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Segment 3:

Public Enterprises Minister Tackles Eskom Over Medupi Power Plant

Reporter:

Glenn Lewington

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Segment 4:

Economic Outlook for Europe

Guest:

Jean Michel Six
Europe, Middle East and Africa Chief Economist
Standard & Poor's

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Segment 5:

Aveng Interim Financial Results

Guest:

Roger Jardine
CEO
Aveng Group

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Segment 6:

Announcement by Coal of Africa

Guest:

John Wallington
CEO
Coal of Africa

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Segment 7:

Procter & Gamble Announces Expansion Plans

Guest:

Dimitri Panayotopoulos
Spokesman
Procter & Gamble

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Segment 8:

Strategic Objectives and Plans for the Future of Citi

Guest:

Donna Oosthuyse
Managing Director and Citi Country Officer
Citi Bank South Africa

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Segment 9:

Wesbank Vehicle Predictions for the Year

Reporter:

Mosehla Gwangwa

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Segment 10:

Commentary on the Rand Recovering from 2009 Lows, Movement in the Johannesburg Stock Exchange and Wall Street, Gold Heading for its Second Weekly Gain, Bonds Firming on the Stronger Rand

Commentator:

Liang Du
Head of Asset Allocation
Prescient Asset Management

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

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