23 May 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 including the Department of Home Affairs replacing the green barcoded identity books. Glenn Lewington also conducted in-depth interviews with the people making the news: Gill Marcus, Governor of the South African Reserve Bank, and Isaac Matshego, Economist at the Nedbank Group on the Monetary Policy Committee interest rate decision; Norman Adami, Executive Chairman of SABMiller; CEOs Stephen Koseff of Investec, and Marcel von Aulock of Tsogo Sun on their respective companies' results; and Deborah di Siena, Director of Routledge Modise on the Tax Administration Act. Market commentator for the evening Mike Haworth, Managing Director at Applied Capital Insights provided commentary on the Rand touching new four-year low, FirstRand looking at Nigerian nationalised banks, no pullback on United States quantitative easing yet, clothing workers ending a warning strike, and shares on the Johannesburg Stock Exchange falling as world markets drop. In the second half of the programme at 18h30, Glenn chaired a one-hour discussion on the weekly topic, namely "Retirement Planning" with guests Andrea Higgins-Dias, Consultant at Aon Hewitt; and Darren Smith, Financial Planner at the Wealth Corporation with commentary by Nerina Visser, Head of Beta Solutions at Nedbank Capital; Andrew van Os, Wealth Manager at Nedbank Private Wealth; and Allan Heynen, Managing Director at BDO Wealth Advisers.

PROGRAMME LINEUP

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Segment 1 - 9: 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 Home Affairs to Start Rolling Out Smart ID Cards in July

Reporter:

Mosehla Gwangwa

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Segment 3:

South African Reserve Bank (SARB) Monetary Policy Committee Repo Rate Announcement

Guests:

Gill Marcus
Governor
SARB

Isaac Matshego
Economist
Nedbank Group

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Segment 4:

Investec Annual Financial Results

Guest:

Stephen Koseff
CEO
Investec

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Segment 5:

SABMiller Annual Financial Results

Guest:

Norman Adami
Chairman
SABMiller

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Segment 6:

Tsogo Sun Annual Financial Results

Guest:

Marcel Von Aulock
CEO
Tsogo Sun

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Segment 7:

Constitutionality of Tax Administration Act Under Scrutiny as the South African Revenue Service's Conduct Comes into Question

Guest:

Deborah Di Siena
Director
Routledge Modise


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Segment 8:

Commentary on the Rand Touching a New Four-year Low, FirstRand Looking at Nigerian Nationalised Banks, No Pullback on United States Quantitative Easing Yet, Clothing Workers Ending a Warning Strike, and Shares on the Johannesburg Stock Exchange Falling as World Markets Drop

Commentator:

Mike Haworth
Managing Director 
Applied Capital Insights

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 9:

Retirement Planning (Part Four)

Guests (panel discussion):

Andrea Higgins-Dias
Consultant
Aon Hewitt

Darren Smith
Financial Planner
The Wealth Corporation

Commentators:

Nerina Visser
Head of Beta Solutions
Nedbank Capital

Andrew van Os
Wealth Manager
Nedbank Private Wealth

Allan Heynen
Managing Director 
BDO Wealth Advisers

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

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