23 October 2012, 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 news of the day including government insists on the Eskom tariff hike, the Energy Intensive User Group disputes the tariff hike, the South African Reserve Bank leading indicator for August, Gold Fields fires thousands of workers, the European Union financial transactions tax adopted, and the South African Chamber of Commerce and Industry urges Minister Pravin Gordhan to clarify his statement. Glenn Lewington also conducted in-depth interviews with the people making the news: Danie Strachan, Partner at Adams & Adams on the Protection of Personal Information Bill; Mike Schussler, Chief Economist at Economists.co.za on the quarterly BankservAfrica Disposable Salary Index; and Sandile Nomvete, CEO of Delta Property Fund on their intent to list on the JSE. Analyst for the evening Viv Govender, Senior Analyst at Vunani Private Clients provided commentary on various interest points that made the day's headlines. In the second half of the programme at 18h30, Glenn chaired a one-hour discussion on the weekly topic, namely South Africa’s Medium-term Budget Policy Statement with guests Dawie Roodt, Chief Economist at the Efficient Group; Leon Louw, Executive Director at the Free Market Foundation; Steve Swart, Member of Parliament at the African Christian Democratic Party with commentary from George Glynos, Economist and Managing Director at ETM.

PROGRAMME LINEUP

________________________________________________________________________________

Segment 1 - 13: FULL PROGRAMME

DOWNLOAD AND LISTEN TO PODCAST OF THE FULL PROGRAMME HERE

________________________________________________________________________________

Segment 1:

Business and Financial News

DOWNLOAD AND LISTEN TO PODCAST HERE
_______________________________________________________________________________

Segment 2:

Report on Government Enforcing the Need for the Eskom Tariff Hike

Reporter:

Mosehla Gwangwa

DOWNLOAD AND LISTEN TO PODCAST HERE
_______________________________________________________________________________

Segment 3:

Report on the Energy Intensive User Group (EIUG) Opposing the Tariff Hike Application by Eskom

Reporter:

Glenn Lewington

DOWNLOAD AND LISTEN TO PODCAST HERE
________________________________________________________________________________

Segment 4:

Protection of Personal Information Bill

Guest:

Danie Strachan
Partner
Adams & Adams