25 October 2012, 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 news of the day including the South African Medium-term Budget Policy Statement delivered by the Minister of Finance, and an update on e-tolls. Glenn Lewington also conducted in-depth interviews with the people making the news: Jeff Gable, Head of Macro and Fixed Income Research at Absa Capital on the September Producer Price Inflation figures from Statistics South Africa; Dave Macready, Managing Executive at Nedbank Wealth on their new high net worth brand; Jonathan Louw, CEO of Adcock Ingram on their new high volume liquid plant in Clayville; Sisa Ngebulana, CEO of Rebosis Property Fund on the company's annual results; and Bernie Krone, CEO of Esorfranki on the company's interim results. Analyst for the evening Mike Haworth, Managing Director at Applied Capital Insights 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 Neren Rau, CEO of the South African Chamber of Commerce and Industry; Andrew Wellsted, Head of Tax at Norton Rose; and Tim Harris, Member of Parliament and Shadow Minister of Finance at the Democratic Alliance with commentary from Pravin Gordhan, Minister of Finance.

PROGRAMME LINEUP

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Segment 1 - 11: FULL PROGRAMME

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Segment 1:

Business and Financial News

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Segment 2:

Report on the South Africa Medium-term Budget Policy Statement

Reporter:

Lee Kern

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Segment 3:

Report on an Update on the e-toll Tariffs to be Announced Shortly

Reporter:

Glenn Lewington

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Segment 4:

September of 2012 Producer Price Inflation (PPI) Figures from Statistics South Africa (Stats SA)

Guest:

Jeff Gable
Head of Macro and Fixed Income Research
Absa Capital

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 5:

Nedbank Unveils New High Net Worth Brand: Nedbank Private Wealth

Guest:

Dave Macready
Managing Executive
Nedbank Wealth