26 February 2013, 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 day’s news including a strike by the South African Post Office workers in Gauteng. Glenn Lewington also conducted in-depth interviews with the people making the news: Azar Jammine, Chief Economist and Director at Econometrix on the latest Gross Domestic Product figures; Rudolf Mahoney, Spokesman at WesBank on their latest Vehicle Sales Confidence Index; James Wellsted, Senior Vice President of Corporate Affairs at Sibanye Gold on its dual listing and an underground fire at its Beatrix mine; and Mike Schmidt, CEO of African Rainbow Minerals, Mark Dytor, the new CEO of AECI, and Ian Lourens, CEO of OneLogix their latest financial results. Market Analyst for the evening Rob Towell, Portfolio Manager at Consilium Securities provided commentary on the latest Gross Domestic Product figures released by Statistics South Africa, the dual listing and fire at one of the mines belonging to Sibanye Gold, and movements in the Rand. In the second half of the programme at 18h30, Glenn chaired a one-hour discussion on the weekly topic, namely "The Budget Speech" with guests Ettiene Retief, Chairman of the National Tax and South African Revenue Services Stakeholder Committee at the South African Institute of Professional Accountants; AJ Jansen van Nieuwenhuizen, Head of Tax Advisory Services at Grant Thornton; Windall Bekker, Partner at REZCO Asset Management; Frans Cronje, Deputy CEO of the South African Institute of Race Relations with commentary by David Warneke, Tax Director at BDO; and Azar Jammine, Chief Economist and Director at Econometrix.

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

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 2:

4th Quarter Gross Domestic Product Figures

Guest:

Azar Jammine
Chief Economist and Director
Econometrix

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 3:

WesBank 1st Quarter Vehicle Sales Confidence Index

Guest:

Rudolf Mahoney
Spokesman
WesBank

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 4:

Sibanye Gold has Dual Listed its American Depositary Receipt (ADR) Programme on the New York Stock Exchange, and Update on an Underground Fire at its Beatrix Mine

Guest:

James Wellsted
Senior Vice President Corporate Affairs
Sibanye Gold

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 5:

African Rainbow Minerals Interim Financial Results

Guest:

Mike Schmidt
CEO
African Rainbow Minerals

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 6:

AECI Interim Financial Results

Guest:

Mark Dytor
New CEO
AECI

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 7:

OneLogix Interim Financial Results

Guest:

Ian Lourens
CEO
OneLogix

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 8:

South African Post Office Gauteng Branches Strike

Reporter:

Lee Kern

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Segment 9:

Commentary on the Latest Gross Domestic Product Figures Released by Statistics South Africa, the Dual Listing and Fire at One of the Mines Belonging to Sibanye Gold, and Movements in the Rand

Commentator:

Rob Towell
Portfolio Manager
Consilium Securities

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 10:

Minister Pravin Gordhan's 2013 Budget Speech

Guests (panel discussion):

Ettiene Retief
Chairman of the National Tax and South African Revenue Services Stakeholder Committee
South African Institute of Professional Accountants (SAIPA)

AJ Jansen van Nieuwenhuizen
Head of Tax Advisory Services
Grant Thornton

Windall Bekker
Partner
REZCO Asset Management

Frans Cronje
Deputy CEO
South African Institute of Race Relations

Commentators:

David Warneke
Tax Director
BDO

Azar Jammine
Chief Economist and Director
Econometrix

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

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