26 July 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 day's news including an announcement by the European Central Bank President; the High Court granting an interdict to the Pilgrim's Rest businesses; and the increase in volume of SABMiller lager and soft drinks. Glenn Lewington also conducted in-depth interviews with the people making the news: Busisiwe Radebe, Economist at the Nedbank Group on the June 2012 Producer Price Inflation figures from Statistics South Africa; Marc Wainer, CEO of Redefine Properties on getting the go-ahead for its fountainhead acquisition; David Fischel, CEO of Capital Shopping Centres and Greg Morris, CEO of MICROmega on their results; Rob Griggs, Managing Director of Bytes System Integration on acquiring Alliance Business Solutions; and Dean Zwo Nevhutalu, Chairman of the Board of the Kagiso Trust on governance for non-profit organisations. Analyst for the evening, Chris Freund, Portfolio Manager at Investec Asset Management 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 Legal System" with guests Judge Johann Kriegler, Chairman of Freedom Under Law; Dumisa Ntsebeza, Spokesman for the Judicial Service Commission; and Craig Watt Pringle, Chairman of the Johannesburg Bar Council with commentary from Clinton van Loggerenberg, Director at Edward Nathan Sonnenbergs.

PROGRAMME LINEUP

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Segment 1 - 14: 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:

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

Guest:

Busisiwe Radebe
Economist
Nedbank Group

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 3:

Report on the Public Servants Salary Increases

Reporter:

Glenn Lewington

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Segment 4:

Redefine Gets the Go Ahead for the Fountainhead Acquisition

Guest:

Marc Wainer
CEO
Redefine Properties

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 5:

Report on the European Central Bank (ECB) Vowing to Save the Euro

Reporter:

Lee Kern

Commentator:

Chris Freund
Portfolio Manager
Investec Asset Management

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 6:

Capital Shopping Centres Interim Results

Reporter:

David Fischel
CEO
Capital Shopping Centres

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Segment 7:

MICROmega Interim Results

Guest:

Greg Morris
CEO
MICROmega

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 8:

Report on the Gauteng High Court Granting Pilgrim’s Rest Businesses an Interdict

Reporter:

Jonathan Adams

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 9:

Report on the SABMiller Lager and Soft Drinks Volumes Increasing

Reporter:

Mosehla Gwangwa

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Segment 10:

Commentary on the SABMiller Volumes Increasing and the Asian Markets

Commentator:

Chris Freund
Portfolio Manager
Investec Asset Management

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Segment 11:

Bytes Acquires Alliance Business Solutions to Augment Existing Oracle Capabilities

Commentator:

Rob Griggs
Managing Director
Bytes System Integration

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Segment 12:

Governance is Key to Sustainability in the Non-profit Organisation (NPO) Sector

Commentator:

Dean Zwo Nevhutalu
Chairman of the Board 
Kagiso Trust

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 13:

Commentary on the Nedbank Group’s Trading Statement 

Commentator:

Chris Freund
Portfolio Manager
Investec Asset Management

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 14:

South Africa's Legal System

Guests (panel discussion):

Dumisa Ntsebeza
Spokesman
Judicial Services Commission

Judge Johann Kriegler
Chairman
Freedom Under Law

Craig Watt Pringle
Chairman
Johannesburg Bar Council

Commentator:

Clinton van Loggerenberg
Director
Edward Nathan Sonnenbergs (ENS)

DOWNLOAD AND LISTEN TO PODCAST HERE
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On Air
05:30 - 09:30

Classic Breakfast

with Deano Maduramuthu

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