28 February 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 a meat labelling scandal and the North Gauteng High Court’s ruling that low and medium-sized municipalities must comply with conditions of the Consumer Protection Act. Glenn Lewington also conducted in-depth interviews with the people making the news: Dr Nicola Theron, Managing Director at Econex on the 8% electricity tariff increase approved by the National Energy Regulator of South Africa; Busisiwe Hadebe, Economist at Nedbank on the latest credit extension data; Grant Pattison, CEO of Massmart, Bruce Hemphill, CEO of the Liberty Group, Henry Laas, CEO of Murray & Roberts, Fred Platt, CEO of Accentuate, and Murphy Morobe, CEO of Kagiso Media on their latest financial results. Market Analyst for the evening Deryck Janse van Rensburg, Stockbroker and Portfolio Manager at Nedbank Capital provided commentary on the approved 8% electricity tariff hikes, Finance Minister Pravin Gordhan’s budget speech, movements in the Rand, and turmoil in the local mining sector. 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 Ernie Lai King, Executive of Tax at Edward Nathan Sonnebergs; Rob Stretch, General and Capital Gains Tax Specialist at Ernst & Young; and Tanya Kramer, Portfolio Manager at RMB Private Bank with commentary by Konrad Reuss, Managing Director South Africa and Sub-Saharan Africa at Standard & Poor's.

PROGRAMME LINEUP

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Segment 1 - 12: 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:

Electricity Price to Increase by 8%

Guest:

Dr Nicola Theron
Managing Director
Econex

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 3:

January Credit Extension

Guest:

Busisiwe Hadebe
Economist
Nedbank

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 4:

Meat Mislabelling Claims to be Investigated

Reporter:

Glenn Lewington

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Segment 5:

Massmart Interim Financial Results

Guest:

Grant Pattison
CEO
Massmart

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Segment 6:

Liberty Group Annual Financial Results

Guest:

Bruce Hemphill
CEO
Liberty Group

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 7:

Court Rules Low and Medium-capacity Municipalities Not Exempt from the Consumer Protection Act

Reporter:

Glenn Lewington

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 8:

Murray & Roberts Interim Financial Results

Guest:

Henry Laas
CEO
Murray & Roberts

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Segment 9:

Accentuate Interim Financial Results

Guest:

Fred Platt
CEO
Accentuate

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 10:

Kagiso Media Interim Financial Results

Guest:

Murphy Morobe
CEO
Kagiso Media

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 11:

Commentary on the Approved 8% Electricity Tariff Hikes, Finance Minister Pravin Gordhan’s Budget Speech, Movements in the Rand, and Turmoil in the Local Mining Sector

Commentator:

Deryck Janse van Rensburg
Stockbroker and Portfolio Manager
Nedgroup Private Wealth Stockbrokers

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 12:

Minister Pravin Gordhan's 2013 Budget Speech

Guests (panel discussion):

Ernie Lai King
Executive of Tax
Edward Nathan Sonnebergs

Rob Stretch
General and Capital Gains Tax Specialist
Ernst & Young

Tanya Kramer
Portfolio Manager
RMB Private Bank

Commentator:

Konrad Reuss
Managing Director for South Africa and Sub-Saharan Africa
Standard & Poor's

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

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By Birth / 'Dying For Master' - Nataniel (Vocal And Piano)
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