11 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 ratings agency Standard & Poor's downgrade of Spain's credit rating, the ongoing strikes across the country, house price growth, and 1Time Airlines downscaling the number of airplanes and routes they fly. Glenn Lewington also conducted in-depth interviews with the people making the news: Vusi Mabena, Senior Executive for Transformation and Stakeholder Relations at the Chamber of Mines on wage negotiations in the gold mining sector; Annabel Bishop, Group Economist of Investec on the latest mining and manufacturing production data released by Stats SA; Marius Saaiman, Joint CEO of Village Main Reef on their September production levels; Mike Schussler, Chief Economist at Economists.co.za on the Bankserv Africa Economic Transaction Index; and Sean Venter, Managing Director at MTI Technologies on the IT app that will be featured at the DEMO Africa conference later in the month. 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 "How Rewarding are Rewards Programmes?" with guests Syd Vianello, Retail Analyst at Nedbank; Dr Craig Nossel, Head of Wellness at Discovery Vitality; Yaron Assabi, CEO of the Digital Solutions Group; Amanda Cromhout, CEO and Founder of Truth with commentary from Jolande Duvenage, CEO of eBucks; and Nicole Merdjan, Rewards Club and Marketing Manager at Meltz.

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:

Gold Miners to Reconsider the Latest Pay Offer

Guest:

Vusi Mabena
Senior Executive for Transformation and Stakeholder Relations
Chamber of Mines

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 3:

Report on the United Kingdom Investors Not Discouraged by the Strikes

Reporter:

Glenn Lewington

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Segment 4:

Mining and Manufacturing Production Figures for August of 2012 from Statistics South Africa (Stats SA)

Guest:

Annabel Bishop
Group Economist
Investec Group

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 5:

Report on 1time Airlines Downscaling the Number of Airplanes and Warning of Possible Job Cuts

Reporter:

Glenn Lewington

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 6:

Village Main Reef Production Results for the Quarter Ended September 2012

Guest:

Marius Saaiman
Joint CEO
Village Main Reef

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 7:

Report on the Downgrade of Spain by Standard & Poor’s

Reporter:

Lee Kern

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 8:

Commentary on Spain Possibly Asking for a Bail Out, Eskom Not Voicing Electricity Price Increases and the Performance of the Rand this Past Week

Commentator:

Viv Govender
Senior Analyst
Vunani Private Clients

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 9:

Latest Bankserv Africa Economic Transaction Index (BETI)

Guest:

Mike Schussler
Chief Economist
Economists.co.za

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 10:

Calgro M3 Interim Results

Guest:

Ben Pierre Malherbe
CEO
Calgro M3

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 11:

Report on the Seemingly Moderate Growth in South Africa’s House Prices

Reporter:

Glenn Lewington

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 12:

DEMO Africa Technology Conference

Guest:

Sean Venter
Managing Director
MTI Technologies

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 13:

Commentary on the Strain on the Mining Industry and the Best Parastatals in South Africa

Commentator:

Viv Govender
Senior Analyst
Vunani Private Clients

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 14:

How Rewarding are Rewards Programmes?

Guests (panel discussion):

Syd Vianello
Retail Analyst
Nedbank

Dr Craig Nossel
Head of Wellness
Discovery Vitality

Yaron Assabi
CEO
Digital Solutions Group

Amanda Cromhout
CEO and Founder
Truth

Commentators:

Jolande Duvenage
CEO
eBucks

Nicole Merdjan
Rewards Club and Marketing Manager
Meltz

DOWNLOAD AND LISTEN TO PODCAST HERE
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On Air: 13:30 - 17:30
Classic Drive

with Glenn Lewington

Now Playing: Navarra Opus 33 For Two Violins And Orchestra - Pablo De Sarasate; Playlist

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11 October 2012, Thursday

Classic Drive