11 June 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 Lonmin and the Association of Mineworkers and Construction Union in talks to avert a strike, Telkom confirming a twelve billion Rand non-cash impairment of legacy network, Mark Shuttleworth taking the South African Government to court over exchange controls, and a trading update from the Naspers Group. Glenn Lewington also conducted in-depth interviews with the people making the news: Dennis Dykes, Chief Economist at the Nedbank Group on Statistics South Africa mining production data for April; Derek Engelbrecht, Retail and Consumer Products Sector Leader at Ernst & Young South Africa on its retail survey for the second quarter of 2013; John Bowles, Joint Managing Director at the Newspaper Advertising Bureau on the latest ROOTS retail survey; and Arnold Goldstone, CEO of Invicta Holdings on their latest financial results. Market Analyst Christopher Gilmour, Analyst at Absa Investments provided commentary on Lonmin and the Association of Mineworkers and Construction Union in talks to avert a strike, Telkom taking a R12 billion impairment knock, the opposition to Urban Tolling Alliance raises R2.3 million after e-tolls plea, the Rand reaching a new four-year low, and a strike hitting French airports. In the second half of the programme at 18h30, Glenn chaired a one-hour discussion on the weekly topic, namely "Perspectives of Business and Interim Management" with guests Alan Lipchin, Chartered Accountant and Independent Business Improvement and Turnaround Specialist at Lipchin and Associates; John Evans, Founder at RS Advisors; Stefan Smyth, National Leader of Business Recovery Services at PwC; Neville Bosman, Small Medium Enterprise Expert working as a Consultant in Sasol's Capital Excellence Academy, and Partner at Bosman Attorneys with commentary by Steve Jardine, Supply Chain Specialist, and Implementation Coach Currently working in the Rolling Stock Industry.

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:

Statistics South Africa (Stats SA) Mining Production Data for April

Guest:

Dennis Dykes
Chief Economist
Nedbank Group

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 3:

Report on Lonmin and the Association of Mineworkers and Construction Union (Amcu) in Talks to Avert Strike

Reporter:

Glenn Lewington

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 4:

Ernst & Young/Bureau for Economic Research (BER) Retail Survey for the Second Quarter of 2013

Guest:

Derek Engelbrecht
Retail and Consumer Products Sector Leader
Ernst & Young South Africa

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 5:

ROOTS Retail Survey

Guest:

John Bowles
Joint Managing Director
Newspaper Advertising Bureau

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 6:

Report Telkom Confirming a Twelve Billion Rand Non-cash Impairment of Legacy Network

Reporter:

Glenn Lewington

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 7:

Report on Mark Shuttleworth Taking the South African Government to Court

Reporter:

Lee Kern

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 8:

Invicta Holdings Final Results

Guest:

Arnold Goldstone
CEO
Invicta Holdings

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 9:

Commentary: Lonmin and the Association of Mineworkers and Construction Union (Amcu) in talks to avert a strike, Telkom taking a R12 billion impairment knock, the opposition to Urban Tolling Alliance (Outa) raises R2.3 million after e-tolls plea, the Rand reaching a new four-year low, and a strike hitting French airports

Commentator:

Christopher Gilmour
Analyst
Absa Investments

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 10:

Perspectives of Business and Interim Management (Part Two)

Guests (panel discussion):

Alan Lipchin
Chartered Accountant, and
Independent Business Improvement and Turnaround Specialist at Lipchin and Associates

John Evans
Founder
RS Advisors

Stefan Smyth
National Leader of Business Recovery Services
PwC

Neville Bosman
Small Medium Enterprise Expert,
Working as a Consultant in Sasol's Capital Excellence Academy, and
Partner at Bosman Attorneys

Commentator:

Steve Jardine
Supply Chain Specialist, and
Implementation Coach Currently Working in the Rolling Stock Industry

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

Classic Breakfast

with Deano Maduramuthu

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