12 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 the debate about whether banks should be forced to invest in low-cost housing. Glenn Lewington also conducted in-depth interviews with the people making the news: Gabu Tugwana, Group Communication Director at the City of Johannesburg on making dramatic improvements in resolving billing queries; Paul Stuiver, CEO of the Pretoria Portland Cement on the announcement of a second phase Empowerment transaction; Johan Kruger, Head of the Solidarity Research Institute on amendments to laws governing black empowerment leading to job losses; Norman Milne, Member of the South African Federation of Civil Engineering Contractors Management Committee on their State of Industry Report; Viv Govender, Senior Analyst at Vunani Private Clients on their Commodities Report; Rob Spanjaard, Investment Director at Rezco Asset Management on there being no buying opportunity in commodities; Ashley Vandiar, Project Director at the South African Institute of Chartered Accountants on the revised Companies Act being good news for SMEs; and Cobus Venter, Director and Economist at Econex on Spain’s fiscal devaluation. Analyst for the evening, Tshepo Modiba, Portfolio Manager at Cannon Assets Managers 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 "Business Growth in Africa: Is South Africa falling behind?" with guests Doug de Villiers, CEO of Interbrand Sampson; Global Entrepreneur and Author Keith Dougdale; Scott Nelson, Head of Department at Edward Nathan Sonnenbergs Africa with commentary from Michael Sudarkasa of Africa Business Consulting and Africa Business Group; Xavier Darcos, Chairman of the France South Africa Seasons, President of the French Institute and a Former Minister in France; and Virendra Gupta, High Commissioner of India in South Africa.

PROGRAMME LINEUP

________________________________________________________________________________

Segment 1 - 15: FULL PROGRAMME

DOWNLOAD AND LISTEN TO PODCAST OF THE FULL PROGRAMME HERE

________________________________________________________________________________

Segment 1:

Business and Financial News

DOWNLOAD AND LISTEN TO PODCAST HERE
_______________________________________________________________________________

Segment 2:

Joburg City Makes Progress in Resolving Billing Queries

Guest:

Gabu Tugwana
Group Communication Director
City of Johannesburg

DOWNLOAD AND LISTEN TO PODCAST HERE
_______________________________________________________________________________

Segment 3:

Commentary on Pretoria Portland Cement (PPC) and the Eurozone

Commentator:

Tshepo Modiba
Portfolio Manager
Cannon Assets Managers

DOWNLOAD AND LISTEN TO PODCAST HERE
_______________________________________________________________________________

Segment 4:

Pretoria Portland Cement (PPC) Announces their Second Phase Empowerment Transaction

Guest:

Paul Stuiver
CEO
Pretoria Portland Cement (PPC)

DOWNLOAD AND LISTEN TO PODCAST HERE
________________________________________________________________________________

Segment 5:

Amendments to Broad Based Black Economic Empowerment to Cause Job Losses

Guest:

Johan Kruger
Head
Solidarity Research Institute

DOWNLOAD AND LISTEN TO PODCAST HERE
______________________________________________________________________________

Segment 6:

Report on the South African Communist Party Calling for Banks to be Forced to Invest in Low Cost Housing

Reporter:

Mosehla Gwangwa

DOWNLOAD AND LISTEN TO PODCAST HERE
______________________________________________________________________________

Segment 7:

Commentary on Factory Output and Interest Rates

Commentator:

Tshepo Modiba
Portfolio Manager
Cannon Assets Managers

DOWNLOAD AND LISTEN TO PODCAST HERE
______________________________________________________________________________

Segment 8:

State of the Civil Engineering Contractors Industry Report

Guest:

Norman Milne
Member
South African Federation of Civil Engineering Contractors Management Committee

DOWNLOAD AND LISTEN TO PODCAST HERE
_______________________________________________________________________________

Segment 9:

Commodities – The Often Overlooked Asset Class

Guest:

Viv Govender
Senior Analyst
Vunani Private Clients

DOWNLOAD AND LISTEN TO PODCAST HERE
_______________________________________________________________________________

Segment 10:

Now Not the Time to Buy Commodities

Guest:

Rob Spanjaard
Investment Director
Rezco Asset Management

DOWNLOAD AND LISTEN TO PODCAST HERE
_______________________________________________________________________________

Segment 11:

Commentary on a New South African Wind Farm, Pravin Gordhan and the South African Economy

Commentator:

Tshepo Modiba
Portfolio Manager
Cannon Assets Managers

DOWNLOAD AND LISTEN TO PODCAST HERE
_______________________________________________________________________________

Segment 12:

The Revised Companies Act is Good News for Small Medium Enterprises

Guest:

Ashley Vandiar
Project Director
South African Institute of Chartered Accountants (SAICA)

DOWNLOAD AND LISTEN TO PODCAST HERE
_______________________________________________________________________________

Segment 13:

Is Fiscal Devaluation the Right Move for Spain?

Guest:

Cobus Venter
Director and Economist
Econex

DOWNLOAD AND LISTEN TO PODCAST HERE
_______________________________________________________________________________

Segment 14:

Commentary on Research Driving Rooibos Exports

Commentator:

Tshepo Modiba
Portfolio Manager
Cannon Assets Managers

DOWNLOAD AND LISTEN TO PODCAST HERE
_______________________________________________________________________________

Segment 15:

Business Growth in Africa: Is South Africa Falling Behind?

Guests (panel discussion):

Doug de Villiers
CEO
Interbrand Sampson

Keith Dougdale
Global Entrepreneur and Author

Scott Nelson
Head of Department
Edward Nathan Sonnenbergs (ENS) Africa

Commentary:

Michael Sudarkasa
Africa Business Consulting and Africa Business Group

Xavier Darcos
Chairman of the France South Africa Seasons,
President of the French Institute, and
Former Minister in France

Virendra Gupta
High Commissioner of India in South Africa

DOWNLOAD AND LISTEN TO PODCAST HERE
_______________________________________________________________________________

On Air: 00:00 - 07:00
Music No Commentary

No Presenter

Now Playing: Summertime - George Gershwin; Playlist

CMS Website by Juizi, CRM by OpenNetworks

12 July 2012, Thursday

Music No Commentary