13 November 2012, 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 news of the day including government agrees that the Eskom tariff hikes are necessary, and the Congress of South African Trade Unions urges the public to voice their concerns with government and Hong Kong to possibly succeed London as the second-largest global financial capital by 2015. Glenn Lewington also conducted in-depth interviews with the people making the news: Jonathan Butler, Publications Manager at Jonhson Matthey Plc on their Platinum 2012 Interim Review; James Masango, Provincial Chief Whip at the Democratic Alliance on Mpumalanga suffering as government stands to lose millions in claims; Hugo Nelson, CEO of Coronation Fund Managers on their annual results; Gary Palmer, CEO of Paragon Lending Solutions on non-bank lending increasing among South Africa’s high-net worth consumers; and Paul Stuiver, CEO of PPC on their interim results. Analyst for the evening Paul Chakaduka, Trader at Global Trader 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 Amendments to Broad-based Black Economic Empowerment with guests Keith Levenstein, CEO of EconoBEE; Wade van Rooyen, Managing Director for Verification Services at Grant Thornton; Ozias Ncube, Senior Lecturer for Supply Chain Management at SBL Unisa; Nicholas Darius Maweni, Managing Director of the Black Management Forum with commentary from Wilmot James, Member of Parliament and Shadow Minister of Trade and Industry at the Democratic Alliance.

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

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Segment 2:

Report on Government's Reasoning for the Need for the Electricity Tariff Hike

Reporter:

Mosehla Gwangwa

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 3:

Johnson Matthey Platinum 2012 Interim Review

Guest:

Jonathan Butler
Publications Manager
Johnson Matthey Plc

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 4:

Report on the Call by the Congress of South African Trade Unions (COSATU) for the Public to Engage Government and the South African National Roads Agency Limited (SANRAL) in Talks over e-tolls

Reporter:

Glenn Lewington

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 5:

Mpumalanga Suffers as Government Stands to Lose 1,8 Billion Rand in Claims

Guest:

James Masango
Provincial Chief Whip
Democratic Alliance (DA)

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 6:

Coronation Fund Managers Full Year Results

Guest:

Hugo Nelson
CEO
Coronation Fund Managers

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 7:

Commentary on Kumba Warning of Profit Loss, Vodacom Entering Africa and Industrials Boosts the Johannesburg Stock Exchange (JSE)

Commentator:

Paul Chakaduka
Trader
Global Trader

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 8:

Pretoria Portland Cement (PPC) Interim Results

Guest:

Paul Stuiver
CEO
PPC (Pretoria Portland Cement)

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 9:

Report on Hong Kong Possibly Taking Over London as the Second Largest Global Financial Capital by 2015

Reporter:

Lee Kern

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Segment 10:

Non-bank Lending Increasing Among South Africa's High-net Worth Consumers

Guest:

Gary Palmer
CEO
Paragon Lending Solutions

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 11:

Commentary on Investors Dumping Anglo American, the Performance of the Rand and the United States Fiscal Cliff Keeping Wall Street Subdued

Commentator:

Paul Chakaduka
Trader
Global Trader

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 12:

Amendments to Broad-based Black Economic Empowerment (BBBEE)

Guests (panel discussion):

Keith Levenstein
CEO
EconoBEE

Wade van Rooyen
Managing Director for Verification Services
Grant Thornton

Ozias Ncube
Senior Lecturer for Supply Chain Management
SBL Unisa

Nicholas Darius Maweni
Managing Director
Black Management Forum (BMF)

Sam Gumede
Partner
Webber Wentzel

Commentator:

Wilmot James
Member of Parliament, and
Shadow Minister of Trade and Industry at the Democratic Alliance (DA)

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

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