14 November 2012, Wednesday

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 the Labour Minister announces that the R70 minimum wage would be scrapped and reviewed, the Johannesburg Philharmonic Orchestra undergoes business rescue and the e-tolls meeting being poorly attended. Glenn Lewington also conducted in-depth interviews with the people making the news: George Glynos, Economist and Managing Director at ETM on the latest retail sales figures from Statistics South Africa; Steven Barker, Head of Home Loans on home loans and the festive season; Nikki Forster, Leader of Hospitality and Gaming at PwC on the outlook for the South African gaming industry; and Wayne Hook, CEO of the Spar Group on their annual results. Analyst for the evening Lavan Gopaul, Stockbroker at 28 E Capital 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 Ajay Lalu, BEE Expert at the Black Business Council; Murray Chabant, Managing Director at BEExchange; and Bruce Rowe, Managing Director and Owner of Mpowered Business Solutions with commentary from Adam Ismail, Director for Corporate Commercial at Edward Nathan Sonnenbergs.

PROGRAMME LINEUP

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Segment 1 - 11: 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:

Latest Retail Sales Figures from Statistics South Africa (Stats SA)

Guest:

George Glynos
Economist and Managing Director
ETM

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 3:

Home Loans and the Festive Season

Guest:

Steven Barker
Head of Home Loans
Standard Bank

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 4:

Report on the Violence in the Western Cape Escalating Due to the Farmworkers' Wage Dispute 

Reporter:

Mosehla Gwangwa

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Segment 5:

Report on the Johannesburg Philharmonic Orchestra (JPO) in Business Rescue After Financial Difficulty

Reporter:

Lee Kern 

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 6:

Commentary on the Performance of the Rand, Greece Avoiding Default and the Palladium and Platinum Sector

Commentator:

Lavan Gopaul
Stockbroker
28 E Capital

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 7:

Outlook for South Africa’s Gaming Industry Remains Positive

Guest:

Nikki Forster
Leader of Hospitality and Gaming
PwC

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 8:

Spar Group Full Year Results

Guest:

Wayne Hook
CEO
Spar Group

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 9:

Report on the e-tolls Meeting Being Poorly Attended 

Reporter:

Glenn Lewington 

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 10:

Commentary on the e-tolls affecting the Economy and Consumers, and the African National Congress (ANC) Calling for a Boycott of South African Wines 

Commentator:

Lavan Gopaul
Stockbroker
28 E Capital

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 11:

Amendments to Broad-based Black Economic Empowerment (BBBEE)

Guests (panel discussion):

Ajay Lalu
BEE Expert
Black Business Council (BBC)

Murray Chabant
Managing Director
BEExchange

Bruce Rowe
Managing Director and Owner
Mpowered Business Solutions

Commentator:

Adam Ismail
Director for Corporate Commercial
Edward Nathan Sonnenbergs (ENS)

DOWNLOAD AND LISTEN TO PODCAST HERE
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