15 May 2013, 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 day’s news including Moody's saying South Africa's resurgent labour unrest is threatening its rating, the Eurozone remaining in recession, a buyout offer for Lonrho, Transnet reaching a wage agreement, and a buyout of Cipla South Africa by Cipla India. Glenn Lewington also conducted in-depth interviews with the people making the news: Peter Major, Mining Consultant of Cadiz Corporate Solutions on a strike in South Africa’s platinum belt; Annabel Bishop, Group Economist at Investec Group Economics on the latest retail sales; Neren Rau, CEO of the South African Chamber of Commerce and Industry on trade activity; Wayne Hook, CEO of the SPAR Group on its results; John Anderson, Managing Director for Research and Product Development at Alexander Forbes on its pension index; Andrew Möller, CEO of Citadel on its rebranding; Norman Ndaba, Africa Power and Utilities Sector Leader at Ernst & Young on its business pulse report; and Dr Grant Hatch, Managing Director of Sustainability Strategy at Accenture on a discussion on global sustainability. Market commentator for the evening Deryck Janse van Rensburg, Stockbroker and Portfolio Manager at Nedgroup Private Wealth Stockbrokers provided commentary on the equity markets, a strike at Lonmin’s local operations, the platinum industry in South Africa, and trade conditions. In the second half of the programme at 18h30, Glenn chaired a one-hour discussion on the weekly topic, namely "South Africa’s Strike Season" with guests Herméne Koorts, Member of the Provincial Legislature, and Party Whip at the Congress of the People; Joe Mothibi, Director at Norton Rose South Africa; Loane Sharp, Labour Economist at Adcorp with commentary by Terry Bell, Freelance Writer, Editor and Analyst.

PROGRAMME LINEUP

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Segment 1 - 16: 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:

Lonmin Workers Strike for Second Day

Guest:

Peter Major
Mining Consultant
Cadiz Corporate Solutions

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Segment 3:

Report on South Africa's Resurgent Labour Unrest Could Threaten Rating Says Moody's

Reporter:

Glenn Lewington


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Segment 4:

Report on the Eurozone Back into Recession

Reporter:

Lee Kern

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Segment 5:

Retail Sales Figures from Statistics South Africa (Stats SA)

Guest:

Annabel Bishop
Group Economist
Investec Group Economics

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Segment 6:

South African Chamber of Commerce and Industry (SACCI) Trade Conditions Survey for April 2013

Guest:

Neren Rau
CEO
SACCI

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 7:

Report on the United Kingdom Lonrho Receiving a Buyout Offer of Nearly Double its Market Value

Reporter:

Mosehla Gwangwa

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Segment 8:

SPAR Group Interim Financial Results

Guest:

Wayne Hook
CEO
SPAR Group

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Segment 9:

Report on Transnet Reaching a Pay Deal Breakthrough

Reporter:

Glenn Lewington

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Segment 10:

Alexander Forbes Pension Index

Guest:

John Anderson
Managing Director for Research and Product Development
Alexander Forbes

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Segment 11:

Report on Cipla India Buying Cipla South Africa 

Guest:

Glenn Lewington

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Segment 12:

Citadel Rebranding

Guest:

Andrew Möller
CEO
Citadel

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Segment 13:

Business Pulse: The Top Ten Risks and Opportunities in 2013

Guest:

Norman Ndaba
Africa Power and Utilities Sector Leader
Ernst & Young

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 14:

Global Sustainability Discussion

Guest:

Dr Grant Hatch
Managing Director of Sustainability Strategy
Accenture

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Segment 15:

Commentary on the Equity Markets, a Strike at Lonmin’s Local Operations, the Platinum Industry in South Africa, and Trade Conditions

Commentator:

Deryck Janse van Rensburg
Stockbroker and Portfolio Manager
Nedgroup Private Wealth Stockbrokers

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 16:

South Africa's Strike Season (Part Three)

Guests (panel discussion):

Herméne Koorts
Member of the Provincial Legislature, and
Party Whip at the Congress of the People (COPE)


Joe Mothibi
Director
Norton Rose South Africa
 

Loane Sharp
Labour Economist
Adcorp

Commentator:

Terry Bell
Freelance Writer, Editor and Analyst

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

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