Previous Podcast 15 October 2012, Monday

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 minister of finance's surprise about the ratings agency Standard & Poor's downgrade of South Africa's sovereign rating, the continued illegal mining strike at Kumba Iron Ore and Bokoni Platinum mine, South African Airways assigns a new task team, Zimbabwe exports exceeds South Africa's imports, and Eskom urged to be clear about future price hikes. Glenn Lewington also conducted in-depth interviews with the people making the news: Ngwako Matsha, Communications Officer at the National Union of Mine Workers on broken down negotiations between unions and gold mining companies; Arnold Goldstone, CEO of Invicta Holdings on their plan to buy Singaporean company Kian Ann Engineering; Simphiwe Kondlo, CEO of the East London Industrial Development Zone on their new metal surface treatment plant; and Nimo Naidoo, Project Manager of Sanlam Business Partners Entrepreneur of the Year Competition on entrepreneurs urged to embrace online tools. Analyst for the evening Andrew Flavell, Portfolio Manager at Consilium Securities 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 "Unfilled Positions in the Government: Local, Provincial and National" with guests Lucy Holborn, Head of Research at the South African Institute of Race Relations; Loane Sharp, Labour Market Analyst at Adcorp Holdings; and Dave Steward, Executive Director of the Centre for Constitutional Rights with commentary from Professor Mthuli Ncube, Vice President and Chief Economist at the African Development Bank.

PROGRAMME LINEUP

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Segment 1 - 13: FULL PROGRAMME

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Segment 1:

Business and Financial News

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Segment 2:

Report on the Continued Illegal Strikes at Kumba Iron Ore and Bokoni Platinum Mine

Reporter:

Mosehla Gwangwa

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Segment 3:

Broken Down Talks Between Miners and Mining Unions

Guest:

Ngwako Matsha
Communications Officer
National Union of Mineworkers (NUM)

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 4:

Report on the South African Airways Task Team's New Assignment

Reporter:

Lee Kern