16 May 2013, 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 Anglo Platinum miners stopping work over proposed job cuts, most Lonmin workers return to work, a fund manager poll showing South Africa to be least favoured major emerging market, City of Cape Town rejecting e-tolls, Toyota becoming Asia’s biggest company, and Richemont’s final results. Glenn Lewington also conducted in-depth interviews with the people making the news: Piet le Roux, Senior Economics Researcher at the Solidarity Research Institute on the Business Licensing Bill; Brian Kantor, Chief Strategist and Economist at Investec Wealth and Investment on rescuing the platinum industry; Tom Pedersen, Director of Siemens Wind Power Division for Africa and the Middle East on Eskom’s sere wind farm; Jacques du Toit, Property Analyst at Absa Home Loans on the latest building activity figures; Ketso Gordhan, CEO of PPC on its annual results; and Danie Hanekom, Founder of SA Guarantee Specialists on the launch of GEXsa. Market commentator for the evening Ian Cruickshanks, Independent Analyst provided commentary on the Rand falling on labour concerns, Amplats facing a job cut revolt, most Lonmin workers reporting for duty, and Richemont's annual results. 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 Chris Landsberg, Advocate at LWO; Boitumelo Sethlatswe, Researcher at the Unit for Risk Analysis at the South African Institute of Race Relations; Candice Aletter, Legal Expert at PwC; and Lizle Louw, Director at the Employment Department at Edward Nathan Sonnenbergs with commentary from Srinivasan Venkatakrishnan, CEO of AngloGold Ashanti; Chris Schutte, CEO of Astral Foods; and Neal Froneman, CEO of Sibanye Gold.

PROGRAMME LINEUP

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Segment 1 - 15: 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:

Solidarity Calls for Scrapping of the Licensing of Businesses Bill of 2013

Guest:

Piet le Roux
Senior Economics Researcher
Solidarity Research Institute (SRI)

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 3:

Report on Anglo Platinum Miners Seizing Work Over Proposed Job Cuts

Reporter:

Mosehla Gwangwa

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Segment 4:

Report on Most Lonmin Workers Returning to Work and a Harmony Miner Killed in a Rail Accident

Reporter:

Glenn Lewington

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Segment 5:

Thinking in the Same Old Way Will Not Rescue the Platinum Industry

Guest:

Brian Kantor
Chief Strategist and Economist
Investec Wealth and Investment

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 6:

Report on Fund Manager Poll Showing South Africa to be the Least Favoured Major Emerging Market

Reporter:

Glenn Lewington

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 7:

Eskom’s Sere Wind Farm to be Constructed by Siemens South Africa

Guest:

Tom Pedersen
Director
Siemens Wind Power Division for Africa and the Middle East

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 8:

Absa Building Statistics

Guest:

Jacques du Toit
Property Analyst
Absa Home Loans

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 9:

Report on the City of Cape Town Saying e-tolls are Unlawful

Reporter:

Glenn Lewington

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Segment 10:

PPC Annual Results

Guest:

Ketso Gordhan
CEO
PPC

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 11:

GEXsa Launches in South Africa

Guest:

Danie Hanekom
Founder
SA Guarantee Specialists

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 12:

Report on Toyota Announced as Asia’s Biggest Company

Reporter:

Glenn Lewington

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Segment 13:

Report on Richemont's Final Results and the Chairman to Take a Year Off

Reporter:

Jonathan Adams

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Segment 14:

Commentary on the Rand Falling on Labour Concerns, Amplats Facing a Job Cut Revolt, Most Lonmin Workers Reporting for Duty, and Richemont's Annual Results

Commentator:

Ian Cruickshanks
Independent Analyst

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 15:

South Africa's Strike Season (Part Four)

Guests (panel discussion):

Chris Landsberg
Advocate
LWO

Boitumelo Sethlatswe
Researcher at the Unit for Risk Analysis
South African Institute of Race Relations (SAIRR)

Candice Aletter
Legal Expert
PwC

Lizle Louw
Director at the Employment Department
Edward Nathan Sonnenbergs (ENS)

Commentators:

Srinivasan Venkatakrishnan
CEO
AngloGold Ashanti

Chris Schutte
CEO
Astral Foods

Neal Froneman
CEO
Sibanye Gold

DOWNLOAD AND LISTEN TO PODCAST HERE
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On Air: 00:00 - 07:00
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16 May 2013, Thursday

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