17 April 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 the funeral of Baroness Margaret Thatcher, the acquisition of South Africa’s biggest fruit exporter, the Western Cape freeway improvement project possibly creating jobs, the Northam Platinum strike continuing, and the discovery of a rare blue diamond in Cullinan. Glenn Lewington also conducted in-depth interviews with the people making the news: Christie Viljoen, Senior Economist at NCK Independent Economists on the March Consumer Price Inflation figures from Statistics South Africa; Raoul Gamsu, CEO of Consolidated Infrastructure Group on their interim financial results; Luke Doig, Senior Economist at Credit Guarantee Insurance Corporation on their South African Business and Economic Review; Nicolas de Sousa, Marketing and Operations Director at Traditional Brands on how local entrepreneurs can improve the economy; and Dave Mohr, Chief Investment Strategist at Citadel on their South African Equity and Economic Outlook. Market commentator for the evening Simon Brown, CEO and Founder of JustOneLap.com provided commentary on the performance of gold, the Rand, and the International Monetary Fund commenting on South Africa lagging behind. In the second half of the programme at 18h30, Glenn chaired a one-hour discussion on the weekly topic, namely "Bargaining Councils in South Africa" with guests Thulani Mthiyane, Secretary General at the Metal and Engineering Industries Bargaining Council; Loane Sharp, Labour Economist at Adcorp; Cedric Gina, President of the National Union of Metalworkers of South Africa; Michael Bagraim, Partner at Bagraim Attorneys and Labour Law Specialists with commentary from Wallace Albertyn, Labour Consultant at Labourman.

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:

March Consumer Price Inflation (CPI) Figures from Statistics South Africa (Stats SA)

Guest:

Christie Viljoen
Senior Economist
NCK Independent Economists

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Segment 3:

Report on Baroness Margaret Thatcher Laid to Rest

Reporter:

Glenn Lewington

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Segment 4:

Consolidated Infrastructure Group (CIG) Interim Financial Results

Guest:

Raoul Gamsu
CEO
Consolidated Infrastructure Group (CIG)

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Segment 5:

Report on South Africa's Biggest Fruit Exporter Acquired

Reporter:

Glenn Lewington

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Segment 6:

Report on the Planned e-tolls on the N1 and N2 in the Western Cape Creating Jobs

Reporter:

Mosehla Gwangwa

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Segment 7:

Report on the Northam Platinum Strikes Continuing

Reporter:

Lee Kern