17 October 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 new Zimbabwean low cost airline carrier Fresh Air, President Jacob Zuma calling on striking miners to return to work, the South African National Roads Agency Limited defending the e-tolls contract, and the new deal for PetroSA and their annual report. Glenn Lewington also conducted in-depth interviews with the people making the news: Dennis Dykes, Chief Economist at the Nedbank Group on the August 2012 Retail Sales figures from Statistics South Africa; Richard Pike, CEO of Adcorp Holdings on their interim results; Nazeem Martin, Managing Director at Business Partners on the four million Rand fund launched to benefit entrepreneurs; Nic Andrew, Head of Nedgroup Investments on looking beyond headlines around the news and looking further into the story; and Kalyani Pillay, CEO of the South African Banking Risk Information Centre warning businesses to be wary of the latest banking details scam. Analyst for the evening, Ian Cruickshanks, Independent Financial Markets Analyst 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 Ian Cruickshanks, Independent Financial Markets Analyst; Kgosientso Ramokgopa, Tshwane Mayor; and Cheryllyn Dudley, Member of Parliament at the African Christian Democratic Party with commentary from Kobus Marais, Member of Parliament and Shadow Minister of Public Service and Administration at the Democratic Alliance.

PROGRAMME LINEUP

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Segment 1 - 12: 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:

August 2012 Retail Sales Figures from Statistics South Africa (Stats SA)

Guest:

Dennis Dykes
Chief Economist
Nedbank Group

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 3:

Report on the Call by President Jacob Zuma for Striking Workers to Return to Work

Reporter:

Mosehla Gwangwa

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 4:

Report on Fresh Air, the New Zimbabwean Registered Low Cost Airline

Reporter:

Glenn Lewington