18 October 2012, 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 news of the day including the call from President Jacob Zuma to lead by example with suspending executive's pay benefits, Lonmin Marikana workers stay away from work, consumers owe more than trillions of Rands in debt and the Mxit CEO steps down. Glenn Lewington also conducted in-depth interviews with the people making the news: Rob Spanjaard, Investment Director at Rezco Asset Management on the Rand weakening on political instability; David Kneale, CEO of Clicks on the company's annual results; Paul Joubert, Senior Economics Researcher at the Solidarity Research Institute on their latest banking charges report; Eileen Wilton, Interim CEO of Gijima on her new role at the company; and Pieter Bosch, Executive Director at TrelleborgVibracoustic-Ikhwezi on their new business venture. Analyst for the evening, Mohammed Nalla, Strategic Analyst at Nedbank Capital 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 Edward Kieswetter, Group CEO at Alexander Forbes; Tony Healy, Labour Lawyer and Analyst; and Chris Hart, Chief Economist at Investment Solutions with commentary from Moogsyn Jones, Deputy Director of Human Resources at the City of Joburg.

PROGRAMME LINEUP

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Segment 1 - 13: 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:

Report on the Call by President Jacob Zuma for Executives to Suspend Pay Benefits

Reporter:

Mosehla Gwangwa

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Segment 3:

Rand Could Weaken to Ten Rand to the Dollar on Political Instability

Guest:

Rob Spanjaard
Investment Director
Rezco Asset Management

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 4:

Report on Workers at Lonmin’s Marikana Mine Staying Away from Work

Reporter:

Glenn Lewington