18 September 2013, Wednesday

In this edition of Classic Business at 18h00, Anchor Glenn Lewington broadcast a half hour news bulletin featuring the top Business stories of the day followed by up-to-date financial indicators including the Department of Public Works misspending over R3.5 billion, the latest Department of Labour Industrial Action Report, and digital municipal bills. Glenn also conducted in-depth interviews with the people making the news: Annabel Bishop, Group Economist at Investec on August Consumer Price Inflation and Retail Sales figures from Statistics South Africa; Johannes Grosskopf, Banking and Capital Markets Leader at PwC Africa on its latest banks analysis; John Loos, Household and Property Sector Strategist at FNB; Andrew Hannington, CEO of Grant Thornton Johannesburg on the Global Dynamism Index 2013; Neil Emerick, Associate at the Free Market Foundation on the Economic Freedom of the World Annual Report; Grant Whitaker, Consultant to BDO on Department of Trade and Industry incentives; and CEOs Christopher Hlekane of the South African Post Office, Mark Harris of Kagiso Media, and Pete da Silva of Jasco on the respective companies' financial results. Market Analyst Viv Govender, Senior Analyst at Vunani Private Clients provided commentary on the Public Works Department misspending, African Bank warning of profits plunge on bad debts, Government urged to reward business for jobs, violence undermining strike demands, car production hit as parts dry up, and South African consumers spend more on booze than medicine. In the second half of the programme at 18h30, Glenn chaired a one-hour discussion on the weekly topic, namely "Basic Education" with guests Patti McDonald, Consultant to the Times Media Education; Jonathan Snyman, Researcher at the South African Institute of Race Relations Unit for Risk Analysis; and Yesh Surjoordeen, PPS Computing Category Manager at Hewlett-Packard South Africa with commentary by Annette Lovemore, Member of Parliament and Shadow Minister of Basic Education at the Democratic Alliance.

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:

Headlines and Indicators

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Segment 2:

Report on the Department of Public Works Misspending over R3.5 Billion

Reporter:

Glenn Lewington

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Segment 3:

Report on the Department of Labour Industrial Action Report

Reporter:

Lee Kern

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Segment 4:

Consumer Price Inflation and Retail Sales Figures from Statistics South Africa (Stats SA)

Guest:

Annabel Bishop
Group Economist
Investec


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Segment 5:

PwC Banks Analysis

Guest:

Johannes Grosskopf
Banking and Capital Markets Leader
PwC Africa

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 6:

FNB-TPN Review of Yields on Residential Investment Properties

Guest:

John Loos                                                                                                           
Household and Property Sector Strategist 
FNB                               

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Segment 7:

Global Dynamism Index 2013 Reveals South African Drivers for Growth are Severely Lacking

Guest:

Andrew Hannington
CEO
Grant Thornton Johannesburg

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Segment 8:

Economic Freedom of the World: 2013 Annual Report

Guest:

Neil Emerick
Associate
Free Market Foundation (FMF)

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Segment 9:

Report on the Municipal Bills to be Sent via MMS and Email

Reporter:

Glenn Lewington

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 10:

South African Post Office (SAPO) Financial Results

Guest:

Christopher Hlekane
CEO
SAPO

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Segment 11:

Kagiso Media Financial Results

Guest:

Mark Harris
CEO
Kagiso Media

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Segment 12:

Jasco Year-end Financial Results

Guest:

Pete da Silva
CEO
Jasco

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Segment 13:

Department of Trade and Industry Incentives

Guest:

Grant Whitaker
Consultant
BDO

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  Segment 14:

Commentary on the Public Works Department misspending, African Bank warning of profits plunge on bad debts, Government urged to reward business for jobs, violence undermining strike demands, car production hit as parts dry up, and South African consumers spending more on booze than medicine

Commentator:

Viv Govender
Senior Analyst
Vunani Private Clients

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 15:

Basic Education (Part Three)

Guests (panel discussion):

Patti McDonald
Consultant 
Times Media Education

Jonathan Snyman
Researcher
South African Institute of Race Relations Unit for Risk Analysis

Yesh Surjoordeen
PPS Computing Category Manager
Hewlett-Packard South Africa

Commentator:

Annette Lovemore
Member of Parliament, and
Shadow Minister of Basic Education at the Democratic Alliance (DA)

DOWNLOAD AND LISTEN TO PODCAST HERE
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On Air
05:30 - 09:30

Classic Breakfast

with Deano Maduramuthu

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