19 July 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 day's news including the Monetary Policy Committee Repo Rate announcement, on the South African Revenue Service getting better at tax, calls for African leaders to be ambitious, industrialising the African continent, and central banks considering reforms. Glenn Lewington also conducted in-depth interviews with the people making the news: Kay Geldenhuys, Property Finance Manager at Ooba on the property market being ripe for first-time buyers; Doug Kuni, Managing Director of the SA Independent Power Producers Association on South Africa's energy crisis; Fikile Mhlontlo, Group Financial Manager at Denel on their financial results; Ravesh Ramlakan, CEO of FNB Cellphone Banking on their new Facebook app. Analyst for the evening, Craig Pheiffer, General Manager at Absa Investments 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 "A Business Response to the National Development Plan" with guests Lulu Krugel, Senior Economist at KPMG; Bobby Godsell, Chairman of Business Leadership South Africa, and Member of the National Planning Committee; and Tshego Sefolo, Managing Director at Zungu Investments Company with commentary from Ntutule Tshenye, B2G Corporate Citizenship Leader at Samsung Electronics Africa.

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

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 2:

Report on the Monetary Policy Committee (MPC) Interest Rate Cut Announcement

Reporter:

Glenn Lewington

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 3:

Property Market is Ripe for First-time Buyers

Guest:

Kay Geldenhuys
Property Finance Manager
Ooba

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 4:

Commentary on Brent Crude Oil and Fuel Prices

Commentator:

Craig Pheiffer
General Manager
Absa Investments

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 5:

Energy Crisis in South Africa

Guest:

Doug Kuni
Managing Director
South African Independent Power Producers Association (SAIPPA)

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 6:

Denel Financial Results

Guest:

Fikile Mhlontlo
Group Financial Director
Denel

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 7:

Report on the South African Revenue Service (SARS) Getting Better at Tax

Reporter:

Jonathan Adams 

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Segment 8:

Commentary on SARS Nearing One Million, Shell All Set for Fracking and AngloPlats Warns of a Profit Loss

Commentator:

Craig Pheiffer
General Manager
Absa Investments

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 9:

Report on the Call for African Leaders to be Ambitious and Industrialising the African Continent

Reporter:

Kgomotso Mathe

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Segment 10:

Report on the Central Banks Considering Reforms

Reporter:

Mosehla Gwangwa

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Segment 11:

First National Bank (FNB) Launches a New Banking Facebook Application

Guest:

Ravesh Ramlakan
CEO
FNB Cellphone Banking

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 12:

Commentary on Vodacom Boosting Customer Revenue and Nokia Losses Deepening

Commentator:

Craig Pheiffer
General Manager
Absa Investments

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 13:

A Business Response to the National Development Plan

Guests (panel discussion):

Lulu Krugel
Senior Economist
KPMG

Bobby Godsell
Chairman of Business Leadership South Africa (BLSA), and 
Member of the National Development Committee

Tshego Sefolo
Managing Director
Zungu Investments Company (Zico)

Commentator:

Ntutule Tshenye
B2G Corporate Citizenship Leader
Samsung Electronics Africa

DOWNLOAD AND LISTEN TO PODCAST HERE
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On Air
00:00 - 07:00

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