20 July 2012, Friday

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 banks optioning for a settlement instead of a fine for the interest rate-cut scandal and Microsoft's loss. Glenn Lewington also conducted in-depth interviews with the people making the news: Chris Griffith, CEO of Kumba Iron Ore on their interim results; Wynand Gouws, Head of Retail Distribution at OMIGSA on the rate cuts affecting pensioners; Wilhelm Hertzhog, Portfolio Manager at RE:CM on investors being urged to be wary of initial public offering; and Tracey Webster, CEO of the Branson Centre of Entrepreneurship on the need for more entrepreneurs. Analyst for the evening, Simon Brown, CEO of JustOneLap.com provided commentary on various interest points that made the day's headlines.

PROGRAMME LINEUP

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Segment 1 - 10: 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:

Pensioners Fighting to Survive After Rate Cuts

Guest:

Wynand Gouws
Head of Retail Distribution
Old Mutual Investment Group South Africa (OMIGSA)

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 3:

Kumba Iron Ore Interim Results

Guest:

Chris Griffith
CEO
Kumba Iron Ore

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 4:

Commentary on the Recent Rate Cuts, Kumba’s Interim Results and Fracking

Commentator:

Simon Brown
CEO and Founder
JustOneLap.com

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 5:

Report on Probed Banks Seeking Group Settlement

Reporter:

Kgomotso Mathe

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 6:

Investors Urged to be Wary of Initial Public Offering (IPO)

Guest:

Wilhelm Hertzhog
Portfolio Manager
RE:CM

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 7:

Report on Microsoft’s Loss

Reporter:

Jonathan Adams 

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 8:

Commentary on the Recent Rate Cuts, Kumba’s Interim Results and Fracking

Commentator:

Simon Brown
CEO and Founder
JustOneLap.com

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 9:

Need for More Entrepreneurs in South Africa

Guest:

Tracey Webster
CEO
Branson Centre of Entrepreneurship

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 10:

Commentary on De Beer’s Earnings Halving

Commentator:

Simon Brown
CEO and Founder
JustOneLap.com

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

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