20 May 2013, Monday

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 Rand under pressure as the National Union of Mineworkers demands a sixty percent increase meanwhile Solidarity only requests a ten percent increase from mines, and Mercedes-Benz workers embark on an illegal strike. Glenn Lewington also conducted in-depth interviews with the people making the news: Neil Campbell, Member of the Gauteng Provincial Legislature, and Transport Spokesman at the Democratic Alliance on the South African National Roads Agency Limited misleading the public with their advertisements; and CEOs Shameel Joosub of Vodacom, Dr Richard Friedland of Netcare, Leon Kirkinis of African Bank, and Clive Thompson of Barloworld on their respective companies’ financial results. Market commentator for the evening Chris Gilmour, Analyst at Absa Investments provided commentary on African Bank suffering as debtors default, wage demands send Rand tumbling, Solidarity only wants a ten percent hike from mines, and Vodacom boosts profit by twenty three percent. In the second half of the programme at 18h30, Glenn chaired a one-hour discussion on the weekly topic, namely "Retirement Planning" with guests Peter Atkinson, National Technical Portfolio Manager at the Financial Intermediaries Association of South Africa; Lara Warburton, Managing Director at Imara Asset Management; and John Kinsley, Managing Director of Unit Trusts at Prudential Portfolio Managers with commentary from Richard Carter, Director of Allan Gray Life at Allan Gray.

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:

The South African National Roads Agency Limited (Sanral) is Misleading the Public with their Advertisements

Guest:

Neil Campbell
Member of the Gauteng Provincial Legislature, and
Transport Spokesman at the Democratic Alliance (DA)

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 3:

Report on the Rand Under Pressure as the National Union of Mineworkers Demands a Sixty Percent Increase Meanwhile Solidarity Only Requests a Ten Percent Increase from Mines

Reporter:

Glenn Lewington

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 4:

Report on Mercedes-Benz Workers Embarking on an Illegal Strike

Reporter:

Glenn Lewington

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 5:

Vodacom Annual Financial Results

Guest:

Shameel Joosub
CEO
Vodacom

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 6:

Netcare Interim Financial Results

Guest:

Dr Richard Friedland
CEO
Netcare

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 7:

African Bank Interim Financial Results

Guest:

Leon Kirkinis
CEO
African Bank

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 8:

Barloworld Interim Financial Results

Guest:

Clive Thomson
CEO
Barloworld

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 9:

Commentary on African Bank Suffering as Debtors Default, Wage Demands Send Rand Tumbling, Solidarity Only Wants a Ten Percent Hike from Mines, and Vodacom Boosts Profit by Twenty Three Percent

Commentator:

Christopher Gilmour
Analyst
Absa Investments

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 10:

Retirement Planning (Part One)

Guests (panel discussion):

Peter Atkinson
National Technical Portfolio Manager
Financial Intermediaries Association of South Africa

Lara Warburton
Managing Director
Imara Asset Management

John Kinsley
Managing Director of Unit Trusts
Prudential Portfolio Managers

Commentator:

Richard Carter
Director of Allan Gray Life
Allan Gray

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

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with Deano Maduramuthu

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