22 October 2012, 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 news of the day including the new tender by a Chinese manufacturer to supply 95 electric locomotives to Transnet, the evidence under review of the Lonmin Marikana mine tragedy, Gold Fields issues a final warning to its workers, BUSA looks to examine Eskom's tariff request, and SARS worried about the latest tax statistics. Glenn Lewington also conducted in-depth interviews with the people making the news: Brian Dames, CEO of Eskom on their tariff rate application to Nersa; Kevin Hedderwick, CEO of Famous Brands on their interim results; Keith Brebnor, CEO of the Johannesburg Chamber of Commerce and Industry on the 15th International Business Forum - Green Business Session; and Herman Marais, Managing Partner at Agri-Vie on harnessing the potential of the food and agribusiness sector's positive influence on Africa's economic development. Analyst for the evening Tshepo Modiba, Portfolio Manager at Cannon Asset Managers 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 South Africa’s Medium-term Budget Policy Statement with guests Lullu Krugel, Senior Economist at KPMG; Mike Schussler, Chief Economist at Economists.co.za; and Deryck Janse van Rensburg, Stockbroker and Portfolio Manager at BoE Stockbrokers.

PROGRAMME LINEUP

________________________________________________________________________________

Segment 1 - 13: FULL PROGRAMME

DOWNLOAD AND LISTEN TO PODCAST OF THE FULL PROGRAMME HERE

________________________________________________________________________________

Segment 1:

Business and Financial News

DOWNLOAD AND LISTEN TO PODCAST HERE
_______________________________________________________________________________

Segment 2:

Eskom’s Tariff Hike Application to the National Energy Regulator of South Africa (Nersa)

Guest:

Brian Dames
CEO
Eskom

DOWNLOAD AND LISTEN TO PODCAST HERE
_______________________________________________________________________________

Segment 3:

Report on the Consortium Led by a Chinese Manufacturer as the Successful Bidder to Supply Electric Locomotives to Transnet

Reporter:

Jonathan Adams

DOWNLOAD AND LISTEN TO PODCAST HERE
________________________________________________________________________________

Segment 4:

Report on the Evidence Under Review for the Lonmin Marikana Mine Tragedy

Reporter:

Mosehla Gwangwa