22 October 2013, Tuesday

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 Afrimat expecting a first-half profit boost, Pick n Pay first-half profit rising 14%, and investors cheering BHP Billiton production numbers. Glenn also interviewed the newsmakers of the day: Merina Willemse, Economist at the Efficient Group on the South African Reserve Bank leading indicator; Dr Dion George, Member of Parliament and Spokesman on the Standing Committee on Public Accounts at the Democratic Alliance on the compensation fund being referred to the Special Investigative Unit for investigation; Niel Pretorius, CEO of DRDGold on its quarterly update; Ian Anderson, Chief Investment Officer at Grindrod Asset Management on listed property returns; and Darren Olivier, Partner at Adams and Adams Attorneys on draft intellectual property policy. Market analyst for the evening Ian Edwards, Wealth Manager at the deVere Group provided commentary on Finance Minister Pravin Gordhan needing to restore confidence, the mini budget unlikely to hike grants rise, eyes on Apple for new iPads at a United States event; Germany seeing a hike in foreigners, and gold remaining steady ahead of US data. In the second part of the programme at 18h30, Glenn chaired a one-hour discussion on the weekly topic, namely the "Mini Budget" with guests Luke Doig, Senior Economist at Credit Guarantee Insurance; Mike Dingley, Head of Tax at Mazars; Rowan Burger, Head of Alternative Investments at Momentum Employee Benefits; and Geoff Miller, CEO of TransUnion with commentary by Craig Pheiffer, Head of Private Client Asset Management at Absa; and Bernard Schoeman, Executive Director of The Tax Shop.

PROGRAMME LINEUP

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Segment 1 - 11: 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:

The South African Reserve Bank's Monthly Leading Business Cycle Indicator Rises

Guest:

Merina Willemse
Economist
Efficient Group

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 3:

Compensation Fund Referred to Special Investigative Unit for Investigation

Guest:

Dr Dion George
Member of Parliament, and
Spokesman on the Standing Committee on Public Accounts at the Democratic Alliance (DA)

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 4:

Report on Afrimat Expecting First Half Profit Boost

Reporter:

Glenn Lewington

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Segment 5:

DRDGold Quarterly Update

Guest:

Niel Pretorius
CEO
DRDGold

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Segment 6:

Report on Pick n Pay First Half Profit Up 14%

Reporter:

Glenn Lewington

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 7:

Report on Investors Cheering the BHP Billiton Production Numbers

Reporter:

Glenn Lewington

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Segment 8:

Draft Intellectual Property Policy Needs Further Consultation

Guest:

Darren Olivier
Partner
Adams and Adams Attorneys

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 9:

The Listed Property Sector has Returned More than 13% Since it Bottomed Towards the End of August

Guest:

Ian Anderson
Chief Investment Officer
Grindrod Asset Management

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 10:

Commentary on Finance Minister Pravin Gordhan needing to restore confidence, the mini budget unlikely to hike grants rise, eyes on Apple for new iPads at a United States event, Germany seeing a hike in foreigners, and gold remaining steady ahead of US data

Commentator:

Ian Edwards
Wealth Manager
deVere Group

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 11:

The Mini Budget (Part Two)

Guests (panel discussion):

Luke Doig
Senior Economist
Credit Guarantee Insurance

Rowan Burger
Head of Alternative Investments
Momentum Employee Benefits

Geoff Miller
CEO
TransUnion

Commentators:

Craig Pheiffer
Head of Private Client Asset Management
Absa

Bernard Schoeman
Executive Director
The Tax Shop

DOWNLOAD AND LISTEN TO PODCAST HERE
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00:00 - 05:30

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