23 July 2013, Tuesday

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 Duchess of Cambridge giving birth, and employment in the new vehicle manufacturing industry declining. Glenn Lewington also conducted in-depth interviews with the people making the news: Annabel Bishop, Economist at Investec Group on the South African Reserve Bank leading indicator falling; Lee-Ann du Toit, Head of Financial Wellness at Momentum on the UNISA Momentum Household Financial Wellness Index; Astrid Ludin, Commissioner for the Companies and Intellectual Property Commission on hoping to improve standards and cut costs; Geordin Hill-Lewis, Shadow Deputy Minister of Trade and Industry at the Democratic Alliance on gaps in the Lotto Bill which was presented to Parliament; and CEOs Wayne Samson of Ellies Holdings and Norman Mbazima of Kumba Iron Ore on their respective companies’ results. Market Analyst Craig Pheiffer, General Manager at Absa Investments provided commentary on MTN shares falling as the Chief Financial Officer resigns, strike weighing on Kumba profits, Asian shares higher on US stimulus hopes, and farmers concerned over low milk prices. In the second half of the programme at 18h30, Glenn chaired a one-hour discussion on the weekly topic, namely "Supporting the Arts and its Contribution to the Economy" with guests Andrew Human, CEO of the Loerie Awards; Doug Place, Marketing Executive at Ster-Kinekor Theatres; Claudine Ullman, Managing Director at Jittery Citizens and Freelance Performer; and Peter Harper, Creative Director and Owner of Peter Harper Productions with commentary from Christine Crouse, Artistic Director at the Cape Town Opera; and Sara Gon, Consultant in the Arts Sector.

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:

Business and Financial News

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 2:

Momentum UNISA Household Financial Wellness Index

Guest:

Lee-Ann du Toit
Head of Financial Wellness
Momentum

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 3:

South African Reserve Bank Leading Indicator Falls

Guest:

Annabel Bishop
Economist
Investec Group

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 4:

Report on the Duchess of Cambridge Giving Birth

Reporter:

Lee Kern 

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 5:

Report on Employment Rate in the New Vehicle Manufacturing Industry Declining

Reporter:

Glenn Lewington

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 6:

Companies and Intellectual Property Commission Hopes to Improve Standards and Cut Costs

Guest:

Astrid Ludin
Commissioner
Companies and Intellectual Property Commission


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Segment 7:

Kumba Iron Ore Interim Results

Guest:

Norman Mbazima
CEO
Kumba Iron Ore

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 8:

Ellies Holdings Full-year Financial Results

Guest:

Wayne Samson
CEO
Ellies Holdings

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 9:

Gaps in the Lotto Bill which was Presented to Parliament

Guest:

Geordin Hill-Lewis
Shadow Deputy Minister of Trade and Industry
Democratic Alliance (DA)

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 10:

Commentary on MTN shares falling as the CFO resigns, strike weighing on Kumba profits, Asian shares higher on US stimulus hopes, and farmers concerned over low milk prices

Commentator:

Craig Pheiffer
General Manager

Absa Investments

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 11:

Supporting the Arts and its Contribution to the Economy (Part Two)

Guests (panel discussion):

Andrew Human
CEO
Loerie Awards

Doug Place
Marketing Executive
Ster-Kinekor Theatres

Claudine Ullman
Managing Director at Jittery Citizens; and
Freelance Performer

Peter Harper
Creative Director and Owner
Peter Harper Productions (PHP)

Commentators:

Christine Crouse
Artistic Director
Cape Town Opera

Sara Gon
Consultant
Arts Sector

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

Classic Breakfast

with Deano Maduramuthu

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