24 April 2013, Wednesday

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 Exxaro wanting to sell one of its collieries, the results of an investigation by the public protector into the Consumer Commission, FastJet entering the South African market, and Barclays' restructuring impacting profits. Glenn Lewington also conducted in-depth interviews with the people making the news: Mohammed Nalla, Head of Strategic Research for Global Markets at Nedbank Capital on the fuel price; Kyle Hayward, General Manager for Africa Operations at FastJet on their entry into the South African market; Kenneth Matabane, Director of Corporate and Legal Affairs at ICAS Southern Africa on the cost of the current labour strikes in South Africa; and Neerejh Ramlakhan, Consultant at the Metal Industries Benefit Funds Administrators on investing one billion Rand in renewable energy. Market commentator for the evening Ian Cruickshanks, Independent Analyst provided commentary on the over-recovery of the petrol price, the performance of the Rand, Vodacom topping a reputation survey and tight electricity supplies. In the second half of the programme at 18h30, Glenn chaired a one-hour discussion on the weekly topic, namely "South Africa’s Armed Forces" with guests Prof. Anthoni van Nieuwkerk, Centre for Defence and Security Management, Graduate School of Public and Development Management at Wits University; and Ryan Cummings, Chief Africa Analyst at red24 with commentary from Andrew Feinstein, Former Chairman of the Parliamentary Standing Committee on Public Accounts; Leah Wawro, Project Officer of the Defence and Security Programme at Transparency International; and Shirley Wakefield, Managing Director at Pondering Panda.

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:

Brief Petrol Price Relief on the Cards

Guest:

Mohammed Nalla
Head of Strategic Research for Global Markets
Nedbank Capital

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 3:

FastJet to Enter South African Market Via South African Partnership and Placing

Reporter:

Lee Kern

Guest:

Kyle Hayward
General Manager for Africa Operations
FastJet

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 4:

Cost of the Current Labour Strikes in South Africa

Guest:

Kenneth Matabane
Director of Corporate and Legal Affairs
ICAS Southern Africa

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 5:

Metalworkers Pension Funds Invest One Billion Rand in Mergence Renewable Energy Fund

Guest:

Neerejh Ramlakhan
Consultant
Metal Industries Benefit Funds Administrators (Mibfa)

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 6:

Report on Exxaro Looking to Sell One of Its Colliery

Reporter:

Glenn Lewington

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 7:

Report on the Public Protector's Finding that the Department of Trade and Industry General Abused Power

Reporter:

Glenn Lewington

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 8:

Report on Restructuring Eating into Barclays Profits

Reporter:

Jonathan Adams

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Segment 9:

Commentary on the Petrol Price Over-recovery, Performance of the Rand, Vodacom Topping a Reputation Survey and Tight Electricity Supplies

Commentator:

Ian Cruickshanks
Independent Analyst

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 10:

South Africa's Armed Forces (Part Three)

Guests (panel discussion):

Prof Anthoni van Nieuwkerk
Centre for Defence and Security Management, and
Graduate School of Public and Development Management at the Wits University

Ryan Cummings
Chief Africa Analyst
red24

Commentators:

Andrew Feinstein
Former Chairman  
Parliamentary Standing Committee on Public Accounts (SCOPA)

Leah Wawro
Project Officer of the Defence and Security Programme
Transparency International

Shirley Wakefield
Managing Director
Pondering Panda

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

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