24 July 2012, 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 Greece’s AAA rating under review and the Pilgrim’s Rest court application being rolled over. Glenn Lewington also conducted in-depth interviews with the people making the news: Karen Heese, Founder and Economist at Municipal IQ on the problems that continue to plague local government; Sandeep Mahajan, Task Team Leader for the South African Economic Update Series at the World Bank; Frans Cronje, Deputy CEO at the South African Institute of Race Relations on the rise of no-fees schools; Felix Ubogu, Head of Asset Consulting at Liberty Corporate on the Euro crisis highlighting emerging markets as a safe haven; and Nicholas Biekpe, Professor of Development Finance and Econometrics at the UCT Graduate School of Business on the Business Confidence of the SMME sector continuing to die. Analyst for the evening, Mark Ingham, Director at Ingham Analytics 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 Legal System" with guests Frans Cronje, Deputy CEO at the South African Institute of Race Relations; Tessie Bezuidenhout, Chief Director for Operations Inland at the Office of the Chief Master at the Department of Justice and Constitutional Development; Gerrit Pretorius, Former Chairman of the General Council of the Bar; Nondumiso Gagela, Deputy Master of the Johannesburg Masters Office at the Department of Justice and Constitutional Development; and Debbie Schafer, Shadow Deputy Minister of Justice and Constitutional Development for the Democratic Alliance and Chairman of the Western Cape Judicial Committee of the Magistrates Commission with commentary from Steve Swart, Member of Parliament for the African Christian Democratic Party.

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:

Problems Continue to Plague Local Government

Guest:

Karen Heese
Founder and Economist
Municipal IQ

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 3:

Commentary on International Tourism Not Being Affected, Local Government Problems and Eskom

Commentator:

Mark Ingham
Director
Ingham Analytics

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 4:

Report on the Pilgrim’s Rest Court Application Being Rolled Over

Reporter:

Mosehla Gwangwa


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Segment 5:

Circumstances at Birth are Important Drivers of Inequality in South Africa

Guest:

Sandeep Mahajan
Task Team Leader for the South Africa Economic Update Series

World Bank

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 6:

Rise in No-fees Schools

Guest:

Frans Cronje
Deputy CEO
South African Institute of Race Relations (SAIRR)

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 7:

Report on the Greece AAA Rating Under Review

Reporter:

Lee Kern 

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 8:

Euro Crisis Highlights Emerging Markets as Safe Havens

Guest:

Felix Ubogu
Head of Asset Consulting
Liberty Corporate

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 9:

Business Confidence for the Small to Medium Enterprise Sector Continues to Decline

Guest:

Nicholas Biekpe
Professor of Development Finance and Econometrics
UCT Graduate School of Business

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 10:

Commentary on the Medical Schemes Act Discriminating and Possible Strikes

Commentator:

Mark Ingham
Director
Ingham Analytics

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 11:

South Africa's Legal System

Guests (panel discussion):

Frans Cronje
Deputy CEO
South African Institute of Race Relations (SAIRR)

Tessie Bezuidenhout
Chief Director for Operations Inland at the Office of the Chief Master
Department of Justice and Constitutional Development

Gerrit Pretorius
Former Chairman
General Council of the Bar

Nondumiso Gagela
Deputy Master of the Johannesburg Masters Office
Department of Justice and Constitutional Development

Debbie Schafer
Shadow Deputy Minister of Justice and Constitutional Development at the 
Democratic Alliance (DA), and 
Chairman of the Western Cape Judicial Committee of the Magistrates Commission

Commentator:

Steve Swart
Member of Parliament
African Christian Democratic Party (ACDP)

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

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