26 June 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 the National Union of Mineworkers making a big wage demand to the Implats refinery, and the death of the father of modern oil trading and founder of Glencore. Glenn Lewington also conducted in-depth interviews with the people making the news: Ewald Kellerman, Head of Sales at FNB Home Loans on their Second Quarter Home Loans Report; Jon Cook, President and CEO of VML on buying a stake in the local digital company NATIVE; Duane Parnham, Executive Chairman at Giyani Gold on listing on the AltX board of the Johannesburg Stock Exchange; Christelle Fourie, Managing Director at MUA Insurance Acceptances on the Rand affecting insurance premiums; Jay Ireland, President and CEO for Africa at General Electric on their involvement within Africa; Elizabeth O’Leary, Executive Director at Khuthaza on realising the importance of women within the construction sector; and Mark Lindhiem, Head of Platform Services at Investment Solutions on the transparency of investment fees. Market Analyst Chris Gilmour from Absa Investments provided commentary on the National Union of Mineworkers seeking a huge pay hike from Implats, economist slamming the Association of Mineworkers and Construction Union’s wage demands, Chinese share down, and the National Prosecuting Authority is looking into a probe of construction companies that were fined. In the second half of the programme at 18h30, Glenn chaired a one-hour discussion on the weekly topic, namely "Land Issues on the Centenary of the Land Act of 1913" with guests Cedric Gina, President of the National Union of Metalworkers of South Africa; Leon Louw, Executive Director at the Free Market Foundation; and Neil Kirby, Director at Werksmans Attorneys with commentary from Dr Anthea Jeffery, Head of Special Research at the South African Institute of Race Relations.

PROGRAMME LINEUP

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Segment 1 - 12: 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:

Report on the National Union of Mineworkers (NUM) Making a Big Wage Demand to Implats Refinery

Reporter:

Glenn Lewington 

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 3:

Second Quarter First National Bank (FNB) Home Loans Tracker

Guest:

Ewald Kellerman
Head of Sales
FNB Home Loans

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 4:

Report on the Death of the Father of Modern Oil Trading and Founder of Glencore

Reporter:

Glenn Lewington

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 5:

United States Firm VML Buys Stake in Local Digital Company NATIVE

Guest:

Jon Cook
President and CEO
VML

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 6:

Giyani Gold Lists on the Johannesburg Stock Exchange (JSE)

Guest:

Duane Parnham
Executive Chairman
Giyani Gold

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 7:

Weakening Rand to Impact on Insurance Premiums

Guest:

Christelle Fourie
Managing Director
MUA Insurance Acceptances

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 8:

Partnering with Africa for Growth and Delivers Solutions

Guest:

Jay Ireland
President and CEO
General Electric Africa

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 9:

Realising the Potential of Women in the Construction Industry

Guest:

Elizabeth O’Leary
Executive Director
Khuthaza

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 10:

Demystifying Investment Fees

Guest:

Mark Lindhiem
Head of Platform Services
Investment Solutions

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 11:

Commentary on the National Union of Mineworkers seeking a huge pay hike from Implats, economist slamming the Association of Mineworkers and Construction Union's wage demands, and the National Prosecuting Authority looking into a probe of construction companies that were fined

Commentator:

Christopher Gilmour
Analyst
Absa Investments

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 12:

Land Issues on the Centenary of the Land Act of 1913 (Part Three)

Guests (panel discussion):

Cedric Gina
President
National Union of Metalworkers of South Africa (Numsa)

Leon Louw
Executive Director
Free Market Foundation

Neil Kirby
Director
Werksmans Attorneys

Commentator:

Dr Anthea Jeffery
Head of Special Research
South African Institute of Race Relations (SAIRR)

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

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