27 June 2013, Thursday

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 expected rise in the fuel price, the taxi industry worrying about taxi fares being too low and micro-lenders driving miners’ wage demands. Glenn Lewington also conducted in-depth interviews with the people making the news: Cecily Carmona, Principal at A. T. Kearney on their Foreign Direct Investment Confidence Index; Annabel Bishop, Group Economist at the Investec Group on Producer Price Inflation figures for May from Statistics South Africa; Brad Gillis, CEO for regulated products at BankservAfrica on their latest Disposable Salary Index; Arthur Goldstuck, Managing Director at World Wide Worx on the MasterCard Online Shopping Survey; CEOs Brian Molefe of Transnet, and Robin Berry of Sentula Mining Limited on their respective companies' final financial results. Independent Market Analyst, Ian Cruickshanks provided commentary on consumer price inflation expectations steady at 6%, producer price inflation slowing to 4.9%, local industry turnover down 2.7% in the first quarter, Transnet announcing a rise in coal, iron ore exports, the Johannesburg Stock Exchange remaining flat, Wall Street climbing on Gross Domestic Product data, and grants placing a huge burden on taxpayers. 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 Andrew Bembridge, Head of Property at Edward Nathan Sonnenbergs; Kevin Mileham, Shadow Deputy Minister of Rural Development and Land Reform at the Democratic Alliance with commentary by Dr Anthea Jeffery, Head of Special Research at the South African Institute of Race Relations; and John Kane-Berman, CEO of 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:

A. T. Kearney Foreign Direct Investment Confidence Index

Guest:

Cecily Carmona
Principal
A. T. Kearney


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Segment 3:

Producer Price Inflation (PPI) Figures for May from Statistics South Africa (Stats SA)

Guest:

Annabel Bishop
Group Economist
Investec Group

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 4:

Latest BankservAfrica Disposable Salary Index

Guest:

Brad Gillis
CEO for Regulated Products
BankservAfrica

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 5:

MasterCard Online Shopping Survey

Guest:

Arthur Goldstuck
Managing Director
World Wide Worx (WWW)

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 6:

Report on the Petrol Price to Increase by 90 Cents per Litre

Reporter:

Glenn Lewington

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 7:

Transnet Annual Financial Results

Guest:

Brian Molefe
Group Chief Executive
Transnet

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 8:

Sentula Mining Limited Final Financial Results

Guest:

Robin Berry
CEO
Sentula Mining Limited

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 9:

Report on the South African National Taxi Council (Santaco) Saying Taxi Fares are too Low

Reporter:

Glenn Lewington


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Segment 10:

Report on Micro-lenders Driving Miners’ Wage Demands

Reporter:

Glenn Lewington

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 11:

Commentary on Consumer Price Inflation expectations steady at 6%, Producer Price Inflation slowing to 4.9%, local industry turnover down 2.7% in the first quarter, Transnet announcing a rise in coal, iron ore exports, the Johannesburg Stock Exchange remaining flat, Wall Street climbing on Gross Domestic Product data, and grants placing a huge burden on taxpayers

Commentator:

Ian Cruickshanks
Independent Market Analyst

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 12:

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

Guests (panel discussion):

Andrew Bembridge
Head of Property
Edward Nathan Sonnenbergs (ENS)

Kevin Mileham
Shadow Deputy Minister of Rural Development and Land Reform
Democratic Alliance (DA)

Commentators:

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

John Kane-Berman
CEO
SAIRR

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

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