27 March 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 BRICS countries reaching a deal on a BRICS Business Council, fuel prices expected to rise next week, Quantas and Emirates airlines joining forces, and Walmart facing a corruption probe. Glenn Lewington also conducted in-depth interviews with the people making the news: Marius Heyns, CEO of Basil Read, and Riaan Stassen, CEO of Capitec Bank on their latest financial results; Carron Howard, Portfolio Manager at Cadiz Asset Management on socially responsible investing; Lavan Gopaul, Stockbroker at 28 E Capital on pair trading; and Nazeem Martin, Managing Director at Business Partners Limited on their latest Small Medium Enterprise Confidence Index. Market Analyst for the evening Ricus Reeders, Portfolio Manager at PSG Konsult provided commentary on global data moving the markets, Amplats acquiring Atlas mining rights, the less than expected fuel price hike, and developments from the BRICS Summit. In the second half of the programme at 18h30, Glenn chaired a one-hour discussion on the weekly topic, namely "The Fifth BRICS Summit" with guests Thiru Pillay, Head of Consulting at Deloitte; Ernie Lai King, Executive of Tax at Edward Nathan Sonneberg; Jon Foster-Pedley, Dean of the Henley Business School; and Mteto Nyati, Managing Director at Microsoft South Africa with commentary by Barbara Span, Vice President for Public Affairs at Western Union.

PROGRAMME LINEUP

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Segment 1 - 12: FULL PROGRAMME

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Segment 1:

Business and Financial News

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Segment 2:

Report on BRICS Reaching a Deal on Business Council

Reporter:

Ayanda Melans

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Segment 3:

Report on Fuel Prices Expected to Rise Again

Reporter:

Glenn Lewington

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Segment 4:

Basil Reed Annual Financial Results

Guest:

Marius Heyns
CEO
Basil Read

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Segment 5:

Capitec Annual Financial Results

Guest:

Riaan Stassen
CEO
Capitec Bank

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Segment 6:

Report on Quantas and Emirates to Join Forces

Reporter:

Mosehla Gwangwa

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Segment 7:

Socially Responsible Investing

Guest:

Carron Howard
Portfolio Manager
Cadiz Asset Management

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Segment 8:

Pair Trading Strategies

Guest:

Lavan Gopaul
Stockbroker
28 E Capital

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Segment 9:

Report on Walmart Expecting Financial Losses Stemming from Corruption Probe

Reporter:

Glenn Lewington

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Segment 10:

Fourth Quarter Business Partners Limited Small Medium Enterprise Confidence Index

Guest:

Nazeem Martin
Managing Director
Business Partners Limited

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Segment 11:

Commentary on Global Data Moving the Markets, Amplats Acquiring Atlas Mining Rights, the Less-than-expected Fuel Price Hike, and Developments from the BRICS Summit

Commentator:

Ricus Reeders
Portfolio Manager
PSG Konsult

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Segment 12:

Fifth BRICS Summit

Guests (panel discussion):

Thiru Pillay
Head of Consulting
Deloitte

Ernie Lai King
Executive of Tax
Edward Nathan Sonneberg

Jon Foster-Pedley
Dean
Henley Business School

Mteto Nyati
Managing Director
Microsoft South Africa

Commentator:

Barbera Span
Vice President for Public Affairs
Western Union

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On Air
00:00 - 07:00

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