27 May 2013, Monday

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 Germany broaching China over trade agreement, South Africa not at risk from unsecured credit, and police administrative staff set to protest over salary changes. Glenn Lewington also conducted in-depth interviews with the people making the news: Wayne Duvenage, Chairman for the Opposition to Urban Tolling Alliance on calls for public hearings feedback; Brian Richardson, CEO and Founder of Wizzit on South Africa and African Mobile Money Industry Developments; Jeremy Gardiner, Director at Investec Asset Management on offshore investing; and CEOs Kevin Hedderwick of Famous Brands, Michael van Straaten of Verimark, and Bernie Krone of Esorfranki on their respective companies’ results. Market commentator for the evening Lavan Gopaul, Stockbroker at 28 E Capital provided commentary on the Rand being slightly softer in subdued trade, Asian stocks mixed as German and French stocks open firm, oil down on China worries which could impact local fuel prices, and an update on e-tolling. In the second half of the programme at 18h30, Glenn chaired a one-hour discussion on the weekly topic, namely "Investigating Electronic Crime" with guests Susan Potgieter, General Manager of Commercial Crime at the South African Banking Risk Information Centre; Clive Gungudoo, Service Offering Manager at Standard Bank; and Khomotso Kganyago, Chief Security Advisor at Microsoft with commentary from Clive Pillay, Ombudsman for Banking Services.

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:

Opposition to Urban Tolling Alliance (OUTA) Calls for Public Hearings Feedback

Guest:

Wayne Duvenage
Chairman
OUTA

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Segment 3:

Report on Germany Broaching China Over Trade Agreement

Reporter:

Lee Kern

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Segment 4:

Famous Brands Annual Financial Results

Guest:

Kevin Hedderwick
CEO
Famous Brands

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Segment 5:

Verimark Year-end Results

Guest:

Michael van Straaten
CEO
Verimark

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Segment 6:

Esorfranki Annual Financial Results

Guest:

Bernie Krone
CEO
Esorfranki

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Segment 7:

Report on South Africa Not at Risk from Unsecured Credit

Reporter:

Glenn Lewington