29 May 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 land claims process to be reopened. Glenn Lewington also conducted in-depth interviews with the people making the news: Ian Ollis, Member of Parliament and Shadow Minister of Transport at the Democratic Alliance on e-tolling; Lesiba Seshoka, Spokesman at the National Union of Mineworkers on the announcement of an agreement by Sibanye Gold; Justice Tootla, Deputy CEO at Thales South Africa on winning a Passenger Railway Association of South Africa contract worth R1.8 billion; Sandeep Mahajan, Lead Economist and Cluster Leader at the World Bank on their latest South Africa Economic Update; Yendor Felgate, CEO of Emergence Growth on their Employee Engagement Survey; Warren Geers, General Manager for Bonds and the Financial Derivative Trading Division at the Johannesburg Stock Exchange on cutting fees for interest rate and currency derivatives; Gary Palmer, CEO of Paragon Lending Solutions on how the changing landscape for banks is affecting the local commercial property industry; and Author, David Parmenter on key performance indicators. Market commentator for the evening Jean-Pierre du Plessis, Fixed Interest Strategist at Prescient Asset Management provided commentary on the United States stimulus debate hitting shares and bonds, bond yields rising as a weak Rand sparks a selloff, and the Organisation for Economic Cooperation and Development cutting its world growth forecast. 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 Colin Hill, Senior Solutions Manager for Financial Crimes and Risk Management at the SAS Institute; Patrick Devine, Data Security Specialist at Gijima; Michelle Dickens, Founder and Managing Director of the Tenant Profile Network; Charl Ueckermann, Managing Director at AVeS Cyber Security with commentary by Joe Ruthven, Business Unit Executive at IBM Security System.

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 the Land Claims Process to be Reopened

Reporter:

Jonathan Adams

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Segment 3:

Further Evidence Against e-tolling Revealed

Guest:

Ian Ollis
Member of Parliament, and
Shadow Minister of Transport at the Democratic Alliance (DA)

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Segment 4:

National Union of Mineworkers (NUM) says it is not Party to an Agreement Announced by Sibanye Gold

Guest:

Lesiba Seshoka
Spokesman
NUM

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Segment 5:

Thales Wins a R1.8 Billion Signalling Contract from Passenger Railway Association of South Africa

Guest:

Justice Tootla
Deputy CEO
Thales South Africa

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Segment 6:

Fourth South Africa Economic Update: Focus on Financial Inclusion

Guest:

Sandeep Mahajan
Lead Economist and Cluster Leader
World Bank

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Segment 7:

Employee Engagement Survey

Guest:

Yendor Felgate
CEO
Emergence Growth