5 July 2012, 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 European Central Bank reducing its key interest rate, the Minister of Energy slamming transformation in the fuel industry and the latest on Zimbabwe's banks grab. Glenn Lewington also conducted in-depth interviews with the people making the news: Ettiene Retief, Chairman of the National Tax and South African Revenue Service Stakeholder Committees at the South African Institute for Professional Accountants on the Tax Administration ACT; Advocate Simi Pillay-van Graan, Executive at Business Against Crime South Africa on national non-ferrous crimes decreasing; Andrew Edge, Head of AusAID regional office at the Australian High Commission in Pretoria announcing new funding for water sanitation projects in Africa; and Gari Dombo, Managing Director at Alexander Forbes Insurance on vehicle valuations. Analyst for the evening, Ian Cruickshanks, Head of Treasury Strategic Research at Nedbank Capital provided commentary on various interest points that made the day's headlines. In the second half of the programme at 18h30, Glenn chaired a one-hour discussion on the weekly topic, namely "The Protection of State Information Bill" with guests Justine Limpitlaw, Legal Consultant and Non-executive Director of Media Monitoring Africa; Ernst Roets, Deputy CEO of AfriForum; Patrick Craven, National Spokesman at the Congress of South African Trade Unions; Murray Hunter, National Coordinator of the Right-2-Know Campaign; and Brian Dube, Spokesman for the Department of State Security; with commentary by Okyerebea Ampofo-Anti, Senior Associate at Webber Wentzel.

PROGRAMME LINEUP

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Segment 1 - 10: 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:

Serious Implications for All as the Tax Administration Act is Passed

Guest:

Ettiene Retief
Chairman of the National Tax and South African Revenue Services (SARS) Stakeholder Committees
South African Institute of Professional Accountants (SAIPA)

Commentator:

Ian Cruickshanks
Head of Treasury Strategic Research
Nedbank Capital

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 3:

Report on the European Central Bank Reducing its Key Interest Rate

Reporter:

Jonathan Adams

Commentator:

Ian Cruickshanks
Head of Treasury Strategic Research
Nedbank Capital

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 4:

National Non-ferrous Crime Combating Committee Sees Positive Results

Guest:

Advocate Simi Pillay-van Graan
Executive for Strategy
Business Against Crime South Africa

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 5:

Report on the Energy Minister Slamming Fuel Industry Black Economic Empowerment Levels

Reporter:

Mosehla Gwangwa

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Segment 6:

Report on the Response by the Zimbabwe Central Bank

Reporter:

Lee Kern

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Segment 7:

Australia Announces New Funding for Water and Sanitation Projects in Africa

Guest:

Andrew Edge
Head of the AusAID Regional Office
Australian High Commission (in Pretoria)

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 8:

Importance of Valuing your Vehicle Correctly

Guest:

Gari Dombo
Managing Director
Alexander Forbes Insurance

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Segment 9:

Commentary on the Zimbabwe Central Bank and Eskom’s Commitment to Growth Development

Commentator:

Ian Cruickshanks
Head of Treasury Strategic Research
Nedbank Capital

DOWNLOAD AND LISTEN TO PODCAST HERE
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Segment 10:

Protection of State Information Bill

Guests (panel discussion):

Patrick Craven
National Spokesman 
Congress of South African Trade Unions (COSATU)

Justine Limpitlaw
Legal Consultant and Non-executive Director
Media Monitoring Africa

Ernst Roets
Deputy CEO
AfriForum

Murray Hunter
National Coordinator
Right-2-Know Campaign

Brian Dube
Spokesman
Department of State Security

Commentator:

Okyerebea Ampofo-Anti
Senior Associate
Webber Wentzel

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

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