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.
Glenn Lewington also conducted in-depth interviews with the people making the news: Loane Sharp, Labour Economist at Adcorp Analytics on the latest unemployment figures; Thaba Mufamadi, Chairman of the Parliamentary Standing Committee on Finance on the search for a new Auditor General; Mike Upton, CEO of Group Five and Steve Phiri, CEO of Royal Bafokeng Platinum on their respective companies’ financial results; Ferdi Dippenaar, Newly Appointed CEO of Village Main Reef on the restructuring of its board of directors; and Michelle Dickens, Founder and Managing Director of the Tenant Profile Network on clearance certificates and handling bad tenants.
Market Analyst Lavan Gopaul, Stockbroker at 28 E Capital provided commentary on gold climbing to its highest level in two weeks, Royal Bafokeng Platinum doubling its profit, the Rand rallying against the Dollar, brent crude oil slipping towards $108 a barrel, and US stock investors pinning hopes on retailers.
In the second half of the programme at 18h30, Glenn chaired a one-hour discussion on the weekly topic, namely “Corporate Social Investment Initiatives and Projects within the South African Context” with guests Shawn Theunissen, Head of Corporate Social Responsibility at Growthpoint Properties; Desiree Storey, Manager at the FirstRand Volunteers Programme; Royce van der Zwan, Group Marketing Director at the Tsebo Outsourcing Group; and Sara Butchart, Strategist at Kaelo Engage and Kaelo Stories of Hope with commentary by Dr Pieter Streicher, Managing Director at BulkSMS.com; and Heather Muller, Executive General Manager at the Society for Animals in Distress.