The OFM Business Hour
The latest business news from Central SA. Presented by Olebogeng Motse and produced by Aaron Masemola.
27
JAN
NWU Prof weighs in on bilateral talks between SA and US, Russia
High level talks with regards to South Africa’s economic relations with the US and Russia have recently taken place in South Africa. Professor Raymond Parsons, economist at NWU Business School, sheds more light on this.
25
JAN
Cricket tour anticipated to attract 13 000 first timers to Bloemfontein
Free State Cricket Chief Executive Officer (CEO), Johan van Heerden, anticipates that the upcoming SA vs Eng One Day International (ODI) series will draw 13 000 first timers to Bloemfontein. The Free State Cricket boss tells the OFM Business Hour that the presence of these spectators in the ‘City of Roses’ for the weekend will inject much needed revenue into the Free State economy.
25
JAN
ICC's inaugural U-19 women's T20 World Cup - a resounding success
The first-ever ICC under-19 women’s T20 World Cup is underway! The semi-finals and finals will be played at the JB Marks Oval in Potchefstroom. Olebogeng Motse spoke to Sunette Viljoen, ambassador of the ICC under-19 women’s T20 World Cup, about this exciting tournament.
18
JAN
Load-shedding task team on the cards for agri sector
South Africa’s Minister of agriculture, land reform & rural development, Thoko Didiza, is in the process of setting up a task team to gauge the impact of loadshedding on the agriculture sector. This revelation was made by Christo van der Rheede, Agri SA’s Executive Director during his sit-down with the OFM Business Hour.
13
JAN
Die sleutel tot potgooi-sukses? Ontwikkel jou nis
Die sleutel tot 'n suksesvolle potgooi lê daarin om jou nis te vind en te ontwikkel. So sê Jacques Basson, gesoute verkoops- en bemarkingsbestuurder wat sewe jaar gelede die Afrikaanse sakepotgooi, Klipkouers, begin het - terwyl hy nog kniediep sy eie sakebelange in die buiteland gehad het.
13
JAN
Podcasting a key marketing tool for businesses
Podcasts are being viewed as an important tool for people to build their businesses and brands. OFM's Olebogeng Motse had a conversation with Vuyo November, who is the founder and Chief Executive Officer (CEO) of the Casalena Group on why he decided to start his own podcast. He believes the podcast called “21st century millionaire” will contribute positively to his own brand and the brand of his business. “People usually take you seriously if they can hear your thoughts on particular issues, especially the ones that are happening within your industry,” says November.
10
JAN
'Gee voorkeur aan plaaslike diensverskaffers tydens groot geleenthede'
Die president van die Mangaung Kamer van Koophandel en Nywerheid (MCCI), Nancy de Sousa, beklemtoon dat plaaslike diensverskaffers en besighede voorkeur moet geniet wanneer groot geleenthede in sentraal Suid-Afrika plaasvind. De Sousa het gepraat met verwysing na die ANC se verjaardagvieringe op 8 Januarie, wat die afgelope naweek in Bloemfontein en omliggende gebiede plaasgevind het.
10
JAN
Ramaphosa re-election leads to easing of policy uncertainty
The North West University’s (NWU’s) Policy Uncertainty Index (PUI) dropped to 53,2 in the fourth quarter of 2022 following the re-election of Cyril Ramaphosa as the President of the African National Congress (ANC). NWU Economics Professor, Waldo Krugell, tells the OFM Business Hour, that the index stood at 59,6 in the third quarter of 2022 following persistent load shedding in the country. But has appeared to have eased in the fourth quarter albeit still being in negative territory.
19
DEC
2022
Adapting to 5IR requires a ‘softening of the attitudes’
Adapting to the Fifth Industrial Revolution (5IR) will require a softening of attitudes by organisations. This is according to Chris VanderWalt, the founder and Managing Director of Sapiens@work who explained to the OFM Business Hour that the 5IR marks a development of a symbiotic relationship between technology, data, artificial intelligence and human beings. VanderWalt says the 5IR will move the pendulum back to human beings in organisations and in workplaces.
29
NOV
2022
OFM Sake-uur: Hoe beter jy klante behandel, hoe beter jou besigheid-Willie Grove
Die Grovés streef daarna om die gesinswaardes, wat hul besigheid die sukses maak wat dit vandag is, blywend te maak.
Hul onderneming, wat 'n huishoudelike naam vir baie is, is in die 1900's gestig en word al vir meer as 'n eeu lank bedryf.
Hul onderneming, wat 'n huishoudelike naam vir baie is, is in die 1900's gestig en word al vir meer as 'n eeu lank bedryf.
28
NOV
2022
Software escrow agreements a must-have for IT systems
Active software escrow agreements are increasingly becoming a must-have for businesses as insolvencies surge across varied industries including information technology (IT). Guy Krige, Director at Escrow Europe, tells the OFM Business Hour, that software end users (clients) are at risk should their software developers end up disappearing owing to financial constraints or being acquired by a bigger company.
23
NOV
2022
41% of SA businesses experienced a loss in revenue due to ransomware – Mimecast
Roughly 41% of South African businesses experienced some loss in revenue due to ransomware over the last year. This is according to Duane Nicol, senior product manager for Awareness Training at Mimecast who was on the OFM Business Hour on Monday to unpack the findings outlined in Mimecast’s State of Ransomware Readiness 2022 report. Nichol warns that cybercriminals will up the ante over the festive season as retailers seek to make the most of the period from a profit perspective.
