The OFM Business Hour
The latest business news from Central SA. Presented by Olebogeng Motse.
Brandstof en energiekrisis
Neil Roets, hoof uitvoerende beampte van Debt Rescue, verduidelik waarom die woord "krisis" die energiesituasie in Suid-Afrika op die oomblik vir beide brandstof en energie die beste beskryf. Hy verduidelik ook of ons binnekort R20 vir petrol gaan betaal en gee raad aan verbruikers terwyl ons deur hierdie ongelooflike moeilike…
‘Eskom needs continuity’ – CEO on resignation calls
The Chief Executive Officer (CEO) of Eskom, Andre De Ruyter, will not resign from his position, despite mounting calls for him to do so. De Ruyter said in a virtual media briefing on Tuesday afternoon that the power utility needs continuity from a leadership/management perspective and whilst it’s easy to…
‘Blackouts are killing local business’ – NOCCI
Load shedding implemented by the country’s financially strained power utility, Eskom, is killing local business one outage at a time. The Chief Executive Officer (CEO) of the Northern Cape Chamber of Commerce (NOCCI), Sharon Steyn, is the latest member of small business in the country to share this sentiment. Steyn…
Private sector done its bit to fight Covid-19, but they could do more – WHO expert
World Health Organisation (WHO) Immunization officer and healthcare expert, Dr Messeret Shibeshi, has lauded the private sector’s contribution to the overall fight against the Covid-19 pandemic, but stresses more could be done. Shibeshi was on the OFM Business Hour to delve into the socio-economic ills that have been born/exacerbated by…
Assignment of temporary spectrum a pressure test for mobile network operators
The temporary assignment of radio frequency spectrum in 2020 was a pressure test for mobile network operators. The Chief Operating Officer (COO) of TNJ Project Solutions, Nash Manyozo, tells the OFM Business Hour, that mobile operators who could withstand the pressure that came with remote working and home schooling as…
AA wants to know why petrol price announcement was delayed
The Automobile Association (AA) will approach parliament to find out why the Department of Mineral Resources and Energy’s announcement on record high petrol prices was kept to the last minute on Election Day. On Wednesday already financially strained South Africans started paying R 1, 21 a litre for petrol, R…
Is it bye to the lay-bye?
The buy now, pay later movement on etailers was born from the traditional lay-bye. The Chief Executive Officer (CEO) and co-founder of Spot Money, Andre Hugo, tells the OFM Business Hour that this is what inspired the partnership between themselves and Payflex. Hugo warns that that even though the buy…
Werkplek-inentingsmandaat
Charleen de la Hunt, van 'n onafhanklike advokaatfirma, Innovation Legal, verduidelik of ongeënte mense in die werkplek toegelaat moet word, as dit die risiko verhoog om hul medewerkers te besmet. Sy verduidelik ook wat is die implikasies as infeksies in jou werkplek versprei en sy bespreek ook of 'n werkgewer…
Kenya ups the ante on war on counterfeit goods
Kenya has proposed anti-counterfeit recordation regulations that are set to up the ante on the country’s war on rampant counterfeit goods. OFM Business Hour, spoke to ENS Africa’s Mahesh Acharya to find out more on the regulations. The executive anticipates the regulations will be implemented before the end of 2021.
Kry besigheidsversekering wat soos handskoen pas
OFM Inhoudsbestuurder, Elzette Boucher-Krüger gesels met Louan van Rooyen, hoof-aktuaris by Besigheidsversekering, OUTsurance
Vaccination levels impacting recovery of commercial real estate
Vaccination levels are at the centre of the difference in the recovery of commercial real estate in first world cities versus third world ones. This is according to the Chief Executive Officer of Galetti Corporate Real Estate, John Jack, who was on the business hour to speak on the rising…
Should you quit your job and become a content creator full time?
Many of us have watched one or two YouTube videos in which content creators reveal they left their 9 to 5 jobs opting instead to create content full time and essentially become “online entrepreneurs”. Whilst content creation for many who loathe the idea of working for a boss or working…
Finansiele implikasies as jy jou werk verander
Finansiële adviseur, Marius Ferreira, verduidelik hoe beinvloed die verandering van jou werk jou finansiele beplanning as jy jou werk verander en verduidelik waar jy al die inligting van jou groeps voordele kan keer. Hy bespreek ook wat is die moontlike nagevolge as jy nie jou persoonlike dekking hersien wanneer jy…
Collaboration the key to helping NPOs get through tough times
Collaborative efforts are the key to helping non-profit organisations (NPOs) get through tough times financially amidst budget cuts for the private sector’s corporate social investment projects. The Executive Trustee and Co-Founder of the Nation Builder Trust, Keri-Leigh Pascal tells the OFM Business Hour that as a result of limited resources,…
Predicted fuel prices to hurt already burdened South Africans
The steep fuel prices that have been predicted by the Automobile Association (AA) for the end of October are set to put a further dent in the pockets of burdened South Africans. According to the North West University (NWU) Professor, Waldo Krugell, consumers are really struggling with the fuel price…
Are luxury senior living properties on the rise?
Is there a rising market for luxury senior living property developments? Well the OFM Business Hour spoke to Director at Collins Residential, Murray Collins, to find out more:
IDC grants SA cane growers R 85 million in relief
Some good news for South African cane growers who were brought to their knees by violent riots in Kwazulu-Natal and Gauteng in July 2021. On Tuesday the Minister of Trade and Industry, Ebrahim Patel, announced that government via the National Empowerment Fund (NEF) and the Industrial Development Corporation (IDC) has…
Record high fuel price hike on the cards
South Africans are being warned to brace themselves for some record breaking hefty fuel price hikes come end of October. The Automobile Association (AA) recently released its latest predictions for fuel price adjustments for this period describing it as “catastrophic” for citizens. AA spokesperson, Layton Beard, says petrol may go…
FS businesses call for SA’s stringent labour laws to be relooked
The Free State Black Business Chamber (FSBBC) has added its voice to calls for South Africa’s stringent labour legislation to be relooked. The chamber’s Chief Executive Officer (CEO), Lucky Motsamai, says the legislation as is, is hampering small businesses from thriving. He makes specific mention of the country’s controversial minimum…
North West University (NWU) Business School - Professor Nelda Mouton
Professor, Nelda Mouton, from the North West University (NWU) Business School tells us about the post graduate diploma in management.