OFM The OFM Business Hour

The OFM Business Hour

The latest business news from Central SA. Presented by Olebogeng Motse.
Daily English South Africa Business · Daily News
964 Episodes
1 – 20

Earning above R21,198 per month? Take note

South Africa's Department of Employment and Labour recently implemented revisions to the earnings threshold, a crucial determinant under the Basic Conditions of Employment Act (BCEA). This alteration signifies a shift for workers whose salaries surpass R21,200 per month in 2024, as they will forfeit certain automatic protections. Shedding light on…
12 Apr 2AM 6 min

Call for meritocratic appointment of executives and board members in SOEs

According to the South African government’s official website, there are about 123 State Owned Enterprises in the country, operating at national, provincial and local levels. They are crucial to the development of South Africa, they play an instrumental role in ensuring success in a wide range of areas, and are…
28 Mar 8AM 11 min

Construction Contracts: get it clear, get it in writing (part 1)

Construction contracts formalise a project and reduce room for uncertainty or misinterpretation of the intention by the client; therefore – get it clear, get it in writing. This is the advice from Herman du Randt, senior associate at PH Attorney’s dispute resolution division. Du Randt tells the OFM Business Hour…
26 Mar 3PM 5 min

Rocking the Vaal slaag om plaaslike gemeenskappe nader aan mekaar te bring

Rocking the Vaal, wat verlede naweek in Vanderbijlpark gehou is, het wêreldrekords verbeter en daarin geslaag om plaaslike gemeenskappe nader aan mekaar te bring. Jaco Verwey, president van die Goue Driehoek Kamer van Koophandel, sê aan Kayla Barker van OFM Sake Uur die organisering van so ’n groot geleentheid is…
20 Mar 2AM 6 min

Questions around CIPC hack mount

Questions continue to mount over the breach at the Companies and Intellectual Property Commission (CIPC) with reports alleging hackers had access to the agency’s system since 2021. Weighing in on this and the recourse available to individuals and companies that have been compromised in the breach is Ridwaan Boda, the…
8 Mar 1PM 2 min

Cyber-attacks: SA has decent regulatory frameworks, but enforcement is lacking

South Africa has decent regulatory frameworks in place that respond to cyber-attacks, however, there is a lack of enforcement making the country a soft target. Ridwaan Boda, the head of Technology, Media, and Telecommunications Law at ENS Africa tells the OFM Business Hour that the Protection of Personal Information Act…
8 Mar 1PM 4 min

Deadline for public comments on poultry inquiry looms

The deadline for submissions or public comments in to the Competition Commission of South Africa’s poultry market inquiry is on the horizon. Economist at the Commission, Kagiso Zwane, tells the OFM Business Hour that the deadline is 15 March 2024 at 4:00 pm. Members of the public – those in…
7 Mar 12PM 7 min

Kommer oor breinkwyn van SA rekenmeesters (die tweede deel)

Die voortgesette breinkwyn van Suid-Afrika se rekenmeesters en ouditeure is ’n tweesnydende swaard. Leana van de Merwe, rekeningkundige en versekeringspesialis by Saipa, sê aan Kayla Barker dit is goed dat ons rekeningkundige professionaliteit hoog aangeslaan word. Die nadeel is die tempo waarteen Suid-Afrika die rekeningkundiges verloor.
5 Mar 12PM 3 min

UFS Business School celebrates 25 years

The UFS Business School is celebrating 25 years of being worth more. OFM’s Content Manager, Elzette Boucher-Kruger, spoke to Professor Nicolene Barkhuizen to find out what it offers and if adults can still enrol for this year.
4 Mar 11AM 6 min

Potchefstroom Sakekamer kies nuwe direksie ná voorsitter se uittrede

Die Potchefstroom Sakekamer het ’n nuwe direksie gekies nadat die voorsitter, Juanita Smit (neé Greyling), aangekondig het dat sy bedank. Smit, die kamer se eerste vrouevoorsitter, sê sy wil haar toespits op die uitbreiding van haar bemarkingsonderneming. Sy belowe sy sal steeds nou betrokke wees by die kamer, al is…
28 Feb 12PM 6 min

Unpacking product liability and recall insurance amid peanut butter recalls

Product recalls are a costly exercise, hence the significance of product liability and recall insurance. Molebatsi Langa, head of strategic retail accounts at Old Mutual Insure. unpacks product recall and liability insurance on the OFM Business Hour. This comes amid the recall and investigation by the National Consumer Commission (NCC)…
24 Feb 4PM 8 min

Kommer oor breinkwyn van SA rekenmeesters (die eerste deel)

Die voortgesette breinkwyn van Suid-Afrika se rekenmeesters en ouditeure is ’n tweesnydende swaard. Leana van de Merwe, rekeningkundige en versekeringspesialis by Saipa, sê aan Kayla Barker dit is goed dat ons rekeningkundige professionaliteit hoog aangeslaan word. Die nadeel is die tempo waarteen Suid-Afrika die rekeningkundiges verloor.
22 Feb 4AM 6 min

Wil jy jou huislening binne 5 jaar afbetaal?

Kan jy jou huislening in vyf jaar afbetaal? Potchefstroom se Koffiewinkelprokureur, Francois Vorster, sê die eenvoudige antwoord is, ja. In OFM Sakeuur se segment vir persoonlike finansies verduidelik hy die verskillende opsies wat beskikbaar is vir huiseienaars.
21 Feb 6AM 3 min

Clarens se prestasie toegeskryf aan samewerking

Eskom in die Vrystaat beklemtoon Clarens se onlangse sukses om ’n sogenaamde slim dorp te word, was nie maklik nie en het samewerking en vasberadenheid vereis. Eugene Myburgh, Eskom se Kliënteverhoudingsbestuurder, het aan OFM Sakeuur gesê die reis tot hier was baie moeite, maar die inwoners het dit aangepak met…
14 Feb 8AM 6 min

Trevor Noah SA ad a lesson in understanding your target market

The success of the Trevor Noah tourism campaign for South Africa serves as a reminder to understand your target market and ignore the noise when it comes to your marketing strategy. Bolawana Mags Shivanda, the founder and owner of Digital Shero, the digital marketing company that formed part of the campaign,…
13 Feb 7AM 7 min

Small business not considered regarding national minimum wage increase

Alan Mukoki, the Chief Executive Officer (CEO) of the South African Chamber of Commerce and Industry (SACCI) accuses government of only consulting big business regarding the National Minimum Wage (NMW) which will go up from R 25,42 to R 27,58 for each hour worked as of 1 March 2024. He…
8 Feb 7AM 6 min

Vrystaat Landbou spreek kommer uit oor minimumloon-verhoging

Die minister van indiensneming en arbeid, Thulas Nxesi, het Saterdag aangekondig dat die minimum loon vanaf 1 Maart tot R 27,58 per uur sal beloop. President van Vrystaat Landbou, Francois Wilken, verduidelik wat die invloed daarop vir die landbousektor is. Hy gesels saam met OFM joernalis, Dane Beisheim.
6 Feb 9AM 3 min

Business women's council expands to Central SA

The South African Council of Business Women (SACBW) is expanding to Central South Africa, adding Bloemfontein to its nationwide network. Risna Opperman, the newly appointed local business leader in the Free State, joined the OFM Business Hour to discuss the lack of networking opportunities for female entrepreneurs (fempreneurs), something that…
4 Feb 2PM 6 min
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