The OFM Business Hour
The latest business news from Central SA. Presented by Olebogeng Motse.
Shell's Northern Cape oil and gas project cleared for drilling, local pushback mounts
Concern has been raised regarding the recent approval of the Environmental Impact Assessment (EIA) for Shell’s proposed Northern Cape Ultra Deep (NCUD) oil and gas exploration project. Advocacy organisations like the Green Connection and small-scale fishers like Deborah Deewee from Doringbaai argue that the approval disregards the livelihoods of coastal…
MTN’s Shesh@ continues enabling families through connectivity
MTN has long played a role in keeping families connected and now they’re taking it a step further with their Shesh@ 5G promotion. Bertus Van der Vyver, MTN SA’s General Manager for Residential and Postpaid, tells the OFM Business Hour that the Shesh@ 5G Home Internet plans are designed to…
Applications for NWU Business School's MBA and PGDip in management open
Simoné van Tonder shares how the North-West University (NWU) Business School's Postgraduate Diploma in Management and the Master of Business Administration (MBA) programmes develop ethical leaders ready to create impact in Africa and beyond. Applications for 2026 are open until 30 September.
Is die braaibroodjie ’n beter aanwyser van voedselinflasie?
Na die jongste inflasie-opdatering delf ons saam met Johann Biermann in die Braaibroodjie-indeks. Kan hierdie stukkie kulinêre trooskos, ’n knapperige kaas-en-tamatiebraaibroodjie, dalk meer oor voedselprysveranderinge verklap as amptelike statistiek? Ons gesels oor wat hierdie braaigunsteling ons leer oor die werklike koste van kos.
Woolworths triumphs over SARS on VAT issue
Woolworths recently emerged triumphant over SARS in the Supreme Court of Appeal in Bloemfontein where the parties battled it out over input VAT. It is a landmark and significant victory for Woolworths and Micaela Paschini, Team Lead: Tax Legal at Tax Consulting SA, unpacked it for the OFM Business Hour.
Closure of R708: MEC reacts to protest; community gives feedback
Free State MEC for Roads and Transport, Jabu Mbalula, has committed to meet with the community of Clocolan in the Eastern Free State. After numerous delays to repairs on the pot-hole riddled R708, the Clocolan Farmers’ Association, local taxi association, and other stakeholders closed the road in protest on Thursday…
Consumer Commission concerned about rise in SA vehicle recalls
The National Consumer Commission (NCC) has received recall notifications from three major leading automakers in SA for thousands of vehicles. NCC spokesperson, Pheto Ntaba unpacked the Volkswagen, Volvo and Toyota South Africa recalls on the OFM Business Hour. Further, noting that there appears to be a rise in the number…
Impact of tariffs on SA economy will be significant
The 90-day freeze on sweeping U.S. tariffs is set to expire on July 9, sowing economic uncertainty as the Trump administration works to revamp the terms of global trade. Frederick Mitchell, Chief Economist at Aluma Capital touched on the impact of tariffs on the South African economy.
U Go Girl founder shares the beauty and challenges of entrepreneurship in Central SA
Somaya Marais, founder of U Go Girl Driving Academy, a women-focused driving school that began in Bloemfontein and now operates in the Western Cape shares her journey of entrepreneurship. Following a panel discussion on the financial constraints facing SMMEs in the city, Marais unpacks the unique challenges of running a…
Het jy beheer oor jou geldsake?
Everest Wealth verstaan dat ’n mens se finansiële toekoms van die uiterste belang is. Hierdie privaat beleggings- en welvaartbestuursmaatskappy spesialiseer in alternatiewe beleggings wat spesifiek ontwerp word om aan die unieke behoeftes van kieskeurige kliënte te voldoen. Met ’n bewese rekord van sterk opbrengste, plaas hulle deursigtigheid en kliëntetevredenheid altyd…
Revolving short-term credit could derail your dream of owning a home
Did you know that revolving short-term credit could derail your dream of owning a home? For our 'business of me segment' Renier Kriek, the Managing Director at Sentinel Homes shares how. He spoke to OFM News' Rigardt Hug.
Salary increases - what’s realistic and what’s not in 2025
Lindiwe Sebesho, Master Reward Specialist and Executive Committee Member at the South African Reward Association (SARA) shares what is realistic and what is not in 2025 when it comes to salary increases.
Mafube-landboudorpie in finale fases van ontwikkeling
’n Landboudorpie, wat boere in Mafube en omliggende distrikte verder by produkontwikkeling in die waardeketting wil betrek, is in die finale fases van beplanning. Quintin Antunes, voorsitter van die distrikslandbou-unie, sê aan die OFM Sakeuur dat die dorpie omgewingsvolhoubaar en sonkragaangedrewe sal wees. Dit is daarop gemik om boere in…
Mafube-sakeforum sit stryd voort vir plaaslike ekonomie
Die Mafube-sakeforum (MBF) bly daartoe verbind om plaaslike besighede en nywerhede stap vir stap te ondersteun. Die MBF is reeds jare aan die voorpunt van pogings om besighede in die Mafube Plaaslike Munisipaliteit — wat die dorpe Tweeling en Frankfort insluit — teen die gevolge van finansiële wanbestuur en swak…
Upskill in 2025 with UFS Business School
Thinking about taking your career to the next level in 2025? Ketlareng Polori, Assistant Director at the University of the Free State Business School, joins the OFM Business Hour to unpack the range of programmes on offer, from short learning programmes to formal postgraduate qualifications.
‘South Africa is in survival mode’ – Dr Arno van Niekerk on budget 3.0
South Africa is in survival mode, and more needs to be done to stimulate economic growth. Dr Arno van Niekerk, economist and lecturer at the University of the Free State (UFS), had this to say in his post-budget speech 3.0 analysis. He shares more key takeaways from Finance Minister Enoch…
Trade Credit: a lifeline for struggling SA SMEs
South African small and medium enterprises (SMEs) continue to face a tough business climate, with poor profitability and limited access to external finance being the main reasons for failure. Dr Werner Henk Otto, lecturer and researcher at the University of the Free State, says trade credit can serve as a…
Workplace Skills Plan and Annual Training Report deadline looms
The submission deadline for the Workplace Skills Plan (WSP) and Annual Training Report (ATR) is 30 April each year. This applies to all South African employers registered for the Skills Development Levy (SDL) and must be met to remain eligible for funding and grants from their relevant Sector Education and…
Begrip van boedelsamesmelting
Boedelsamesmelting vind plaas wanneer twee persone – gewoonlik ’n getroude paartjie, maar nie noodwendig nie – saam ’n testament opstel waarin hulle hul bates kombineer en gemeenskaplik beskik oor wat met hul boedel moet gebeur ná hul afsterwe. Dit is ’n belangrike aspek van boedelbeplanning wat spesifieke regsimplikasies het. Op…
Lesotho textiles manufacturer and trade attorney react to tariffs and weighs in on SACU
This week, we turn to trade. The US has imposed tariffs on certain imports, hitting smaller Southern African economies hard, especially our neighbour Lesotho, which faces the highest rates worldwide. We hear from Teboho Kobeli, founder of Afri-Expo, on the impact for the denim sector, and Attorney Tefetso Kele explains…