The OFM Business Hour
The latest business news from Central SA. Presented by Olebogeng Motse.
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.
SA’s resilience and sense of community will get us through economic challenges
South Africa will get through its present socio-economic challenges through resilience and a sense of community. These are the words of Sebastiaan Messerschmidt, Consul General at the Netherlands Consulate in Cape Town who was on the OFM Business Hour to speak on the insights made at the annual #cocreateDESIGN festival…
Finansiele behoefte bepaling vir risiko versekering
Finansiële adviseur, Marius Ferreira, verduidelik watter faktore speel ‘n rol wanneer jy jou behoeftes vir risiko versekering wil bepaal. Hy bespreek ook watter faktore of gebeurtenisse jou risiko behoeftes sal beinvloed en wat jy kan doen as jy nie al die dekking volgens jou behoefte bepaling kan bekostig nie.
Eiendom Stokvel
Shaun Rademeyer, verduidelik wat eintlik 'n eiendomsstokvel is en 'n paar van die hoofdoelwitte van 'n eiendomstokvel. Hy verduidelik ook 'n paar van die belangrikste geleenthede of voordele van 'n eiendom Stokvel en wat is die belastingimplikasies daaraan verbonde. Uiteindelik, deel hy 'n paar wenke as jy belangstel in 'n…
Oatly vs Glebe farm foods IP lawsuit a cautionary tale to central SA businesses
In June 2021, Swedish company, Oatly, unsuccessfully dragged an unknown United Kingdom (UK) based family company to court over the latter’s oat drink called Pure Oaty. Oatly – now the world’s largest oat drink producer – accused Glebe Farm Foods in the UK, of trademark infringement and ‘passing off’. ENS…
Not quite the end of the traditional in-person retail store
The acceleration of ecommerce doesn’t quite signal the end of the traditional in-person retail store. Head of Sales at XLink, Celine Thungaveloo, stresses that this doesn’t mean that not embracing migration to online shopping in favour of the in-person experience will bode well for one’s business. Thungaveloo says having a…
Win with Resurgence through Nature with Mantis - Week 6: Dr Konrad Van Staden
Healthy body, healthy mind... It is said that we feel emotions in our bodies. If you experience stress at work, and let’s be honest, midst a global pandemic, we are all more stressed than usual, regardless of our jobs, you need to offset that tension not only through mental stimulation…
Data oortreding in Suid Afrika
Manie van Schalkyk, CEO of SAFPS (Southern African Fraud Prevention Service), verduidelik wat gebeur het met die Departement van Geregtigheid wat onlangs aangekondig het dat dit 'n slagoffer was van 'n kuberaanval sowel as African Bank. Hy bespreek ook wat die Suid -Afrikaanse wet sê oor kubermisdaadgevalle en of kubermisdadigers…
Hoe om jou besigheid suksesvol voor te lê
Pieter du Plessis van GUDGU, verduidelik wat is die belangrikste elemente wat entrepreneurs nodig het om te onthou wat anders is as om jou besigheidsidee persoonlik voor te lê. Hy bespreek ook die geheime formule vir 'n suksesvolle onderneming.
Sars uses third parties to clamp down on non-compliant taxpayers
The South African Revenue Service (Sars) is determined to raise enough taxes to reach the country’s expenditure needs and aim to make use of third parties to do so. This is according to ENS Africa Director, Mansoor Parker, who was unpacking the country’s tax gap on the OFM Business Hour…
#OFMBusinessHour: Be honest about your money habits
The key to being good with your money is honesty especially regarding your spending habits. This is according to GCI Wealth Manager, Natasja Hart, who was on the OFM Business Hour, to speak on what good debt is as compared to bad debt. Hart says good debt tends to be…
Mining and agriculture to be hardest hit by latest tax bills
The cyclical nature of both the mining and agriculture industries places businesses in these industries at risk of being hardest hit by the draft 2021 tax bills which seek to restrict assessed losses for SA businesses. Director at ENS Africa’s tax division, Kristel van Rensburg, explains that the amendments will…
Gas omskakeling n alternatiewe energie opsie vir motoriste
Frank Mac NICOL, Nationale Voorsitter van ARA (Automotive Remanufacturers’ Association), verduidelik hoe kan gas-omskakeling n voordeel wees vir motoriste en ook hoe bekostigbaar is LPG – Liquified Petroleum Gas. Hy bespreek ook of enige werkswinkel n voertuigkan ombou vir gas.
Covid-19 deaths of business executives disrupted day-to-day activities
Often times when we speak of the impact of Covid-19 on businesses we focus on halted trading. Rarely do we speak on the disruption the death of an executive or a strategic partner has on the day-to-day activities/functioning of a business. Rose Nkhasi, the President of the Free State Goldfields…
Win with Resurgence through Nature with Mantis - Week 5: Dr. Konrad van Hagen
Healthy body, healthy mind... It is said that we feel emotions in our bodies. If you experience stress at work, and let’s be honest, midst a global pandemic, we are all more stressed than usual, regardless of our jobs, you need to offset that tension not only through mental stimulation…
Thinking of travelling abroad? Don’t forget your travel insurance
The Covid-19 pandemic has changed everything and made all the things we used to gloss over like travel insurance, all the more important. Old Mutual Insure Spokesperson, Christelle Colman, tells the OFM Business Hour how important travel insurance is and gets into other precautions prospective travelers must take when considering…