The OFM Business Hour
The latest business news from Central SA. Presented by Olebogeng Motse.
Tourism sector losses R164bn
South Africa’s tourism sector lost an estimated R164 billion in spending by domestic and inbound visitors to the country in 2020 because of the Covid-19 pandemic. Blessing Manale, the spokesperson for the Tourism department, discusses some of the major challenges that the tourism sector has been facing over the last…
Behoefte bepaling vir aftree beplanning
Marius Ferreira, finansiële adviseur, verduidelik waarom dit so belangrik is om vir jou aftrede te beplan en hoe jy so gou as moontlik vir juu aftrede kan begin beplan. Hy bespreek ook of jy jou aftreeplan moet aanpas, en of daar iemand is wat jou kan help met die ingewikkelde…
New PAIA regulations places more responsibility on information officers’ shoulders
The latest published regulations pertaining to the Promotion of Access to Information Act (PAIA) places more responsibilities on information officers’ already burdened shoulders. According to Era Gunning from ENS Africa’s Banking and Finance Department these new PAIA Regulations, among other things, places a duty on the Information Regulator to publish…
Geheime formule vir 'n huislening
Mariena Cloete, Ooba huisleenings spanleier, verduidelik wat is die huidige goedkeuringskoerse vir huislenings en hoe belangrik dit is om soveel as moontlik te spaar vir 'n deposito. Sy deel ook 'n paar wenke wat jou kan help om jou huislening goedgekeur te kry.
You need to review your will annually
Setting up your will alone isn’t enough with respect to real estate planning. You also need to review said will annually to accommodate changes in your life. This is according to Coreen van der Merwe, the Director of Sovereign Trust SA Limited who was on the OFM business hour to…
Win with Resurgence through Nature with Mantis - Week 4 - Dr Emrie Van Staden
According to a 2017 study, conducted by SADAG on ‘Mental Health and Stigma in the Workplace’, 72% of the surveyed people said that mental illness was affecting their work performance and that their attempts to seek an understanding from their superiors were generally futile since 69% of them displayed indifference…
Covid-19 has brought mental health in the workplace under scrutiny
The Covid-19 pandemic has brought mental health/wellness in the workplace under intense scrutiny. Marketing Director at Infection Products, Annette Devenish, tells the OFM Business Hour, that she doesn’t believe enough is being done to prioritize mental health in South Africa, even though Covid-19 has made us more tolerant and empathetic…
Gasomskakeling 'n werklikheid vir SA motors
Attie Serfontein, Nationale Direkteur van ARA (Automotive Remanufacturers' Association), verduidelik waar het die gas-omskakeling projek vir ARA begin en hoekom dit so noodsaaklik is. Hy verduidelik ook die geleenthede wat voorlê ten opsigte van werkskepping en verduidelik of die wêreld genoeg gasreserwes het.
Flamingo Route
OFM Business Hour’s Olebogeng Motse talks to Dineka Lephowani about the Flamingo Route, one of five Free State routes that are named after popular South African animals and birds. The Route offers a range of attractions to make your holiday memorable… The Flamingo Route runs through the Lejweleputswa District, an…
SA Reserve Bank holds repo rate at 3,5%
South Africans can breathe a short sigh of relief as the Reserve Bank’s Monetary Policy Committee (MPC) has decided to keep interest rates on hold again this year. Reserve Bank Governor, Lesetja Kganyago, says the decision to keep the repurchase rate which is the rate at which commercial banks lend…
Individuele behoeftes met betrekking to persoonlike finansiele beplanning
Marius Ferreira, finansiële adviseur, verduidelik wat is die verskillende behoeftes waarvoor jy moet beplan en wanneer is die beste tyd om te begin beplan vir jou finansiele toekoms. Hy verduidelik ook hoe beinvoed veranderinge in jou persoonlike en professionele lewe jou behoeftes.
South Africans can stimulate the country’s tourism industry by travelling locally
When the United Kingdom updated its international travel rules at the top of this week, South Africa remained on the red list despite intensified vaccination efforts on the part of government. This development has caused quite the stir in South Africa with many lamenting that this is going to hurt…
SA economy grows by 1.2%
Dr. Francois Stofberg, Senior Economist at the Efficient Group, discusses which industries contributed the most to the recent growth in GDP. He also discusses how the record high unemployment level in SA have impacted our GDP for the second quarter of 2021 and some of the other hurdles that we…
Discover the Free State - Lion Route
The OFM Business Hour’s Olebogeng Motse talks to Keakabetse Ramokonopi about the Lion Route, one of five Free State routes that are named after popular South African animals and birds. The Route offers a range of attractions that will make your holiday memorable… If you want a taste of everything…
Win with Resurgence through Nature with Mantis - Week 3: 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…
Nasionale testamentweek
Renier Holtshauzen, welvaartbestuurder by Anchor, bespreek waarom dit so belangrik is om 'n testament te hê en wat sou gebeur as jy sonder 'n testament sterf. Hy bespreek ook hoe gereeld 'n mens hul testament moet opdateer.
Financiers looking into life policies and social media as a part of lending requirements
The Chief Executive Officer of Paragon Lending Solutions, Gary Palmer, says commercial financiers or lenders are becoming more conservative with respect to financing local businesses on the back of Covid-19, a sluggish economy and political instability. What is of interest is some of the requirements that financiers are now tightening…
Maintain your property to avoid losses ahead of severe weather
Home and business owners are encouraged to maintain their property adequately to avoid financial losses due to damage as a result of severe weather. Old Mutual Insure Spokesperson, Christelle Colman, tells the OFM Business Hour that insurers can ascertain the difference between damage to property as a result of severe…
Tyd vir terugploeg met NWK-lojaliteitprogram
Die boerderygemeenskap én die platteland is NWK se trots en daarom gee hulle graag terug. NWK se lojaliteitsprogram is ’n aansporing vir all klante van NWK en ’n manier om dankie te sê vir jarelange lojale ondersteuning. Die doel van die program is om klante te beloon vir hulle volgehoue…
Craft beer makers shift their focus to charity work
The Covid-19 pandemic has left alcohol producers on the brink, but many are choosing to focus their attention on charity work during this tough time. Michelle Erasmus, Board Member of the Craft Brewing Association of South Africa and owner of Pause Brewing tells the OFM Business Hour that some brewers…