The OFM Business Hour
The latest business news from Central SA. Presented by Olebogeng Motse.
Eskom’s tariff hike may be last straw for many businesses
The latest plan by Eskom to apply for a 32% tariff hike that will be implemented on 1 April 2023 is seen as unacceptable by the Northern Cape Chamber of Commerce and Industry (Nocci), as the hike might lead to some businesses closing down. OFM’s Olebogeng Motse chats to the…
Purchase some real estate on the Metaverse
Sceptical about the Metaverse? Purchase some real estate there anyway says Rogerwilco Chief Executive Officer (CEO) Charlie Stewart. He was on the OFM Business Hour unpacking key findings on the Metaverse in the 2022 SA Digital Customer Experience which he co-authored alongside Amanda Reekie from ovatoyou and Julia Ahlfeld of…
The importance of a Will explained - National Wills Week
12 to 16 September is National Wills Week – the sole purpose of the week is making people aware of the importance of having a valid Will. A Will is seen as such an important document it is because it is the only legal document that has a standing of…
BLSA weighs in on centralisation of work visa applications
The Chief Executive Officer (CEO) of Business leadership South Africa (BLSA), Busiswe Mavuso, unpacked the recent decision by the Home Affairs department to centralize all work visa applications on the OFM Business Hour.
Jagersfontein mine was always a disaster waiting to happen
Jagersfontein resident and community activist, Lebogang Phoofolo, tells the OFM Business Hour that the slime dam in the mining town was always a disaster waiting to happen. This comes after the slime dam belonging to diamond mining company Jagersfontein Developments breached on Sunday, 11 September damaging houses and vehicles. The…
DESTEA ups the ante on supporting FS businesses
Makalo Mohale, the MEC of the Free State Department of Economic, Small Business Development, Tourism and Environmental Affairs (DESTEA) tells the OFM Business Hour what they are doing to better support businesses in the province.
Read of the Week – The Rat Race
Vuyo November, the Bloemfontein entrepreneur behind Rat Race: Escaping Life’s Financial Trap, says passion is the first key to success for any entrepreneur. He shares more insights from the read of the week with the OFM Business Hour.
Vaal businesses remain resilient despite challenges
Klippies Kritzinger, the President and Chief Executive Officer (CEO) of the Golden Triangle Chamber of Commerce (GTCoC) says businesses in the Vaal area remain resilient despite challenges brought about by poor service delivery and difficult economic conditions.
NOCCI weighs in on removal of Kimberley food bus
Sharon Steyn, the Chief Executive Officer (CEO) at the Northern Cape Chamber of Commerce and Industry (NOCCI) lets the OFM Business Hour in on how businesses are doing presently and also weighs in on the dramatic removal of a popular food bus located in Kimberley by the Sol Plaatje Local…
SA’s eight insurance companies raided in price fixing investigation
The offices of eight long-term insurance companies were raided last week in connection with a price fixing and collusion investigation undertaken by the Competition Commission of South Africa. The Commission’s spokesperson, Sipho Ngwema, tells the OFM Business Hour, that the alleged misconduct, which was reported to them by an industry…
'SA government can alleviate burdened citizens' - Cosatu FS
The provincial secretary for Cosatu in the Free State, Monyatso Oa Mahlatsi tells the OFM Business Hour that there are measures that the South African government can implore to alleviate the burden of the high cost of living on citizens. He says these measures include sourcing cheaper brent crude oil…
Electra Mining Africa - Charlene Hefer
Olebogeng Motse speaks to Portfolio Director: Mining & Industrial, Charlene Hefer, from Electra Mining Africa, Southern Africa’s biggest mining, electrical, automation, manufacturing, power and transport trade exhibition taking place at the Expo Centre, Nasrec in Johannesburg, 9am to 5pm daily; from 5-9 September 2022.
Understanding the ESG movement
James Brand, a senior associate in the Natural Resources and Environment department at ENS Africa unpacks what environmental, social and governance (ESG) credentials are on the OFM Business Hour and explains why this movement is gaining traction globally.
Sol Plaatje owed about R 1 billion by departments and businesses
The spokesperson of the Sol Plaatje Local Municipality, Thoko Riet, tells the OFM Business Hour that government departments and businesses in Kimberley and surrounding areas owe about R 1 billion for services rendered. Riet says the municipality has now embarked on an operation to recoup the money owed.
CGA hopeful EU citrus regulatory impasse will be resolved
Special envoy responsible for market access and EU matters at the Citrus Growers Association of South Africa, Deon Joubert unpacks phytosanitary regulations introduced by the EU on SA's citrus exports and the impact thereof should the regulation remain in place.
FS fashion week set to boost local fashion designers
The founder and Chief Executive Officer (CEO) of the Free State Fashion Week, Candy Smith told the OFM Business Hour what attendees can expect during the event which is taking place from 29 September to 1 October 2022.
SA tyre prices could rise by between 17% and 41%
Tyre prices in South Africa could in the next year rise by between 17% and 41%. This is due to an application by the South African Tyre Manufacturers Conference (SATMC) for a dumping margin to be implemented on tyre imports from China. Charl de Villiers the chairperson of the Tyre…
Moqhaka weighs in on Kroonstad being crowned Kwêla's dorp van die jaar
Dika Kheswa, the spokesperson for the Moqhaka Local Municipality weighs in on Kroonstad's recent crowning as Kwêla's dorp van die jaar. Kheswa says Moqhaka is looking to partner up with more local businesses in improving the condition of the towns under its jurisdiction.
To install a generator or not to
Corlia van Zyl, the director in the property department at Bloemfontein headquartered law firm, Phatshoane Henney, delves into the considerations that one needs to make when installing a generator at your commercial or residential property. The conversation comes as President Cyril Ramaphosa presented an energy crisis plan during his address…
Rooibos industry disburses benefit-sharing funds to Khoi and San community
Adele du Toit, the spokesperson of the South African Rooibos Council unpacks the industry’s history making disbursement to the San and Khoi community on the OFM Business Hour.