The OFM Business Hour
The latest business news from Central SA. Presented by Olebogeng Motse.
Fancy some pork?
The demand for pork in South Africa is on the rise as households battle food inflation amongst other pressures. Domaine Rautenbach, Brand Manager at Eskort was on the OFM Business Hour to talk about pork’s popularity as lamb and beef prices soar.
McDonald’s is giving back
In April this year, extreme flooding in KwaZulu-Natal led to loss of life and thousands of homes being destroyed. McDonald’s South Africa launched the KZN Disaster Relief campaign to assist in with relief in the province. Every time a customer purchased their favourite McDonald’s meal, they could donate R5 that…
Destea targets web of illicit trading in FS
Mojalefa Mphapang, the spokesperson for the Free State Department of Economic, Small Business Development, Tourism and Environmental Affairs (Destea) tells the OFM Business Hour how the department is clamping down on illicit alcohol trading in the province.
Deelpan businesses ravaged by floods to receive relief
Vusi Zwane, the township economic development manager at non-profit company (NPC) Seriti, unpacks their flood relief programme aimed at assisting Deelpan businesses in the North West, following recent floods.
Technology continues to enhance the spectator experience in SA
Dell Technologies South Africa's Managing Director and Vice-President Doug Woolley delves into how technology continues to advance sport in South Africa. This comes amidst Dell's partnership with the South African Rugby Union (Saru). He spoke to the OFM Business Hour ahead of SA's test match against Wales in Bloemfontein.
Starbucks all geared up for expansion to BFN's Mimosa Mall
Starbucks South Africa is all geared up for the brand’s expansion to Bloemfontein in the Free State. Beverage Category Lead / Head of Coffee Platforms at Starbucks, Ishan Natalie as well as barista champions Teddy Nzama and Kusakusa Kingdom Khumalo (Kay Kay) were all on the OFM Business Hour to…
Wales and SA test match anticipated to inject R 48 million into BFN economy
South Africa’s clash with Wales this coming weekend in Bloemfontein, is anticipated to inject roughly R 48 million into the economy of the ‘city of roses’. The Chief Executive Officer (CEO) of the Free State Cheetahs, Ross van Reenen, tells Nick Efstathiou, the CEO of the Central Media Group, that…
AG must audit human resource practices in municipalities - Dr Harlan Cloete
Dr Harlan Cloete from the University of the Free State's (UFS') Department of Public Administration and Management is of the view that the Auditor General's office must audit human resource practices in municipalities. This as AG Tsakani Maluleke revealed last week that consultants made R1,26 billion in 2020/21 doing basic…
Employers should consult risk assessment before doing away with mask-wearing
Employers should before abandoning or maintaining mask-wearing in the workplace, consult their risk assessment first. ENS Africa employment executive, Lauren Salt, says this is to ensure that whatever decision is made regarding mask-wearing in the workplace is supported by a justifiable reason.
Sibanye Stillwater operations to take three-months to return to normal following lockout/strike
Sibanye Stillwater says it will take a three-months before operations in the country return to normal, following its lockout that came in the midst of wage related strike action. Last week Sibanye announced it had entered into a three-year wage agreement for its South African gold operations with the Association…
Imminent regulation will weed out 'dodgy weaker cryptos' in SA
The editor of Moneyweb Crypto, Ciaran Ryan, says the imminent regulation of cryptocurrencies in South Africa will weed out the dodgy and weaker cryptos. Ryan will be leading the alternative investment sessions at the Moneyweb 'better investor conference' to be held virtually on 22 and 23 June 2022.
‘The most common investment mistake is not doing enough research’ - Ryk van Niekerk (Moneyweb)
The most common mistake that South Africans make when it comes to investing is not doing enough research. Ryk van Niekerk, Moneyweb’s editor tells the OFM Business Hour that getting clued up on the A’s to Z’s of investing in the markets is crucial to making your money grow. This…
SA needs to double up on structural reforms to return to investment grade
South Africa needs to double up on structural reforms in order to have the country’s bonds revised to investment grade. This is according to Busisiwe Mavuso, the chief executive officer (CEO) of Business Leadership South Africa.
'Big concerts' in SA gaining momentum amidst Covid-19 related setbacks
The OFM Business had a sit down with the CEO of Big Concerts and MD of TicketmasterSA - Justin Van Wyk - on the recent announcements of upcoming concerts to South Africa. Among many things, he discusses the processes taken since the Covid-19 pandemic and the international trends seen in…
Solar alternatives with Nashua
With the current state of power delivery in South Africa, we spoke to Rikus Kruger, the head of sales for Nashua in the Free State, Northern Cape and Lesotho about the solar alternatives that Nashua delivers to the public.
Sunshine Tour returns to Kathu
The Sunshine Tour returns to Kathu in the Northern Cape, for the inaugural Sishen Classic, in partnership with Kumba Iron Ore, a subsidiary of Anglo American. The tournament will bring the country’s best back to Sishen Golf Club, 26 – 29 May 2022, where they will compete for the highest…
Want to invest in the property development sector?
Many investors are facing several issues when it comes to investment opportunities. The Business Hour's Olebogeng Motse spoke to Nick Morgan, co-founder of Opportunity Private Capital, to find out how they are helping to solve this problem.
Global Wellness Enterprises
With the portable Ozone Steam Sauna from Global Wellness Enterprises, you can enjoy the benefits of Ozone Technology anywhere, anytime. Jaco de Waal spoke to Marnitz Marais of Global Wellness Enterprises to find out more about the portable sauna. Disclaimer: This is not medical advice. Use at your own risk…
The Compensation Fund
The Compensation Fund is an entity of the Department of Employment and Labour. It is responsible for the provision of compensation, pension and medical benefits as well as rehabilitation services to employees who are injured or contracted diseases during the course of their employment. The portal for submitting the Return…
‘Ensure your financial housekeeping is in order’ – SA business lender
The Chief Executive Officer (CEO) and founder of Paragon Lending Solutions, Gary Palmer, urges small businesses to ensure that their financial housekeeping remains in order when approaching lenders for assistance.