The OFM Business Hour
The latest business news from Central SA. Presented by Olebogeng Motse.
Petrol prices increase by 91 cents
Layton Bread, Spokesperson for the Automobile Association, discusses what are some of the major reasons for these massive petrol price increases and explains the newly introduced slate levy of R6.58 by Mineral Resources Department. He also addresses rumours of fuel shortages in the short and long term after the recent…
NPOs need to shift their focus to measuring their ‘social impact’
Non-profit organisations need to focus on measuring the social impact of projects. This is according to OVCmeasure’s Chief Executive Officer (CEO), Meyer Conradie, who was speaking to the Business Hour about how measuring the numerical social impact of a project can provides insight into what projects NPOs need to continue…
Medies as deel van finanisiele beplanning
Marius Ferreira, finansiële adviseur, verduidelik hoe jy kan beplan vir jou mediese behoeftes en of die duurste plan altyd die beste plan is. Hy bespreek ook of dit nog steeds nodig is om vir jou eie mediese uitgawes te beplan as jou werk vir jou mediese fonds betaal.
Can your employer force you to take the Covid-19 vaccine?
Well the answer isn’t as simple as the question might suggest. ENS Africa Executive Lauren Salt says in theory yes, an employer can make the Covid-19 vaccine mandatory however one must be mindful of a few things. She says employers need to balance their rights as the heads of organizations…
Huise wat geskik is vir die pandemie
Mariena Cloete, spanleier by ooba Group, neem ons deur 'n paar statistieke rakende die tweede kwater van die huiskopermark kyk en en hoe covid-19 die manier waarop ons vaste eiendom en eiendom koop, heeltemal verander het. Sy verduidelik ook hoe die mededinging tussen die banke verbruikers help en as ons…
It will take alcohol producers another month to get going following latest booze ban
It will take the roughly 30 craft breweries that were on the brink of closure during the latest alcohol ban which was lifted on Sunday (25 July) to get up and going again. This is according to member of the Beer Association of South Africa (Basa) Apiwe Nxusani-Mawela who was…
Belangrike tendense rakende bedrog
Manie Van Schalkwyk, uitvoerende hoof van Suider-Afrikaanse Bedrogvoorkomingsdiens, verduidelik wat die belangrikste tendense is wat ons gesien het as dit kom by bedrog en verduidelik ook watter sektore van ons ekonomie die swaarste getref is deur bedrog. Hy bespreek ook watter stappe geneem is deur die Diensvoorkomingsdiens van Suider-Afrika om…
UIF Ters latest phase now open
The latest window of applications for the Unemployment Insurance Fund (UIF) Covid-19 Temporary Employer-Employee Relief Scheme (Ters) is now open. The OFM Business Hour team sat down with ENS Africa Executive, Lauren Salt, to gain insight into the qualifying criteria for local businesses.
#SAUnrest – waterskeiding vir Suid-Afrika?
Juliemaand was ’n redelike beproewende maand vir Suid-Afrika. Nie net in terme van die derde vlaag van die Covid-19 uitbreking, en die gepaardgaande inperkings nie, maar ook in terme van die burgerlike verset en oproer wat ons veral in KwaZulu-Natal en Gauteng gesien het en dan natuurlik die ekonomiese gevolge…
Foreign investors undeterred by #SAunrest
Expectations were such that when the unrest in Gauteng and KwaZulu-Natal gained international traction, foreign investors would disinvest from the country, ditching South African bonds, but this was not so. The Head of the Economic and Finance department at the University of the Free State (UFS), Nico Keyser, says foreign…
Die basiese aspekte van perssonlike finasiele beplanning
Finansiële adviseur, Marius Ferreira, verduidelik wat is die hoof aspekte waarvoor mens moet beplan, as jy kyk na perssonlike finasiele beplanning en of daar van die aspekte is wat belangriker is as ander. Hy verduidelik ook of dit nog nodig is om te beplan as jy groepvoordele by die werk…
Closure of Ticketpro Dome a reminder of events industry’s Covid-19 struggle
The closure of the Ticketpro Dome in Johannesburg serves as a sobering reminder of the events industry’s ongoing Covid-19 struggle. Founder and owner of central South African events management company, Lesley Jennings, tells the OFM Business Hour the closure of the dome which has housed international acts is devastating and…
Opspoorbaarheid en bioveiligheid noodsaaklik vir SA se beesvleisbedryf
Roelie van Reenen, uitvoerende veranderingsbestuurder by Beefmaster Groep, verduidelik waarom SA behoorlike naspeurbaarheidstrukture en bioveiligheidsmaatreëls nodig het en en hoe hierdie strukture die verspreiding van gelokaliseerde bek- en klouseeruitbrake kan bevat. Hy verduidelik ook waarom groter samewerking in die industrie van alle spelers nodig is om Suid-Afrika se veebedryf te…
Noord-Kaapse ondernemings sukkel onder vlak vier
Sharon Steyn, die hoof uitvoorende beaamte van NOCCI, die Northern Cape Chamber of Commerce and Industry, gee ons 'n opdatering oor die huidige situasie in Kimberly rakende die waterkrisis en vertel ons meer oor die uitdagings van die restaurantbedryf. Sy verduidelik ook hoe jy by die noord-kaapse sakekamer kan aansluit.
FS farmers’ market and DA seek legal opinions on market closures
The organisers of the weekly Farmers' Market in the Bloemfontein suburb of Langenhoven Park and the Free State Democratic Alliance (DA) are both seeking legal advice and opinion over the closure of the market this past weekend. The manager of the market, Leon Oosthuizen tells the OFM Business Hour that…
Take a ‘Staycation’- #discoverfreestate
The Business Hour chats to the Chief Executive Officer (CEO) of the Free State Gambling, Liquor and Tourism Authority, Kenny Dichabe, about what the province has to offer in terms of so-called "Staycations" or “Holistays". Dichabe says the tourism sector was one of the hardest hit by the Covid-19 pandemic,…
Amatikulu Sugar Mill under tight security surveillance following threats
The Amatikulu Sugar Mill in Gingindlovu, KwaZulu-Natal is under strict surveillance by law enforcement and the farming community following reports that protestors in the province are eyeing it. The Chief Executive Officer (CEO) of the South African Canegrowers Association, Thomas Funke, tells the OFM Business Hour that tonight the mill…
‘SA’s responsibility to its youth is more than creating employment opportunities’ – YPI
The Youth Progress Index (YPI) by IQbusiness in partnership with global non-profit organization, the Social Progress Imperative, aims to move beyond thinking that the creation of employment and/or business opportunities is the fulfillment of the country’s responsibility to young people. This is according to Shaneel Bachoo from IQbusiness who was…
Persoonlike begrooting
Finansiële adviseur, Marius Ferreira, verduidelik hoe belangrik is dit om ‘n begroting vir jou persoonlike finansies te hê en hy verduidelik ook wat die grootste foute is wat 'n mens kan maak as dit by persoonlike begroting kom. Hy bespreek ook of dit moontlik is om luukshede by jou persoonlike…
Insured businesses will look to Sasria in recovering from looting and violent unrest
Questions are mounting as to whether the South African Special Risk Insurance Association (Sasria) has the capital to pay out claims related to the violence, carnage and looting that rocked Gauteng and KwaZulu-Natal businesses this week. Sasria is South Africa’s only short-term insurer that offers cover against damages and losses…