The OFM Business Hour
The latest business news from Central SA. Presented by Olebogeng Motse.
Verbetering van die landbousektor
Stephen Kruger, Direkteur van TonnUp, verduidelik hoe boer hulle produkte beter kan bemark en verkoop. Hy bespreek ook hoekom dit so belangrik is dat boere tegnologie moet benut om hul sakemodel te verbeter.
More women now keen on franchising
There is a rise in the number of women that are interested in running franchises. This is according to the Group Chief Operating Officer of The Franchise Co, Marcel Strauss, who was explaining to the Business Hour why franchising is a great option for a newbie entrepreneur who has capital,…
SCA “opens the floodgates” with B-BBEE ruling – legal expert
The Supreme Court of Appeal’s decision declaring the automatic disqualification of companies that aren’t 51% black-owned for state-owned entity tenders as invalid, opens the flood gates for similar challenges. This is according to attorney and founder of the Legal Affair, Nonhlanhla Mtshali, who tells the Business Hour the November 2020…
Accounting bodies try to regain public’s trust following recent scandals
The South African Institute of Professional Accountants (SAIPA) says regulatory bodies within the accounting profession are still trying to regain the public’s trust following scandals that have rocked the profession in recent years. Professor Rashied Small, Centre of Future Excellence Executive at the South African Institute of Professional Accountants (SAIPA),…
Need for information on Covid-19 led to spike in Cyberattacks in sub-Saharan Africa – cyber security experts
The desperate need for information regarding Covid-19 and remote working has left Sub-Saharan African businesses vulnerable to cybercriminals. Cybersecurity expert at Mimecast, Mikey Molfessis, tells the Business hour, “detections of impersonation attacks, known and unknown malware, spam and blocked clicks increased by 41% in sub-Saharan Africa from 2019 to 2020”,…
A qualified buyers’ certificate can give you an edge in the competitive SA housing market
A qualified buyers’ certificate is what can set you apart from other prospective buyers when shopping for your ideal home in South Africa. The National Sales Manager at Ooba, Natasha Champion, explains to the Business Hour, that being in possession of this document – the acquisition process of which is…
FS luxury leather bag brand shows local business is alive and kicking
The story behind luxury leather bag brand, Dr J. Struthers and Harriet, supports opinion that businesses in the central South African region are alive and kicking despite the existing challenges. The Business Hour sat down with the founder of Dr J. Struthers and Harriet, Cherish Vundisa, to get insight into…
Businesses must ensure compliance to POPI Act come June 2021
South African businesses need to ensure that their employees comply with the Protection of Personal Information Act (often called the POPI Act or POPIA) come June 2021. Attorney and founder of the Legal Affair, Nonhlanhla Mtshali, sat down with the Business Hour, to unpack the most recent sections in the…
Concerns mount over record high SA fuel prices
The Automobile Association of South Africa (AA) is concerned that households will buckle under the pressure brought on by record high fuel prices, following an almost R 1 hike in the price of petrol on Wednesday (7 April). The R 1 hike is for 95 Octane fuel, whilst 93 Octane…
Ongeskikheidsdekking
Marius Ferreira, finansiële adviseur, gesels oor die twee tipes ongeskikheidsdekking. Hy verduidelik ook hoekom dit so belangrik is om deurlopend die dekking te hersien.
Liquor industry chastises government over Easter off-site consumption ban
The Beer Association of South Africa (Basa), says it does not understand the rationale behind government’s Easter weekend ban on the off-site consumption of alcohol. The association’s sentiments come as the Easter ban lifts on Monday (5 April) after coming into effect on Good Friday. The Basa Chief Executive Officer…
Easter presents nature-centric tourism businesses with opportunity
The Easter long weekend is expected to inject some life back into the struggling tourism industry following a bleak 2020 festive period marred by restrictions to parks and beaches. The Business Hour sat down with the co-founder of the newly founded online hiking trail booking platform, Afritrails, Evan Sparks, on…
Greater autonomy, inspirational leadership’ keys to happier employees
Greater autonomy and inspirational leadership are the two non-financial keys to happier employees, especially during an economy crushing pandemic. This is according to leading Industrial Psychology and people management academic, Dr Mark Bussin who was speaking to the Business Hour on the importance of prioritising mental health in the work…
Small Enterprise Finance Agency
Mr Mxolisi Matshamba, CEO of of the Small Enterprise Finance Agency (sefa), discusses what sefa is currently doing to assists its clients impacted by Covid-19 and the hard lockdown. He also discusses what the vision for the agency is and the overall funding space.
Innovative solutions for education sector
Kamal Patel, CEO at Juta & Company, discusses some of the major challenges that students are currently facing at higher educational institutions. He also discusses how important innovation is during these challenging times and how institutions and students can take advantage of online alternatives.
SARS' recruitment drive
Jean du Toit, Head of Tax Technical at Tax Consulting South Africa, discusses the statement that SARS released on Saturday night (27 March 2021) outlining their recruitment plans as part of their rebuilding strategy. He also discusses what this means for high net worth individuals.
Read of the Week: Leading in the 21st Century [Part 1]
In 2020, the world found itself in a state of flux. A global pandemic disrupted the world order while the digital transformation that is the Fourth Industrial Revolution (4IR), with its challenges and huge potential benefits, presented a fundamental paradigm shift. Leading in the 21st Century, by Professor Tshilidzi Marwala,…
Financial emigration amendment
Reabetswe Moloi, Expatriate Tax and Emigration attorney at Tax Consulting SA, discusses what exactly financial emigration is and some of the latest amendments. She also discusses why it is so important to be well prepared well filing your emigration taxes.
National Small Enterprise Amendment Bill
Nonhlanhla Mtshali, Attorney and founder of The Legal Affair, discusses what the National Small Enterprise Amendment Bill is and when the bill will become law. She also discusses the additional rights and responsibilities that will be introduced by the new bill.
Money Smart Week 2021
Kriben Reddy, Vice president of TransUnion Consumer, discusses why financial planning is so important especially when it comes to accessing credit at times when we need it the most. He also discusses what impact your marriage could have on your credit score.