OFM The OFM Business Hour

GDP declined by 7% year-on-year in 2020

Loading player...
Adam Craker, CEO at the Covid Business Rescue Assistance (COBRA) and IQ-Business, discusses the latest GDP data released by Stats SA that revealed that the South African economy suffered a decline of 7% year-on-year in 2020. He also discusses whether there might be hope for small businesses and if the business environment could stabilize again.
16 Mar 2021 12PM English South Africa Business · Daily News

Other recent episodes

Welkom Business Forum long flagged controversial cargo airport project

The Welkom Business Forum says there were several warning signs that the Welkom Cargo Airport project was not what it appeared to be. Chairperson of the Welkom Business Chamber, Jakes Jooste, told the OFM Business Hour that they attended meetings with the team from Sébastien Investment et Logistique – a…
21 Aug 8AM 13 min

UFS reminds women to Be Better, BE-LIEVE

The University of the Free State’s women’s breakfast is taking place on 22 August under the theme “Be Better, Be-Lieve. Burneline Kaars, Head of the Division of Organisational Development within the Department of Human Resources at the UFS, says the event aims to empower women. When asked about work-life balance,…
19 Aug 7AM 10 min

South Africa's business rescue landscape explained

South Africa’s approach to financially distressed companies has shifted significantly. Where business rescue was once seen as just a detour on the road to liquidation, today the mantra in many boardrooms is ‘rescue first, liquidate later.’ Gareth Cremen, a Partner in the Business Restructuring, Rescue & Insolvency team at Cox…
20 Aug 9AM 8 min

Vrystaatse toerismebesighede gedwing om in silo’s te funksioneer om te oorleef

Vrystaatse toerisme en gasvryheidsbesighede word gedwing om in silo’s te funksioneer weens vervallende openbare infrastruktuur en swak dienslewering. Bianca de Klerk, die departementshoof van Toerisme en Geleentheidsbestuur aan die Sentrale Universiteit van Tegnologie, sê aan die OFM Sake-uur dat die regering se onvoltooide beloftes oor die verbetering van sleutelpaaie en…
19 Aug 7AM 9 min

Standard Bank backs Best of Bloem for third year in a row

For the third consecutive year Standard Bank is sponsoring the Best of Bloem, Bloemfontein Courant’s Readers’ Choice Awards gala event. Kevin de Beer, Standard Bank’s Head of Client Coverage, Business Banking for the Free State and Northern Cape, told the OFM Business Hour that what drew them to the awards…
12 Aug 7AM 4 min
All episodes