Woolworths triumphs over SARS on VAT issue

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Woolworths recently emerged triumphant over SARS in the Supreme Court of Appeal in Bloemfontein where the parties battled it out over input VAT. It is a landmark and significant victory for Woolworths and Micaela Paschini, Team Lead: Tax Legal at Tax Consulting SA, unpacked it for the OFM Business Hour.

18 Jul 2025 5AM English South Africa Business · Daily News

Capitec Bank soars high with 23% increase in headline earnings

Capitec Bank has reported a strong performance, with headline earnings climbing 23% to R16.8 billion for the financial year ending February 2026. The growth was largely driven by double-digit gains in interest income, supported by improved interest rates in 2025. Group CEO Graham Lee remains optimistic the bank can sustain…

23 Apr 6AM 4 min

Standard Bank fosters partnerships in fight against FMD, gears up for Nampo

Brendan Jacobs, Head of Agribusiness at Standard Bank Business and Commercial Banking South Africa, unpacks the bank’s partnerships with Clover and the Milk Producers’ Organisation in tackling foot-and-mouth disease. He also shares what to expect from their presence at Grain SA’s upcoming Nampo trade show, with a strong focus on…

15 Apr 6AM 6 min

Ways South Africans can save petrol and diesel amid rising fuel prices

Petrol prices are rising significantly in South Africa, driven by surging international oil prices due to Middle East tensions and a weaker rand. Sherry Sibeko, Executive Head: Personal Lines at Miway Insurance shares, some tips to saving on fuel related costs.

2 Apr 4AM 7 min

The UFS Business School's MBA shaping tomorrow's ethical, responsibe and enterprising leaders

The University of the Free State (UFS) Business School is committed to shaping tomorrow's ethical, responsible and enterprising leaders through the institution's esteemed Master of Business Administration (MBA) programme. Acting Director of the school, Prof MacDonald Kanyangale and Dr Cornelie Crous tell the OFM Business Hour team more.

1 Apr 1AM 14 min

Conservationists and fishing communities take on Total Energies on oil and exploration efforts

Conservationists and fishing communities are challenging environmental authorisation approvals granted to Total Energies for oil and gas exploration drilling off the South African coast of the Western Cape. The legal bid is being heard by the Western Cape High Court over two days. Green Connection Community outreach coordinator, Neville van…

24 Mar 8AM 5 min