The OFM Business Hour
The latest business news from Central SA. Presented by Olebogeng Motse.
Planning for Bloem Show 2023 underway
The Chief Executive Officer (CEO) of the Bloem Show, Elmarie Prinsloo, tells the OFM Business Hour what they have in store for the event in 2023 as they celebrate 140 years in existence.
No job cuts as Intercape acquires central SA's Big Sky
The management of Intercape assures central South Africans that the acquisition of Big Sky bus liner will not lead to job cuts in the region. Shaun Smeda, the Chief Commercial Officer (CCO) at Intercape tells the OFM Business Hour that not only have they kept all the Big Sky personnel,…
It is unknown if new Eskom board will turn the tide – SACCI CEO
It is unknown if Eskom’s newly constituted board of directors will turn the tide at South Africa’s ailing power utility. This is according to the Chief Executive Officer (CEO) at the South African Chamber of Commerce and Industry (SACCI) Alan Mukoki, who explains to the OFM Business Hour that Eskom…
Transnet strike looms as wage negotiations deadlock
Amanda Tshemese, the head of communications at the South African Transport and Allied Workers (Satawu) tells the OFM Business Hour that they are getting ready to embark on strike action at Transnet as wage negotiations between the parties deadlock. Satawu and the United National Transport Union (Untu) are both threatening…
Is now the right time to invest in property?
Even with the recent interest rate hike, it is never not the right time to buy property – because property works like a saving’s account, the earlier you start saving, the better. Marketing manager from Engel & Völkers real estate company, Helandi Moolman says there is never the wrong or…
'Chances of an appeal to Macufe’s verdict are slim' - Advocate
As the Free State High Court has delivered its judgment on the awarding of Mangaung African Cultural Festival (Macufe)’s tender, which was granted in favour of the applicant by default, means the chances of an appeal are very slim. Attorney Lebohang Mokhele says a default judgment is handed down when…
The A's and B's of marketing your website online - Digital Platforms
Mitzi Noome, the Sales Manager at Digital Platforms and Johandre Olivier, Digital Marketing Consultant at Digital Platforms unpacked the importance of having a website as a part of your overall business marketing strategy on the OFM Business Hour. Olivier broke down the A's and B's of marketing your business online.
'Sustainability is a business strategy' - Mazars' Bongiwe Mbunge
Bongiwe Mbunge, the National Head of Sustainability unpacked business sustainability and the misconceptions around it on the OFM Business Hour.
Cost of building in SA is now 11% higher than last year
The cost of building in South Africa is 11% higher than it was last year as local contractors pass the burden of inflation to their clients. According to Craig Lemboe, senior economist at the Bureau for Economic Research (BER), the Building Confidence Index (BCI) for the third quarter of 2022…
Die inklusiewe ekonomie
Op die Sake-Uur gesels ons “Read of the Week” en die boek, Die Inklusiewe Ekonomie, is in die kollig. OFM se Lee Simmons gelsels met Dr. Arno van Niekerk, skywer van Die Inklusiewe Ekonomie, oor die nuwe boek.
Digital marketing strategies 'a game-changer' for business - Two Tone Global COO
Natalie Murison, the Chief Operating Officer (COO) at Two Tone Global tells the OFM Business Hour that businesses cannot be structuring any kind of media campaign without having active presence on social media. Whilst this is something that has been in the public domain for sometime, she explains that the…
Sales for water filtration systems rise as service delivery worsens
About 55% of sales for water filtration systems in the market are taking place in urban areas as compared to 45% in rural areas. This is according to Sebasti Badenhorst, the executive responsible for sales, marketing and distribution at Jojo. This is a clear indicator that water quality in urban…
Steinheist to tell the story of the people behind the fraud
Showmax’s much-anticipated 3-part docuseries Steinheist aims to shed light on the people and the interpersonal relationships behind the corporate fraud. Steinheist director, Richard Finn Gregory, tells the OFM Business Hour that the documentary seeks to unpack the motivations of these central figures like Steinhoff’s former Chief Executive Officer (CEO) Markus…
Eskom’s tariff hike may be last straw for many businesses
The latest plan by Eskom to apply for a 32% tariff hike that will be implemented on 1 April 2023 is seen as unacceptable by the Northern Cape Chamber of Commerce and Industry (Nocci), as the hike might lead to some businesses closing down. OFM’s Olebogeng Motse chats to the…
Purchase some real estate on the Metaverse
Sceptical about the Metaverse? Purchase some real estate there anyway says Rogerwilco Chief Executive Officer (CEO) Charlie Stewart. He was on the OFM Business Hour unpacking key findings on the Metaverse in the 2022 SA Digital Customer Experience which he co-authored alongside Amanda Reekie from ovatoyou and Julia Ahlfeld of…
The importance of a Will explained - National Wills Week
12 to 16 September is National Wills Week – the sole purpose of the week is making people aware of the importance of having a valid Will. A Will is seen as such an important document it is because it is the only legal document that has a standing of…
BLSA weighs in on centralisation of work visa applications
The Chief Executive Officer (CEO) of Business leadership South Africa (BLSA), Busiswe Mavuso, unpacked the recent decision by the Home Affairs department to centralize all work visa applications on the OFM Business Hour.
Jagersfontein mine was always a disaster waiting to happen
Jagersfontein resident and community activist, Lebogang Phoofolo, tells the OFM Business Hour that the slime dam in the mining town was always a disaster waiting to happen. This comes after the slime dam belonging to diamond mining company Jagersfontein Developments breached on Sunday, 11 September damaging houses and vehicles. The…
DESTEA ups the ante on supporting FS businesses
Makalo Mohale, the MEC of the Free State Department of Economic, Small Business Development, Tourism and Environmental Affairs (DESTEA) tells the OFM Business Hour what they are doing to better support businesses in the province.
Read of the Week – The Rat Race
Vuyo November, the Bloemfontein entrepreneur behind Rat Race: Escaping Life’s Financial Trap, says passion is the first key to success for any entrepreneur. He shares more insights from the read of the week with the OFM Business Hour.