The OFM Business Hour
The latest business news from Central SA. Presented by Olebogeng Motse.
Companies Tribunal/UFS Mercantile Law Department: company law seminar
On 18 March, the Companies Tribunal, in partnership with the University of the Free State’s (UFS) Mercantile Law Department, is hosting a company law virtual seminar on selected aspects of the Companies Act, 71 of 2008. I spoke to Selby Magwasha, registry manager at the Companies Tribunal, to find out…
Mining, agriculture set to soar despite geopolitical tensions
Two stalwarts of the South African economy, mining and agriculture, are set to excel in 2022 despite rising geopolitical tensions globally. This is according to Waldo Krugell, Professor in Economics at the North-West University's Potchefstroom Campus, speaking to the Chief Executive Officer of Central Media Group, Nick Efstathiou. Krugell says…
Revix cryptocurrency talk
The Business Hour's Olebogeng Motse spoke to Revix's founder and CEO, Sean Sanders, about how the hostile situation happening between Russia and Ukraine is affecting the crypto market.
Nedbank Landboudienste - Tegnologie en innovering
Digitalisering van besighede (soos franchise en kleinhandel) het aan die orde van die dag geword om relevant en in besigheid te bly. Sommige het selfs massiewe groei deur digitalisering gesien. Het die Agri-spelers 'n verskuiwing na hierdie verskynsel gesien of heers die stand van sake? OFM-inhoudredakteur, Elzette Boucher-Krüger, kom meer…
Engage in business chambers, don’t sit on side line
The Chief Executive Officer (CEO) of the Northern Cape Chamber of Commerce and Industry (NOCCI), Sharon Steyn, urges businesses in Central South Africa to make use of their local chambers and not just sit on the side-lines. Steyn says it’s vital to be affiliated with business chambers, the voice of…
Sipho Mampe Northern Cape Tourism
The latest business news from Central SA. Presented by Olebogeng Motse.
Ukraine and the economy
Russia-Ukraine Last week the Russian invasion of the Ukraine had economic ripple effects as far away as South Africa. The links are through trade, and markets have priced in potential disruptions in supply due to the conflict and the sanctions against Russia. It was specifically metal prices that soared. When…
Investing in rentals, catch-22?
Interest rates for residential property are lower than ever before and those in the know say they may never return to pre-COVID rates. However, does this mean that this is the right time to invest in property? Justin Easthorpe, Ooba Group Provincial Sales Manager in Gauteng says the answer is…
Vier-dag werksweek? RAiN doen dit reeds
Tydens die Covid-19 pandemie het baie ondernemings wat kon, hul personeel tuis laat werk en ook hul bedrywighede aangepas, hetsy met ‘n verkorte werksweek of fleksie-ure. RAiN is die eerste ouditfirma in Suid-Afrika wat nou ‘n vier-dag werksweek implementeer. OFM Inhoudsbestuurder, Elzette Boucher-Krüger het met oudit bestuuder, Zelda Standing, gesels.
Nedbank Landboudienste - Volhoubaarheid en klimaatsverandering
“Om groen te gaan” is nie net 'n leefstylneiging nie, dit is deurslaggewend vir volhoubaarheid in die landbou. OFM-inhoudredakteur, Elzette Boucher-Krüger, kom meer te wete by Daneel Rossouw, Funksionele Hoof Landbouverhoudingskanale by Nedbank.
Revix - CEO & Founder Sean Andrew Sanders
Revix makes investing in cryptocurrencies effortless. Through their online platform, they offer several cryptocurrencies as well as ready-made crypto Bundles that act like the JSE Top 40 but for crypto. This is the more responsible approach to investing in crypto as you get diversified exposure to this emerging asset class.
#OFMBusinessHour - Infrastructure cash injection welcomed - Miguel da Silva
South African businesses have welcomed government’s commitment to funding the Infrastructure Fund with R100 billion over the next ten years. The Managing Director of Retail Capital, Miguel da Silva, says the country’s ailing infrastructure – specifically at the country’s ports - is in desperate need of a cash injection and…
#OFMBusinessHour - Infrastructure cash injection welcomed - Justin Chadwick
South African businesses have welcomed government’s commitment to funding the Infrastructure Fund with R100 billion over the next ten years. The Managing Director of Retail Capital, Miguel da Silva, says the country’s ailing infrastructure – specifically at the country’s ports - is in desperate need of a cash injection and…
Confidence Index reflection of resilience, tenacity
The South African Chamber of Commerce and Industry’s (SACCI) Business Confidence Index of 94.1 in January 2022 is a reflection of businesses’ resilience and tenacity during tough times. SACCI senior economist, Richard Downing, says the business community and certain parts of society have succeeded in keeping the economy going by…
Are Saffas buying more local goods?
Are South Africans buying more local goods than before? Well the simple answer is yes. This is according to the chief marketing officer at Proudly South African, Happy Makhumalo Ngidi, who says there is a visible change in attitudes towards home grown products and South Africans no longer believe that…
Interest in renewable energy amid blackouts
Interest from small and mid-size enterprises in South Africa around renewable energy generation systems are at a peak, as the country experiences rolling blackouts due to power supply constraints. This is according to Managing Director of Retail Capital, Miguel da Silva, who tells the Business Hour that he and his…
Nedbank Landboudienste - Besigheidsgroei in landbou
Om jou landboubesigheid te laat groei, benodig jy die regte vennootskappe en ’n span landboukundiges wat hulself in jou sektor en besigheid verdiep. Nedbank se groter prentjie-benadering beteken om die mees geskikte en innoverende bankoplossings aan te bied om aan jou spesifieke behoeftes te voldoen. OFM-inhoudredakteur, Elzette Boucher-Krüger, kom meer…
Fuel price structure petition gains momentum
The Automobile Association’s petition to have the fuel price structure reviewed is gaining momentum, with nearly 25 000 citizens having signed on thus far. The AA’s Layton Beard says February’s fuel price hike proves that the components of the fuel price needs to be reviewed as soon as possible. Also…
Is this the time to purchase rental property or not?
Acquiring residential property with the intention to rent out, has never been more affordable, with prices still at below market rates as a result of the Covid-19 pandemic. However, the rental market has taken a knock, with many citizens unable to afford paying rent presently as a result of the…
Be part of growing the FS economy
The CEO of the Black Business Chamber in the Free State, Lucky Motsamai, and Mosebetsi Dhladhla, Chairperson of the Black Management Forum in the Free State joined Nick Efstathiou on the OFM Business Hour to discuss an exciting business breakfast that will be hosted on the 31 January 2022. The…