The OFM Business Hour
The latest business news from Central SA. Presented by Olebogeng Motse.
OFM Business Hour - Government needs to get the balance right
Professor Rashied Small, Executive: Centre of Future Excellence (CoFE), South African Institute of Professional Accountants (SAIPA) says it’s been clear for some time that Government has realized the imperative to open up the economy. But, at the same time, it faces a significant challenge because infections in the country’s economic…
OFM Business Hour - Possible roadmap for SA economy
The South African economy is expected to contract by 7,2% in 2020, and according to the Minister of Finance, Tito Mboweni, this is the largest contraction in almost 90 years. Edward Kagiso Molefe; Lecturer for the Department of Economics and Finance (UFS), shares his thoughts on the way forward for…
OFM Business Hour - Kleinsake versekering is 'n moet
Daar is verskeie afdelings en sub-afdelings as dit by kleinsake versekering kom en om te weet watter om te kies en watter jy maar kan los, luister na hierdie gesprek. Werner Maree, Finansiële Adviseur, bespreek kleinsake versekering en hoekom dit belangrik vir jou besigheid is.
OFM Business Hour - Scams on the rise during Covid-19
Criminals are aware of the anxiety created by Covid-19 and the public's current financial position. They, of coarse, take advantage of this anxiety and desperation and you need to be aware of some of the scams which are starting to become more prevalent. Manie Van Schalkwyk; CEO at Southern African…
OFM Business Hour - Second blow for liquor industry
Just as the liquor industry started finding their feet again with the original lockdown ban lifted, stores now again have to switch off the lights after the presidential address on Sunday. Marc Pendlebury; Co-owner and founder of WhiskyBrother, shares his thoughts about the second liquor ban.
OFM Business Hour - Koop en verkoop ooreenkoms in 'n neutedop
Sou jy en 'n vennoot besluit om saam 'n besigheid te begin, maak seker dat julle 'n koop en verkoop ooreenkoms onder mekaar aangaan. Luister hier om uit te vind wat die redes vir so ooreenkoms is en watter slaggate jy voor moet uitkyk.
OFM Business Hour - Crowd1 under investigation
Crowd1 under investigation by the National Consumer Commission as a potential pyramid scheme. Joseph Selolo; NCC Director of Prosecutions, shares how to spot a pyramid scheme and also how to report cyber-crime or schemes.
OFM Business Hour - Hoekom juis die naam Johannesburgse Effektebeurs?
Daar was 'n tyd wat die Johannesburgse-Effektebeurs, nie die enigste effekte beurs in Suid-Afrika was nie, Riaan Prinsloo van die Efficient Groep deel die storie. Sou jy nog altyd op die effekte beurs wou verhandel, maar jy't gedink jy moet duisende of selfs miljoene op 'n slag kan belê, luister…
OFM Business Hour - Government Relief Funds fail businesses
Most small to medium enterprises in the Mangaung area haven't received any of the Government's Relief Funding. Although the period to apply for the funds have now closed there are still ways to get help, Nancy de Sousa, President of the Mangaung Chamber of Commerce invites you to contact them…
OFM Business Hour - Risk Management during and post covid-19
While this first global pandemic in over 100 years presents mega challenges for businesses and society at large, it presents opportunities for a risk manager. Mighty Mhlanga; an IRMSA Certified Risk Management Practitioner, mentions that risk managers will tell you that this risk has always featured on the World Economic…
OFM Business Hour - Ellaton vier Kersfees in Julie
“Ellaton Mining Supplies and Signs” is ‘n familiebesigheid met twee sussies, een swaer en ‘n boetie wat betrokke is in die bestuur van die besigheid. Die besigheid moes al verskeie kere aanpassings maak om veranderinge in die omgewing te akkomodeer, Direkteur, Henda Jordaan, deel hulle verhaal en hulle vier saam…
OFM Business Hour - Preparing to become a Non-Executive Director
Vikeshni Vandayar from the Institute of Directors in South Africa (IoDSA) discusses a recent research report investigating the processes for recruiting, selecting and appointing non-executive directors in South Africa. The report is structured to offer practical assistance to prospective non-executives who want to understand what organisations are looking for when…
OFM Business Hour - Agricultural Sector GDP Expanded by 24%
The Agricultural sector GDP for the first quarter expanded by 24%, but in the second quarter the sector saw massive job losses being reported. Wandile Sihlobo; Chief Economist of the Agricultural Business Chamber of South Africa joined the Business Hour and shared his thoughts on the impact of Covid-19 on…
OFM Business Hour - Struktureer jou polisse reg met groot skuld
Barry Cronje, Finansiële Adviseur, deel sy raad aan boere wat groot skuld moet aangaan om grond of bates aan te koop. Hy verduidelik wat die beste manier is om jou lewensversekering en polisse te struktureer.
OFM Business Hour - Potchefstroom Academy quickly adapted to COVID-19
Not all educational institutions suffered the same during the Covid-19 lockdown and the various restrictions, especially Potchefstroom Academy and SAATH. The CEO; Anine Wallace, joined the Business hour and shared why they could adapt so quickly.
OFM Business Hour - Kliënte ondersteun haarsalon deur grendeltyd
Hair Trend se Sonia Havenga deel as haarsaloneienaar, hoe COVID-19 en die grendeltyd hulle affekteer het. Sy deel ook watse planne hulle moes beraam om wel ‘n tipe inkomste in te bring en vertel hoe kliënte hulle deur die tyd ondersteun het.
OFM Business Hour - Lewensversekering tussen besigheidsvennote
Hoe kan jy verseker dat jou aandeel in ‘n besigheid na jou erfgename toe gaan en hoe word daardie waarde bepaal? Finansiële Adviseur, Christo Zwiegelaar, beantwoord hierdie vrae en brei ook meer uit oor hoe belangrik kontrakte tussen vennote in ‘n besigheid is.
OFM Business Hour - How to spot scams and pyramid schemes
We’ve seen an increase in trading companies, whatsapp stokvels, pyramid schemes and other scams asking people to “invest” more of their money into these schemes. Jacque van Wyk; Director at JGL Forensic Services, joined the Business Hour and shared his thoughts on how to spot a scam and also how…
OFM Business Hour - Besighede help uit in moeilike tye
Johan Oberholzer van die Matlosana Sakekamer gesels oor hoe dit tans met hulle gemeenskaps projekte gaan. Hy het verder ook gesels oor of daar klein besighede is wat al uitbetalings van die regering se hulpfonds ontvang het.
OFM Business Hour - Wat beteken rommelstatus vir Suid-Afrika?
Om tot rommelstatus verklaar te word, is daar verskeie faktore wat graderingsinstansies soos Moody's in gedagte moet hou. In Maart 2020 is Suid-Afrika tot rommelstatus afgegradeer. Om te hoor wat dit presies beteken en hoe dit jou persoonlik affekteer, luister hier na wat Riaan Prinsloo van die Efficient Group als…