The OFM Business Hour
The latest business news from Central SA. Presented by Olebogeng Motse.
Fraudsters shift their attention to online gambling
Fraudsters have shifted their attention away from the financial services to online gambling and travel. The head of emerging solutions at TransUnion, Davina Myburgh, says their quarter 2 research reveals there has been a whopping 922,7% rise in fraud related to online gambling activity. She stresses fraudsters are merely targeting…
Innovation needed to counter SA’s youth unemployment
We need new ideas and innovative methods to get South Africa’s unemployed youth into the job market. These are the words of the acting co-Chief Executive Officer (CEO), Leanne Emery, who was speaking to the OFM Business Hour regarding the country’s 34,4% unemployment rate for the second quarter of 2021…
Stick to the basics when it comes to Covid-19, cleaning and the workplace
When it comes to cleaning surfaces in the workplace and protecting your employees from an outbreak of Covid-19, stick to the basics. This is the advice of Annette Devenish the Marketing Infection Protection Products. She says it’s important that business owners conduct risk assessments and remember to stagger lunch time…
Win with Resurgence through Nature with Mantis
Resurgence Through Nature with Mantis is giving one lucky OFM listener the chance to win a spot in their exclusive 6-day Lifestyle Enrichment programme to the value of R90 000 - designed to treat and prevent executive burnout. The Lifestyle Enrichment uses psychological processes, nature-based interactions and rest-enhancing activities to…
Aftreewenke vir millenniërs
Aftrede is gewoonlik die laaste ding wat iemand onder 35 jaar in gedagte het, maar kenners waarsku dat ‘n gebrek aan beplanning veral die sogenaamde millenniër generasie kan benadeel. Die gemiddelde aftree-ouderdom in Suid -Afrika is 60, maar statistieke toon dat slegs 6% van Suid -Afrikaners op die regte pad…
Die invloed van Covid-19 op persoonlike finansiele beplanning
Marius Ferreira, finansiële adviseur, verduidelik wat is die effek van die pandemie met betrekking tot persoonlike finansiele beplanning. Hy bespreek ook wat jy kan doen om jou finansiele beplanning te beskerm teen die invoed van Covid-19.
4 cents increase in petrol
Layton Bread, spokesperson for the Automobile Association, discusses the latest fluctuations in the price of fuel and the important decrease in the price of paraffin. He also explains what the slate levy is and the significant impact it had on the price of petrol.
Tekort aan vaardighede in die vragspoorbedryf
Elmarie Smith, kommersiële hoofbestuurder by Traxtion, verduidelik of die vragspoorbedryf steeds 'n relevante en betroubare vervoerbron is en bespreek wat die vaardigheidstekort in die vragspoorbedryf veroorsaak. Sy vertel ons ook waarom sy glo dat vroue die sleutel is tot die toevoeging van diversiteit in die goederespoorwegbedryf.
Is cash-flow lending the ideal funding option for your business?
On Wednesday, the OFM Business Hour, spoke to Dov Girnun, the Chief Executive Officer (CEO) and founder of Merchant Capital regarding what cash-flow lending is. Girnun says unlike a typical loan which has a fixed payment schedule, a cash-flow lending product fluctuates directly in line with how a business trades…
To bitcoin or not to bitcoin
The General Manager of Luno, Marius Reitz, advises prospective cryptocurrency investors to start small and do their research before taking out money on bitcoin. Reitz was on the OFM Business Hour to get into the biggest misconceptions around bitcoin. He says investing in cryptocurrency is not a get rich quick…
Opwindende projekte vir sakekamer in Potchefstroom
Juanita Greyling, ondervoorsitter van die Potchefstroom sakekamer, gee ons 'n opdatering oor hul projek waar hulle paalgate in Potchefstroom bedek het en sy vertel ook hoe besighede tans in Potchefstroom vaar terwyl ons voortgaan om die covid-19-pandemie te bekamp. Sy bespreek ook hul opwindende nuwe projekte wat vanjaar voorlê.
Mponeng acquisition, higher gold price, help Harmony soar
Harmony Gold’s over $300 million acquisition of Mponeng Mine in South Gauteng alongside higher commodity prices helped up the mining giant’s 2021 profits by 66%. Financial Director at Harmony, Boipelo Lekubo, was on the OFM Business Hour on the back of the release of the mining giant’s financials for the…
Start-ups the key to Namibia’s economic growth
Start-ups are the centre of Namibia’s economic growth. This is according to the Chief Executive Officer (CEO) of Stellenbosch University’s Launch Lab, Joshua Romisher who was speaking on how the Cook incubation programme aims to assist Namibian businesses with getting to the next level. Romisher also shares some interesting insights…
Onderrig nodig om werkloosheid aan te spreek
Statistieke SA het onlangs aangedui dat Suid-Afrika se werkloosheidskoers ’n onge-ewenaarde 34,4%bereik het. Dit beteken dat sowat 7,8 miljoen mense nie werk het nie. Bloomberg het ook laat weet dat Suid-Afrika boaan hul lys is van 82 lande wat se werkloosheidskoers hulle monitor. OFM Inhoudsredakteur, Elzette Boucher-Krüger het met arbeidskonsultant…
Men are still out earning women in the insurance sector
Men in the insurance sector are still out earning their female counterparts. This is according to Managing Director of Elite Risk Acceptances and Old Mutual Insure Spokesperson, Christelle Colman who was speaking to the OFM Business Hour amidst Women’s Month. Colman says whilst significant strides have been with respect to…
Households still negatively impacted by Covid-19 albeit less so than 2020
South African households are still feeling the burden of the Covid-19 pandemic albeit less so than in 2020. This is according to the latest Consumer Pulse Survey by consumer credit reporting agency, Transunion. Vice-President and head of TransUnion Auto & Consumer Africa in Africa, Kriben Reddy, tells the OFM Business…
The ever evolving world of beauty and wellness
The beauty and wellness industry is continuing to grow and evolve amidst some challenging economic conditions in South Africa. This is evidenced in the business of Bloemfontein-based somatologist and entrepreneur, Tiffany Pienaar who was on the OFM Business Hour on Wednesday (25 August) to share some insights into how this…
ICT skills amongst the youth
Leanne Emery, the Youth Employment Service (YES) acting Co-CEO, discusses the urgent need for more ICT skills amongst the youth and their training programs aimed at developing more ICT professionals in the country. She also discusses why it is so important for young people to go abroad to further their…
Benadering tot finasiele beplanning
Finansiële adviseur, Marius Ferreira, verduidelik die verskillende aspekte waarvoor jy moet beplan en waar jy kan begin om te beplan vir jou finansiele toekoms. Hy bespreek ook hoe jy jou persoonlike finansiële beplanningstrategie kan verander om aan jou spesifieke finansiële behoeftes op kort en lang termyn te voldoen.
Banking services ombudsman sees a 13% rise in complaints in 2021
The office of the Ombudsman for banking services in South Africa saw a rise in 13% complaints in the first half of 2021 as compared to 2020. The Ombudsman, Reana Steyn, says instances where her office referred complainants back to the bank in question rose by 40% in 2021. Steyn…