OFM The OFM Business Hour

The OFM Business Hour

The latest business news from Central SA. Presented by Olebogeng Motse.
Daily English South Africa Business · Daily News
1,143 Episodes
460 – 480

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…
1 Mar 2022 11AM 6 min

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…
22 Feb 2022 12PM 8 min

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.
22 Feb 2022 5AM 4 min

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.
21 Feb 2022 5AM 6 min

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.
17 Feb 2022 12PM 7 min

#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…
15 Feb 2022 12PM 6 min

#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…
15 Feb 2022 11AM 6 min

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…
10 Feb 2022 11AM 11 min

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…
9 Feb 2022 11AM 9 min

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…
8 Feb 2022 11AM 8 min

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…
7 Feb 2022 12AM 6 min

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…
2 Feb 2022 11AM 2 min

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…
1 Feb 2022 10AM 6 min

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…
25 Jan 2022 12PM 5 min

Corporates encouraged to direct CSI spend towards rural projects

South African entities and businesses are being encouraged to direct more of their corporate social investment (CSI) spend towards rural based projects in the country as opposed to those solely in urban areas. CSI consultant at Mamas Alliance, German More, tells the OFM Business Hour that he is of the…
24 Jan 2022 12PM 5 min

Financial literacy key to financial freedom

“Financial literacy is about understanding the concepts that relate to saving, investing and debt. And how it then allows you to make financially responsible decisions.” This is according to Nomi Bodlani, the head of strategic markets at Allan Gray, who says financial literacy is an important key to financial freedom…
24 Jan 2022 12PM 8 min

Nedbank Landboudienste - Transformasie in Landbou

Die OFM Sake-Uur verwelkom met trots Nedbank Landboudienste as borg van die program. Ons gaan oor die volgende aantal weke hoor van kenners op verskeie gebiede ondermeer: transformasie, besigheidsgroei, volhoubaarheid, klimaatsveerkragtigheid, en digitale en e-handel. OFM Inhoudsbestuurder, Elzette Boucher-Krüger het met die Funksionele Hoof Landbou – Nedbank verhoudingskanale, Daneel Rossouw,…
24 Jan 2022 12AM 4 min

Improved road safety translates to lower insurance premiums

The insurance industry benefits from the introduction of a system by government that aims to improve road safety in the country, but maintains that the system needs to be administered properly. This is according to spokesperson for Old Mutual Insure, Lizo Mnguni, who was reacting to the North Gauteng High…
20 Jan 2022 12PM 6 min

Cryptocurrency rallies due to institutional adoption

Increased institutional adoption – a movement led by established corporate giants – helped cryptocurrency leap into record highs in 2021. This is according to the head of global payments at cryptocurrency platform, Luno, Louis van Staden, who says the change in attitudes towards crypto have been driven largely by engagements…
20 Jan 2022 12PM 7 min
460 – 480