The OFM Business Hour
The latest business news from Central SA. Presented by Olebogeng Motse.
Can business culture thrive remotely?
Justin Thom, Associate Director at Galetti Corporate Real Estate, discusses some of the latest trends that we are seeing internationally when it comes to working at home versus working at the office. He also discusses what the corporate real estate market can expect in 2021 regarding flexible lease terms, flexible…
GDP declined by 7% year-on-year in 2020
Adam Craker, CEO at the Covid Business Rescue Assistance (COBRA) and IQ-Business, discusses the latest GDP data released by Stats SA that revealed that the South African economy suffered a decline of 7% year-on-year in 2020. He also discusses whether there might be hope for small businesses and if the…
Businesses recover steadily
Hendrik van der Walt, Manager and Bartender at Boudoir Boutique Bar, discusses some of their major challenges during the ongoing national lockdown and whether the latest level has brought some relief to their business. He also discusses whether the government has provided support for their business during this challenging business…
Tabaco products bill
Nonhlanhla Mtshali, Attorney and founder of The Legal Affair, discusses what the Tabaco Products and Electronic Delivery Systems Bill is and what the bill aims to achieve. She also discusses what impact the intended regulation of plain packaging of cigarettes and e-cigarettes may have on the advertising industry.
R3,6 Miljard uitbetaal aan doodseise
Covid 19 het mense op verskeie maniere beinvloed en die volle impak kan steeds nog nie heeltemal bepaal word nie, en die versekeringssektor is ook nie gespaar nie. Hollard Versekerings Groep het in 41 jaar hulle hoogste sterfte-dekkings-uitbetalings gedoen. In slegs een jaar, tussen April 2020 and Januarie 2021, het…
Covid-19 escalates youth unemployment
Dr. Tashmia Ismail, Chief Executive of the Youth Employment Services (YES), discusses the impact that covid-19 has had on the youth unemployment crisis. She also discusses why a positive mindset is so important during these challenging times and how the youth can take advantage of the fourth industrial revolution.
Leveraging short-term working capital
Jonathan Smit, Managing Director and Founder of PayFast, discusses how SMEs in the ecommerce space can leverage working capital to grow their businesses. He also discusses why flexible funding is so important in an ecommerce environment.
Unemployment rate pressures taxpayers
Mesela Nhlapo, Chief Executive Officer, African Rail Industry Association (ARIA), discusses how the current unemployment rate of 32.5% is putting more pressure on taxpayers. She tells us more about the Tanzania Zambia Rail Authority (TAZARA), and some of the amazing things that they are currently achieving.
Small Enterprise Finance Agency
Mr Mxolisi Matshamba, CEO of the Small Enterprise Finance Agency (sefa), discusses what programmes they have to assist SMMEs and informal businesses and how they ensure access to finance support for the SMMEs. He also discusses how sefa ensures that that small businesses outside of urban areas get access to…
Data the new oil
Manie Van Schalkwyk, CEO The Southern African Fraud Prevention Service (SAFPS), discusses which areas across the country have been hardest hit by fraudulent activities and how impersonation fraud has increased by 337%. He also discusses what impact the fourth industrial revolution is currently having on cyber crime.
Data the new oil
Manie Van Schalkwyk, CEO The Southern African Fraud Prevention Service (SAFPS), discusses which areas across the country have been hardest hit by fraudulent activities and how impersonation fraud has increased by 337%. He also discusses what impact the fourth industrial revolution is currently having on cyber crime.
Easter holidays could boost the tourism sector
Kenny Dichabe, Chief Executive Officer of the Free State Gambling, Liquour and Tourism Authority, discusses the recovery of the tourism sector thus far and how they are supporting local SMME's. He also discusses how the Easter holidays could boost the Free State tourism sector.
Restructuring due to Covid-19
Jacques Viljoen, Regional Manager of the Free State and Northern Cape for the Retail Motor Industry Organization, discusses how one can restructure their business operations and avoid being met with resistance from employees and their Unions in the workplace. He also discusses why is it so important to negotiate in…
Euthanasia not legal in South Africa
Nonhlanhla Mtshali, attorney and founder of The Legal Affair, discusses the legal developments in SA regarding euthanasia. She also discusses what would happen if a doctor/medical practitioner were to facilitate euthanasia.
Supporting NPO's holistically
Keri Leigh Paschal, Executive trustee of social impact initiative Nation Builder, discusses the perception that the standard operating costs for any NPO should be no higher than 30%. She also discusses how businesses and organisations can support NPO's holistically.
SA critical skills list
Marisa Jacobs, Director at Xpatweb, discusses why is it so important for South Africa to attract critically deemed skills to help regenerate the economy. She also discusses the growing trend of countries using their immigration policies to attract certain skills to their shores.
UIF Ters payments for employees
Jaco Spies, Labour Expert, discusses the latest extension of the covid-19 relief grant of R350 and how important is this for struggling households that are currently feeling the financial challenges of the pandemic. He also discusses what are some of the major challenges hindering the distribution of the UIF Ters…
Can SA afford hydropower?
Siziwe Mota, the Africa Program Director for International Rivers, discusses why is the Inga 3 hydropower project so important to the power grid of South Africa. She also tell us more about the Grand Inga Treaty.
Understanding business rescue
Steyn Straus, Director in the Commercial Department at Phatshoane Henney Attorneys and a registered Business Rescue Practitioner, discusses some of the most important aspects of the business rescue process and what happens to the directors of a company as well as the shareholders during this process. He also discusses what…
Small Enterprise Finance Agency
Mr Mxolisi Matshamba, CEO of the Small Enterprise Finance Agency (sefa), discusses what sefa does and some of the funding options that are available. He also discusses what the qualifying criterion is to receive funding as well as how you can apply for this funding.