The OFM Business Hour
The latest business news from Central SA. Presented by Olebogeng Motse.
Last chance for SA expatriates
Jonty Leon, Legal Manager at Tax Consulting South Africa, discusses some of the major reasons that we are now seeing SARS being so serious about collecting taxes from non-compliant expatriates. He also shares some advice for those South Africans that might be planning to relocate to another country.
SARS is aware of your offshore assets
Jean du Toit, Head of Tax Technical at Tax Consulting SA, discusses the recent notice that SARS has given South African taxpayers regarding offshore holdings. He also discusses why is it so important that you speak to a professional if you have received such a notice, especially if you have…
Liqour ban causes huge revenue losses
Hellen Ndlovu, the regulatory & public policy director for SAB (South African Breweries), discusses the impact the liquor ban is having on the SA economy and many individuals’ livelihoods. Due to the ban, the illicit market is robbing the country of almost R1 Billion per month in revenue, money that…
Illicit trade stifles tobacco industry
Mr Sinen Mnguni, Chairman of the Fair-Trade Independent Tobacco Association (FITA), discusses how the illicit trade of tobacco products continues to stifle the tobacco industry. He also discusses recovery of this sector of our economy.
Vaal Driehoek Sakekamer gaan lê nie
Klippies Kritzinger, president van die Golden Triangle Chamber of Commerce, gesels doelwitte vir 2021 en watse uitdagings hulle beplan om hierdie jaar aan te pak. Hy nooi ook ander sakekamers uit om hom te kontak, sodat daar saamgewerk kan word om met nuwe oplossings tot bestaande uitdagings op te kom.
R2 billion lost in tax revenue
Patricia Pillay, CEO of the Beer Association of South Africa, discusses whether small businesses like taverns and craft breweries will survive this continuous lockdown. She also discusses how we can find the balance between saving lives as well as protecting jobs and the economy.
Protect you personal information
Nonhlanhla Mtshali, Attorney and founder of The Legal Affair, discusses some of the laws in South African that protect your personal information. She also discusses what important lessons can users of social media apps like WhatsApp and Facebook learn about terms and conditions of social media platforms.
Covid-19 strangles SADC mining sector
Masutane Modjadji, Communications Officer at the Southern Africa Resource Watch, discusses what impact covid-19 has had on the mining sector of the SADC (Southern African Development Community) region. She also discusses how long it will take for the mining sector to fully recover.
Services sector hit hardest by lockdown
Nancy de Sousa, President of the Mangaung Chamber of Commerce and Industry, discusses some of the challenges that the services sector has been going through during the lockdown period. She also discusses some of their goals as a chamber for 2021.
Raad om Januarie finansieël te oorleef
Januarie is vir baie ‘n moeilike maand, veral na die Desmber vakansie seisoen. Marius Ferreira, finansiële adviseer, deel sy kennis oor wat jy kan doen om die maand te oorleef asook wat jy kan doen sou jy dalk net fisies nie genoeg geld het om die maand deur te maak…
Liquor industry nearing breakpoint
The Beer Association of South Africa (BASA) has issued an urgent call to President Cyril Ramaphosa to lift the blanket ban on alcohol from the 16th of January, Wendy Pienaar, Chairperson of the Craft Brewers Association of SA, explains why this is so important for the industry. She also explains…
Interconnected industries suffer from lockdown
Rose Nkhasi, President of the Free State Goldfields Chamber of Business, shares what the impact of the adjusted level 3 of the national lockdown has been on small businesses in Welkom, especially the liquor, tourism and restaurants industry. She also discusses some of the chamber’s goals for 2021.
Exciting 2021 lies ahead for FSCCI
Renaldo Meyer, CEO Free State Chamber of Commerce and Industry, discusses the economic impact that the adjusted level 3 of the national lockdown has had on local businesses in the Free State. He also shares some of the challenges that they faced in 2020 that need to be addressed in…
Economic impact of level 3 lockdown
Sharon Steyn, CEO Northern Cape Chamber of Commerce and Industries, discusses the economic impact that the adjusted level 3 of the national lockdown has had on local businesses in the Northern Cape. She also discusses if the government has made any help available for struggling businesses and those employees that…
Brexit se impak op Suid-Afrika
Ekonoom, Dawie Roodt, gesels oor wat Brexit presies vir Britanje en vir die res van die wêreld gaan beteken, asook vir Suid-Afrika. Hy kyk na die ekonomiese, sowel as die politieke impak en bespreek ook wat dit vir Jan Alleman in Suid-Afrika gaan beteken.
Massive fuel price increases for January
Towards the end of 2020 we saw the rand do quite well against the US dollar but this was completely undone by the movement of international oil prices. Layton Beard, spokesperson for the Automobile Association, explains how this affected the fuel price. He also discusses if things could look better…
Mandatory vaccinations are unconstitutional
Nonhlanhla Mtshali, Attorney and founder of The Legal Affair, discusses your rights when it comes to mandatory vaccinations in South Africa and weather a company or institution can impose rules to have you take a vaccine. She also speaks about the wearing of masks and what the implications might be…
Should start-ups go local first or head offshore?
Ralph Wichtmann, Consultant at Sovereign Trust (SA), discusses what the positive and negative aspects are of starting a business abroad essentially when you are a foreigner. He also shares some valuable advice for young entrepreneur regarding whether they should start locally or head offshore.
Petrol prices set to increase in 2021
Layton Beard, spokesperson for the Automobile Association, discusses the petrol price that is set to increase in January 2021. He also explains some of the major factors leading to an increase in the price of brent crude oil.
FS Enterprises plough back into their communities
Makalo Mohale, MEC for Department of Economic, Small Business, Tourism and Environmental Affairs, discusses how Free State enterprises assisted by the department will plough back into their communities. He also explains how this solution could solve the unemployment challenge in the Free State.