The OFM Business Hour
The latest business news from Central SA. Presented by Olebogeng Motse.
Unemployment increased by 52.1%
Jaco Spies, labour expert, discusses the third quarter unemployment figures as released by Stats SA. Unemployment increased substantially by 2.2 million (52.1%) to 6.5 million, compared to the second quarter of 2020.
Home loan prequalification
What does it actually mean to be prequalified for a home loan, and does this process put you under any legal or financial obligations? Natasha Champion, Regional Sales Manager of ooba Home Loans, discusses what exactly is a home loan pre-qualification and chances that your offer might be rejected.
Valid and binding contracts
Nonhlanhla Mtshali, Attorney and founder of The Legal Affair, discusses what makes a contract valid and the different types of contracts. She also explains what breach of contract means and if you can be held liable for something you agreed upon using digital media.
McDonalds: 25 years and counting
Telma Tsironis, marketing manager for McDonalds South Africa, discusses what they’ve done to celebrate their 25th birthday, which took place on the 11 November 2020. She also tells us what the next 25 years might look like for them.
Medical technology entrepreneurship
Moshe Lichtenstein, CEO and founder of One Eight Innovation, discusses his role as an entrepreneur in the medical technology field. In the 2019 Global Innovation Index, South Africa ranked first in the category of regional innovation leaders. According to Fortune Business Insights™, the South African wound care management niche is…
Relaunch of Mangaung Business Chamber
Nancy de Sousa, President of the Mangaung Business Chamber, shares some good news for local SMMEs in the Free State. She also discusses the conference they as a chamber will be hosting at the beginning of next year, to help out local businesses recover from Covid-19.
Langpad na herstel na verwoestende veldbrande
Dr. Jack Armour, Bedryfshoof van Vrystaat Landbou, sket vir jou ‘n breër prentjie oor die fisiese en ekonomiese impak van die veldbrande wat in Oktober 2020 in die Wes-Vrystaat gewoed het. Hy gee ook baie belangrike inligting aan persone of instansies wat skenkings wil maak.
Employment Equity Amendment Bill
Nonhlanhla Mtshali, Attorney and founder of The Legal Affair, talks about the Employment Equity Amendment Bill. It is still a bill and has not yet become law in SA. The Bill aims to bring about more employment equity and change some of the measures companies put into place in the…
Cardless transactions increased during lockdown
Ethel Nyembe, Head of Card and Payments at Standard Bank, confirms that consumers shied away from cash and gravitated towards digital payment solutions during the national lockdown. More people started shopping online and using cardless ways to make transactions.
Begroot so vir die Desember vakansie
Vind uit hoe om jou begroting te doen, veral as jy gelukkig genoeg is om hierdie Desembervakansie bietjie weg te gaan. Wouter Snyman, Bedryfshoof van Attooh!, deel ook vier belangrike komponente van enige finansiële plan en vertel jou meer van die “Zero” begrotingsplan.
Virseker: Versekering in jou taal
Virseker het in 2011 ontstaan as ‘n produk van Auto en General en tot op datum is hulle die enigste korttermeinverskeringsproduk wat eksklusief diens in Afrikaans bied. Tydens die sakeuur praat ons met Mone Bothma, Bemarkingsassistent van Virseker om ons bietjie meer oor Virseker te vertel.
Read of the week: Disruption Amplified [Part 1]
Disruption Amplified: Reset. Rewire. Reimagine Everything, by Abdullah Verachia “ is a punchy and timely commentary on issues that are of strategic importance in our time.” - Professor Nick Binedell, Founding Dean, Gordon Institute of Business Science. As we open our minds to the possibility of a world that looks…
Uitdagings vir GTCOC
Emfuleni beleef op hierdie stadium baie uitdagings, soos wat die munisipaliteit deur veranderinge gaan. Klippies Kritzinger, president van die “Golden Triange Chamber of Commerce” vertel vir jou meer oor wat die situsie tans is en brei ook meer uit oor hoe dit tans met besighede in die omgewing gaan.
Dawie Roodt ontleed die mini begroting
Ekonoom, Dawie Roodt, vat jou deur die hoofpunte van die mini begroting wat laas week deur Minister Tito Mboweni gelewer is. Hy verduidelik ook wat die medium termyn begroting vir die man op die straat beteken, veral as dit by inflasie en belasting kom.
Cannabis for Private Purposes Bill
Nonhlanhla Mtshali, Attorney and founder of The Legal Affair, discusses the Cannabis for Private Purposes Bill, that will regulate the usage of Cannabis. She discusses whether employers should have a substance use policy for the work place.
Higher taxes hindered economic growth
National Treasury in its Medium Term Budget Policy Statement mentioned that it had to acknowledge that recent tax increases have failed to generate the revenue numbers initially projected. Darren Britz, Admitted Attorney and Head of Legal at Tax Consulting SA, discusses why these tax increases, that were higher than the…
Finansiële implikasies van borskanker
Borskanker is vir vele mense ‘n uitdagende situasie en het vele finansiële en emosionele implikasies. Finansiële adviseur, Marius Ferreira, deel sy eie persoonlike ervaring en verduidelik hoe ‘n goeie finansiële plan kan help sou jy of ‘n geliefde met borskanker gediagnoseer word.
Cybersecurity and your digital footprint
The Fourth Industrial Revolution was a turning point in the adoption of the Information Age. Manie Van Schalkwyk, CEO of the Southern African Fraud Prevention Services (SAFPS), mentions that it is not only a time when technology impacts nearly every facet of our lives, it is also a time when…
Challenging times for NOCCI
Sharon Steyn, CEO of Northern Cape Chamber of Commerce and Industry, discusses what the current situation in Kimberly is when it comes to service delivery, the water cuts of the past week and if tourism month really made a difference to the industry. She also elaborates about their golf day,…
The importance of brand perception
Simone Berger supports her clients as a brand strategist, facilitator and coach by implementing simple but powerful tools to ensure they reach the highest level of customer service. She shares why it is so important to know who you are selling to, so that you can build a brand that…