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SmileBASIC, 55 bytes

TMREAD OUT H,M,
CLS?H,"-"*M?(H+1)MOD 24,"-"*(60-M)EXEC.

Explanation:

TMREAD OUT HOUR,MINUTE,
CLS
PRINT HOUR,"-"*MINUTE
PRINT (HOUR+1) MOD 24,"-"*(60-MINUTE)
EXEC 0 'runs the code stored in slot 0 (the default)

Note: SmileBASIC only has 50 columns of text, so it won't look good...