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  • 3 tech upgrades your startup probably doesn’t need yet

    You deserve to pat yourself on the back — after all, you just launched a brand new startup, and so far the business is thriving. You may even feel tempted to invest in the latest and greatest technology. Before you spend all of your hard-earned money on that fancy new server, though, consider whether you really need it. Research of startup businesses that don't work out indicates 70% fail because of premature scaling. What Is Premature Scaling? A report by Startup Genome defines premature scaling as "focusing on one dimension of the business and advancing it out of sync with the rest...

  • Company Office

    An Exclusive Sneak Peak At Compare Guru – Coming Soon!

    Cape Town, South Africa - The time is getting close to the relaunch of Click n Compare as Compare Guru. The rebrand – planned for mid February - comes as a strategic move to join the brand’s counterparts in Nigeria and Kenya, as well as to incorporate an animated character, The Guru, as their mascot. Compare Guru will fall under the umbrella brand Compare Africa (previously known as CNC Group), now also inclusive of PriceCheck. According to recent research, 31% of South Africans use the the internet to compare products / prices / features online, while insurance accounts for 7%...

  • Here’s what we can learn from Malaysia’s sudden startup decline

    While more Brazilians than ever are starting up new businesses, on the other side of the globe in Malaysia, the number of start-ups has hit rock bottom, shows a new survey. The south-east Asian country's fall may say something about entrepreneurship. ​The 2015 Global Entrepreneurship Monitor (GEM) survey released last week shows that the number of people starting new businesses climbed in a number of emerging economies last year (see Graph 1) including in South Africa, where it rose from seven precent to 9.2%. ​The 2015 report represents the 17th year that GEM has tracked entrepreneurship across various countries. The latest...

  • Mobile tech agency Click Labs opens SA office

    In the last two years, South Africa has really witnessed an influx in mobile tech. From micro-jobs to on-demand courier services and more. Now, to in on the action, international tech agency Click Labs has announced its entry into the country. Founded in India, Click Labs is a mobile app development company with a mission to provide tech solutions around the globe. In a span of three years, the company has grown to a team of 120 members. Click Labs Africa is in line with the company’s vision to have presence in 30 countries across the world in next five years...

  • Singularity University invites SA innovators in Global Impact Competition

    Do you have an innovative idea that could positively change the lives of millions of people in your country and the world? Well, this might be your chance to do just that. Silicon Valley's part university, part think-tank, part business-incubator, Singularity University is on the prowl for South African talent. In a partnership with Rand Merchant Bank (RMB), a division of FirstRand Bank Limited, Singularity University invites local entrepreneurs, leaders, scientists and engineers to apply for its Global Impact Competition, and stand a chance to travel to Silicon Valley. According to a recent press release sent to Ventureburn, RMB chief executive...

  • UNICEF innovation fund is looking for open source tech

    The United Nations Children's Fund (UNICEF) is looking to fund tech startups based on improving the lives of children. "We’ll be identifying opportunities from countries around the world including some that may not see a lot of capital investment in technology start-ups. We are hoping to identify communities of problem-solvers and help them develop simple solutions to some of the most pressing problems facing children," says UNICEF Innovation co-lead, Christopher Fabian in a recent statement. In order for startups to qualify for the funding, they will need to have a working open source prototype of their solution. This can involve expanding, improving,...

  • Here’s why streamlining is so crucial for customer satisfaction

    Customer satisfaction is by far one of the most important aspects of a successful business. If a company falls short on accommodating the needs of their customers, sales decrease, and the business -- fails. If you’ve been in business long enough, you know that not every customer will be satisfied. However, if a majority of your customers aren’t pleased then Houston, you have a problem. Streamlining Processes and It’s Benefits How can a business owner continue to appeal to the needs of their target customer? By continually looking for ways to streamline day to day processes. Streamlining is essentially the process...

  • 3 fast-fixes for your startup people woes

    I’ve always had a deep respect for people brave enough to take the plunge and start their own businesses. Perhaps it’s because I come from a family of entrepreneurs and have personally experienced the joys and the sorrows of risk taking. Both my parents had their own businesses and it was a rollercoaster ride of uncertainty then success, then more uncertainty. My Yiddish grandfather always used to say “one day we’re eating the turkey and the next day we’re eating the feathers.” I chose a more predictable career path in human resource management and organisational psychology and spent 15 years...

  • Accelerator offers $15k equity-free investment to digital healtchare startups

    Science and technology healthcare company Merck will be launching an equity-free accelerator programme in Nairobi, Kenya. It will be aimed at startups in the digital healthcare sector. Those selected will take part in the three-month structured curriculum programme and receive US$15 000 in equity-free funding. Startups will have access to a network of more than 50 000 Merck employees across 66 countries as well as the opportunity to take part in virtual lectures in Germany. The startups will be housed at the Nairobi Garage co-working space, which is aimed at tech entrepreneurs. The Merck Accelerator was established in Darmstadt, Germany and Nairobi will...

  • WorldRemit nets $45m to push growth efforts

    Mobile remittance service WorldRemit today announced that it has raised US$45-million as it looks to expand its current operations. According to a press release sent to Ventureburn, the funding comes from TriplePoint Venture Growth BDC Corp and Silicon Valley Bank and brings the total amount of money raised by the company to US$200-million. The WorldRemit app lets people send money straight from their smartphone, instead of having to travel to a money transfer agent. Those receiving money -- often in developing countries -- can collect the funds as Mobile Money, bank transfer, for cash pickup or as a...

  • This app wants to completely change the way South Africans pay for parking

    We've all been there. You go to the mall, get your shopping done, and head towards your car, only to find that you have no cash for the parking machine. And so you find an ATM, draw some cash, break that cash, and finally pay for your parking, muttering "there must be a simpler way" all the while. It was just such an experience which led KaChing founders Jaco Marais and Rudolph de Wet to decide enough was enough and build such that simpler way themselves. That decision led to KaChing, an app which aims to take the hassle out...