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All posts by Staff Reporter

  • Universal Technology Holdings acquires 51% of MiBRAND

    Business solutions based company Universal Technology Holdings (UTH) has acquired 51% of MiBRAND, an app focusing on specials for consumers. The acquisition will allow MiBRAND to receive both funding and infrastructure for expansion. "Using our investment and new found resources we will be focused on increasing our global footprint, starting with the launch of our mobile development branch in Asia," says the co-founder of MiBRAND, Salvatore Barras, in a press release to Ventureburn. Since the app's launch in July, it has received over 2500 downloads, the developer claims. It also went on to win the People's Choice Award at the MTN App of the Year awards. The startup...

  • Top startup events in South Africa, Africa you should know about this week [03/10/2016]

    Looking to get into the South African startup scene or scratch up on some of your skills? Well, you’ve come to the right place. There are loads of competitions, networking sessions and workshops happening around South Africa and the rest of the continent (namely Kenya, Nigeria and Ghana) that we’ve rounded up to make your life a bit easier. This article is part of a weekly series that highlights all the top startup competitions, networking sessions, workshops and conferences around South Africa, and the greater region. If you have any event recommendations for us to add to the list, or...

  • Uncovered: Ventureburn lists South Africa’s fintech ecosystem [update]

    Financial technology, or Fintech as the buzzword goes, is a hot topic in the international startup industry. Companies launching in this space are usually looking to disrupt banking institutions, the way money is handled, or empowering those without access to cashless payment systems. In SA, these startups cover a broad range of industries, from Blockchain to Lending, and even Remittance. It's an industry that has gained phenomenal traction with the likes of PayFast, FinCheck, and BitX making waves in SA. Ventureburn has created an infographic on all of the companies that we know about and categorised (in a broad sense). Of course,...

  • Seedstars World is looking for 10 startup contestants in Uganda

    Ugandan startups are in luck as international pitching competition Seedstars World is heading back to the country on 30 September. The event will be looking for the country's best tech-based startup out of 10 contestants. Entrepreneurs wanting to enter their startups will need to have a company that is less than two years old, has raised under US$500 00o in funding, and has a minimum viable product with traction. The competition is looking for profitable products that solve regional issues. "This year's theme of finding startup companies that will solve regional issues means that they will be able to drive their profitability while...

  • Top 31 entrepreneurs under 40 making waves in South Africa [Digital All Stars]

    Digital All Stars is a series of articles which aims to celebrate the best of South African digital. The articles, which will appear on Memeburn and Ventureburn, recognise and celebrate South Africa’s best digital entrepreneurs, business people, advertisers, and media professionals among others. The All Stars listed in the articles are compiled using a combination of our editorial team’s own knowledge, that of experts in the fields covered by each article, as well as public vote. There's a variety of talent in the South African startup space. Each and every year we're seeing more and more interesting startups coming out of the...

  • MyFinda, the ‘first’ search-engine in Kenya

    Myfinda, which claims to be the very first search engine developed in Kenya, has officially been launched by Finda Mobile Application Limited last week. Since the initial activation in January, they've had over 5000 downloads and over 400 businesses registering, the company revealed in a press release emailed to Ventureburn. "The purpose of Myfinda is simple, to make the Kenyan local business visible and accessible," said CEO and founder of Finda Mobile Application Limited, Maliha Sheikh-Sevany. MyFinda is a mobile application directory which enables a business to increase their visibility within the marketplace. It provides customers with access to updates regarding jobs, fashion and currency, to name a few. MyFinda's subscription...

  • Innovation Summit: watch and learn at Ventureburn Pitching Den [Native Article]

    Pitching your business/startup to potential investors is a daunting task for almost any entrepreneur, but what better way to get pointers than by watching a high-stakes pitching process? We've teamed up with the SA Innovation Summit for the Ventureburn Pitching Den Competition, offering some attractive prizes to winning startups. The competition, taking place at the summit's Market on the Edge exhibition area, will see startups pitching their businesses to a panel of judges. The panel will judge the businesses using several criteria, including innovation, financial performance and strategic direction. What do the startups gain? So what kind of prizes are up for grabs then? Well, the overall winner gets...

  • Jumia Pay is Jumia’s latest payment initiative

    Nigerian shopping giant, Jumia, recently announced the launch of its third-party payment solution which provides a 'more convenient' payment method to its users. Jumia's cash-on-delivery payment method constitutes between 70-90% of its current payment methods. Its new initiative, JumiaPay, will facilitate online payments across the 23 countries the company operates in. "Jumia Pay has a very simple yet crucial objective: go even further in providing a safe, a secure and a convenient shopping experience to our customers, building trust along the way between us, our thousands of sellers and our millions of customers," said Co-CEO of Jumia, Jeremy Hodara in a...

  • Applications open for Johannesburg based Centre for Innovation and Entrepreneurship courses

    The Centre for Entrepreneurship and Innovation (LORA) is looking for applications for its 2017 New Venture Creation programme in Johannesburg. The programme will prepare students for decision-making, risk-taking, storytelling, market, strategy, and other topics. Students will need to complete Entrepreneurship and Innovation, Business Finance, Operations Management, Marketing Management, Personal Branding, Digital Marketing, and Business Strategy and Leadership modules. The course is five months long, spanning January to July, and is a SETA accredited certificate. According to the LORA about page, the programme's teachers "don't teach what is in the textbook, we discuss what practically happens in the marketplace, the next bounce of the ball in...

  • Is SA ready for the new world of work? [SPONSORED]

    The days of landing a job and staying in a company until retirement are gone. Indeed, for the new workforce, this old-fashioned approach holds little reality, writes Jane Steinacker. Last year, Millenials (roughly defined as those born from the early 1980s) became the largest generation in the workforce. This, says Lee Naik, MD of Accenture Digital, is significant for two reasons. "First, because Millennials will soon become the predominant source of human capital, and, second, because businesses stand to benefit greatly from the technology acumen and talent this generation (also known as 'digital natives') possesses." The greatest workplace disruptor, digital transformation, is changing not just the way...