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All posts by Staff Reporter

  • 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...

  • What innovation really means for business [SPONSORED]

    Innovation, like any good words appropriated too many times for too many purposes, has become something of a cliché, says Adam Oxford of htxt.africa, a company looking to claim back the word by inspiring action. We might understand innovation better “if we could define it a little more clearly”, says Oxford, htxt.africa’s editor in chief. That’s easier said than done, but one simple definition comes from WeThinkCode’s Camille Agon, who believes "innovation is finding solutions to problems". WeThinkCode is a new peer-to- peer tech institution that opened in South Africa in 2016. It aims to identify and train people between the ages of 17 and 35...

  • Domestly takes home 2016 MTN App of the Year award

    MTN has crowned cleaning-on-demand startup, Domestly, as its 2016 App of the Year winner. They were chosen out of 450 entries from SA. The app connects consumers with cleaning professionals in order to create more jobs. It also allows cleaning professionals to manage their schedule and receive payments for the work they've done. Domestly was developed by Berno Potgieter and Thatoyaona Marumo has reportedly created 600 jobs within its first six months of being online. "The big thing about how we packaged the business is that it is a marketplace. It is about getting into a particular area and letting the market play. Cape...

  • GroTech looks to raise additional R38-million for funding

    VC firm GroTech is looking to raise an additional R38-million in funding. This comes after the company received R62-million in its last round. GroTech invests in companies using technological innovations to disrupt industries such as banking, insurance, health, and media among others. "The investment pipeline is healthy. Since the close of the first round of capital raising which closed on 29 February 2016, GroTech has reviewed in excess of 170 business plans. To date we have made one investment and are currently evaluating another three, one of which is at term sheet stage," says CEO of GroTech Clive Butkow in a...

  • Nigerian business directory VConnect receives upgrades for engagement

    Nigeria's largest search engine, VConnect, has received a facelift, making it easier to find local businesses in the country. According to a press release sent to Ventureburn, the website lists over 1.2-million businesses in Nigeria. It allows businesses to list all their information, operating times, as well as images. In turn, customers can rate these companies. "Our goal is to provide complete information that helps users to find and connect with businesses that are right for them. VConnect isn't just a business search engine; it's a discovery and engagement platform," says the founder and general manager of VConnect, Deepankar Rustagi, in a press...

  • Is your Magento store breathing easy? This infographic has the answer

    Magento is a massively-popular open-source ecommerce software suite we've covered extensively here on Ventureburn. And while many may know what it is and how to get the best out of it, there are always a few more things we can learn (that's true about most things, in fact). Read more: Magento, Shopify, WooCommerce: which ecommerce platform works for you? With that said, the team over at MoFluid put together a great infographic for those users who just can't seem to diagnose problems within their ecommerce store. Entitled "How Healthy is my Ecommerce Store?" the graphic takes users through various stages of diagnosing...

  • There’s a Startup Weekend happening in Mauritius

    There's a Startup Weekend in the island nation of Mauritius taking place from 15 to 17 July at the BPML CyberTower 1 in Ebene. The event is expecting around 60 participants, including entrepreneurs, professionals, and students. Those participating will pitch their business ideas for a startup company. They will then need to form groups in order to develop a working prototype. On Sunday evening, teams will pitch their business to a panel of judges who will decide the final three winners. All teams will have the opportunity to receive free mentorship and feedback on their projects from professionals. The coaches will include the likes...