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All posts by Staff Reporter

  • VC-backed programme to boost early-stage high-growth investment

    The UCT Graduate School of Business (UCT GSB) is teaming up with growth equity fund manager Knife Capital to launch a new education programme to promote the development of early-stage, high growth entrepreneurial activity in the City of Cape Town. Why Cape Town? Well, according to the Global Entrepreneurship Monitor (GEM) research at the UCT GSB, Cape Town is ranked as the most entrepreneurial city in South Africa, with early-stage entrepreneurial activity 190%...

  • Sable Accelerator signs agreements with SA tech ventures, funds and groups

    The SABLE Accelerator, a recently formed mentoring network of South African experts living in Silicon Valley and other technology hubs, today announced new partner and portfolio company agreements during a visit to South Africa by two of its co-founders. Aimed at activating and engaging South Africa’s untapped brains trust and knowledge network of expatriate assets around the world, The SABLE Accelerator was launched in August this year to help the country be more...

  • SA business school claims world first: free online business education

    Regenesys Business School is claiming a world first: free, fully accredited, internationally recognised online business education for South Africans. The courses are offered on a freemium model under which studying and access to training materials -- from certification level, through to MBA level -- are free. Submitting assignments or exams, and attending classes are optional paid features of the programme, but are required for qualification accreditation. The following learning programmes are available: Master of Business Administration Postgraduate Diploma in Management Bachelor of Business Administration Higher Certificate in Business Management Registering for Regenesys Free Business Education allows students free access to videos, study guides, eBooks, articles,...

  • Enterprise social media startup WyseTalk secures $1M funding round

    Social media for enterprise startup, WyseTalk, has secured first phase funding in excess of $1 million from an investment consortium comprising high nett worth individuals from South Africa, Europe and the United Kingdom. WyseTalk was developed by Alacrity Technologies and launched in October 2011. The transaction, facilitated by local venture capital firm Clifftop Colony, sees a shift in shareholding as Alacrity Technologies divests to focus on its core financial services and retail business. WyseTalk will now be supported by a group of investors with global tech interests. Speaking on behalf of investors, Sean Emery, Chief Investment Officer at Titan...

  • Report reveals attitudes towards entrepreneurship in Africa

    African entrepreneurs rank the EU as the region offering the most profit potential to new African Business, despite Europe's recent economic woes. One in three (32 per cent) say the EU is the most potentially lucrative global region, while just three per cent say the same of North America. These findings are drawn from a report by business qualifications body, the Association of Business Executives (ABE), that reveal the attitudes of 12 000 of its African business students towards entrepreneurship. The largest number of responses was from Malawi followed by (in order) Zambia, Kenya, Ghana, Mauritius, Botswana, Tanzania, Sierra Leone,...

  • Knowledge Bridge to help news businesses transition to digital

    Media Development Loan Fund (MDLF), the New York-based, "investment fund for independent news outlets in countries with a history of media oppression," recently launched Knowledge Bridge. The website and monthly newsletter contains best practices, strategies, trends, data and resources to help news outlets in emerging markets make the transition from traditional to digital media. The site strays away from focusing on digital editorial innovation. Instead, it provides information, analysis and resources to MDLF's clients -- and indeed anyone involved in the news industry -- about the digital news business. The site falls in line with MDLF's goals which is to...

  • Oppenheimer family invests in 4Di Capital to back SA tech entrepreneurs

    Amid increased calls by the private and public sectors for greater support of South Africa’s growing pool of entrepreneurial talent, local VC company, 4Di Capital, announced that E. Oppenheimer & Son has joined 4Di Capital Fund 1 as the fund’s newest investor. E. Oppenheimer & Son International is the investment holding company of the Oppenheimer Family interests, founders of the global mining company Anglo American, and managing shareholders of De Beers, the world’s...

  • MobiProps: clever mobile real estate service links online and offline worlds

    MobiProps is a mobile real estate service that makes effective use of short URLs, SMS and QR codes to drive prospective homebuyers to online property portfolios. For agents, the service offers a streamlined solution for marketing their property portfolio to the rapidly growing number of homebuyers and sellers using smartphones. The service launches today. MobiProps provides homebuyers with direct access to the property information, high resolution images, video clips, sharing and contact information of ‘for sale’ properties, formatted to fit the small screen of a smartphone. For agents, the service offers QR code and SMS technology to send a...

  • #GovHackSA: intrepid developers tackle challenging government problems

    The first-ever #GovHackSA event held recently, was a free, day-long coding marathon for developers to create new and novel solutions to problems faced by the Western Cape Government, City of Cape Town and Wesgro. The event was spurred by Alan Winde, MEC for Finance in the Western Cape Government, and taken forward by the volunteer GovHackSA team. There were four challenges presented to over 40 community members in attendance. Each participant could choose which challenge they wanted to work on, and teams were formed organically. Some chose to jump right into coding while others brainstormed ideas. Justin Coetzee of...

  • London calling: 11 SA entrepreneurs head to the UK

    Silicon Cape, in partnership with Western Cape Provincial Government and the South African Chamber in the United Kingdom takes eleven entrepreneurs to London this week to expand their ecosystem of funders, mentors, partners and peers. “The objective of this trip is simply to give the eleven businesses attending access to people, information and experience that will make their companies even more successful,” says Rob Stokes, chairman of the Silicon Cape Initiative. “We...