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All posts by Staff Reporter

  • Jobs portal SEEK pumps $20-million into Private Property’s classifieds empire

    Australian jobs portal SEEK has invested US$25-million (R205.53-million) in One Africa Media (OAM), previously named Private Property Holdings. The deal will help the South African-based classifieds company expand its operations in Africa. A significant portion of the group is owned by Tiger Global Management, the New York-based venture capital fund that already partners with SEEK in other ventures across Asia and Latin America. OAM is best known for its Private Property real...

  • Mobile Payment Solution ‘Flous’ to hit Egypt, world’s first Arabic mobile wallet

    MasterCard, National Bank of Egypt (NBE) in conjunction with mobile network Etisalat, are bringing the mobile payment wallet, "Flous" to Etisalat Egypt's subscribers. Using the Etisalat network, Flous can be deployed on any mobile phone and is being rolled out in phases. Phase one allowing subscribers to transfer money between each other, to load cash onto their phones or take cash out at either Etisalat branches (over 100) or over 300 NBE branches. “Etisalat connects people from around the world, and we have developed some of the world’s most advanced networks by constantly adding value to the infrastructure. Mobile phones can...

  • Startup Blitz: TaxTim, a helping hand to simplify filing your tax return online

    Tax season is upon us once again. For many South Africans this means wading through daunting SARS IRP5 forms all the while hoping we are filling them out correctly. For others, it means paying a professional to do this for them, at a nominal fee of course. Enter TaxTim, a simple, fast and convenient way to file your income tax return online, all with step-by-step help from the little man himself: Tim. Asking you one question at a time in "plain language", TaxTim helps you complete your SARS forms for the small fee of R199. TaxTim is the brainchild of South African...

  • wiGroup: the total mobile POS package

    Mobile payments and transactions is a huge market, especially in South Africa and Africa where people are more likely to have an internet-connected phone than a credit card. The number of apps that facilitate transactions is staggering. Because of this, entering the space is tough for any competitor. Taking this into account, one company is trying to drive innovation rather than join the noise by creating a platform that links apps to retailers. This is wiGroup. Calling itself a mobile technology business, wiGroup is bridging the gap between retailers and app developers with a platform that connects them at the...

  • Venture Talk: Is innovation in Africa good or bad?

    Innovation in Africa -- good or bad? In our first Venture Talk, Mich Atagana chats to Sarah Rice, Head of Communications at Mxit, Rapelang Rabana, founder of Yeigo Communications, and Brett Commaille, co-founder and CEO of AngelHub about the current innovation scene in Africa. The group's discussion looks at what role the current innovation hype plays in Africa's startup scene. Generally, Africa's startup industry is still young and full of excitement. Is it...

  • EDGE Campus launches Qurio, plans to disrupt education

    EDGE Campus, the Stellenbosch-based education software startup, has just announced the launch of Qurio-- a free mobile and web product designed to help simplify assessment processes for teachers across the African continent. The product goes live at the 2013 African Education Week. As important as assessment has been in helping educators to better understand how and when to intervene, the process is too often "tedious" and "proves to be a logistical and practical nightmare." According to the startup's research, educators in the Western Cape are spending between 25% and 50% of their time assessing learners in one form or another....

  • Rocket Internet boasts crazy growth for Nigerian Amazon clone Jumia

    German serial web company copiers, Rocket Internet, is reporting that its Nigeria-based Amazon wannabe, Jumia, will move to a new 90 000 sqft warehouse in Lagos which will house 500 employees and "create the largest ecommerce campus in West Africa." Jumnia has now served more than 500 000 customers since its launch, one year ago and is reporting approximately 100 000 unique visitors a day -- making it Nigeria's fourth most visited website according to Rocket Internet (and 18th according to Alexa). The ecommerce site, together with partners Kaymu, Vamido and hellofood, has secured U$35-million in funding from Millicom...

  • Startup Blitz: Dream Mobile, low-cost handsets for the African consumer

    The rising African consumer-market is on the verge of blooming, and waiting to be tapped into. At the center of it all is the mobile device: a vessel that empowers the consumer by connecting them to the internet, and gives them access to the world's information and, let's not forget, (paid) content. Recognising this potential is startup Dream Mobile, a manufacturer of low-cost smart handsets for the African market. Its Dream Phones are packed with functionality and power at a really competitive price. For example its Dream A2 phone retails for R1 699 (around US$169) and sports a similar...

  • Every1Mobile closes R18m angel round, announces 3 million monthly visits

    Every1Mobile (E1M), the company that specialises in building mass audiences via mobile in sub-Saharan Africa, announced that it has raised R18-million in angel investment. The company that runs its core operations from Cape Town, operates nine mobile sites covering education, health, jobs and entertainment aimed at the 15 to 35 age group. E1M, headquartered in the UK was founded in 2010. It uses the power of its mobile-enabled social networks to attract organisations that...

  • The Barn enterprise development programmes entries close today

    Applications for the Bandwidth Barn entrepreneurial course programmes are closing today. The Barn focuses on providing an ecosystem to support both start-up and growth orientated SMMEs in the ICT and Creative sectors by offering business development programmes. The Entrepreneurial Development winter programmes are closing for the June intake and kick-off. The two programmes that now up for grabs are VeloCITI-Y and VeloCITI. VeloCITI-Y is designed for the idea stage entrepreneurs and aims to assist a potential entrepreneur in determining concept feasibility along with your capability in taking that first leap to commit and launch your business. The programme officially...

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