Africa, Startup news

TaxTim now lets South Africans file their taxes straight into SARS

TaxTim South Africa's dreaded tax season is finally drawing to a close. As 21 November approaches, local startup TaxTim is now introducing a one-click solution so we can now file our tax returns straight into South African Revenue Service (SARS). Celebrating its third birthday, until now TaxTim has focused on assisting South Africans with completing their income tax return forms correctly online. Essentially, the company went on a mission to make filing taxes enduring, if not fun. "We are very excited to finally ...

Entrepreneurship, News

Knife Capital announces final call for Grindstone Accelerator 2015 intake

knife capital grindstone lead The Cape Town, South Africa-based Grindstone Accelerator programme from Knife Capital is calling for its 2015 intake of scalable innovation-driven businesses. If you haven't heard, Knife Capital is a Southern African growth equity fund manager and advisory firm that focuses on innovation-driven ventures with proven traction. Its accelerator programme, Grindstone, sets out to supply ten companies annually with relevant networks, gap analysis, business support, coaching, funding, and so forth. With a strong belief in engineering growth, the accelerator's previous intake found that ...

Africa, News

SA startup Journey deploys mobile solution in fight against Ebola

Journey-founder-crowd-black-and-white We've seen many tech companies lend a hand in fighting the Ebola epidemic over the last few months, from top class data capturing tech by IBM to gratuitous smartphone donations from Samsung. Now, Stellenbosch, South Africa-based Journey Apps has developed an app in fight against Ebola in Liberia. We've seen many tech companies lend a hand to fight the epidemic over the last few months, from top class data capturing tech by IBM to gratuitous smartphone donations from Samsung. Currently deployed by the non-profit, ...


How can digital entrepreneurs and startups use digital tools to scale their ideas beyond national borders?

Scale Even if you live in one of the world's larger markets, if you're an entrepreneur it's pretty likely that you'll want your startup to scale internationally. After all, with global success comes the chance to go from being just another business owner to an entrepreneurial global superstar? But how should you go about it? And what digital tools are at your disposal if you want to? Those are just two questions that a Hangout, entitled “The new breed of social ...


Dragons’ Den Episode 6: holding onto the hoard

Dragons Den SA 6 In the real world, outside of TV, even the most polished entrepreneurs have to fight extremely hard to get funding. It's not easy. You are, after all, asking people to invest their own money in you. This week, the entrepreneurs in the den got a taste of just how difficult the fight for funding can be. Jobbing around Amanda and Paul Rabinowitz, the first entrepreneurs in the den this week, initially had us breathing a sigh relief. The product they ...


3 books you should read before expanding your startup into a new emerging market

books Maybe you're like Bill Gates, who takes a full week out of the office every to read books, and then goes on for another 12 months of business and life adventure fueled with inspiration. If you're reading these lines, you're likely interested in the emerging markets and what they offer in terms of startups and entrepreneurs. For your Christmas reading list, here are three suggestions to start 2015 with more brainpower. How Asia Works: Success and Failure in the World's Most Dynamic ...

Africa, Startup news

Internfit hopes to address SA’s issue of youth unemployment

internfit South Africa's skills industry has been a hot topic of late. With an estimated 50% of citizens between the ages of 15 and 24 considered unemployed, it's to no-one's surprise. On a mission to address the country's growing number of youth unemployment, Internfit is an online platform that sits in between the demand and supply of internship positions in SA's complicated jobs industry. "One would imagine that in a skills-starved economy they are in high demand, but unfortunately finding an internship ...

Startup news

Softbank investment sees Snapdeal push past $1bn in funding

Snapdeal Japan’s SoftBank Group announced today that it would invest US$627 million in Indian online retailer Snapdeal. With this latest funding, Softbank will become the leading investor in Snapdeal. Existing investors have also participated in this round with a significant undisclosed investment. Nikesh Arora, Vice Chairman of SoftBank Corp and CEO of SoftBank Internet and Media, Inc (SIMI) will be joining the board of Snapdeal as part of this strategic investment. This is the largest investment made by a single investor in an e-commerce ...

Africa, Featured, Startups

Making millionaires: the developers who won big in Gyft’s Silicon Valley exit

cape_town_silicon_cape "Gyft was mostly built out of Cape Town," Vinny Lingham told the audience at a recent Silicon Cape event where a big funding announcement was made. The announcement was hailed as the financial commitment that would change everything for the Western Cape's startup ecosystem. But the ecosystem is already changing. It began changing when the early stage employees of Gyft found out about the startup's exit worth more than US$50-million. Why? Because the developers based in Cape Town were given share options ...

Africa, Entrepreneurship

Inspire Mastery: 5 reasons to become an entrepreneur

business-plan A successful entrepreneur knows how to master his or her environment. An idea can only take you so far. The skill lies in knowing how and when to execute. Inspire Mastery is a series that looks at some of the trends that are driving the journey of South Africa’s savvy tech entrepreneurs. There has probably never been a more exciting time to start a business. Given the tools and knowledge at our disposal, the possibilities are nearly endless and they certainly ...