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  • Why Africa should look to the cloud

    Where do African organizations and markets stand when it comes to the cloud? Even though cloud technologies are more reliable and efficient than traditional networks for example, many businesses are still too skittish because of privacy and security concerns. On top of that, it gives us access to quality services as well as new potential markets. Via the cloud, elearning for example is becoming an increasingly attractive market in Africa. So why aren't businesses making use of this potential? Though power outages, lack of internet coverage and online security pointing to more attractive reasons for adopting cloud services, many are...

  • Company Office

    Be good at being wrong… and getting it right quickly

    Even the best entrepreneurs get things wrong from time to time. Launching a business is a learning process, and you are bound to go down dead ends and change direction here and there, says CEO of Nomanini, Vahid Monadjem.  One of our investors, Esther Dyson, has the words “Always make new mistakes!” in her email footer. Being wrong is pretty much unavoidable when you’re doing something new. You have to work with a mixture of facts and assumptions. You don’t have a crystal ball, but you have to take a view. And even if a solution or a strategy is...

  • KupiKupon and Celltick partner to bring mobile coupons to Eastern Europe

    Mobile-initiated commerce site Celltick has announced a partnership with KupiKupon-- a service that provides daily deals to people in Eastern Europe. This partnership is said to publish intelligently targeted mobile coupons to millions of consumers across Russia and Ukraine. Celltick’s patented technology coupled with its expertise and deep understanding of local consumer behavior and cultures will allow KupiKupon to effectively target consumers with valuable deals and offers for physical goods and services, based on the location and demographics of each mobile handset user. Through Celltick's expertise and understanding of consumer behaviour and cultures will enable KupiKupon to have better market reach...

  • China’s luxury ecommerce market to be worth $27 billion in 2013

    China’s ecommerce market looks set to be worth $296-billion in 2013 as China surpasses America to be the world’s top e-commerce market. In that industry, one of the most interesting and international segments is Chinese luxury ecommerce. According to a new report by Washington-based Observer Solutions today, the country’s online luxury sales will be worth an estimated $27-billion this year. The report’s authors also made an infographic (see below) that outlines the numbers and key players in this high-end sector in China. It’s structured around four reasons why luxury brands should leap into China right now if they haven’t done...

  • Need a crash course in creating a business? Check out Startup Weekend Johannesburg

    Startup Weekends are getting quite popular in Africa. Give groups of people 50 or so hours, an idea and set them to task creating a business -- easy peasy. Well maybe not. The folks at Startup Weekend Johannesburg have faith though, their event in its third year is coming back to the city of gold. The basics of the event is to together entrepreneurs, designers, developers and startup enthusiasts to participate in 54 hours of taking innovative business ideas from concept to launch. According to the organisers of Startup Weekend Joburg, the 16 August event will see a host of...

  • 6 tips for taking your business online

    The World Wide Web, together with other ICT enabling technologies, has made it increasingly easy for companies to conduct business online. The expansion of the online environment has also brought with it an additional development: the potential for any individual to have a commercial presence. The growth in internet users is having a significant impact on businesses, and for entrepreneurs looking to start their own business, the opportunities are compelling. This is especially true for small to medium enterprises that are looking to expand their value by entering the ecommerce space. The capital layout for selling online has been...

  • 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...

  • MyDoorHandle receives Google invitation to Blackbox Connect

    Dylan Kohlstadt and Steven Ellis from the Cape Town based startup MyDoorHandle have been invited to attend the Google for Entrepreneurs and BlackBox.vc entrepreneurial accelerator programme in San Francisco. This is an exciting opportunity for entrepreneurs to gain and share valuable knowledge of the Valley. As part of a sponsorship by Google for Entrepreneurs, the Blackbox Connect is a two-week immersion programme where non-US based startups get the opportunity to be inspired, grow and connect with the top VC's and game changers in Silicon Valley. Part of Bandwidth Barn's 88mph acceleration programme, MyDoorHandle is a location-based service that allows...

  • 5 key differences between a private and public company

    There comes a stage in every company's lifecycle when going public makes sense. It might be to maintain growth, pull off more aggressive expansion, or bring on new shareholders to gain access to resources and knowledge. Before doing so, a startup (or private company) should give some thought to the differences between a private and public company, especially in terms of what analysts and investors take into consideration when valuating. The term "private company" covers an array of businesses; all the way from single-employee (non-incorporated) to startups, to former public companies who became private after a buyout. This is how...

  • WPP confirms Native acquisition

    It has been confirmed that global advertising powerhouse WPP is buying digital agency Native, a story Ventureburn first reported on in September last year. At the time Native MD Jarred Cinman denied that the two companies were in talks. “I don’t know where you’re getting that information from, but it’s absolutely not true,” he said. “Look, in this industry people are always going to talk to each other, but that’s no reason to prematurely sell my business,” he said at the time. Cinman today tweeted: Well there it is. At last the next exciting chapter of our journey has begun...

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