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  • Futurelytics raises $800K, get more from customers with its smart data

    Big data is fast dethroning mobile as the most spoken about and sought after industry in the tech world -- and with that follows the money. Czech-based Futurelytics Inc. -- a prescriptive analytics platform that helps companies extract value from their data -- has received seed funding to the value of US$800K, proving that making sense of data is a viable space for startups to add value. The financing round was co-lead by Index Ventures and Credo Ventures. Other investors include Kima Ventures and business angel -- former CEO of FizzBack -- Rob Keve. According to the company, Futurelytics...

  • Company Office

    Entries for IAB SA 2016 Bookmark Awards open

    Entries for the 2016 Bookmark Awards are now open. This follows a collaborative process of inviting the industry to comment on the revised entry categories for the 2016 Bookmark Awards and finalising the categories earlier this month. Entries may be submitted online at iabsa.net/bookmarks/ Entries close on 15 November 2015. The Bookmark Awards is South Africa’s digital marketing and media industry’s most coveted awards. It rewards excellence in digital advertising and publishing work, benchmarked against international standards. The awards bring together forward-thinking, digitally savvy ad agencies, brands and publishers to celebrate South Africa’s most creative and high-impact digital executions. “This year, some revisions were made...

  • TechWomen to inspire Africa’s next wave of savvy entrepreneurial ladies

    By providing a group of skilled women from Africa and the Middle East access and opportunity to advance their careers, pursue their dreams, and become role models the TechWomen 2013 exchange programme has recently come to an end with the hope to inspire the next generation in Africa and the Middle East. TechWomen is an initiative of the US Department of State, administered by the Institute of International Education. As part of an extensive exchange programme, the initiative takes professional women in science, technology, engineering, and mathematics fields from the Middle East and Africa to Silicon Valley for month-long...

  • 5 tips for getting the most out of your experience with a startup mentor

    In the age of the internet, trends change faster than blink of an eye and businesses are evolving faster than ever. By the time you realize that a technology or business trend is emerging, something else is already come up to disrupt the situation that quickly makes the business / technology plans you are thinking of, look obsolete. This continuous churn creates challenges for entrepreneurs who may quickly get disoriented and confused. In order to demystify this churn, and make sense out of it, the entrepreneur begins to reach out to the ‘sages’. Which begs the question, who are these...

  • Failure isn’t just good, it allows for extraordinary innovation

    Failure is the taboo, unacknowledged elephant in every organisation -- especially in larger companies. When organisations don’t allow their employees to fail, they are paying lip service to innovation. It really is that simple. Innovation is essentially risk taking and success cannot be guaranteed. Innovation cannot happen without failure. Look at Thomas Edison, he failed 1 093 times before developing his version of the light bulb. Would your company have let someone fail so often? Probably not. The education system in most countries instills a fear of failure right from the beginning. It’s about writing tests to which there can only...

  • Caxton and Habari in talks, possibly around acquisition

    Ventureburn has learned that South African publishing giant Caxton is in talks with digital sales house Habari, possibly surrounding an acquisition. While Caxton is probably best known for the range of magazines and community newspapers it publishes, it is also one of the country's largest commercial printers and has been in serious acquisition mode of late. Last year, it acquired a majority stake in South African business and financial news site Moneyweb, previously having held a 34% stake in the company. Earlier this week meanwhile it completed a deal which gives it full ownership of RamsayMedia -- the publisher...

  • Financial startup CompareHero to aid ‘underserved’ Malaysian market

    CompareHero recently launched in Malaysia with the hope of becoming go-to financial comparison site. While the need for financial aid services seems to be growing rapidly in Southeast Asia, company competition is likely to heat up as well. CompareHero's website focuses on making financial decision-making easier for users to make better informed choices on credit cards, loans, insurance policies as well as mobile and internet plans. The service requires users to register for free which in turn creates personal profiles that gives them a customised market overview. CompareHero launched back in July 2013 and boasts a user base growing by...

  • Intel making textbooks more accessible to SA students with new app

    Education is all the rage in Africa right now, so it makes sense that a big tech company like Intel would get into the space. Today the company announced has Intel Explore and Learn Marketplace, a new education solution that provides access to a vast repository of free and low-cost digital text books and interactive learning resources. This move is quite important for South Africa, as the country has been plagued with lack of access to text books for students. Intel's solution is designed for every kind of student, no matter what their age or background. It provides interactive learning...

  • 5 great movies entrepreneurs should watch for ‘reel’ inspiration

    We all know that Hollywood tends to dramatize things. It isn't any different when it comes to portraying the plight of the entrepreneur. Though many of these characters listed below are based on the stories of real people, what better place to find inspiration than in the movies? Catch me if you can: Christopher Walken with “There were two mice” http://www.youtube.com/watch?v=51lFmdChOA0 Though not an entrepreneur, Walken’s character definitely stirred a little something in little Frank Abagnale Jr. Frank might have gone about achieving “success” the illegal way but he definitely gave out-of-the-box thinking, risk-taking and intuition new meanings. Frank Abagnale, played by...

  • Startup Blitz: Prep-Hub is a Q&A website for academics

    Startup Blitz on Burn Media TV showcases the best tech startups coming out of Cape Town and the Western Cape. It's quick, fun and informative with startups pitching in 30 seconds or less followed by a short Q&A with Burn Media Managing Editor Michelle Atagana. Learn about local tech startups right here, in just a few minutes. This latest edition features Chanda Pwapwa, the co-founder of Prep-Hub, an "academic question and answer website" that allows users to post questions to the prep-hub community, and receive answers, all for free. Visit the Prep-Hub website here or check them out on Twitter.

  • Banks are ‘stuck in the past’ — Yiba defiantly enters African credit market

    The peer-to-peer (P2P) lending space in South Africa is heating up. A Johannesburg-based startup called Yiba, an acronym for "You’re Invited Banks Aren’t", is about to join the fray. South Africa's unsecured credit pie is estimated to be worth north of R25-billion. Yiba co-founder Alastair Curtis believes it's high time that traditional lenders part ways with their large profits. The old-fashioned way of saving and lending involves banks. Yiba, like its closest local competitor, RainFin, is betting that lending and borrowing between you and me, is the way forward. Why? The middle-men (banks), are not particularly bothered to provide good...