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  • 11 top African tech startups to watch, says Seedcamp

    Seedcamp, a European micro-seed fund that invests in early stage startup companies, has selected 11 South African technology startups to possibly attend the Seedcamp Week programme held in September in London, UK, where they will be in line for a potential €50 000 investment. Seedcamp, in conjunction with the Tech4Africa conference, put out a call for applications for funding and received more than 40 entries from technology startups across South Africa. The selected African entrepreneurs will have a rare opportunity to pitch their businesses at a group of people connected to powerful investors, mentors and startups throughout EMEA, with one...

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    Top international fashion brands are a click away at Superbalist.com

    Attention all fashion lovers! Popular international fashion brands, Vero Moda and Jack & Jones, are now exclusively available at online fashion destination, Superbalist.com.  Gone are the days of being isolated from access to global trends as Superbalist brings you internationally coveted brands at the click of a button. Danish brand, Vero Moda, is one of Europe’s largest labels offering high quality, on-trend apparel at affordable prices. The range is chic and modern, and is about rebooting your wardrobe with basics and beautiful tailored pieces. You’ll find items that are perfect for a campus style reboot or a night out on...

  • Twangoo brings the power of collective buying to South Africa

    Do you like the idea of saving 25% on a floatation hydrotherapy session? Or what about a R100 saving on a meal at Gourmet Burger. If these deals appeal to you, then you might want to consider joining Twangoo.co.za, a new Cape Town-based startup which is harnessing the power of collective buying to make great deals available in cities around South Africa. Collective buying is one of the hottest trends on the web right now, and it's a timely introduction to the South African market. The concept was pioneered by Groupon, the American powerhouse in this field who offer deals...

  • Kalahari.net expecting big things from its new and used goods platform

    South African online retailer kalahari.net is forecasting impressive growth by the end of the year from Marketplace, its new and used trading platform which was launched in February this year. Kalahari.net believes that the trading platform, which lists both used and new products for sale, will provide South Africans with a way to earn extra money, which is especially important in the current economic climate, and speaks to South Africa’s natural entrepreneurial spirit. “The launch of our marketplace allows online users to sell their new or used products on a platform that has an enormous database of existing customers and that is...

  • Why Silicon Valley is only part of California’s innovative success

    California seems to be on a constant roller-coaster of events – technological, economic and social. Strangely enough, the state keeps moving on as the American epicentre of high-tech industry. To technological entrepreneurs, California is synonymous with Silicon Valley, a place where brain-rich can become money-rich. To movie lovers, California is synonymous with Hollywood, where real life can become fantasy. In the 1980s, Silicon Valley defined California’s economy in particular and America in general. It was the first time in the history of capitalism when the best brains made the most money. Inheritance was frowned upon as wealth based on sexual...

  • Exploding 7 myths about venture capital

    The venture capital investment industry is laden with myths and misconceptions, often causing entrepreneurs to lose faith in funding and enthusiasm for their business. Andrea Bohmert, chairperson of South Africa's Cape IT Initiative’s Board of Directors and director and co-managing partner of Hasso Plattner Ventures, helps demystify some of the more destructive fallacies. 1. There is no money The first common misconception is that there is no money to fund entrepreneurs. This idea exists largely because so many business plans are declined, and so few are accepted. The first thing that counts against an applicant is failing to take...

  • Smoke and mirrors at new start-up Smokoo.co.za

    A new start-up, Smokoo.co.za, has found a unique way of publicising their upcoming launch in South Africa. They're not telling anyone what they do. Instead, the company has begun marketing themselves with a competition where people have to guess what kind of company Smokoo is going to be. The person who comes closest, wins an iPad. The only clues on their homepage are their logo, an iPad and a clock that's counting down towards the launch date of 1 August 2010. They also have a Twitter account and a Facebook page where you can try and extract some more clues about what...

  • Mocality aims to be ‘largest’ mobile business directory in Africa

    If you’re in downtown Nairobi before the 4th of August, be sure to pop in to the Barber Q Hair Studio and get yourself a free head massage. The studio is on the 2nd Floor of El-Roi Plaza, close to the Odeon Cinema. This is just one example of the thousands of snippets of information that are at the heart of Mocality, a free-to-list, hyper-local mobile business directory in Nairobi, Kenya. Mocality offers a free business suite of tools to all listed businesses, such as the ability to upload customer mobile numbers into the Mocality platform, a free mobile website...

  • The lack of tech IPOs is holding back job expansion in US, says leading VC

    Robert Ackerman, a leading Silicon Valley venture capitalist and founder of Allegis Capital, says that tech IPOs will remain scarce and that this will curtail job creation in the US. A continued scarcity of tech IPOs means that the Obama Administration won't be able to count on Silicon Valley startups to help spark a job boom and help alleviate tough economic conditions for millions of unemployed. Mr. Ackerman says, "These days, tech startups have to rely on being acquired by a larger company once they reach a certain size because there isn't an IPO market to help them recapitalise and grow...

  • AMMO: A fresh approach to mobile banking

    As I write this story, I’m tucking into my free lunch. Yep, that’s right, I said free lunch. Remember when you were told that “there’s no such thing as...”? Well, that’s because I’m eating it. Vida e caffè just gave me a croissant and a cappucino without a penny leaving my pocket and all because I signed up to AMMO Mobile, a trendy new mobile banking application developed locally that has come swaggering onto the mobile banking playing field with the confidence of a seasoned veteran. AMMO Mobile’s funny, hip and user-friendly website keeps you entertained while you register to...

  • Transforming data into information: 4 important steps

    Data is meaningless. Bunches of numbers and ratios mean nothing without a context. Data on its own can’t help us do anything better. Information however, is beautiful. Information can make us laugh or cry. Information is data set on fire, data with a purpose. Take Depressed Data, follow these four easy steps and voila: Inspirational Information! 1. Know your business goals An often neglected first step you have got to be very aware of, and intimate with. If your website makes a large proportion of its revenue from Pay Per Impression ads, then  the number of visitors and page views will be important...