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  • Vodacom could sell Zoopy by month end

    Ventureburn has received word that Vodacom could offload a large portion of its investment in mobile video product Zoopy before the end of the month. Rumours that the African mobile giant could be selling off its stake in the service first emerged last week. At the moment little is known about the deal. A source, who asked to remain anonymous, told Ventureburn that the sale would definitely go through before the end of the month. When approached for comment, Vodacom spokesperson Richard Boorman refused to comment on a specific date, confirming only that it was looking for a potential investor...

  • Company Office

    Callpay, MyGate announce telephonic payments collaboration

    MyGate, one of Africa’s largest and fastest growing gateways, and Callpay, an innovative provider of secure payment solutions have collaborated to provide a payment solution that offers secure, telephonic payments in South Africa. Through this exciting collaboration, companies that require contact centre agents to accept card can now process these transactions through MyGate to the bank. Card payments are processed in a PCI compliant manner through their contact centre agents without the agent hearing or seeing any sensitive card data. At the point of payment, the agent simply delivers a virtual terminal directly to the customer’s mobile device. It can...

  • How a hacker became a shit-hot entrepreneur: the Alistair Petersen story

    Recently you may have seen massive hype and attention around a bank hacker called Alistair Peterson, mostly unknown, even in some parts of the tech world in which he operates. His blog had a few hundred hits less than a month ago, now it has over 22 000, with over 5 000 newsletter subscribers. If you still haven't heard about him, then read on. A Google search brings up little except his own blog and a small LinkedIn account, so the questions begs, who is he really? The thing is, due to the nature of what he's doing, some folks...

  • TEDxCapeTown live stream coming to a browser near you

    Another TEDx event is hitting the Cape Town tech scene which will "showcases inspirational ideas" in the vein of which TED conferences are revered for. According to TED.com, "TEDx was created in the spirit of TED's mission, 'ideas worth spreading.' The programme is designed to give communities, organisations and individuals the opportunity to stimulate dialogue through TED-like experiences at the local level." The Cape Town edition of the event, which will take place on 21 July, wants to showcase Africa's growing role in the tech world. "We want partnerships, not aid. We are majestic and innovative, and proud to be...

  • PNet acquires Jobs.co.za, scores a premier domain name

    PNet.co.za, a leading South African online recruitment service provider, has acquired Jobs.co.za. The deal will see new enhancements for improved user experience coming to Jobs.co.za, as well as a renewed focus on driving the right candidate traffic to the site, ensuring clients have access to quality candidates. PNet is owned by saongroup.com -- an international online recruitment and software company. The acquisition of of Jobs.co.za will further strengthen saongroup.com Africa's position in the South African market. The amount of the transaction is undisclosed. Jobs.co.za will continue to operate independently while growing its customer base and strengthening relationships with existing customers. “The acquisition...

  • FunDza: an experiment in mobile books

    No one will argue that the basic literacy situation in South Africa is dire. With access to books being so low (only seven percent of South Africa’s schools have a functioning library), several people have proposed utilising the mobile phone -- one device that is certainly not rare in South Africa -- as a platform for accessing books. This is an idea that’s been thrown around in South Africa since around 2007, and multiple projects have been started in the past few years experimenting in getting people, particularly kids, to read books on basic mobile phones. We caught up...

  • Law firm offers 6 tips for courting investors

    Law firm Dommisse Attorneys is a small team of attorneys with a big interest in startups. Speaking to BizCommunity, the firm's founder and senior partner Adrian Dommisse asserts the firm's interest in guiding startups through the legal aspects of securing funding -- both local and international -- as well as lending a hand in acquisitions. Dommisse says that whether you’re seeking venture capital from an international fund or courting potential shareholders, your startup will benefit from laying a basic legal groundwork early on. Complication and clutter can alarm investors, keep things simple. The less complex your capital structure and...

  • Microsoft launches angel fund and incubator: Bing Fund

    Could the next Facebook, Twitter or Pinterest emerge from the Bing Fund? Microsoft hopes so. Officially announced late last week, Microsoft's new "angel fund with an incubator program" is "founded by entrepreneurs, sponsored by Bing, and backed by the experience, expertise, and resources of Microsoft." US-based early-stage companies will get an opportunity to work with Microsoft for about four months, and will receive funding through a convertible note (a loan that converts into equity), special access to Microsoft technology, support from Microsoft engineers and marketers, and introductions to investors. Microsoft has official presences in emerging market countries around the world and...

  • TaxTim will dramatically change your opinion on filing tax returns

    Death and taxes. Both certain and both capable of evoking equal measures of despair. When tax season lumbers around, it’s hard enough to recount the cost of living lawfully, without the filing process being tedious and daunting. Take heart though, a South African startup called TaxTim is about to throw all your preconceptions about filing taxes out the window. Launched in November of last year, TaxTim is an approachable, virtual tax assistant who helps you complete your tax return by asking you simple questions, in plain English. By answering Tim’s questions, you help him collect the information needed to fill...

  • International innovation, design outfit wants a startup-in-residence

    This is cool. International design and innovation consultancy IDEO is giving entrepreneurs the opportunity to be a startup in residence at its Chicago offices. The consultancy claims that the programme, which lasts from 1 September to 1 December 2012, will see it "invest by committing to you, inviting you into our community, connecting you with our network of clients and thought leaders, and collaborating side by side with you to build a transformational organization and launch a new concept into the world". Oh and in return, you have to give it a small, we're not exactly sure how small,...

  • Ice cream on demand: All scream for Uber ice cream!

    Starting today, a new ice cream cone icon will appear in the Uber app, which lets users summon an ice cream truck to their location. Uber, the startup behind the app that lets users hire cars from their phone, is putting ice cream trucks on the road as part of National Ice Cream Month in America. It costs US$12 for a bundle of five ice creams -- types are location specific -- and the app will give you an estimation of how long the ice cream truck will take to arrive. When the truck pulls up, Uber users can also...