• BURN MEDIA
    • Memeburn
      Tech-savvy insight and analysis
    • Gearburn
      Incisive reviews for the gadget obsessed
    • Motorburn
      Because cars are gadgets
    • Jobsburn
      Digital industry jobs for the anti 9 to 5!
  • Invasion: will international attention boost or badger African tech startups?

    As Africa keeps emitting positive economic signals, international investment will continue to rise. The question is, how will it affect Africa's tech startup scene? Will it boost the fledgling ecosystem, or cannibalise greenfield opportunities? There's a balance in the middle there somewhere, and it's worth exploring. For example, Futurex is the latest international security company to see opportunity in Africa. Based out of Texas USA, the 30-year old company specialises in encryption for secure transactions. Futurex will be represented in South Africa by Stanchion Payment Solutions. As Africa’s unbanked start to gain access to new payment channels, while connectivity...

  • Company Office

    Sureswipe's Move allows business owners to accept payments on the go

    Business owners that often move around to sell their goods and services have been able to increase revenue thanks to Sureswipe's Move payment solution. The solution allows one to easily receive card payments from customers regardless of where one is. Sureswipe MD Paul Kent says Move has boosted the revenue of a number of its small business clients because it allows business owners and their staff to remain mobile, agile and offer their customers personalised, face-to-face service. Move is also a great option for pop-up shops, those operating from markets and who run promotions. “We know the challenges that merchants, independent retailers and SMEs face. This is why we...

  • Seed Engine selects first 6 startups, applications remain open

    Since we last checked in on Seed Engine, the accelerator has begun its first 13 week accelerator boot camp. Six teams of entrepreneurs have been selected from more than 300 applications. Each venture has been given R100 000 startup capital to convert their ideas into practical business plans ready to attract further investment at a demo day in May. Entrepreneurs hope to raise between R200 000 and R2-million. Marc Elias, CEO of Seed Engine says that the ventures selected are all tech focused, have international appeal as well as disruptive and scalable qualities. "There is tremendous energy in our Sandton based...

  • Three trends linking Silicon Valley to Africa’s startup ecoystem

    There is simply no denying that tech entrepreneurship in Africa is on the rise, and the dedication and passion of community leaders across the continent has resulted in a strong pool of technology-driven investment opportunities. From our vantage point high in Colorado’s Rocky Mountains, we’ve been watching three trends that seem to be bridging the ocean between Silicon Valley and the so-called Silicon Savannah. Below are three trends that demonstrate these connections. The rapid growth of accelerator programs Going through an accelerator program today, some would argue, is equivalent to past generations getting their MBAs. The key benefits from an accelerator...

  • Preparing your startup for an exit? Here are 7 things you should do

    You have a startup. Chances are you will raise some decent cash because your idea is that good. You know it's only a matter of time before you're ready to sell it off to the highest bidder. That's great. We are here to prepare you for that moment. Just because your company is great and the technology is amazing doesn't mean the big guns will come calling. Sometimes no matter how great the startup, it escapes the notice of the buyers. More often than not, you have to go find the buyers. The truth is, businesses are acquired if...

  • Need a good startup idea? Here are 5 ways to make it happen

    How did you find your startup idea? For those of us evolving in the start-up ecosystem, it is not uncommon to spend sleepless nights trying to find the right product idea that will find or create it’s own market in the so-called product-market fit. There are tons of literature and excellent books on that topic, such as Eric Ries’ Lean Startup or The Art of the Start by Guy Kawasaki. All offers valuable advices on starting and managing a startup from idea to the first million dollars revenue. However, finding your startup idea does not happen at night reading books, whatever practical...

  • Meet Social8er — a Social CV service for the recruitment industry

    At first glance you probably wouldn't think that there is money to be made off the unemployed. After all, no jobs means no money, right? For the most part perhaps, but the US$400 billion recruitment industry might beg to differ. Technology has the ability to eat into industry revenues and professional social network LinkedIn stands the best chance to take a bite out of the recruitment market. But for the most part, the industry is alive and well. With that amount of money, tapping into the recruitment market seems a good idea, but how exactly can a company do...

  • Pricecheck gets a nod in this year’s BlackBerry Achievement Awards

    Mobile comparison shopping App PriceCheck has been nominated as one of three finalists for the app of the year category in this year's BlackBerry Achievement Awards. The South African-based offers shoppers access to different price options as well as reviews for various products with access to both online and offline stores. According to BlackBerry, the awards aim to recognise "cutting-edge contributions of creative thinkers, from all corners of the globe" by bringing together a community of exceptional businesses, entrepreneurs and developers. "Using BlackBerry technology to help power innovation, the BlackBerry Achievement Awards celebrate when ideas meet execution. As BlackBerry continues...

  • Funding and South Africa’s tech startups [Infographic]

    South Africa's funding scene is cagey. It's really hard to find concrete information, but it's no surprise really, considering all the non-disclosure agreements. Silicon Cape has been running a survey in an effort to unlock some funding information which it hopes will enlighten the country's tech startup community. The survey results were compiled into this infographic. While 60% of startups are self-funded, 41% are in search of funding. Funding is still a luxury available to a select few -- about a quarter of the survey respondents have received funding from VCs, Angels and family. Few investors are willing to invest amounts...

  • CityMob gets Wantitall investment boost

    South African ecommerce player Wantitall has just closed a deal which will see it invest an undisclosed sum of money in flash sales specialist CityMob. According to Business Tech, the investment is designed to help CityMob improve its logistics, warehousing and systems as well as giving it access to more potential customers. Wanitall has steadily climbed the South African ecommerce ranks over the past few years, stocking electronics, toys, jewellery and books, meaning that it competes with heavy hitters in the space such as Kalahari and a Takealot. “We’re extremely excited about this new partnership, it will allow us to...

  • Uncharted entrepreneurship in Africa’s domain name industry

    During the heyday of the domain name business in the late 90s, entrepreneurs snapped up attractive .com domains for cheap. Like real estate, the value of these domain names would balloon over the years as businesses rose to claim not only the smartest word combinations, but also their online identities. Buying and selling domain names turned out to be a very lucrative business for some. Domains like sex.com and insure.com would go on to hold jaw-dropping price tags of US$14-million and US$16-million respectively. That was then. It's quite unlikely you'll find a fetching unclaimed domain these days. Still, it doesn't...