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  • Ghanaian medical startup wins MTN Entrepreneurship Challenge

    MedRX, a Ghanaian startup which aims to connect patients, doctors, and other healthcare professionals, has claimed top spot at the inaugural MTN Entrepreneurship Challenge. The Pan-African competition, which launched on 15 February 2016, concluded on Friday, 27 May at the MTN Entrepreneurship Festival held at Philippi Village in Cape Town. The three finalists from Nigeria, Ghana and Tanzania faced a panel of experienced business leaders comprising Jérémy Hodara, co-CEO Africa Internet Group, Professor Walter Baets, Director of the University of Cape Town Graduate School of Business and Herman Singh, MTN Group Chief Digital Officer, as they battled it out...

  • Company Office

    Judges announced for the IAB SA Bookmark Awards 2017

    The IAB SA has announced the list of judges that will decide which contenders will scoop a coveted Bookmark Award in 2017. The team of judges, led by Jury President John Dixon, features more diverse industry players than ever before. Josephine Buys, CEO of IAB SA says, "Our mid-year, judges workshop yielded valuable insights from the best in the business for judging the Bookmarks 2017. We have secured the time and talent of some of the brightest minds in digital and have expanded our pool of experts to include gamers, innovators and engineers.” Judges will now fall under the categories of...

  • Top startup events in South Africa, Africa you should know about this week [30/05/2016]

    Looking to get into the South African startup scene or scratch up on some of your skills? Well, you’ve come to the right place. There are loads of competitions, networking sessions and workshops happening around South Africa and the rest of the continent (namely Kenya, Nigeria and Ghana) that we’ve rounded up to make your life a bit easier. This article is part of a weekly series that highlights all the top startup competitions, networking sessions, workshops and conferences around South Africa, and the greater region. If you have any event recommendations for us to add to the list, or...

  • Call for nominations: Digital All Stars’ 30 Entrepreneurs under 40 [closed]

    There are a lot of amazing entrepreneurs in SA doing fantastic things. For Ventureburn's next Digital All Stars piece, we will be focusing on the top 30 entrepreneurs under 40 who are making waves, and you get a vote. We are looking for candidates who are under the age of 40, who have a startup in the SA tech-space, and who are doing great things. Now is your chance to submit whoever you think would fit the criteria. In order to do so, please email editor@memeburn.com with the subject "Digital All Stars Nomination". The email should include the full name of...

  • New conference to explore disruptive tech in Africa

    Disruption technology is changing the world at a rate never seen before. And although the consequences are still unclear for many industries, it is clear that people's jobs will be affected. There are also, however, a host of untapped opportunities for these technologies to lift millions out of poverty. If the latter is to happen in Africa, then the continent needs to figure out how to use these technologies strategically. In a bid to add to the conversation around this, Things Technologies will host an Industry4.0 summit at the Sandton Convention Centre on 23 June. The summit is inspired...

  • Seedstars crowns 3 winners at Cape Town pitching event

    International startup programme, Seedstars, named Pargo, Wumdrop, and Crew Pencil as winners of its Cape Town pitching event. The event was held at Workshop 17 at the V&A Waterfront on 27 May. Ten pre-selected startups pitched in front of a panel of judges and audience. The three winners will now go on to compete in Johannesburg where they will go up against finalists from Soweto and Durban. The ultimate winner of the Johannesburg event will represent South Africa at Seedstars World in 2017 and compete for a US$500 000 equity prize. Jacobs Foundation will award US$50 000 to the best global education startup at the final event. All...

  • 18 SA gaming startups you should know about [Digital All Stars]

    Digital All Stars is a series of 24 articles which aims to celebrate the best of South African digital. The articles, which will appear on Memeburn and Ventureburn, recognise and celebrate South Africa’s best digital entrepreneurs, business people, advertisers, and media professionals among others. The All Stars listed in the articles are compiled using a combination of our editorial team’s own knowledge and that of experts in the fields covered by each article. Gaming development has been growing in South Africa over the years and is growing into a multi-million Rand industry. There is a large community around game development, with groups such as MakeGames SA...

  • 5 reasons your startup should consider an online loan

    "Banks loan money to businesses that can prove they don't need to borrow the money." This statement is an adage for a reason. Traditional brick-and-mortar bank lending can be inflexible and hard to attain. When you consider that a US$10 000 loan and a US$10-million loan cost roughly the same amount to administrate – with the latter providing significantly greater profit – it's not hard to guess why banks tend to invest in large corporations rather than small businesses. For years, small businesses that didn't qualify for funding had to rely on credit cards or bootstrapping. Then came online and platform...

  • SA on entrepreneurial decline, says latest Global Entrepreneurship Monitor report

    The latest Global Entrepreneurship Monitor (GEM) report for South Africa says entrepreneurs in the country have declined during 2015 to 2016. According to the report, entrepreneurial intentions in SA have almost halved when compared to 2010 and are 3.6 times lower than the African average. Since 2014, there has been an 18% increase in creating startups out of necessity. This is due to SA's poor economic growth and high unemployment rates, according to the GEM report. Entrepreneurs in 2015 are four-times more likely to anticipate making no contribution to job creation. Due to unprofitability or problems in accessing finance to sustain the business,...

  • Payroll fraud could be hurting your startup, here’s how to fight it

    Payroll fraud is more endemic than many business owners realise, and this problem is not exclusive to small and medium enterprises (SMEs). The 2016 ACFE Global Fraud Study revealed that 12% of fraud detection in small business came from an internal audit, whereas in larger enterprises this was 18.6%. For SMEs the detection of fraud is less frequent than larger organisations, however, it is still a high statistic to ensure companies are aware of the risks. One of the biggest tips for small business owners is to become suspicious if a member of your payroll department never goes on leave, arrives...

  • SID Instant EFT launches next version of its payment solution

    Startups with ecommerce stores may want to consider EFT payments for their products. Transaction gateway company SID Instant EFT has announced a new version of its solution. The new system -- dubbed SID 2.0 -- allows for compatibility across more devices and a responsive design. Customers will also no longer have to longer have to download the SID application in order to complete a transaction. "Together, our goal is to provide the SID payment service to each and every e-commerce website in South Africa. Ultimately, this will ensure that South African consumers always have a secure payment alternative available to them when...