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  • A dummy’s guide to why reporting is essential for your online startup

    These days most small businesses know that they need a website. Some also realise the importance of email marketing and social media in marketing their business to their target audience. However, not all small businesses realise the importance of tracking the activity on their website and social networks, and how it can help them to save money and grow their business. Brands have access to an incredible number of resources offering free insights about their website traffic, social media and email marketing. Utilising this data and more specifically, real-time data, has become a reality in the day-to-day running of a...

  • Company Office

    Netflix: What do South Africans think?

    With the announcement of Netflix launching in South Africa a few months ago, it might have seemed like a belated Christmas gift from America. But has the novelty seemingly worn off quicker than one would expect? There are plenty of reasons why the excitement of Netflix in South Africa seems to have died down. For one, there are not many South Africans who are fortunate to enjoy the luxury of cable TV, never mind Netflix. There is also the added hurdle of using the streaming service with limited to no access to the Internet for many and data bundles that do...

  • Philips, The Innovation Hub announce finalists in healthcare innovation competition

    Five finalists have been selected for the Philips Africa and The Innovation Hub's first partnered competition, the Innovation Fellows Competition. The competition aims to find the next big innovation idea that will help revolutionise the South African health care industry as well as address relevant challenges in healthcare. The five finalists -- who will be awarded R12 000 each -- were chosen out of 61 entries received by the competition. They will also receive mentoring and guidance on putting together a winning business pitch and plan for the final. Senior Vice President and CEO of Philips Africa, JJ Van Dongen, says new innovation...

  • Eco-Innovators programme seeks to make environmental entrepreneurs investment ready

    Cape Town, South Africa-based incubator and consultancy firm Impact Amplifier has opened applications for its Eco-Innovators investment-readiness programme. Set to start in late January 2016, the programme will include up to 10 entrepreneurs who focus on the environmental goods and services sector. Speaking to Impact Amplifier's managing partner Tanner Methvin earlier this year, he noted that while impact investing has spiked in recent years -- from US$4-billion in 2011 to US$12.7-billion in 2014 globally -- investors are still facing a range of different challenges in deploying their capital. Read more: Africa is the new frontier of impact investing Some of these challenges...

  • Everything you need to know about the East African startup landscape [2015/2016 Update]

    Update: Are you a venture capitalist or an angel investor looking to invest in a company? Are you an entrepreneur looking for capital or other opportunities? Are you an aspiring startup owner looking for assistance? Well, you have come to the right place. Ventureburn presents an updated guide to East Africa's startup scene. This article is the most comprehensive guide for anyone who wants to get involved with, or have a better understanding of, the region's fast-growing startup space. It's the second of our inaugural series, with others focussing on South Africa and West Africa. Read more: Everything you need to...

  • Don’t fancy queuing for petrol? This app’s got you covered

    If you're looking for evidence that South African entreprenurs are embracing the idea of the on-demand economy in a big way, look no further than FillApp. The app, built by software development house Cybatar, labels itself as "the first online filling station in Africa" and promises to "change the South African fuel retail industry forever". The Pretoria-based startup has been running a prelaunch customer development campaign through its website since August and claims to have acquired more than 900 users who "are ready to start using the services". FillApp is essentially Uber, but for petrol and gives people the option...

  • Report details how frontier investing can benefit investors

    Foundation and impact investment firm Omidyar Network has released a new report detailing how investors can benefit from frontier capital investments. Entitled Frontier Capital: Early Stage Investing for Financial Returns and Social Impact in Emerging Markets, the report contains information from interviews with leading investors, data analysis, and meta-analysis of existing research. Frontier investing focuses on the US$2-8 per day earnings income bracket. Populations within this bracket range from bottom- to lower-income-middle-classes within the economic pyramid. According to a press release sent to Ventureburn, these segments have greater purchasing power and a steadier income, but still benefit from products and service that...

  • Tech4Africa’s Gareth Knight: Africa needs real tech heroes

    Africa needs heroes. Real heroes, who build innovative products for the continent and live on the continent, not exiles who've found their fortunes in the US and Europe. That was the message from Tech4Africa founder Gareth Knight on Thursday, as he announced plans by the African conferencing series to expand its role in the African tech space. According to Knight, the south African tech space hasn't had nearly enough collaboration, with a lot of interests serving themselves rather than the industry as a whole. "We think we could be doing a hell of a lot," said Knight, referring to...

  • Africa is the new frontier of impact investing

    In the endless search for global development opportunities, the supply is limited for the first time in history. Africa is truly the last frontier. In fact, 44 percent of its population in 2006 was 15 or younger -- and members of the millennial generation synonymous with innovation -- making Sub-Saharan Africa the youngest region in the world. And this youth population is eager for opportunities -- but without sufficient food or access to education, they can’t seize them. Instead, civil unrest only proliferates, furthering economic turmoil, the cycle of poverty, and the divide between countries with and without Internet access. As a...

  • SA Florist announces new ‘Zoom Bloom’ service

    Online florist startup SA Florist today announced a new feature called 'Zoom Bloom'. Announced at Tech4Africa on Thursday, the feature allows you to order flowers and have them delivered in under two hours. The feature is the latest bid by the startup, which became a household name after attracting a R3-million investment on Dragons Den SA, to disrupt the traditional florist model. Most big flower distributors don't allow you to order flowers for same day delivery after 12PM. And those that do are often constrained by the delivery capacity of individual florists. Zoom Bloom aims to change that, allowing you...

  • Survey: 96% of SA startups lack government support

    According to a new study done by online accounting and payroll provider Sage, 96% of startups in South Africa say they have had no assistance -- financial or otherwise -- from national government in building their businesses. These figures echo the findings of the Ventureburn Startup Survey earlier this year, which revealed that a mere one percent of startups relied on government for funding. The Sage study further found that startups are incredibly hard working, if not overworked. More than half (54%) of the businesses surveyed have not taken a holiday last year, and that 70% put in more time than...