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  • Every company is a media company

    For many years I've been saying that every company is a media company and writing about what that means, as well as its importance to business. At first people were puzzled by that statement but these days it is much better understood. Its importance has increased tremendously and it is now fueling multi-million dollar acquisitions. This week, Fleishman Hillard, one of the world's largest PR firms, and GMR Marketing acquired Amos Content Group in a deal estimated at as much as US$10 million, to create a new venture called Freshwire Tanzina Vega, in The New York Times, reported: "Freshwire will be tasked with...

  • Company Office

    Tshwane free WiFi project provides model for social impact bond

    Model could help with municipal infrastructure challenges A free WiFi project that has successfully taken root in Tshwane could set the pattern for social impact bonds in South Africa in which the private sector guarantees delivery of services, the public sector guarantees payment and commercial funding is accessed upfront from the financial markets. Social impact bonds are a form of innovative funding that gives service providers, including nonprofit organisations, access to upfront resources to tackle social problems by tapping private funding to cover the upfront costs of social programmes approved by government institutions. Kasief Isaacs, portfolio manager for infrastructure investments at Mergence...

  • Silicon Cape to offer startups a chance to ‘Pitch London’

    This is very cool. South African-based entrepreneurial initiative Silicon Cape is leading a trade mission of 10 startups to London to pitch their ideas and raise capital from UK-based investors. The trip is open to any startup looking to expand beyond South Africa's borders, and that thinks it could benefit from UK investment. According to the Silicon Cape, it's organizing the mission in a bid to: Get local startups in front of investors who are eager to invest in the opportunity that is Africa -- it’s up to you now to bring your A-game. To highlight the talent we have...

  • Meet the top execs of the hottest US tech companies. Here’s what they earn

    Tim Cook is Silicon Valley's highest paid CEO, but you already knew that. What do other high profile execs earn? Personal finance and credit service comparison company, NerdWallet, created a tool that shows the compensation of the highest paid executive for each of the S&P 500 companies. We delved into the data for 2011 and ranked the highest earners for some of the more well known US tech companies. Perhaps, like us you are simply curious, but there are some interesting things to note. Compare Tim Cook's salary to that of Amazon.com's CEO, Jeff Bezos. Microsoft's highest paid employee? Nope, it's...

  • A Kickstarter project worth backing: The Startup – a comedy film about startups

    The team behind a new startup comedy set in present-day San Francisco, is utilising Kickstarter to bring the project to life. Simply called the startup, the film bills itself as comedy-drama and aims to show the "the many, ever-changing sides—from the absurd to the sublime, but mostly the hilarious—of life inside an early-stage startup." The project is gaining traction. With 26 days to go, 52 backers have pledged a total of US$11 565 towards the goal of US$25 000 which will allow for a 30-45 minute film. The team is shooting for US$95K however, in the hope of creating...

  • Pitch it. Work it. Launch it: Startup Weekend returns to Cape Town

    Getting a business off the ground takes time, dedication and the occasional bit of sweat and blood. You should be able to pack that all into fifty-four hours right? That's how long people will have to pitch, work and launch their business ideas at Cape Town's second Startup Weekend. These high-pressure events have been a staple of Silicon Valley for some time now, but are relatively new to the South African scene. The 54 hour event essentially provides the networking, resources, and incentives for participants to take a business idea from concept to launch ready, in two days. ...

  • 6 things Koos Bekker could buy if he sold his Naspers shares tomorrow

    Naspers is big. Very big. As in a market cap of US$ 21.3-billion big. A large portion of that is down to its explosive growth since 2008. CEO Koos Bekker has overseen much of that growth, benefiting all the while through the 11.7-million direct and indirect shares he holds in the company. In fact, it's estimated that Bekker's shares in the company are currently worth around R6-billion (US$730-million). That's some serious pocket change. Then again this is a man who can lose US$80-million without blinking. But let's say he had to sell all those share tomorrow. Let's also say...

  • ISBC 2012 aims to mitigate ‘alarming state of entrepreneurship’ in SA

    The most recent Global Entrepreneurship Monitor (GEM) report shows that total early-stage entrepreneurial activity (TEA) in South Africa remains “a matter of grave concern”. The GEM’s TEA metric measures the participation of individuals in early-stage entrepreneurial activity and conveys the percentage of the adult population between the ages of 18 and 64 years that is in the process of starting a business or has recently done so. Although the GEM’s measure of TEA shows that South Africa’s rate in 2011 (9.1%) remained fairly constant (8.9% in 2010), this rate was, again, far below the average of comparable economies...

  • Cash up for grabs with Africa’s largest Hack Boot Camp for Trade Transparency

    Have you ever wondered why certain items seem to cost way more than they do in the US and Europe? RLabs, Department for International Development (DFID) and Mxit Reach will be hosting the first Trade Transparency Project hackers’ boot camp in Cape Town, South Africa on the 3 – 5 September 2012. The aim is to provide consumers with information on how trade-related costs and trade barriers such as tariffs affect them by raising the prices of the goods they buy. If you're a techie, developer, designer, creative person or activist, create visualisations, interactive tools, mobile, web and...

  • 13 inspirational documentaries for entrepreneurs

    We understand that starting a business can be a pretty wild ride and that some business owners experience feelings of guilt when they do anything outside of work, not involved with running their businesses. Documentaries have a way of conveying profound ideas in an entertaining way that can lead to new thoughts, inspire action or simply shine a light on a stones unturned. If you're struggling to unplug, we hope these 13 documentaries will not only inspire you (to continue) to pursue your dreams, but also to kick back and de-stress for a moment -- you'll probably end up learning something. Indie...

  • Bring the social online news room to your business with Pressat

    This is very interesting. Let's say your business has successfully expanded into the UK with some help, and you're ready to let the market know about your product. What's the best way to get the word out? Good question. May we suggest having a look at Pressat, a press release distribution and online publishing service. To start, Pressat -- developed by Manchester agency Atmedia -- will take your press release and distribute it to targeted media outlets across the UK. For a flat fee of £50, your press release is assigned to a member of the Pressat editorial team,...