Africa, News

DHL records 1000% growth in sub-Saharan Africa in less than 3 years

DHL The notable red and yellow German logistics company DHL Express recently announced a massive growth milestone of 1000% within the last three years in sub-Saharan Africa. This impressive growth is mostly attributed to its third party business partnership strategy. In the press release, DHL Express notes that it's increased its service points from 300 to over 3 300. Apart from the DHL outlets, the company has also partnered with key business owners or resellers including electronic stores and travel agencies ...

Africa

Forget funding: 5 things South African tech entrepreneurs really need to start caring about

Building And it's probably not bitcoin. In the last couple of years, startups - especially within the tech sector - have (finally) been given a bit more time in the spotlight. I'd say that this has mostly coincided with endeavours like Silicon Cape and the passion of a handful of individuals (entrepreneurs, investors and geeks) to create more of an ecosystem for (tech) entrepreneurs to flourish. I've mostly been on the fence about getting overly involved or saying anything overly opinionated about this, ...

Ecommerce, News

uAfrica announces Kalahari, Yuppiechef, Zando among SA’s best ecommerce sites of 2014

ecommerce 2014 One of Southern Africa's leading ecommerce companies, uAfrica, today announced the winners of the six award categories highlighting the best in the online retail space at the eCommerce Awards held at the eCommerce Conference 2014. The eCommerce Conference is designed to help people keep up to date with the latest trends in ecommerce, present the best the world of ecommerce has to offer, and of course, to be able to network and share business ideas with industry colleagues. As part of ...

Entrepreneurship

3 valuable lessons from a successful startup exit in South Africa

Sale Long ago in a world far, far away (Cape Town, 2010), I started and ran a group-buying website. Yes, I was taken in by the amazing allure of Groupon, the "fastest growing company in the world". Little did I realise growing too fast was not actually a positive. Nevertheless, I was hooked and put together a small team that would launch a site and start selling deals within a month. It took us just over four weeks to put up our ...

Startups

Want to win R25K? Enter Ventureburn’s ‘Startup Battle’

Startup Battle 2 What makes a good business? Is it the idea? Or perhaps the market gap? Maybe it is the business model or timing. There are many different elements that make a good business. Every day in Africa a startup is launched or an idea is born. If there is a problem and it has a tech fix, someone in South Africa is working on it. We want to you to tell us why your business is great and why this idea could ...

Entrepreneurship, News

LaunchLab Pitching Den offering entrepreneurs R80k in seed funding

LaunchLab For the second time this year, the LaunchLab initiative is offering entrepreneurs the opportunity to pitch their ideas to win their share of R80 000 in seed funding. With a slight change this time round, Stellenbosch University has partnered with the University of the Western Cape to make the Pitching Den "bigger and better" than the previous round help earlier this year. With a Microsoft BizSpark sponsorship, the pitching venues will be taking place on three university campuses, namely Stellenbosch University, ...

Africa, Ecommerce, News

uAfrica announces top 30 websites in SA ahead of eCommerce Awards

ecommerce 2014 In the run-up to the 2014 South African eCommerce Conference, which will be held on 4 September in Johannesburg, uAfrica has just announced the top 30 shortlisted sites. Apart from announcing the top ecommerce store in South Africa, the event promises to excite and inspire attendees with a line up of international and local speakers who will be covering topics pertinent to the ecommerce industry. Currently in their ninth year, the eCommerce Awards received over 116 000 eCommerce survey responses, the results ...

Africa, Startups

Xoin introduces prepaid bitcoin to drive SA’s ecommerce and adoption

xoinification Bitcoin in Africa is brewing with potential. From Ghana to Kenya there are interesting startups trying to tackle the issue of remittances, while in South Africa popular payment gateway PayFast recently introduced bitcoin integration to more than 30 000 of its ecommerce clients. But although this is very exciting, the adoption rate of the cryptocurrency is still very slow due to an abundance of misconceptions and a lack of infrastructure. South African startup Xoin (pronounced with the Xhosa click) is hoping to ...

Startup news

22seven now officially free for everyone

22Seven Yup, you heard right. Money management platform 22seven is now free, according to an email from founder Christo Davel. The move to take the platform free will start today. "We’ll no longer charge a subscription fee for the current service," the email to users reads. The platform has been slowly moving toward making the service free since its inception. Previously users were charged R70 a month to access its money management system but this was later reduced to R25. "We’re doing this because ...

Entrepreneurship

Here are 3 negotiation tips for a good startup exit deal

et The day has come. You've founded, built and decided to sell your company. It's been your baby for a few years and you're happy to let it go for new challenges, whatever your reasons. Already up for sale and marketed by business brokers, a few buyers have expressed interest. Now this is where it get very interesting. I have sat in meetings selling my own company or project and I have sat in meetings potentially buying or investing in companies. I ...

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