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  • Why PayPal sucks and Kwedit doesn’t

    One of the biggest factors, apart from bandwidth and audience size, that’s restricting the development of the internet and the emergence of startups in South Africa is the lack of a safe and convenient method for consumers to buy goods and services online. The recent announcement that PayPal have officially entered the country through a partnership with FNB could help to solve this problem, but it still comes at a price and only benefits those of us who bank with FNB and have the patience to put up with the rigmarole of getting your PayPal account approved for sending and...

  • Company Office

    Sureswipe’s new POS Lite is a game-changer for small retailers and startups

    For a small retailer or startup to be successful and move to the next level, it’s important that systems are in place to track inventory, recon and balance merchant batch closure, manage multiple store and staff sales and have immediate access to real-time data that helps make better management decisions. South Africa’s long-standing fintech player, Sureswipe has launched a new Point of Sale (POS) app and an online business management portal that will change the way small retailers, startups and pop-up shops process card payments from customers and manage their businesses. Sureswipe POS LITE comprises an app and online portal which...

  • Can entrepreneurs thrive in corporate settings?

    Does working for a company preclude an individual from being an entrepreneur? Most certainly not; indeed, some of the best innovations and developments are achieved by people who are working for large corporations. The difference is that within these organisations, entrepreneurship – and critical thinking - is actively encouraged, not only in the research and development departments, but in the managerial suites too. With the global economy slowly coming out of a siege, it is to entrepreneurs that we must look for the kind of lateral thinking which sees opportunity in adversity. There is little debate that the days...

  • Personera launches Facebook print calendars

    Whoever declared that print was dead may soon have to swallow their words. Personera, an online-to-offline media technology startup, launched its unique service to Facebook users around the world this week. The company is offering the world's first print calendar that is fully personalised with a user's Facebook friends' birthdays, upcoming events, and photos. The company says it is also first to launch under the banner of the Silicon Cape initiative, a government and industry endorsed movement to create a global Silicon Valley-style startup culture in Cape Town, South Africa. Personera's website allows people to use their Facebook accounts to...

  • SA study: More people banking with their mobiles than PCs

    According to respected market research organisation World Wide Worx, the number of people banking from their cellphones has exceeded that of people banking from their PCs in South Africa. More than a quarter of bank customers are turning to their cellphones for services ranging from informational transaction types such as balance enquiries to financial transaction types which include account payments. This was one of the key findings from the consumer phase of the research company's Mobility 2009 research project. The study was backed by First National Bank (FNB), leaders in cellphone banking in Africa, and Research In Motion (RIM), the...

  • Opening speech @ #SiliconCape

    Here is the text of the speech I gave at the opening of Silicon Cape in Camps Bay. I'm not alone in saying that this was an inspiring and well-supported event. Welcome everyone and thank you all for coming. A special welcome to the Western Cape Premier, Helen Zille, Dr Mamphela Ramphele and Mr Johann Rupert. It’s an absolute honour and it’s humbling to be speaking in front of such an important gathering of tech people in this country. I think we all realise that we’re part of history here. Here, today, history is being made. There are some powerful and...

  • A short word on innovation

    Innovation in a business context is one of the most misunderstood concepts around. I have to admit that I've misunderstood it for most of my life too. I've grown to realise that ideas by themselves are pretty much worthless -- and innovation really arises out of a process of execution of those ideas that tests and combines other ideas, technologies and theories. It's common sense really. It's why Venture Capitalists will rarely invest in ideas (or even a track record), but rather need some evidence of execution (focus and passion help too). Of course there are always exceptions, but the...

  • The surprising science of motivation

    Fascinating TED talk on what motivates people in companies, challenging traditional notions of management. Very relevant to many online companies who are looking at building new and different cultures. (via Wendy Robb @ 20fourlabs)

  • Online chess play scoops $1.25m in funding

    ChessCube has concluded a US$1.25m funding agreement with Venture Capital fund, InVenFin (Pty) Ltd. InVenFin, the VC-focused subsidiary of VenFin Limited, invests in intellectual property-based start-ups with global potential. This transaction brings ChessCube’s total funding to date to US$1.8m. ChessCube is an online chess site, which allows players of all skill levels to compete and learn chess, while socializing with others. With a potential market of over fifty million active chess players in the world, ChessCube.com has already attracted over 650,000 registered users across 207 countries -- making it one of the leaders in the growing online chess market. Mark Levitt,...

  • Survey claims 80% of SA users shop online

    A survey by Master Card claims that 80% of South African users are shopping online. CDs, DVDs and VCDs” emerged as the most sought after item category, with 58% of online shoppers saying that they frequently shopped for these items online. “Airline tickets” and “books and arts” emerged as the next most sought after items, with 45% of online shoppers saying that they had frequently shopped for these items in the three months prior to when the survey was conducted. These are some of the primary findings of a survey commissioned by MasterCard Worldwide on online shopping behaviour, the results of which...

  • SA bank claims 1-million mobile phone banking users

    Absa, the country's largest retail bank, says it's one of the first banks in the world to notch up a million cellphone banking customers, prompting it to call "2009 the year for Cellphone Banking". It was the first South African bank to introduce Cellphone Banking services in the year 2000. Absa says that over the last few years there has been a surge in uptake, with up to 5000 new clients registering for Cellphone Banking each day. Absa says: “From observing the registration and usage numbers, 2009 will be the year in which Cellphone Banking develops serious traction in the market such...

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