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  • Inaugural Global Youth Index report to be unveiled at the 2017 Misk Global Forum

    The first annual Global Youth Index will be unveiled at the 2017 Misk Global Forum set to take place in Riyadh, Saudi Arabia on 15 and 16 November. The report, which will be prepared by British consumer research agency Populus in collaboration with non-profit Misk Foundation, will reveal how confident and prepared the youth from 21 nations, including the G-20 bloc, are about the Fourth Industrial Revolution. “We are expanding the ambition and scope of the Misk Global Forum. We are set on becoming the pre-eminent global platform to discuss vital issues relating to young people, their future and the knowledge economy,” Shaima Hamidaddin,...

  • Company Office

    How Nomanini’s team stays agile and focused

    Recently, as part of a business media feature, we reflected on the online tools and apps we use as a team that allow us to be more efficient in our daily work flow. At Nomanini we strongly believe in innovation and continuous improvement. Core to how we do things is the ability to consistently be agile in our processes. Agile practices enable the ability to try out new ideas and explore opportunities quickly, without investing a lot of money up front. It is also iterative in nature, which means that companies have a better chance of giving their customers exactly what...

  • Record turnout expected at Startup Grind Cape Town with over 800 tickets issued

    Over 800 tickets have been sold for tonight's Startup Grind Cape Town party and event, which kicks off at 5.30pm at Workshop 17 in the Waterfront. Speaking to Ventureburn yesterday Guillaume de Smedt, who is the chapter 's Cape Town director, said he had already issued 800 free tickets to tonight's event which will feature Takealot co-CEO Willem van Biljon. There will also be live music and entertainment. De Smedt said he expects about 40% of those that got tickets to drop out, but has as a contingency measure organised special viewing screens in rooms around at Workshop 17 to accommodate the expected additional...

  • Former Rocket Internet man tells how he cloned firms, from Cape Town to Bangkok

    Cape Town born Tauriq Brown always wanted to be an international businessman. He may claim to be an entrepreneur. But the 28-year-old former Rocket Internet employee is just one of the hundreds employed by massive venture-builder companies to clone and run companies for them. As a venture builder, Brown (pictured middle, above) has been involved in starting and running at least five ventures, on behalf of venture-builder companies Rocket Internet and Mountain Partners, which is headquartered in Switzerland. This has taken him to Nigeria, Vietnam and now to Thailand, where he is employed as managing director for 15-year old Thai lingerie company Kyra Mode. Yet he admits he still draws a...

  • Six time management tips startups can deploy to use to make more money

    Everybody knows the saying "Time is money". It’s a phrase so old that the creator has been lost to the mists of time and exhausted minds. Time is, by far, the most elusive resource when it comes to building a company and creating a product. Every action has an opportunity cost, as does every inaction. So how does the entrepreneur handle the challenge of time versus tasks, especially when the latter seem to pile up like emails in an untended inbox? Every action has an opportunity cost, as does every inaction. So how can an entrepreneur improve their time management skills? Here then...

  • SA startup Pineapple secures R5.2m to take on short-term insurance market

    SA insurtech startup Pineapple has secured R5.2-million in seed funding from Lireas Holdings, the strategic investment arm of Hannover-Re Group Africa, in return for a 25% stake in the business. The startup, which is based in Johannesburg, made the announcement yesterday to Ventureburn. The funding will help the company to bring their innovative insurance offering to market by funding marketing, development and staff costs. Pineapple co-founder and former actuarial science graduate Matthew Elan Smith, 24 (pictured above right, with co-founders developer Ndabenhle Junior Ngulube, 26 and accountant Marnus van Heerden, 26) said he and his fellow co-founders are in the process of signing...

  • Want to join UCT’s incubator programme? Here’s what you need to consider

    Interested in joining the UCT Graduate School of Business MTN Solution Space’s Venture Incubation Programme? Startups should be prepared to fail many times and not give up, says Andrew Valentine one of the senior advisors at the incubator. Valentine (pictured), who is an entrepreneur-in-residence at the MTN Solution Space, says entrepreneurs who are keen to join the incubator should understand that running your own business is challenging and a full-time affair. Since the centre launched the programme last year it has held four cohorts in both its summer and winter schools and incubated a total of 20 startups overall, most of which have evolved into profitable businesses,...

  • SA’s ProsperiProp plans to run two ICOs to get around crowdfunding challenge

    South African startup ProsperiProp plans to hold two initial coin offerings (ICOs) for investors to invest in international property -- with the first next Friday, 8 September -- to get around South Africa's lack of crowdfunding regulations. Traditionally investors need to put down tens to hundreds of thousands of dollars to invest in property, but ProsperiProp wants to give the man on the street a chance to invest in property The startup's founder and CEO Llew Morkel said the first ICO will be aimed largely at international investors, using a cryptocurrency created by the company, called “PROPX”. The ICO aims to raise between $60-million and $120-million in PROPX...

  • Startups misjudge complexity of dealing with corporate says Standard Bank head

    Startups should understand the complexity of dealing with large corporations. Failing to do so could put a strain on their resources, cautions Jayshree Naidoo, the head of the Standard Bank Incubator. In an interview with Ventureburn on how startups can best prepare themselves to pitch to corporates, Naidoo adds that entrepreneurs should take the necessary steps to protect their IP before presenting to a corporate. She adds that many corporates won't enter into an NDA unless they see potential value in the solution for their respective corporate. Startups should understand the complexity of dealing with large corporations, says Standard Bank exec She says the bank gets on average at least 10 to 15 requests a month through...

  • The First 90 Days podcast will give raw account of startup growth claims founder

    Lauren Davies founder of virtual business incubator The Growth Academy believes there is need for transparency around the process of starting a startups and growing a business. Davies is partnering with US-based venture builder WotWot Ventures to run The First 90 Days podcast. Through the podcast the two plan to provide a raw account of their startup Upski's journey from idea to business in three months. Davies (pictured), who is involved in the Future Females platform launched earlier this month, told Ventureburn that the first episode of the podcast, Day 1, will go live next Wednesday (6 September). The series will feature content developed by her and Mark Berman, co-founder of...

  • The do’s and don’t’s of mixing business with pleasure [Sponsored]

    The majority of us spend most of our time, sadly enough, in work. And because of this it's easy to see how so many of us find a partner, a fling or a sense of excitement with someone in the work place. The chance encounters in work, the meeting up on a dating website or the years of working with someone you like very often boils down to an office romance that can improve or destroy your working day. Whether you're already seeing someone in work or a love interest has recently become single here are some do's and don'ts to help...

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