Emerging Markets, News

Sage Business Index 2014 reveals SMEs’ falling confidence in South African economy

South African Money The outlook of South African businesses on the state of the country's economy is not at all optimistic, suggests this year's Sage Business Index. While the country has seen a recent technology startup boom, the companies' confidence index has dropped 5.38 points which made South Africa the nation with the lowest confidence index of the 18 countries surveyed this year. Over 13 000 decision makers from SMEs were questioned. "It is vital that Government and other stakeholders work together to arrest this ...


Big Inja is the startup hound that wants to barcode your business

Big-Inja We've seen some exciting developments happening in the QR space, with the likes of SnapScan and its competitor Zapper having injected a fresh sense of purpose and experimentation in South Africa's mobile payments scene. Now -- trying to find the holy grail in the B2B space -- Big Inja (meaning big dog in Zulu) thinks it's up to the task of automating business processes, using its cloud-based barcode and QR code scanner app. In a nutshell, Big Inja's app barcodes your business ...

Entrepreneurship, News

Fail fast, succeed faster: Lean Startup Machine finally kicks-off in Joburg

Lean-Startup-Machine-Cape-Town-logo In the spirit of startup education, this weekend the popular 48-hour workshop for startups is kicking off in Johannesburg, South Africa from 31 October to 2 November. The Lean Startup Machine (LSM) launched earlier this year in Cape Town with much success and inspiration. The initiative is supported by the likes of Standard Bank, Microsoft Ventures and Elance, and mentored by Professor Barry Dwolatzky, director of the Joburg Centre for Software Engineering (JCSE) and founder of TechInBraam. Revolving around the methodology, fail fast ...


16 questions every true customer-driven startup should be able to answer

questions The evidence is in: Customer-driven companies are far more successful than those that neglect their customers. In fact, I’d go so far as to say that the ROI of customer management is that your business will still be around in five years to talk about it. But what is it that makes one company stronger than its rivals? Is there a checklist of factors that can be used to benchmark your startup? At its simplest, effective customer management comes down to ...

Mobile apps, News, Startup news

SnapScan finally brings mobile payments to parking in Cape Town

snapscan parking If you're lucky enough to find it, parking in South Africa's cities can be super expensive. Although few can really change the prices of these cherished spots, there is at least one company that can make the experience of paying for them somewhat easier. SnapScan's mobile payment app has been popular in the restaurant space over the past few years, and recently allowed people to pay for the Big Issue magazine at intersections and has also been implemented by local crowdfunding ...

Entrepreneurship, News

Absa’s Centre of Entrepreneurship at forefront of Newtown’s small business boom

ABSA Centre of Entrepreneurship Absa's Centre of Entrepreneurship in Newtown, Johannesburg has helped over 1500 budding entrepreneurs since its launch less than a year ago, the company today announced. Thanks to the Centre's free "access to basic communications technology, business support services, which include consultations, business facilities and infrastructural support," it has effectively lent a helping hand to entrepreneurs who cannot afford the massive initial overheads associated with starting a business. "For local start-ups, the landscape has dramatically shifted: Costs to start and run a business ...


5 misconceptions that are holding your startup back from unlocking the cloud’s true value

clouds-21156_1280 In any developing economy, the potential benefits of ‘cloud based’ products, particularly for SMMEs, cannot be ignored. Yet for many a small business owner, the concept of ‘the cloud’ is still a foggy haze. The ‘cloud’ is most easily understood by small business owners as software services that are accessed via the internet, rather than software loaded on your computer, and where you are only charged for what you use or the use of the software for a ...

Africa, Startup news

TaxTim now lets South Africans file their taxes straight into SARS

TaxTim South Africa's dreaded tax season is finally drawing to a close. As 21 November approaches, local startup TaxTim is now introducing a one-click solution so we can now file our tax returns straight into South African Revenue Service (SARS). Celebrating its third birthday, until now TaxTim has focused on assisting South Africans with completing their income tax return forms correctly online. Essentially, the company went on a mission to make filing taxes enduring, if not fun. "We are very excited to finally ...

Entrepreneurship, News

Knife Capital announces final call for Grindstone Accelerator 2015 intake

knife capital grindstone lead The Cape Town, South Africa-based Grindstone Accelerator programme from Knife Capital is calling for its 2015 intake of scalable innovation-driven businesses. If you haven't heard, Knife Capital is a Southern African growth equity fund manager and advisory firm that focuses on innovation-driven ventures with proven traction. Its accelerator programme, Grindstone, sets out to supply ten companies annually with relevant networks, gap analysis, business support, coaching, funding, and so forth. With a strong belief in engineering growth, the accelerator's previous intake found that ...

Africa, News

SA startup Journey deploys mobile solution in fight against Ebola

Journey-founder-crowd-black-and-white We've seen many tech companies lend a hand in fighting the Ebola epidemic over the last few months, from top class data capturing tech by IBM to gratuitous smartphone donations from Samsung. Now, Stellenbosch, South Africa-based Journey Apps has developed an app in fight against Ebola in Liberia. We've seen many tech companies lend a hand to fight the epidemic over the last few months, from top class data capturing tech by IBM to gratuitous smartphone donations from Samsung. Currently deployed by the non-profit, ...