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

    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 certain period of time as opposed to an outright purchase of the software. With cloud based software service you...

  • Company Office

    The comparison website Click n Compare is taking Africa by storm

    Cape Town, South Africa - Click n Compare, a South African focused comparison website is expanding their outreach after a very successful year with a strong month on month growth of 40%. Alongside the South African success of the brand comes now their expansion into both Nigeria and Kenya. Established in 2013, Click n Compare is a one-stop portal for African consumers who are looking to source services and be educated in hard-to-navigate verticals, such as insurance, mobile, broadband, and banking. The Internet has empowered consumers to access more information than ever before, but it has also made it that...

  • TaxTim now lets South Africans file their taxes straight into SARS

    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 offer professional assistance throughout the entire customer journey, from registration through to submission. Now you might ask, 'Why eFile...

  • Knife Capital announces final call for Grindstone Accelerator 2015 intake

    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 all ten companies experienced an average of 61% increase in revenue while mastering business fundamentals. A really exciting stat...

  • SA startup Journey deploys mobile solution in fight against Ebola

    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, More Than Me in Monrovia, Liberia, the Ebola Care App allows users to respond in an efficient manner. “In...

  • How can digital entrepreneurs and startups use digital tools to scale their ideas beyond national borders?

    Even if you live in one of the world's larger markets, if you're an entrepreneur it's pretty likely that you'll want your startup to scale internationally. After all, with global success comes the chance to go from being just another business owner to an entrepreneurial global superstar? But how should you go about it? And what digital tools are at your disposal if you want to? Those are just two questions that a Hangout, entitled “The new breed of social innovators: How can entrepreneurs use digital tools to scale impact?”, seeks to answer. The Hangout is being hosted by...

  • Dragons’ Den Episode 6: holding onto the hoard

    In the real world, outside of TV, even the most polished entrepreneurs have to fight extremely hard to get funding. It's not easy. You are, after all, asking people to invest their own money in you. This week, the entrepreneurs in the den got a taste of just how difficult the fight for funding can be. Jobbing around Amanda and Paul Rabinowitz, the first entrepreneurs in the den this week, initially had us breathing a sigh relief. The product they were pitching, a mobile jobs portal aimed at students and called Muva, is much more in-line with the kind...

  • 3 books you should read before expanding your startup into a new emerging market

    Maybe you're like Bill Gates, who takes a full week out of the office every to read books, and then goes on for another 12 months of business and life adventure fueled with inspiration. If you're reading these lines, you're likely interested in the emerging markets and what they offer in terms of startups and entrepreneurs. For your Christmas reading list, here are three suggestions to start 2015 with more brainpower. How Asia Works: Success and Failure in the World's Most Dynamic Region This book, by Joe Studwell shows how countries too can be run like startups. That said, it's not...

  • Internfit hopes to address SA’s issue of youth unemployment

    South Africa's skills industry has been a hot topic of late. With an estimated 50% of citizens between the ages of 15 and 24 considered unemployed, it's to no-one's surprise. On a mission to address the country's growing number of youth unemployment, Internfit is an online platform that sits in between the demand and supply of internship positions in SA's complicated jobs industry. "One would imagine that in a skills-starved economy they are in high demand, but unfortunately finding an internship can be an extremely frustrating experience," explains David Feinberg, the founder of Internfit, referring to both employers and students...

  • Softbank investment sees Snapdeal push past $1bn in funding

    Japan’s SoftBank Group announced today that it would invest US$627 million in Indian online retailer Snapdeal. With this latest funding, Softbank will become the leading investor in Snapdeal. Existing investors have also participated in this round with a significant undisclosed investment. Nikesh Arora, Vice Chairman of SoftBank Corp and CEO of SoftBank Internet and Media, Inc (SIMI) will be joining the board of Snapdeal as part of this strategic investment. This is the largest investment made by a single investor in an e-commerce company in India. Masayoshi Son, Chairman and CEO of SoftBank Corp said, “Since SoftBank’s foundation, our mission has been to...

  • Making millionaires: the developers who won big in Gyft’s Silicon Valley exit

    "Gyft was mostly built out of Cape Town," Vinny Lingham told the audience at a recent Silicon Cape event where a big funding announcement was made. The announcement was hailed as the financial commitment that would change everything for the Western Cape's startup ecosystem. But the ecosystem is already changing. It began changing when the early stage employees of Gyft found out about the startup's exit worth more than US$50-million. Why? Because the developers based in Cape Town were given share options in the company. Five out of eight of Gyft's developers are South African and are all founding members of...