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  • 5 ways being a parent makes you a better entrepreneur

    In the five weeks that I’ve been a father, it’s dawned on me that parenting is exactly the same as running a business. If you want to be a better businessperson, I’d highly recommend becoming a parent. Both are exhausting, all-consuming and a financial pit but already I realise how parenting can make you better at business. To celebrate my five-week milestone of keeping a child alive I’ve come up with five lessons from parenting that will make you a better businessperson. Celebrate the small wins I got woken up by screaming at twelve-thirty in the morning after only getting to sleep...

  • Company Office

    Peach Payments and Callpay announce EFT system partnership

    Peach Payments, a leading and one of Africa's fastest growing payment service providers and Callpay, an innovative provider of secure payment solutions announce collaboration to provide automated Electronic Fund Transfers (EFT) as well as secure telephonic payment acceptance solutions. The innovative products will enable millions of South Africans to make instant and secure payments when shopping online or during payment processes over the phone and via call centres. Through this exciting collaboration announced at the 3rd eCommerce Africa Conference, customers will now be able to pay online using their cheque, savings or credit card accounts. Merchants that sign up through...

  • TaxTim gets the funding nod from MMI

    Tax Tim, the online income tax calculator, has reportedly received investment from Exponential, the new innovation unit set up by JSE-listed financial services giant MMI holdings. The new unit launched earlier this week with the aim of seeking out startups that have used innovation to improve people's financial wellness. At this stage, details of the investment are thin on the ground, with neither of the parties having announced it through their official channels at the initial time of writing. Update: Ventureburn has received an official release from MMI, providing more details around the investment. According to the release, the...

  • 7 ways to rock a home-based startup

    There’s nothing like being your own boss! The daily frustrations of a job inspire many of us to become entrepreneurs from the comfort of home. However, setting up your own business is certainly not easy. Right from getting new customers to doing marketing & promotions, you need to take care of every single aspect. If you are one of the home-based business owners, here are some tips that make you become even more successful. Creating a work environment The idea of working from home is great; however, it’s very important to have an office-style infrastructure in place. Have a space purely...

  • What’s going on with M4JAM? [UPDATES]

    This is interesting. WeChat users signed up to microjobbing service M4JAM were on Monday greeted with a message telling them to cash out all the money from their wallets before 31 March. Update: Hugo has confirmed that the company is set to close if it cannot find a buyer. The only reason given for the request, is that "M4JAM is in the process of restructuring the business". Update: The announcement has also been sent out on Twitter and Facebook:   M4JAM is in the process of restructuring the business. All jobbers: Please cash out the money in your wallet before 31/03/2016. — Money for Jam...

  • Is your startup ready for the World Cup Tech Challenge?

    Most sports have a world cup, or global championship of some sort, but did you know that the tech space does too? Organised by the Silicon Valley Foundation, the event aims to bring together some of the hottest emerging tech companies from around the globe and have them compete for the title in front of a group of VCs, Angels, corporate business development executives, prospective customers and partners, bloggers and media from the global tech scene. This year's event, to be hosted at Microsoft's Silicon Valley campus, includes a number of high-profile speakers and judges and takes place...

  • Special Podcast #17: Shafin Anwarsha, Head of Product at Giraffe, talks US$500 000 equity prize

    In this latest Special Podcast episode, Graham van der Made, talks to Shafin Anwarsha, Head of Product at Giraffe, the South African startup that has just won US$500 000 equity prize at the Seedstars World Summit in Switzerland. Since its launch in February 2015, the startup has attracted over 75 000 job seekers. The year 2015 was a good year for South African startups, according to the Southern African Venture Capital and Private Equity Association (SAVCA), the SA venture capital industry represented almost R2 billion in assets under management. Silvertree Capital invested over R20-million in the first half of 2015, but...

  • Peer-to-peer review platform Hi5 shows success outside of SA

    Peer reviews and 360s can be a daunting and challenging task for employees and companies alike. Cape Town-based startup Hi5 is looking to try and simplify the entire process. To date, 90% of the signups for Hi5 have come from outside of South Africa, specifically from the US, UK, and Australia. "I think the reason it's doing well, is that it's helping fast-paced companies take the laborious time intensive administration out of managing staff and replaces it with a solution to help managers focus on staff growth, which ultimately increases efficiency and reduces employee turnover," writes founding partner, Gary Willmott. Each employee is...

  • Fostering entrepreneurial learning in the formative years is vital

    In South Africa, most of the focus on entrepreneurship is happening too late. Not all cultures have benefited from dining room table discussions, or seeing it positively in action through family members. For many, exposure comes too late, and this means that solid foundations are not set early enough and therefore the impact is lessened. Entrepreneurship should be encouraged and fostered from a high school level. There are a few privileged schools that do include it in the curriculum, but the reach needs to be far beyond that. For example, for those who attend a technical high school –...

  • Journey Re Reinsurance Competition is looking for disruptive entrepreneurs

    The Journey Re Reinsurance Competition is looking for talented entrepreneurs in the reinsurance market. The competition is open to anyone, but will specifically address young professionals, new graduates, and students. Starting in July, it will take place in Johannesburg, Boston, Dublin, and Berlin over the course of a six-month period. Teams will be competing for a €50 000 prize with the runner-up receiving €20 000. Participants will also receive additional benefits, such as a dedicated working space in one of the mentioned cities. Those selected will spend a week in Hannover, Germany, from 4-8 July as an introduction to the sector. "As far...

  • New MMI unit to hunt out innovative entrepreneurs

    MMI, the financial services group, has announced that it's setting up a new unit to hunt out innovative entrepreneurs. The new unit, called Exponential, will focus on potentially disruptive innovation opportunities around financial wellness globally and domestically in South Africa. Exponential is headed up from the UK by Jaco Oosthuizen, previously in charge of MMI’s loyalty and rewards programme, Multiply. In total, Exponential comprises four members, with two of them located in South Africa and the other two in the United Kingdom. “Entrepreneurship is driving ongoing technological advances and changes in consumer behaviour are making it easier for innovative new...