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Top startup events in South Africa, Africa you should know about this week [09/02/2020]

This week Future Females will be launching its first workshop in Philippi Village, Cape Town, in partnership with the UK-SA Tech Hub on Wednesday…

Is spike in energy deals evidence that Section 12J funds are driving VC boom in SA?

Is a massive spike in energy deals last year evidence that a 2008 venture capital (VC) tax incentive is behind South Africa’s 31% increase…

Why we invested in soda drink startup Pura, explains Knife Capital

It’s not just tech that SA venture capital (VC) firm Knife Capital invests in. Today the VC — which has invested in a number…

What investors should look for in a Section 12J VC company [Opinion]

In recent years the SA government identified small and medium-sized entities (SMEs) as a major contributor to future economic growth. One of the main…

Investors use loophole in VC tax incentive to invest in own companies – Sars

Investors are using a loophole in a SA venture capital (VC) tax incentive to invest in companies connected to them and benefit from a…

State must close door on those that misuse VC tax incentive [Opinion]

This week saw an outcry from South Africa’s venture capital (VC) and private equity sector over amendments the National Treasury plans to make to the…

Fund head puts lack of women angel investors down to information asymmetry

A shortage of information around tech startups has made women sceptical of investing in early-stage businesses. So, says IDF Capital CEO Polo Leteka. Leteka —…

SA crowdfunding site The People’s Fund in first payout of R43k to 42 investors

Ten months after launching, Johannesburg based crowdfunding platform The People’s Fund has made its first payout of R43 800 to 42 investors who earlier this year…

Here are 4 things Kalon Venture Partners looks for when picking startups [Q&A]

Disruptive technology that is 12 months ahead of the competition. A proven product. A large addressable market. The best team on the planet. These are…

Venture capitalists welcome Section 12J proposals but call for more changes

Venture capitalists have welcomed The National Treasury plan’s to amend a venture capital tax incentive, but want further amendments to be made. The VC tax incentive falls under Section…

Capital flight talk over says Grovest man on launch of R200m Metta Capital fund

The talk of “capital flight” from South Africa has come to an end, believes venture capitalist Jeff Miller, following the launch yesterday of Metta Capital, the first…

A look at 2017: the year that was for South Africa’s tech startup ecosystem

This year saw one of the biggest acquisitions of a South African startup – with the over $100-million GetSmarter deal. A chance meeting with 2U…

SA VC firm Knife Capital expands to UK in deal with former rugby star Bob Skinstad

Venture capital (VC) firm Knife Capital has expanded to London after introducing UK-based Draper-Gain Investments as a strategic investor. It follows Knife Capital’s management buyout…

You don’t need to be super wealthy high net individual to be an angel investor

The outlook for the South African economy may be grim. The Reserve Bank forecasts that the economy will grow at just 0.5% this year. Yet…

VC companies don’t necessarily have to set up a fund to invest – here’s why

Engaging with investors is often like trying to fit a square peg in a round hole. This is the feedback we got from entrepreneurs…

Two years on tax exemption for grants to small businesses fails to take off

More than two years after it came into effect, a tax exemption for entities approved by the SA Revenue Services (Sars) that provide grant funding to small businesses has…

Grotech rebranding as Kalon Venture Partners to avoid marketplace confusion

South African Section 12J venture capital (VC) company Grotech has rebranded as Kalon Venture Partners. Kalon CEO Clive Butkow said the rebranding was to avoid…

SA angel investment sector has to grow, black or white, says Simodisa head

South Africa needs more angel investors who can help startups and small businesses to grow. Yet there are still too few black Africans involved in…

Grotech fund set to announce first three deals

Grotech, a venture capital (VC) fund set up under the 12J VC tax incentive, is set to announce its first three investments, said fund manager Clive…

Can 12J VC tax incentive create the jobs South Africa badly needs?

Tim Strang wants to provide spaza shops and wholesalers with a better way to order stock, through an app. He’s betting on creating hundreds…

Foreign investment injection could propel South Africa’s VC ecosystem, 12J funds

Ask any tech startup and they’ll tell you that raising venture capital (VC) in South Africa is not easy, that said, it’s a lot…

Exclusive: ‘Government won’t match private sector in R1.5bn SME fund’

The SA government has no immediate plans to match the R1.5-billion that 48 large companies have committed to the SA SME Fund, National Treasury…

Productivity On A Large Screen

Everlytic Launches Cutting-Edge AI Studio with WhatsApp Chatbots for Smarter Communication

Everlytic’s new API Communicator feature enhances customer engagement across multiple channels

Savant Launches Savant Build Cohort 3 to Accelerate Deep-Tech Innovation in the Green Economy

Simplicity at scale: The role of leadership in agile transformation

Microsoft launches new Surface devices in new AI era

Honor Magic V3 launches, four things to know

Honor Magic V3, a Guinness world record attempt

GM switches-off Cruise control on $10bn robotaxi project

CHARGE taking EVs off-grid in the North West

eActros 300 and Zimi Charge creates EV win for Bakers

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