Business news South Africa

Sefa approved R1.4-billion worth of loans

South Africa’s Small Enterprise Finance Agency (sefa) has announced that it approved R1.4-billion in loans for the financial year of 2019/2020 and reportedly assisted…

Enabling growth in the digital economy: lessons for and from South Africa [Opinion]

With the digital realm and technology presenting endless opportunities for business development and creation, Steve Briggs, Chief Commercial Officer at SEACOM, provides insight into…

Cape Town-based tech startup receives prestigious international award

An award-winning AI manufacturing local tech startup, DataProphet, has won the 2020 European Prescriptive for Autonomous Manufacturing Technology Innovation Leadership Award by Frost & Sullivan, an…

SA entrepreneur wins Student Entrepreneur of the Year Award 2020

A 22-year-old South African entrepreneur, Denislav Marinov, has won the prestigious Stars From All Nations (SFAN) Student Entrepreneur of the Year Award 2020. Denislav Marinov…

SA software service tool launched to automate business payrolls

A Cape Town-based entrepreneur, Brad Price, has recently launched a digital platform called KarbonPay. The platform aims to assist businesses in managing their payroll systems…

Apply for the SFAN Student Entrepreneur of the Year Award

Budding student entrepreneurs are encouraged to apply for the SFAN Student Entrepreneur of the Year Award. Applications close on 25 September 2020. The award…

SA tech startup partners with French Development Agency

South African tech startup, Kandua has partnered with the Agence Française de Développement (AFD ), the French public development finance body. The partnership will…

Google launches initiatives to assist small businesses

Google has launched multiple initiatives to assist small businesses, job seekers, educational institutions, and vulnerable populations to recover from the devastating impacts of Covid-19. …

SA female-owned startup receives R4.2-million investment

Job Crystal, a female-founded startup, has received R4.2-million in funding from Enygma Venture’s Shift Fund. Applications for the Shift Fund are still open and…

Semi-finalists for Africa’s Business Heroes Competition 2020

The Jack Ma Foundation’s search for Africa’s Business Heroes has announced the 20 semi-finalists who will progress onto the semi-final stage of Africa’s Business…

POPIA: What employers need to know

The Protection of Personal Information Act 4 of 2013 (POPIA) which came into force on 1 July 2020 places several obligations on employers in…

SA-owned LightWare receives $1.5-million investment

LightWare LiDAR, a South African company supplying world-class microLiDAR sensor technology to leading global companies has secured an investment of $1.5-million (R25-million) from Sanari…

Local healthtech startup receives investment funding

Guidepost, a diabetes telemedicine startup has received a joint investment from AlphaCode, the fintech investment of Rand Merchant Investment Holdings, and local investment fund…

Award-winning tech startup launches courses for entrepreneurs

Kuba Technologies has launched online courses catering to those facing retrenchment, with innovative business ideas and for Township entrepreneurs negatively impacted by the pandemic….

Shift Fund reopens applications for funding

Enygma Ventures’ subfund Shift, has opened for the second round of funding for entrepreneurs and innovators in Africa who either have existing businesses or…

After its failed stint with M-Pesa, Vodacom is planning to launch another fintech service in SA

Vodacom Group has announced plans to launch a super app that offers financial and lifestyle services to its millions of customers. The news came out…

Nigeria’s Kiakiaprint partners with Canva and South Africa

Nigerian print-on-demand startup, Kiakiaprint has announced its partnership with online design and publishing company, Canva. This is Canva’s first partnership with an African print-on-demand company and it…

Local startup offers affordable legal services during Covid-19

A South African startup, Get Law has created a platform aiming to simplify access to much-needed legal by allowing users to access registered attorneys…

VALR raises R57-million to advance cryptocurrency adoption

VALR, one of South Africa’s leading cryptocurrency exchange, announced today that it has raised R57-million (US$3.4-million) to advance the adoption of cryptocurrencies. The Series…

Giraffe secures funding from Unicef innovation fund

Giraffe has received grant funding from Unicef”s innovation fund and will utilise the funding to empower South Africa’s youth to become employable. Founded in…

Join UCT GSB Solution Space 2020 E-Track Programme for entrepreneurs

Entrepreneurs are encouraged to join cohort two of the 2020 E-Track Programme, a three-part venture acceleration programme aimed at supporting individuals or teams to…

Moroccan edtech startup secures over $400 000 in funding

KoolSkools has raised over $416 000 (MAD 4-million) in funding securing over $312 000 (MAD 3-million) from Marco Numeric Fund II and over $104…

The cost of Elon Musk’s go f*** yourself to advertisers

Are we poor, or was there more responsible spending this Black Friday?

WhatsApp introduces Secret Code, more security, hard to find chats

Amgen forges ahead with generative AI to expedite advanced therapies

Vodacom strengthens Mpumalanga network with R450 million investment

AWS supercharges Amazon Bedrock

EcoFlow gets consumer thumbs up on Takealot

HONOR 90 Lite 5G: Your Ultimate Entertainment and Gaming Companion On-The-Go

Is OnePlus 12 out? New design, colour leaked or not?

Budget speech misses NEV promise – again

Tokyo showcases a comeback for Japanese car design

Review: Amarok versus Ranger