SAVCA

Report reveals record investment in local venture capital landscape

The latest report by The Southern African Venture Capital and Private Equity Association (SAVCA), titled the SAVCA 2020 Venture Capital Industry Survey has revealed that…

Covid-19 and African tech startups roundup [08/04/2020]

Johannesburg-based startup Epione.net launched epione.net in Zimbabwe today. The offering, already available in South Africa, is an online pre-screening symptom checker that connects stakeholders…

SA venture capitalists shocked over Havaic’s bid to sue Custostech for $4.5m

SA venture capitalists have expressed shock and concern over local venture capital (VC) company HAVAIC‘s decision to sue Stellenbosch based startup Custostech for $4.45-million….

SA venture capitalists prepare for tough times ahead with onset of coronavirus

SA venture capitalists are preparing for tough times ahead, as the onset of the coronavirus threatens to cut short funding rounds and in some…

Western Cape government launches free tech startup investor course

The Western Cape government’s Department of Economic Development and Tourism is calling on digital entrepreneurs to apply for a free three-hour early-stage tech startup…

The tech sector in SA is still a hot place to be [Opinion]

South Africa’s economic outlook may be gloomy, with annual growth forecast to barely past 1.5% over the next three years, but things are still…

Smaller Section 12J funds will struggle to raise investor capital with new changes [Opinion]

National Treasury appears certain to retain changes to the Section 12J tax incentive, which allows South Africans to write off 100% of the investment…

Savca issues call to black and women fund managers for new training programme

Black as well as women fund managers looking to get a step up in the venture capital and private equity sector must hurry. Applications for…

So, what percentage of VC and angel investing goes to SA startups with women founders? [Updated]

UPDATE (14 August 2019): We neglected to include Smartblade’s R9.5-million investment from Savant in the below list. We have updated the list as well…

Nationwide SA digital procurement, funding tour to kick off next month

A nationwide digital procurement and funding tour aimed at helping entrepreneurs to source opportunities and finance, is set to kick off on 8 June…

SA tech startups still out of touch when getting angel, VC funding – survey

Over a quarter of founders or 29% of SA tech startups believe that they will grow their business by securing venture capital (VC) or funding…

SweepSouth wins best small business category at Savca Industry Awards

On demand cleaning service SweepSouth has won the Best Small Company category at the inaugural Southern African Venture Capital and Private Equity Association (Savca) Industry Awards, which…

VC association Savca appoints new directors to fill two vacancies

The Southern African Venture Capital and Private Equity Association (Savca) announced the appointment yesterday of two new directors, as well as the re-appointment of…

SA’s startup ecosystem offers a positive vision of country’s future [Opinion]

South Africa’s startup ecosystem is robust and growing, but our entrepreneurs and investors need to develop a truly global mindset to take advantage of…

Southern African VC sector invested over R1bn in 2017 reveals Savca report [Updated]

Southern African venture capital (VC) funds invested over R1-billion in startups and early-stage companies last year. This, while the number of reported South African VC…

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…

Three tech startups tapped for inaugural Savca Industry Awards

Three SA tech startups — fintech i-Pay, on demand cleaning platform SweepSouth, and meal delivery site Ucook — are among nine companies that have been shortlisted for the inaugura Southern…

Savca raises concern over governance issues in Section 12J VC tax incentive

The Southern African Venture Capital and Private Equity Association (Savca) has raised concern that governance issues could emerge in some venture capital companies approved…

Reserve Bank changes to IP exchange have had no impact – venture capitalist

While intellectual property (IP) attorneys say changes instituted a year ago by the Reserve Bank have helped speed up IP exchange control approvals, a leading…

Savca announces inaugural industry awards in line with 20th anniversary

The Southern African Venture Capital and Private Equity Association (Savca) has announced the launch of the inaugural Savca Industry Awards. The annual sector accolades…

With Zuma gone, investor interest has picked up say local venture capitalists

Investor interest in placing money in venture capital funds has picked up since the resignation last month of Jacob Zuma as president and the swearing in of Cyril…

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…

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