• BURN MEDIA
    • Memeburn
      Tech-savvy insight and analysis
    • Gearburn
      Incisive reviews for the gadget obsessed
    • Motorburn
      Because cars are gadgets
    • Jobsburn
      Digital industry jobs for the anti 9 to 5!
  • Small Business Corporation regime takes sting out of tax on those early profits

    Tax season is open - and the SA Revenue Service (Sars) is on a mission this year. Fiscal budgets are under immense pressure. South Africa's political and economic circumstances has seen an exodus of both tax payers and taxable assets. Many wealth management firms make a living purely from helping high net worth individuals move their income-generating assets abroad. It means that tax paying entities operating in South Africa will be under more scrutiny this year than ever before. The 2017 tax season for individuals opened at the beginning of this month. The company provisional tax deadline follows close behind it. As business owner,...

  • Company Office

    Silvertree Internet Holdings, Africa’s premier internet platform and leading recruiter

    Cape Town:  Silvertree Internet Holdings, founded by Manuel Koser, Peter Allerstorfer, and Paul Cook, is Africa’s premier Internet platform with countless benefits and growth opportunities for prospective employees. After just three years of active investment in Sub-Saharan Africa and beyond, Silvertree Internet Holdings currently invests in over 10 companies across South Africa, Nigeria, Kenya and Ghana; and boasts around 300 employees with 3 million unique users visiting their various online platforms, per month. Within the last year, Silvertree Internet Holdings also achieved one of their greatest successes thus far through the acquisition of PriceCheck (previously Naspers owned). Together with CompareGuru and...

  • TIA-backed startups have two weeks left to apply for Young Enterprise Initiative

    Young South African entrepreneurs who have received support or funding from the Technology Innovation Agency (TIA) have two weeks left to apply for the Young Enterprise Initiative South Africa (YEI South Africa) 2017 programme. Applications close on 7 August. The programme, held by the French Embassy in South Africa and TIA aims to provide four South African startups with an opportunity to develop and grow in France. To be eligible for support applicants have to have companies that are at the early-revenue or pre-commercialisation stage that have been funded by TIA or that have participated in one of the agency's programmes. In an announcement last week on the French Embassy...

  • 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 being seen as associated with another Section 12J VC company, Grovest. "The confusion in the marketplace was that we were an offshoot of Grovest and that's where the initial idea for a rebrand came from," explained Butkow. This, he added, was partly driven by Malcom Segal being chairman of both companies. In addition Butkow is a non-executive director of Grovest. He said Segal will continue to chair Kalon. Another factor driving the rebrand was that when the company was...

  • Top startup events in South Africa, Africa you should know about this week [24/07/2017]

    Looking to get into the South African startup scene or catch up on some of your skills? Well, you've come to the right place. There are loads of competitions, networking sessions and workshops happening around South Africa and the rest of the continent (namely Kenya, Nigeria and Ghana) that we've rounded up to make your life a bit easier. This article is part of a weekly series that highlights all the top startup competitions, networking sessions, workshops and conferences around South Africa, and the greater region. If you have any event recommendations for us to add to the list, or...

  • How to make a killing with online sports betting in South Africa

    The internet has made virtually everything easier, faster and more convenient in South Africa, and sports betting is no exception. In fact, many South African punters and operators alike are using online bookmaking sites to make a killing as you read these words. From a punter’s perspective, during the dark old days of South Africa they had little choice but to physically trek to their nearest TAB outlet to place their horse racing bets. Today, however, they can wager on horse racing and a variety of other local and international sports in Rands on their desktop computer, laptop, smart phone or...

  • SA, Ghanaian startup shortlisted for Swiss-based Kickstart Accelerator

    South African startup Libryo and Ghanaian startup Farmerline have been selected for Swiss-based Kickstart Accelerator’s second cohort of 30 startups which hail from around the world. The announcement was made by Kickstart Accelerator on Wednesday. Libryo, a legal platform which enables organisations to understand their legal obligations, and Farmerline, an information service for small-scale farmers in Africa, will take part in the 11-week programme in Zurich from 4 September to 17 November. The second cohort has been divided into four verticals, namely: fintech, smart cities and robotics and intelligent systems. Adel Raslan, who handles publics relations on behalf of Kickstart, told Ventureburn that 10% of the applications...

  • HeePD to launch coding academy for people living with disabilities

    People with disabilities in Cape Town will be able to access free training in coding, with the expected launch next month of a local coding academy. The Hub Employment Ecosystems for People with Disabilities (HeePD), a commercial enterprise started in February, is working with partners to launch CoD - Ability Academy for People with Disabilities at the Open Design Festival between 13 and 25 August. The academy for people with disabilities will offer training in HTML, Java and C+. HeePD founder Riad Masoet, who has multiple sclerosis, told Ventureburn that HeePD will partner with various coding partners to establish the academy. Masoet did not want to say yet...

  • Innovator taps over R220 000 in support from CSIR grassroots programme

    Nkosana Madi has been able to tap over R220 000 in training and support from a Council for Scientific and Industrial Research (CSIR) programme that aims to help innovators from townships and rural areas. Madi (pictured above), who is from KwaThema near Springs in Gauteng, has developed a motorised bike, the Fla'va. He says the CSIR, through its Grassroots Innovators Programme, is helping to fund an auto-CAD and design-modelling course he is undertaking. Since July last year the CSIR has also provided him with an engineer to advise him on the kinds of tools he should use to manufacture the bike and has...

  • South Korea seeks to diversify its startup scene with its latest accelerator GAPS

    The South Korean government has opened applications for 30 foreign startups to join its new Global Accelerator Program for Startups (GAPS). The application deadline is 31 July. The 1o-month programme will run from this September to June next year and shortlisted startups will each get a grant of $26 000. Applicants will be assessed on how marketable and scalable their business models are as well as on their team’s makeup. Winning startups will also be provided with office space, equipment and material. The programme will also assist participants in getting startup visas and additional mentorship on how to run a business in Korea. GAPS is...

  • Geekulcha VacWork encourages innovation in the Kalahari

    Geekulcha VacWork, a grassroots programme teaching high school pupils about ICT and startups, took place between 10 and 14 Juy in Mier, in the Northern Cape. Geekulcha co-founder and COO Tiyani Nghonyama told Ventureburn that the initiative, which was launched in 2014, aims to provide a platform for skills redistribution by university students to high school pupils. "There was a realisation that we need to monitor the transition from being a learner to university student to the job market," he said. Nghonyama said one of their main goals was to empower and elevate young female talent. 85% of the attendees at the Geekulcha VacWork Kalahari...