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Reserve Bank to pay R250 million back to Mark Shuttleworth

Published by on Oct 1st, 2014, 1 Comment

Mark Shuttleworth

Mark Shuttleworth is a very wealthy man and now he looks to add even more to his riches after the Supreme Court of Appeal ruled in his favour in his lengthy legal battle against the South African Reserve Bank.

The local tech entrepreneur – and first African in space – has been battling with the Reserve Bank for over a year about the pricey exchange control levies and today finally received judgement, which of course was in his favour.

The SCA has ordered the South African Reserve Bank to pay Shuttleworth R250 million, plus interest.

The official amount that the Reserve Bank has to pay to Shuttleworth is R250 474 893, 50 (plus the interest, of course). The sum is equal to that which Shuttleworth had to pay for moving his assets out of the country.

Shuttleworth has not been living in South Africa since 2001, when he moved to the Isle of Man in the United Kingdom. However, it wasn’t until 2009 that the billionaire decided to take the rest of his money with him to the UK. He has a reported fortune of R2.5 billion. (more…)

Startup Knight 2014 – entries are open!

Published by on Sep 17th, 2014, 2 Comments

startupknight2014

Have you been harbouring an amazing, innovative idea that will turn the tech industry on its head? Well, tech entrepreneurs and visionaries listen up; Byte orbit’s annual startup competition, Startup Knight, is here again, and this year promises to be bigger and better than ever.

If you haven’t heard of Startup Knight yet, then it’s time to get acquainted.

Startup Knight aims to empower and inspire up-and-coming tech entrepreneurs and visionaries in South Africa, by offer them the chance to showcase their ideas to investors and ultimately receiving a kickstart in their venture.

The competition is divided into two phases; the Startup Phase and the Concept Phase.

The Startup Phase has a prerequisite that all entrants must already have a working prototype of their product, or have their product already in the market. As for the Concept phase, this only requires entrants to have an innovative idea that is commercially viable or has the ability to attract high volumes of users.

The Concept Phase entrants will be required to demonstrate research into the concept as well as offering a revenue model and go-to market plan.

This year the theme for Startup Knight is ‘Technology That Enables’. To elaborate, this means that this year’s competition is aimed at startups and concepts that are focused on innovations that enable SMEs to operate more efficiently, more competitively and those that achieve scalability.

To give you an idea of  the kind of concepts and startups they’re looking for think DropBox, Salesforce, MailChimp, Linode and FreshBooks.

What’s in it for me, you ask? Well, some pretty amazing prizes.  (more…)

Impress Me – an app to help you land your dream job

Published by on Aug 26th, 2014, No Comments

impressme

We all know that finding a job – and a job that you actually want – in this day and age can almost be an impossible task. With so many people looking for the same job as you are, it is almost a certainty that your resumé will end up in a pile of other, equally impressive resumés.

That is why you need to stand out from the crowd – and that is exactly what the Impress Me app looks to do; helping you stand out from the crowd to land the job of your dreams.

Impress Me is a video-based app that allows you to visually impress your potential employer and address them ‘face-to-face’ without even being called in for an interview.

The premise is actually really simple. The app allows you to submit a unique video clip of yourself, telling recruiters or potential employers exactly why you are right for the job. Impress Me also has a search function, detailing various open positions in an array of different fields. You can, for instance, search for a job in the computing and IT field, find a job you would be interested in, and submit your video.  (more…)

LG G3 now available nationwide in SA

Published by on Aug 18th, 2014, 4 Comments

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If you haven’t used an LG in recent years, the LG G3 may get some getting used to. But if you are in the market for a new Android device, you’ll be doing yourself a disservice if you don’t go to a store and handle this device.

We think this is a great device, and now anyone in SA can get their hands on it. Read more about the G3 here.

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You can now buy Google Glass in SA – for a ridiculous price

Published by on Aug 15th, 2014, 4 Comments

Google Glass

Tech junkies, rejoice! Google Glass has arrived on South African shores for the first time; however, we’re pretty sure that not many people will jump to get their hands on the device – considering the ridiculous price.

Online retailer, takealot.com, is offering a limited amount of Google Glass devices. The company made the announcement on their website yesterday, but really there was only one thing that caught our eye…

Takealot is selling Google Glass for an astonishing R26 999 – for one.

Now if you can get over the initial shock, you might be glad to hear that they are selling two different styles of the device, although that doesn’t affect the price.

Takealot if offering limited units of Google Glass Black in either split style frames or edge style frames.  (more…)

Project Isizwe and Gumtree bring free Wi-Fi to South Africans

Published by on Aug 7th, 2014, No Comments

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Classifieds site Gumtree has partnered with Project Isizwe to bring free wi-fi to low-income communities across South Africa, starting with a large roll-out in the City of Tshwane. The initiative plans to create capacity to connect over 1 million people in the municipality by August 2014 via 219 “Free Internet Zones”, with even greater capacity planned for the 2015.

Project Isizwe is a non-profit organisation which aims to bring the internet to people across South Africa by facilitating the roll-out of Free Wi-Fi for public spaces in low income communities. Isizwe helps Governments plan, roll-out and maintain Free Wi-Fi networks and the non-profit structure allows for the pooling of bandwidth, the sourcing of local installers, and the co-operation with Governments without excessive mark-ups.

“As one of the biggest Internet sites in South Africa, the partnership was a natural strategic fit for Gumtree,” says Country Manager Johan Nel. “Our aim is not only to connect economically disadvantaged individuals to the Internet for the first time – we also have the larger goal of connecting those individuals  with opportunities such as 60,000 jobs registered on our site, or to gain free exposure for their own businesses by tapping into the platform and our user base.” (more…)

WebAfrica giving away 50TB of data per customer

Published by on Aug 5th, 2014, No Comments

Image: MyBraodband

Image: MyBroadband

From time to time ISPs offer free data to their customers, but nothing on a scale like this. WebAfrica will be offering its customers 50,000 GB of free data in August, with some people able to enjoy more for free in September.

Web Africa have decided to push the limits and add 50TB of Download Plus to all their Capped packages for the month of August. Not only will that, but users that use the most data will win prizes as well.

To put that into perspective, downloading Game of Thrones seasons 1 through to 4 in HD uses around 23.5GB of data. That means you’ll have the equivalent of 2100 seasons’ worth of data at your disposal.

The rules are stipulated as follows: (more…)

Ikhokha: Home-grown mobile card payment solution (video)

Published by on Jul 24th, 2014, No Comments

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Small businesses often don’t have the luxury of using the big banks’ card machines to further their business. More and more SME’s (small and medium enterprises) were finding it hard to compete as a result. That has started to change in the last couple of years, though.

Dozens of start-ups have sprung up around the globe to offer businesses the opportunity to move away from a cash only model without needing to invest an exorbitant amount of money. Now, another South African company is joining this very competitive market.

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Merchants pay a once-off cost of R989 for the Edge Chip & PIN card reader and thereafter a flat 2.75% per transaction, there are no hidden monthly fees. iKhokha offers a 24 month rental option for merchants looking to avoid an upfront cost. (more…)

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