88mph, one of South Africa’s leading seed investors and accelerators, recently held their Cape Town Investor Day at the Crossley & Webb vintage car showroom, and the startups showing at the event were definitely something to get excited about.
88mph operates from Cape Town as well as Nairobi and Lagos and aims at providing startups with more than just funding. In addition to the initial investment, the accelerator also provides these startups to networks, gives them feedback on their products and assists them with business models, marketing and helps them to experiment in the market.
In February, 88mph invested in seven startups – all of which have been hard at work over the past 10 weeks. The company’s Investor Day will allow these startups to communicate with venture capitalists and high net worth individuals and show them what their business can do. (more…)
Startups, investors and tech hubs listen up – the newly launched AfricanUp platform will soon become your new best friend.
AfricanUp is a platform geared towards helping startups, technology hubs and accelerators connect with each other, as well as helping investors find startups. All in all, AfricanUp is a platform for the technology eco-system at large to tell the world it’s story.
AfricanUp is the brain child of South African entrepreneurs Paul Cartmel and Nic Haralambous. Through a connection between the power of New Media Lab’s Lenticular technology, and Haralambous’ business-development, AfricanUp was born.
Haralambus has said that the idea with AfricanUo is not to revolutionize the tech industry, but rather to just get down to basics and offer a platform for startups to connect with investors, accelerators and more:
“There’s no need to reinvent the wheel when launching a platform like AfricanUp. Our goal isn’t to build a revolutionary technology business. Our goal is to connect startups, founders, investors and accelerators from around the world,” he said. (more…)
Apple and App Store users, unfortunately I have some bad news for you. As of today, prices in the South African App Store will be raised – and no, this is not an April Fool’s Day joke.
Today, Apple sent out an email to all developers explaining that the prices of cotent and apps in various App Stores will be raised as of April 1st.
A total of 5 countries are being affected by the new price increase. These countries include India, Indonesia, Australia, Turkey and the good ol’ RSA.
Apple hasn’t made it clear as to exactly how much the prices will increase to. (more…)
As of today, Web Africa custmers can expect reduced costs of their capped ADSL packages – some from as little as R1.50
In January we reported on Web Africa’s drastically reduced prices for their uncapped ADSL customers; and now it seems that the customers on capped ADSL packages will also welcome new, lower prices.
CEO of Web Africa, Tim Wyatt-Gunning, was adamant that the price reductions is not just for promotion, but rather here to stay:
“This isn’t a short-term promotional exercise…[sic] these price reductions are so deep that we believe they will convince many consumers and businesses, who previously felt it was simply too expensive, to switch to ADSL. Each Rand now buys between two and three times more data than before thereby allowing users to start using the internet to its full potential as an affordable alternative to data hungry applications such as TV, DVD’s, CD’s and photos” he said. (more…)
As of yesterday, the DMMA (Digital Media & Marketing Association) has become a part of the Interactive Advertising Bureau (IAB), and will now be known as the IAB South Africa.
The IAB is a global, interactive advertising bureau, founded in New York City in 1996. The IAB is comprised of more than 600 media and tech companies that, together, are responsible for selling 86% of online advertising in the US alone.
Their main focus is to grow the digital industry worldwide – thus, it makes sense for the DMMA to be part of such a prominent global bureau. (more…)
As of the 1st of April, you will have to cough up a little bit more for your digital or online purchases.
The National Treasury has announced that they will be implementing a 14% VAT tax on all digital and online products, services and tech support. Sounds a little cunning? Well, according to Minister of Finance, Pravin Gordhan, it’s not.
In 2013’s budget speech, Gordhan proposed a new regulation that will add VAT to foreign business traders that “sell e-books, music and other digital goods and services”.
Now, it seems that the proposal has turned into a reality. The minister recently published the all new ‘Electronic Services Regulations’ for comment. (more…)
As the travel industry gets better acquainted with the tech industry, South African companies are also making their mark on this ever growing market.
Cape Town-based travel tech innovator, Tourism Radio, has recently partnered with German app producer, Yopegu, to create a innovative audio mobile travel guide app.
The app, that is specifically designed for mobile use and aimed at travelers, contains detailed travel guides to 20 well known travel destinations world wide including Paris, New York, Berlin and Rome.
The app features hours of Tourism Radio audio as well as text travel content. While Tourism Radio already produces its own range of audio travel apps, the company believes that the partnership with Yopegu is an excellent opportunity to modernise travel across various distribution channels. (more…)
One of the biggest stories of the past year was the tragic shooting of Paralympian, Oscar Pistorius’ girlfriend, Reeva Steenkamp.
Steenkamp was killed in Pistorius’ home (on Valentine’s Day no less) after he allegedly mistook her for an intruder and shot her dead. The story blew up in the media like a nuclear bomb and all the world’s attention has been on Pistorius ever since.
After initial court appearances, Pistorius was charged with murder and his trial date set to start on March 3rd and has been scheduled to run until the 20th.
Now, because of the intense fascination with Oscar, Reeva and what exactly went down that night, DStv has decided to launch a pop-up channel solely focused on Oscar and his trial, round the clock, 24/7. (more…)