HomeCategory Top News

https://startupafrica.co.za/wp-content/uploads/2018/07/Frustrated-Black-Woman-2.jpg

Despite government’s good intentions, most small business policy and initiatives have failed ‘since their assumptions and data were wrong’. Low employment rates, conflicting laws, regulations and strategies, no policy harmony and a bird’s nest of red tape are squeezing the life out of small businesses. And the department of small business development (DSBD), which is supposed to oversee the sector, has done little to improve the situation. These were some of the findings of South...

https://startupafrica.co.za/wp-content/uploads/2018/07/durban.jpg

The South Regional Business Fair is set to give 84 businesses a huge economic boost and help them to create new networks. The fair, which started yesterday and will end on today, is taking place at the KwaMyandu Shopping Centre in uMlazi and is expected to draw in 16 000 buyers, potential investors and partners. These 84 businesses will be exhibiting their locally made products at the business fair. Besides the exhibition of products, the fair...

https://startupafrica.co.za/wp-content/uploads/2018/07/busines.jpg

Strong demand for middle-income rental housing is prompting private entrepreneurs to build residential property portfolios that they can list when economic and market conditions improve and fund managers become less wary of risking new money in the listed property sector. A residential-only fund may list as early as next year, according to analysts, who say that some funds have been able to get scale relatively quickly compared with other property types. Such a fund would...

https://startupafrica.co.za/wp-content/uploads/2018/07/virtual-reality-1805842.jpg

Although the integration of technology into business is gaining momentum in South Africa, a new report from research consultancy World Wide Worx has revealed that small and medium enterprises are more open to internet of things (IoT) applications in their business than other technology such as blockchain and AI. The fourth industrial revolution has landed in many countries across the world, but perhaps the most accurate measure of integration levels is the degree to which...

https://startupafrica.co.za/wp-content/uploads/2018/07/what-is-fourth-industrial-revolution.jpg

As unemployment in South Africa approaches unprecedented levels, the country is responding within its means to improve its education environment, not only through increased enrolment but also by choosing to acquire the most relevant market skills. A new report by PwC reveals that over 30% of higher education students are enrolled in science, technology, engineering and mathematics (STEM) programmes. One of the biggest factors hindering South Africa’s progress as a nation is the country’s exceptionally...

https://startupafrica.co.za/wp-content/uploads/2018/07/hire-me.jpg

Businesses around the world are cottoning on to the value of transferring labour from human workers to machines. Automation can increase efficiency and decrease labour costs. It helps employers to avoid complex challenges such as wage increase demands, labour protests and strikes. Consumers also benefit from automation when products and services become cheaper because of reduced input costs. But while there are numerous benefits to automation, recent economic trends in the developed world suggest that it...

https://startupafrica.co.za/wp-content/uploads/2018/07/female-gamer.jpg

eSports is one of the fastest growing sporting sectors and could be worth over US$5-billion globally by 2020. But this is not the most interesting aspect of this fast-rising and highly competitive world. Instead, eSports – the competitive play of certain video games for prizes – is proving to be a great magnet for women. According to a PWC study, even though the gender split among gamers is 50/50, more women identify as professional gamers...

https://startupafrica.co.za/wp-content/uploads/2018/07/wallet-908569_1920.jpg

startupAFRICA has learned that Standard Bank have launched an innovative campaign that will help South African fledgling entrepreneurs “turn their side hustles into their main hustles.” The name of the campaign is My Fearless Next. The bank will be providing young entrepreneurs with funding that is equal to as much as a year’s salary to encourage them to jump into the deep end and try to turn their side businesses into full-time businesses. The competition...

https://startupafrica.co.za/wp-content/uploads/2018/07/zimdf.jpg

A chartered accountant is on a mission to create healthy relationships between entrepreneurs and banks. Zimkhitha Zatu said that having to counsel some of her entrepreneur clients, after banks denied them loans as they did not meet certain minimum requirements, ignited her drive to create a bridge between the two. The clients took strain when they were refused funding and it hit her hard too. So when Standard Bank offered her a job in November...

https://startupafrica.co.za/wp-content/uploads/2018/07/water-623808.jpg

South Africa’s fellow member states in the BRICS grouping have made significant inroads in its tourism industry, generating business and economic growth, accounting firm PwC said this week. South Africa is hosting the 10th BRICS summit this week, expected to draw hundreds of delegates to its commercial hub of Johannesburg. PwC said compared to other foreign visitors, visitors from Brazil, Russia, India and China (BRIC) had a lower propensity to visit South Africa for leisure,...

2019 STARTUP AFRICA ALL RIGHTS RESERVED.