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News and Updates on Entrepreneurship in South Africa

Ramaphosa’s promise to SMEs falls flat

Despite president Cyril Ramaphosa reaffirming the government’s commitment to promote small and medium-sized enterprises (SMEs) and create jobs, efforts to support SMEs in South Africa are uncoordinated and largely ineffective. In fact, the recently published Tourism Amendment Bill appears to contradict the president’s commitment and is a startling example of …

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Equity crowdfunding gains traction in SA

Crowdfunding is having a moment in SA. Besides the R500 000 raised for a service station attendant who came to the aid of a young woman by paying R100 to top up her tank, ‘the crowd’ recently invested R32.7 million in a start-up company. Intergreatme, a company that allows people …

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Call for Entries for the Ekow Mensah Fellowship Program Ends!

The month-long call for Entries for the maiden edition of the Ekow Mensah Fellowship Program ended on the 31st of May, 2019 with 91 applications from 6 African Countries. Receiving applications from countries such as Ghana, Nigeria, Mauritius, Zambia, Kenya and South Africa indicates the continental wide endorsement of the …

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Reinvigorate exploration in SA

JOHANNESBURG – Junior miners and women have the potential to change the face and trajectory of the mining industry in South Africa. I believe this is a change we need and should support. Let’s look at the mining sector first, because for women to meaningfully participate and contribute to the …

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SA insurtech startup Simply in partnership to widen distribution network

South African insurtech startup Simply has partnered Iemas Insurance Brokers to extend the reach of its tech-based products using the brokerage firm’s strong grassroots distribution network. Launched in November 2016 with the goal of shaking up South Africa’s mass-market life insurance space by serving as many people as possible, Simply designs and sells great …

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AI-focused VC launched in SA

South African Cortex Group has launched Cortex Ventures touted as Africa’s first venture capital firm focused exclusively on AI. In addition to finance, selected AI start-ups will also have access to Cortex Group’s technical advisory, AI-application development capabilities, and co-working space. Dr. Jacques Ludik, Cortex Group’s Founder and the chief executive officer …

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