Today’s top entrepreneurship and business stories (21 July)
50 Training opportunity for entrepreneurs in the ICT sector
The MultiChoice Enterprise Development Trust is offering 50 training opportunities for free to entrepreneurs in the ICT industry.
The trust is looking for candidates that fit the following criteria: must own a registered company operating within the ICT sector; be between 18 and 35 years old; must be at least 51% black owner; the company must have a revenue of less than R1 million per annum and have been trading for less than 18 months.
The programme will start at the end of August 2016 and run over 9 full days over a period of four weeks.
The 9 day Start-up Programme is designed and facilitated by the African Entrepreneurship Initiative and will help entrepreneurs do the following.
- Understand the landscape of the ICT sector and how it affects their business
- Understand their business strategy and learn how they can diversify their service offering and
- Receive training and development in areas such as leadership, marketing, finance, strategy and
The closing date for applications is 29 July 2016. Interested candidates can apply here.
Meet the DEMO Africa finalists
The 30 DEMO Africa 2016 final 30 list have been announced. The finalists were picked from a record 723 technology startups from 27 African countries that applied to launch at the event.
Out of the 30, South Africa is represented by 11 startups, Nigeria six, Kenya five and Ghana three. For the first time Morocco will have a representative in the continental faire. Other countries include Egypt, Tanzania, Uganda, and Rwanda.
“The entries this year certainly kept up with the DEMO Africa spirit to produce innovative and creative ideas that are bound to transform the technology landscape and we are excited by the growth of innovation and technological advancement in Africa as portrayed by our finalists,” said Harry Hare, DEMO Africa Executive Producer while congratulating the finalists.
The 30 finalist startups have products in 11 verticals including logistics, retail, ecommerce, education, banking and finance, media, renewable energy, health and agriculture. Banking and financial technologies had the highest number of entries followed by media, ecommerce and education.
The adjudication process which began mid-June 2016, involved a series of activities with a continental jury. “The adjudication process involves a review of the documentation submitted by the startups, a review of their online properties, and testing some of the applications that are online, but the judges also look at the innovation, viability and the product – market fit,” said MbuguaNjihia, the Event Director. (DEMO Africa)
Sage Announces the Launch of Sage 50 Accounting in East and West Africa
Sage which provides integrated accounting, payroll and payment systems, today announced the launch of Sage 50 Accounting in East Africa and West Africa. Sage 50 Accounting is a holistic accounting and business management solution for Small & Medium Businesses.
Sage 50 Accounting will enable businesses to manage operations, draw reports, and identify trends and opportunities from one interface. All components in Sage 50 Accounting are fully integrated and share a common interface, while data integrity is ensured and maintained in a central database, reports Sage.
“Sage 50 Accounting brings all aspects of your operating environment together, providing a complete business management solution,” says Dr. Rutendo Hwindingwi, divisional director for Sage East and West Africa. “The comprehensive range of features and add-on modules provide a robust management tool for your businesses.”
“The future is mobile and we are giving our customers the power to control their businesses from the palm of their hand with solutions like Sage 50 Accounting. We connect our customers to accountants and partners with real-time and intuitive information about their business,” says Anton van Heerden, Executive Vice-President and Managing Director, Sage South & Southern Africa. “Sage 50 Accounting enables our customers to focus on their business and helps them to leapfrog to the future.”