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Counties get ministry nod for unique car number plates

The Transport ministry has yielded to pressure from governors and offered the 47 counties unique car number plates.

Posted on 26 May 2014

CBK sees shilling rebounding after Eurobond sale

Kenya’s central bank said the sale of the East African country’s first Eurobond will boost foreign exchange reserves.

Posted on 26 May 2014

Kenya moves to woo tourists from South Africa

Kenya is eyeing South Africa in its mission to increase tourist arrivals from the continent.

Posted on 26 May 2014

POPI will have a big impact on how your business does tech: here’s how

The Protection of Personal Information (PoPI) act is about ensuring the personal information of your employees, partners and customers is relevant and managed securely. In essence, you shouldn’t have any information about someone beyond that which you require for your business. Equally, you must take every reasonable measure to secure that information. For IT companies, [...]

Posted on 26 May 2014

Wanted: entrepreneurs under 40 to take to Israel, must love startups

Arguably, the best access any entrepreneur can have is access to the world. Access to new markets, possible trade partners and the ability to understand the startup landscape and consumer market beyond their borders. This is what MyStartUp and the South Africa-Israel Forum, with the support of the Entrepreneurship Development Trust as well as Investec, [...]

Posted on 25 May 2014

India’s Flipkart raises $210 million, investors include Naspers

Hot off the back of acquiring rival online shopping site Myntra, India’s ecommerce leader Flipkart announced that it has raised a new round of funding at US$210 million. Flipkart, which is often referred to as the ‘Indian Amazon’ saw this round led by DST Global, while other investors included Tiger Global, Iconiq Capital, and South [...]

Posted on 25 May 2014

GovHackSA devs create micro-polling app to make citizens more active

As part of World Design Capital Event in May this year, GovHackSA took place in Cape Town over the weekend. The day-long hackathon saw more than 40 novice to experienced coders come together and find creative solutions to problems posed by the City of Cape Town. There were three challenges. Each participant could choose which [...]

Posted on 25 May 2014

CMA in bid to reveal what top executives earn

Owners of public listed companies will know how much those running their firms are paid if the Capital Markets Authority’s newly-published disclosure proposals become law.

Posted on 25 May 2014

Companies seek approval from Rea Vipingo shareholders

Investment firm Centum and two British brothers have launched a charm offensive among Rea Vipingo shareholders, seeking approval for their competing buyout bids for the agricultural company.

Posted on 25 May 2014

Takealot gets $100-million from Tiger Global but no expansion plans… yet

Things are looking good for one of South Africa’s biggest ecommerce players — Takealot. According to a TechCrunch report, the site has just secured a staggering US$100-million from Tiger Global Management. The site was founded in the 2002 as Take2, but was later relaunched as Takealot in 2010 by Tiger Global Management and CEO Kim [...]

Posted on 23 May 2014

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