New Amazon Africa headquarters to be built in Cape TownUS retail giant Amazon will be the anchor tenant of a R4bn River Club development that has gotten the go-ahead from the City of Cape Town.
Barloworld calls on social entrepreneurs to apply for 2021/22 Barloworld MbewuSocial entrepreneurs are invited to submit their entries for consideration for incubation to the second leg of a Barloworld flagship entrepreneurial programme known as Mbewu. The entries for the 2021/2022 programme are open and close on 14 May 2021.
Smash burger dispute: Rocomamas to meet with food truck ownerRocoMamas will meet with Cape Town-based Rack n Grill food truck owner Muammer Kasu on 20 April, after the burger franchise was called out for corporate bullying tactics when it demanded that the small takeaway business refrains from using the term Smash Burger on its menu.
City of Cape Town opens second electric vehicle charging stationThe City of Cape Town (CoCT) has opened its second public electric vehicle (EV) charging station. The station is situated in the parking area of the Somerset West Civic Centre. E-mobility offers the city and its residents an opportunity to create a healthier, more inclusive metro. As a proactive climate change response, it will help enable our Covid-19 recovery, said the CoCT in a statement.
Sanlam rebrands; unveils new promise to AfricaYesterday evening Sanlam unveiled its new purpose and brand positioning, what it calls its new promise to Africa.
5FM injects energy into new lineup5FM has announced their lineup changes for 2021, which includes a brand-new breakfast show. This year the station looks to inject new energy with plenty of fresh talent in keeping with its ethos to bring together South African youth through the power of radio.
Feb 2, 2021
Almost 200 fintech businesses applied for the AlphaCode Incubate programme which aims to grow innovative financial services entrepreneurs and find the next OUTsurance or Discovery.
Ten of them have been selected for a development programme that provides funding, guidance from performance coaches and a panel of advisory experts, access to AlphaCode’s co-working space and opportunities to apply for further early-stage investment.
The 12-week intensive pre-incubation programme is valued at R500 000, including R150 000 in grant funding for each participant. This jump-start programme has just begun and focuses on achieving a viable business.
It culminates in a demo day, where participants will compete for a place in a six-month step-up programme. Step-up offers grant funding of R500 000 for each startup and intensive incubation focused on achieving both product-market fit and financial viability.