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Illustration by Radia Durrani There is a tone that many of us experienced growing up. A wave of white noise familiar to those who have lived through the dial-up internet era. We remember hearing it when trying to go online using internet cards. And we also remember hearing it if we accidentally picked up the landline phone while someone else at home was online this would usually result in the internet getting disconnected and was, often, followed by some yelling. If we go back further, even having a home landline was a rarity. At a press conference during the early 2000s, Former Finance Minister Abdul Hafeez Sheikh narrated an incident that took place at a wedding ceremony he was attending. He recalled that, at the wedding, there was suddenly some commotion and the family started congratulating one another. Sheikh assumed that the ....
KARACHI: Meezan Bank, Pakistan’s leading Islamic bank has signed a supply agreement for green energy, power solution with Energy N Automation Ltd , a company of Jaffer Business Systems , a. ....
JBS (Jaffer Business Systems) has become the first VMware Principal Partner in Pakistan in datacenter virtualization. “Pakistan’s booming digital economy ....
Business May 12, 2021 KARACHI: Jaffer Business Systems (Private) Limited has decided to acquire eight to ten startups by 2030 to show support to the ideas economy and innovation. The company has already acquired a couple of start-ups, which were run by their own management. “The management of these startups keeps sufficient shares and run the startups themselves,” said Veqar ul Islam, CEO Jaffer Business Systems (Pvt) Limited in an interview with The News. Unfortunately in traditional Pakistan, there is no focus on research and development (R&D), even though innovations relied on it. “Over the period of time, we have brought up technologies here, which were at the top in other parts of the world,” he said. But even those did not get replicated. ....
The Challenges That Startups and Entrepreneurs Face in Pakistan By Shafiq Ul Hasan Siddiqui Pakistan is the 5th most populous nation, globally. More than 60% of Pakistan’s population comprises youth. Keeping in view these statistics, Pakistan has a huge potential to showcase young talent and creative ideas that can attract global attention. Unfortunately, there are not enough avenues that are harnessing the potential of the youth. The startup culture that was a buzzword, back in 2011 and onwards, Pakistan faced a lot of challenges and hardships. Many startups faced failures and there were numerous elements behind them. Many young entrepreneurs started with zeal, enthusiasm, and next-level energy but unfortunately, most of them failed in executing their ideas. ....