News Roundup for Busy Entrepreneurs 19 May 2017

Every week Finfind selects some of the newsworthy articles to help keep busy entrepreneurs up to date and informed about the latest happenings in the world of SME Finance and other SME news. Enjoy.

‘SA should look to Israel as lesson in boosting entrepreneurial ecosystem’

Israel’s success as a startup nation can be attributed to the notion of “if you don’t have it, you either go without it or innovate, invent, and do better”.

So says Carel De Wet, the general manager of cloud service vendor iCloudius. He was talking at Salesforce’s “What Western Cape’s Tech companies should learn from Tel Aviv’s Startup Nation” event, held at Workshop 17 in Cape Town today.

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‘Black startups, Range Rover won’t be yours tomorrow. Start small.’

Motivation can spring up in the most interesting of places, like this television interview with professional public and motivational speaker and Dragons’ Den judge Vusi Thembekwayo on eTV. Thembekwayo – who is renowned for having started a new business division at Metcash and turning that into a R461m rand a year turnover business – says that black economic empowerment has damaged black South Africans’ psyche by creating a mindset of entitlement.

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Investec Property, Giant Leap launch ‘Uber style’ offices on demand in SA

Investec Property and workplace specialists Giant Leap today launched FutureSpace – a first of its kind,high end office on demand at 61 Katherine Street in the heart of Sandton, Johannesburg.

Linda Trim, Director at Giant Leap, said the new 2000 square metre office could be thought of a mix between “a five star business class lounge and on-demand, sharing economy services like Uber and airBnB.

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Al Baraka Banking Group and Flat6Labs to support entrepreneurs and start-ups

Al Baraka Banking Group (B.S.C) and Flat6Labs have signed an MOU to collaborate in a series of activities including creating the start-up and entrepreneurship eco-system, sharing of knowledge, expertise and mentoring financial technology (fintech) start-ups.

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What do SME owners look for in an accountant?

Guest article by Marnus Broodryk, Shark Tank SA Investor and Xero Gold Partner

The advance of technology has changed the way small and medium sized enterprise (SME) owners view their accountants. Research conducted by Xero and World Wide Worx suggests that the profession’s more laborious and less intellectually taxing (no pun intended) functions are increasingly being handled by technology: 34% of SMEs surveyed suggested that they’re becoming self-sufficient through automation, and 31% don’t believe they’ll need an accountant in ten years’ time.

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Dubai SME and property developer launch AED1m entrepreneur prize

In line with the UAE declaring 2017 as the year of giving, leading property developer and real estate management company, International House for Real Estate Project Management (IHRPM), is launching the Unleash Your Inner Entrepreneur Campaign. This competition is aimed at giving future entrepreneurs a once-in-a-lifetime opportunity to take the next step in developing their business.

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GoOnline Nigeria to empower SMEs for digital age

GoOnline Nigeria has announced the imminent roll-out of its business growth programme for Small and Medium Enterprises (SMEs) across Nigeria to equip the ecosystem lead competitiveness in the digital age.

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