According to a 2017 report by eMarketer, WhatsApp and Facebook Messenger are the most widely used platforms worldwide in terms of monthly active users, with WhatsApp pulling slightly ahead of Messenger. Clearly, WhatsApp’s broad consumer reach makes the platform a highly desirable one for brands to engage with consumers. Moreover, communicating with consumers on WhatsApp Business helps simplify the customer journey, making it more efficient and less of a hassle. Given its integration into the lives of consumers, numerous brands, including Etihad Airways recently decided to embark on a WhatsApp Business solution that allows passengers to communicate instantly with the airline, as part of its digital strategy. The airline joins companies such as KLM Royal Dutch Airlines and Netflix i
Facebook Chief Executive, Mark Zuckerberg, has over taken Warren Buffet to become the third richest person on earth (now worth $81.6 billion) according to Bloomberg’s Billionaire Index. This also marks the first time that the top three is solely occupied by tech titans as first and second place belongs to Amazon founder Jeff Bezos ($142 billion) and former CEO of Microsoft Bill Gates ($94.2 billion). It’s been a weird year at FB… Considering the year that Facebook has had thus far, one wouldn’t expect Zuckerberg to be rising up the rich list. The Cambridge Analytica scandal managed to wipe $37 billion in share value back in March. Elevate Zimbabwe Gamer Whilst still trying to manage the blow back of Cambridge Analytica, Facebook managed to bungle up user privacy once again when
Zimpost has decided to dip its toes in the eCommerce market as they have launched Zimpost Mall which they hope will become an online provider of all you need as it will be filled with different goods at some point. The postal and couriers service company now has a new online platform that provides courier services and they are calling this the Virtual Post Office. This offers a number of services you would normally have to visit the post office for. Zimpost Mall The online store is quite interesting and though it is still a work in progress it seems there will be loads of stuff to get there. Right now there are only a few sections that are stocked. There is a stationery section and this contains –you guessed it- stationery, textbooks -for Primary, Second
Pan African bank, Ecobank has just called startups with Fintech solutions to apply for the Ecobank Fintech Challenge 2018. The competition is in its second year and last year over 850 contestants applied so competition will definitely be stiff. Ecobank Fintech Challenge gives African startups a chance to promote their fintech solutions partner or an opportunity to partner Ecobank. If given a chance to partner with Ecobank, startups can help with solutions to be implemented in one of Ecobank’s 32 markets (Zim included). The CEO of Ecobank Transnational Incorporated stated that the company is dedicated to supporting innovations in banking and finance across the internet: We, at Ecobank, believe that the current winds of change led by technology and innovation will redefine how banks
When startups pitch to big companies there is usually some fear on their end as they are afraid of getting their ideas stolen and them being left in the dust. One such person who claims they were affected by this is Ignatius Munengwa. He claims Econet stole an idea he pitched to them back in 2011. Last year, he took the telecommunications giant to court over the issue (the issue is not yet resolved in court) and it seems now he is back! He has sent a letter of complaint to POTRAZ (the regulator for all telecommunication companies in the country) over the same issue and seems to be fighting his battle on two fronts now. A quick recap… In 2011 M Comm pitched a security response product called ‘Panic Button.’ This product was supposed to be linked to security companies’ rapid response
Dealmatrix, an Austrian web platform that specialises in scouting, matching and workflow management for the venture system, has invited startups from all over the world to apply for the Global Pitch Competition. Dealmatrix aims startups from around the world seeking investors. The application process… Unfortunately, the deadline is only 4 days away (22 April). This means if you are interested in applying for this one, you have a race against time. The top 100 companies who would have applied will be announced on the 4th of May with finalists to be announced twelve days later, on the 16th. The final online pitches set to take place on 22 May. The categories startups will be applying to include: · Our Planet: Sustainability, renewable energy, social impact and agriculture Our Bo
United States Agency for International Development (USAID) is calling upon interested parties to apply for the Feed the Future Partnering for Innovation program. There is one advantage or disadvantage depending on where you stand: under USAID’s program, only female entrepreneurs can apply for the support. The program will help SME(Small-Medium Enterprises) led by women in smallholder markets. The initiative is part of the Accelerating Women Entrepreneurs Prize 2018 (AWE). Two companies will be awarded $50 000 packages for their efforts. The deadline for the application is 25 April. Applications are open to women in the sub-Saharan African countries that USAID works in (fortunately Zimbabwe is a part of the list). What exactly should you be doing? To be considere
Chancellor Phillip Hammond has called for a deeper look at how tech giants such as Google and Facebook are taxed. Mr Hammond said there was a need to consider interim measures, such as taxing revenues, rather than profits. He first addressed the topic in the Autumn Budget, amid concerns the current system does not tax companies where they make their money. He said the government hoped to find a solution along with other international partners, including the EU. Another area he singled out for attention was online selling. He said that, although online platforms and marketplaces, such as eBay, were good for the economy and for consumers, the way tax was paid on these transactions needed to be looked at to ensure the right amount was being paid. Why is the chancellor so up...
Last month Goodwell Investments raised 20 million euro from over 30 investors for investments in Sub-Saharan Africa. What is Goodwell Investments? Goodwell Investments is an investment firm focused on financial inclusion, fintech, and inclusive growth in sectors providing goods and services along with income generating opportunities to the underserved. Their target is to provide capital and management support to companies that focus on fintech, inclusive growth in sectors providing basic goods and services and income generation opportunities to the underserved. Since 2006 they have raised 5 funds with over $100 million in capital. Goodwell has invested equity in early-stage businesses in financial services and technology companies in India and Africa. They have invested in classical...
Startupbootcamp Cape Town has confirmed it’s hosting a Fasttrack in Harare on the 28th of February. Startupbootcamp Cape Town is a leading accelerator focused on startups in blockchain, supply chain, e-commerce, analytics, and insurtech among others. They are backed by leading corporate sponsors who include Old Mutual, Nedbank, and Woolworths Financial Services. Amazon Web Services and Cisco are among global sponsors. What is a FastTrack? According to the Startupbootcamp site: Startupbootcamp FastTracks are informal events that we host all over the world to meet the most suitable early-stage companies interested in joining our program. For each FastTrack, we invite the top 10 startups who apply to receive instant feedback from a panel of industry mentors, network with our investm