The Jack Ma Foundation kick-starts its second annual search for “Africa’s Business Heroes”, with a prize pool of $1.5 million.
The service gives entrepreneurs and small businesses unlimited access to a database of legal contracts.
Mobiz will use the investment to fund expansion as it looks to grow its footprint in the US and Europe.
Tankiso Motaung’s Red Puppy platform wants a slice of SA’s estimated R10 billion online shopping sector and to take on the likes of Takealot.
Of the total $800 million, over $200 million will go towards an investment fund that will provide financial support for small businesses amid the COVID-19 outbreak.
The company will no longer make investments in firms that sell the controversial technology, and will disassociate itself from AnyVision.
In order for businesses to trade during the lockdown, they have to apply via a government portal, in terms of the regulations.
Government is urged not to discriminate against ICT businesses in the Debt Relief Fund allocation process.
In an effort to help small businesses, the telco offers loans to SMMEs, with a turnaround time of four hours.
Grindstone receives an investment from the SA SME Fund and concludes agreements with Google and Deloitte to extend its reach.