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Oliver Buchannon
Elvorne Palmer

Co-founder of The Open Letter, Elvorne has 20+ years of experience in media and content.

News

+1

The Cape Town FinTech Powering SA's Biggest Checkouts Is Now Preparing Them for AI

Mar 18, 2026

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5 min read

The Cape Town FinTech Powering SA's Biggest Checkouts Is Now Preparing Them for AI

Stitch processes payments for FlySafair, TFG's Bash and EasyEquities. It just added Apple Pay and Google Pay to FlySafair's app this week. But the more interesting move is what it published three weeks ago: an architectural warning to SA's CTOs that the next wave of commerce won't involve humans at all.

Elvorne Palmer
Elvorne Palmer

News

+1

Woolworths Just Bought the Company That Makes Your Ready Meals: Here's What It Took

Mar 17, 2026

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6 min read

Woolworths Just Bought the Company That Makes Your Ready Meals: Here's What It Took

Woolworths announced today that it will acquire 100% of In2food, its biggest supplier, from the founders, Old Mutual Private Equity and other shareholders. In2food does R5 billion a year in revenue, runs eight manufacturing facilities, and produces 3.2 million packs a week. The deal price wasn't disclosed. Here's what the deal means and what it took to build a company that Woolworths couldn't afford to lose.

Elvorne Palmer
Elvorne Palmer

News

+2

Optasia's First JSE Results: 76% Revenue Growth, 432 Million Users, and an Answer to the Exit Question

Mar 16, 2026

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6 min read

Optasia's First JSE Results: 76% Revenue Growth, 432 Million Users, and an Answer to the Exit Question

Optasia has delivered its maiden full-year results since listing on the JSE in November 2025. Revenue surged 76% to $265 million. Adjusted EBITDA hit $115 million. The user base passed 432 million across 38 countries. And the default rate on $5.5 billion in distributed value held at 1.2%. For an ecosystem that has been asking whether the JSE can support tech listings, this is the strongest answer so far.

Elvorne Palmer
Elvorne Palmer

News

+1

Resolute Education Is Selling a Robotics Teaching Business in a Box: Here's What You'd Actually Be Buying

Mar 16, 2026

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5 min read

Resolute Education Is Selling a Robotics Teaching Business in a Box: Here's What You'd Actually Be Buying

Looking for a business opportunity? You can now skip the years of building a STEM programme from scratch and open an after-school club or dedicated centre on a proven foundation. The SA coding and robotics provider behind 450+ schools and 200,000+ learners is now franchising. Resolute's "Business in a Box" gives you a CAPS-aligned curriculum, robotics kits, an LMS with 100+ hours of video content, and SACE-endorsed training. But what does the opportunity actually look like for an operator?

Elvorne Palmer
Madge Booth
Elvorne Palmer, +1

News

March Funding Rounds in SA: These Are The Local Ventures That Raised in March & The VCs Backing Them

Mar 11, 2026

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6 min read

March Funding Rounds in SA: These Are The Local Ventures That Raised in March & The VCs Backing Them

Three SA startups have announced funding rounds in the first ten days of March 2026, raising a combined $6.1 million across fraud detection, payment orchestration, accounting automation, and WhatsApp research. Here's every round, what each company does, and the VC funds that raised capital in February to fuel the next wave.

Elvorne Palmer
Elvorne Palmer

News

Labour Laws and AI: Is SA’s New Labour Bill Missing the Biggest Workplace Shift?

Mar 11, 2026

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6 min read

Labour Laws and AI: Is SA’s New Labour Bill Missing the Biggest Workplace Shift?

South Africa’s Labour Law Amendment Bill is one of its biggest proposed labour overhauls in years. With new probation-period dismissals rules, statutory severance pay, new protections for on-call workers and more. It’s a big shift, but the new labour law makes no mention of AI, potentially one of the biggest shifts today.

Elvorne Palmer
Elvorne Palmer

News

South Africa GDP: 1.1% Growth & the Two Sectors Driving It Are Exactly Where Founders Are Building

Mar 10, 2026

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5 min read

South Africa GDP: 1.1% Growth & the Two Sectors Driving It Are Exactly Where Founders Are Building

South Africa's economy grew 1.1% in 2025, more than double 2024's 0.5% but still below Treasury's 1.4% target. The two sectors that contributed most, finance and agriculture, are also where the country's startup ecosystem is most active. That's not a coincidence, and it's worth unpacking.

Elvorne Palmer
Elvorne Palmer

News

+1

Orca Fraud Raises R38M to Stop Payment Fraud Across 70 Countries: Built by Two Former Stitch Engineers

Mar 10, 2026

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6 min read

Orca Fraud Raises R38M to Stop Payment Fraud Across 70 Countries: Built by Two Former Stitch Engineers

Cape Town-based Orca Fraud has closed an oversubscribed $2.35 million (R38 million) seed round led by Norrsken22 to scale its real-time fraud intelligence platform. Founded 16 months ago by former Stitch engineers Thalia Pillay and Carla Wilby, the startup already monitors over $5 billion in monthly transaction volume across 70+ countries. The pitch: global fraud tools weren't built for mobile wallets, agent banking, and African payment rails. Orca was.

Elvorne Palmer
Madge Booth
Elvorne Palmer, +1

News

+1

NjiaPay Raises $2.1M to Fix Africa's Broken Payment Routing: Talk360's 25% Conversion Jump Shows Why

Mar 9, 2026

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5 min read

NjiaPay Raises $2.1M to Fix Africa's Broken Payment Routing: Talk360's 25% Conversion Jump Shows Why

Cape Town and Amsterdam-based NjiaPay has closed a $2.1 million seed round led by European B2B SaaS investor Newion, roughly a year after an oversubscribed $1 million pre-seed. The startup builds a payment orchestration layer that sits on top of existing payment providers and routes transactions to whichever one performs best. After implementing it, international calling app Talk360 cut six PSP integrations to one and saw checkout conversions rise 25%.

Elvorne Palmer
Madge Booth
Elvorne Palmer, +1

News

+1

SA’s FinMaster Board Game Launches at Exclusive Books: From a Pizza Box Prototype to The Top Shelf

Mar 9, 2026

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5 min read

SA’s FinMaster Board Game Launches at Exclusive Books: From a Pizza Box Prototype to The Top Shelf

FinMaster, the South African board game that placed second at an international competition in Norway and had someone pay in crypto just to get a copy, launches at Exclusive Books stores nationwide on 3 April. It started as a pizza box prototype made in three days. Here's the story of how it got to the shelf.

Elvorne Palmer
Elvorne Palmer

News

New SA Labour Laws: Easier Dismissals But Doubled Severance Pay

Mar 6, 2026

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6 min read

New SA Labour Laws: Easier Dismissals But Doubled Severance Pay

Cabinet just approved the biggest overhaul of South Africa's labour laws in years. Founders can now dismiss during probation with far less procedural risk, new businesses get a two-year pass on bargaining council agreements, and retrenchment pay doubles. Here's what matters, what it costs, and where it fits in the reform picture we've been tracking.

Elvorne Palmer
Madge Booth
Elvorne Palmer, +1

News

7 Farm Management Software Tools Built in South Africa to Help Farmers Work Smarter

Mar 3, 2026

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6 min read

7 Farm Management Software Tools Built in South Africa to Help Farmers Work Smarter

South Africa's 2023/24 summer grain harvest fell 23%. Food insecurity affects nearly 63.5% of households. And 2.4 million smallholder farmers still produce almost entirely for survival, not sale. These seven locally built farm management software tools are helping South African farmers fight back with better data, smarter operations and fewer losses.

Elvorne Palmer
Madge Booth
Elvorne Palmer, +1

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