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News

+1

Still Good Opens The Goods: A Short-Dated Marketplace to Clear Distressed Stock & Help Retailers Move Problem Goods

Mar 12, 2026

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4 min read

Still Good Opens The Goods: A Short-Dated Marketplace to Clear Distressed Stock & Help Retailers Move Problem Goods

The Cape Town-based scale-up Still Good has launched an online clearinghouse for distressed and short-dated stock directly from manufacturers. By shifting from retail mystery bags to a transparent marketplace model, the company aims to intercept a portion of the 10 million tonnes of food wasted annually in South Africa before it ever reaches a supermarket shelf.

Madge Booth
Madge Booth

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

+1

Yazi Raises First Institutional Round at R30M Valuation With 80% of Its Leads Coming From AI Search

Mar 11, 2026

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5 min read

Yazi Raises First Institutional Round at R30M Valuation With 80% of Its Leads Coming From AI Search

South African WhatsApp research platform Yazi has closed its first institutional funding round at a R30 million ($1.6M) pre-money valuation, led by 3 Capital Ventures, the early-stage fund spun out of Allan Gray. Revenue grew 2.5x last year, 65% of it is now foreign-denominated, and the client list includes Old Mutual, Discovery, Capitec, Pick n Pay, and Ipsos. But the detail that should make every founder pay attention: 80% of inbound leads now come through AI search, with ChatGPT and Gemini recommending Yazi to people looking for WhatsApp research tools.

Madge Booth
Madge Booth

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

Capitec Pulse: The AI Tool That Knows Why You're Calling Before You Say a Word

Mar 10, 2026

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5 min read

Capitec Pulse: The AI Tool That Knows Why You're Calling Before You Say a Word

Capitec has launched an AI system called Pulse that analyses your payment data, app diagnostics, and risk signals in real time to tell the call centre agent what's wrong before you explain it. In a three-month pilot, it cut call handling times by 18% and lifted net agent efficiency by 26%. The bank claims it's a world first, though that claim deserves some scrutiny.

Madge Booth
Madge Booth

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

Fintura Closes Pre-Seed Round to Build an All-in-One AI Platform for SA Accountants

Mar 9, 2026

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5 min read

Fintura Closes Pre-Seed Round to Build an All-in-One AI Platform for SA Accountants

The Startup World Cup winner that went to Silicon Valley has now closed its pre-seed round, backed by former Kalon Venture Partners CEO Clive Butkow, Ridwaan Boda, and Jozi Angels. Fintura is building a single platform to replace the four to six disconnected tools most SA accounting firms use daily. The round size wasn't disclosed, but the investor names tell you the smart money thinks this vertical is real.

Madge Booth
Madge Booth

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

+1

Hlayisani Capital Raises R500 Million for Fund II: And the Backers Really Matter

Mar 4, 2026

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5 min read

Hlayisani Capital Raises R500 Million for Fund II: And the Backers Really Matter

One of South Africa's oldest venture capital firms has secured R500 million in first-close commitments for its second venture fund, backed by the Public Investment Corporation and the SA SME Fund. For a firm that traces its roots to some of the earliest angel investing on the continent, the real story isn't the fund size. It's who's writing the cheques and what that signals about institutional confidence in SA VC.

Madge Booth
Renier Kriel
Madge Booth, +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

News

South Africa Has 2.4 Million Small-Scale Farmers, But Only 12% Sell Anything

Mar 3, 2026

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5 min read

South Africa Has 2.4 Million Small-Scale Farmers, But Only 12% Sell Anything

The 2022 Census of Agricultural Households counted roughly 2.4 million small-scale Farmers in South Africa, outnumbering about 40’000 commercial and just 2’600 large-scale operations almost 60 to 1. Yet they don’t reach formal markets.

Madge Booth
Madge Booth

News

SA Small Business Reform: 5+ Wins the 2026 Budget Delivers for SMEs

Feb 26, 2026

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6 min read

SA Small Business Reform: 5+ Wins the 2026 Budget Delivers for SMEs

Finance Minister Enoch Godongwana raised the VAT registration threshold from R1 million to R2.3 million, a change that hasn't happened in 17 years. It's one of several South African business reform moves in the 2026 budget that directly address what we called for in our recent letter to the president. Here's what landed, what didn't, and whether it's enough.

Elvorne Palmer
Renier 📨 The Open Letter
Elvorne Palmer, +1

News

Plato Coffee Expansion: From a Gauteng Container to London and Beyond

Feb 25, 2026

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5 min read

Plato Coffee Expansion: From a Gauteng Container to London and Beyond

Five years ago, Plato Coffee was a single-container shop next to a cemetery in Irene. Today it has 100+ locations across South Africa, a first international store in Zimbabwe, and is now in discussions to open in the UK, the Netherlands, the UAE and the USA. It is the latest in a growing list of SA brands building for export, and the ambition is as exciting as the challenges are real.

Elvorne Palmer
Elvorne Palmer

News

South Africa VC: How Consistent Deal Flow Helped SA Reclaim the Top Spot in African Funding

Feb 25, 2026

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5 min read

South Africa VC: How Consistent Deal Flow Helped SA Reclaim the Top Spot in African Funding

According to Partech's 2025 Africa Tech VC Report, South Africa led the continent in both equity funding ($643M) and deal count (85 rounds) for the first time since 2017. The standout detail: only one megadeal, accounting for just 15% of the total. This was a win built on breadth, not outliers.

Madge Booth
Madge Booth

News

+1

Sanlam's First VC Bet: Is HAVAIC Fund 3 a Tipping Point for SA Tech?

Feb 24, 2026

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4 min read

Sanlam's First VC Bet: Is HAVAIC Fund 3 a Tipping Point for SA Tech?

HAVAIC Fund 3 has crossed $30 (R481) million with backing from Sanlam Multi-Manager and Allan Gray's E Squared. The fund's close matters less than what it signals: institutional South African capital is entering local tech VC for the first time. Here's what the portfolio reveals and what questions remain.

Madge Booth
Madge Booth

News

+1

What Is Takealot Building on WhatsApp?

Feb 23, 2026

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4 min read

What Is Takealot Building on WhatsApp?

SA’s biggest online retailer seems to be building something new on WhatsApp. There’s no press release or announcements yet, just an opt-in screen shared on LinkedIn by a local founder who knows their way around WhatsApp. Here's what we know, what we don't and why it matters.

Elvorne Palmer
Madge Booth
Elvorne Palmer, +1

News

+1

Jem Launches WhatsApp Time and Attendance System for South African Workforces

Feb 20, 2026

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3 min read

Jem Launches WhatsApp Time and Attendance System for South African Workforces

The new WhatsApp-based employee clock-in system removes hardware and app barriers for attendance management

Madge Booth
Madge Booth

News

+1

Araxi Acquires Pay@ in R1 Billion Fintech Deal

Feb 20, 2026

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3 min read

Araxi Acquires Pay@ in R1 Billion Fintech Deal

The R1 billion transaction marks one of the largest recent fintech acquisitions in South Africa

News

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Africa AI Adoption Is Rising & South Africa Is Leading The Charge

Feb 18, 2026

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3 min read

Africa AI Adoption Is Rising & South Africa Is Leading The Charge

Microsoft’s latest data shows South Africa leading AI adoption across Africa’s emerging tech markets

News

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Strove Lite Launches on WhatsApp to Simplify Workplace Wellbeing

Feb 18, 2026

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3 min read

Strove Lite Launches on WhatsApp to Simplify Workplace Wellbeing

The South African healthtech platform is bringing AI-driven wellbeing directly into WhatsApp

News

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What’s Happening to Mining in South Africa? New Data Shows a Sector Under Pressure

Feb 18, 2026

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4 min read

What’s Happening to Mining in South Africa? New Data Shows a Sector Under Pressure

From falling exploration to shrinking GDP share, here’s why the world’s once-top gold exporter is losing ground so fast

News

Which Tourists Spend The Most In South Africa? New Data Reveals Who Businesses Should Target

Feb 18, 2026

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3 min read

Which Tourists Spend The Most In South Africa? New Data Reveals Who Businesses Should Target

Seasonal spending data from 200k real Yoco vendors reveals which international visitors drive the highest transaction values

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