TODAY’S BUSINESS OF TECHNOLOGY AND HOW IT’S AFFECTING TOMORROW’S TRADING

Published: 20 November 2019

Technology is fundamentally changing our relationship with money. Fact. What we do for entertainment, how we get from point A to point B and even the most mundane routines such as grocery shopping are exponentially changing, on a daily basis. We are also seeing substantial changes in our relationship with money, specifically in the way we manage our money.

Technology and innovation has advanced in leaps and bounds, to the point where it truly is hard to ignore. The impact that advanced technology has had on the business and finance world has quite literally turned it on its head. One of the key areas where we are seeing such change is in the investment and trading landscape. With revolutionary changes in the way people buy and sell assets on the financial market, as well as the way brokers conduct their business, technology has become intrinsically woven into the financial lives of most investors and traders. Investing is becoming available to everyone, meaning that anyone can trade and invest online because of the increased levels of transparency; with a click of a mouse people can get a clear and extremely in-depth view of what they are investing in. We are also seeing a definite trend towards managed funds and automated trading systems, as well as a shift towards global investing. No longer are people confined to the borders of their own country when it comes to their investment choices.

These technological advancements are fundamentally changing the way we are managing our money. Take for example access to the internet. The internet has without a doubt been one of the most disruptive technologies in history. This information highway has broken down all borders; now people can invest in international markets, and more importantly, international companies such as Amazon and Coca Cola. It has had a profound impact on our lives and has created a major paradigm shift. With a literal smorgasbord of information right at our fingertips, the way that information is consumed and in turn used, has seen investors entering the market today with a host of options that were virtually unheard of 15 years ago. They can compare companies and products and have access to information such as quarterly results; all information that traditional brokers would have had to advise them on historically.

Because of this, online trading has now also taken on a life force of its own. We have smartphones, web and desktop platforms, online stock screens, market research sites and so on and so on; with a few clicks of a mouse or a few taps on your smartphone you can open a trading account. Investors can now fully enjoy the benefits of technology and the impact it has on their decisions. Information truly is power, full stop.

While headlines have been dominated by the rise of crypto currencies, high frequency trading and Artificial Intelligence, these advancements are just a handful of the technologies changing the investment landscape. Those new to investing can take advantage of copycat trading. This is literally when the trades of more experienced and successful traders is copied, making it easier for those not as savvy to make investment choices by eliminating the need for any research. There are charting materials too which provide online signals to follow, and then also automated bot ware which offers automated software which people can use to trade.

Social media is an extremely powerful tool and is a literal treasure trove of data for technologically savvy investors. It plays a significant role in determining trading strategies and analysing trends and behaviours. Online connectivity and the ease at which potential investors from all corners of the globe can interact is allowing individual traders the opportunity to follow and get advice from investors who boast similar portfolios, all with a view to collaborative success. One does need to demonstrate a degree of caution though, because as the old adage goes, all that glitters is not always gold. There are a lot of online choices that promise the world and more with a few quick clicks, so investors need to make sure that they are doing their research before committing to anything that seems too good to be true. Read what other people are saying about companies or schemes, be responsible for your own trading decisions.

Central to the development of many financially based technologies has been the rise of algorithmic trading. Algorithms use programme rules to analyse key investment criteria such as volatility, timing and trading volume, giving investors the edge to execute quicker and with less bias than human operators. Going hand in hand with algorithm-driven financial planning are robo-advisors – a class of financial advisor that provides investment advice online with very little, or no, human intervention. Both of these technologies, while easy and convenient, really only work for as long as they work. For example, if an algorithm is so good, it will soon start to become so big that it will in itself affect the markets. At a certain point it will attract too many investors and its original reason for success will become null and void. In my opinion, technological advancements can continue to become more and more innovative, but at the end of the day, the human elements is what is critical when it comes to making any investment choice.

As technology makes investing that much more accessible to the average investor, tools have been developed to allow the smallest of investments to be made. These passive or low touch investments can bring in a tidy sum, if traders don’t over leverage. Investments can always go in either direction, but there are numerous traders making huge money from well thought out, realistic investment choices. You can make 100% back on your investment, you can make 1000% back, but it’s always pertinent to remember that the more potential profit there is to be made, the higher the risk is. As long as you stick to certain rules and keep your finger firmly on what you are doing, there is no reason that you shouldn’t have success.

As with everything, there is an upside and a downside. It is truly up to each one of us to make sure we are taking the good that technology is offering, in terms of investment tools, and not be blinded by the bad. We have the opportunity to extract reams of information that can influence our choices, the technology to support these choices. We should use this to move forward without falling into the trap of people who are making a quick buck on unscrupulous trades.

When you open live trading accounts with CM Trading, Africa's largest, award-winning local brokerage, you can freely enter the financial markets and seize numerous opportunities, all supported by progressive technologies. Enjoy advanced trading conditions, educational packages tailored to your individual needs and trading styles, as well as exceptional trading platforms. There are a range of options to suit every single trader’s needs; from those just entering the market, to those who are proficient in trading and investing.

The Africa Digital Entrepreneurship Event Live in Johannesburg

Published: 22 October 2019

The main challenge entrepreneurs are facing in Africa is not the lack of great ideas but the fear of turning ideas into reality. With unemployment in South Africa at an all time high, more and more people are trying to make their own way in the economy.The Africa Digital Entrepreneurship events are about turning dreams into action. The series of events aims to enable digital entrepreneurship and the upcoming ‘Bitcoin Nights’ meet-up in Johannesburg on Thursday, 24 October at The Business Exchange Morningside, 150 Rivonia Road is a must-attend event for anyone interested in the digital assets space.

Business networking is the fast track to success and event sponsors such as Zcoin and OVEX believe that entrepreneurship is the way forward for South Africans. Jonathan Ovadia, Co-Founder and CEO at OVEX, a company helping to create an open, trustless and more efficient financial system says “the vision is to break down the barriers that prevent people from entering the traditional financial system. We believe that wealth-creating investment opportunities shouldn’t only be accessible to the wealthy, but should be available to all.”

The event is facilitated by the United Africa Blockchain Association (UABA), a non-profit leading blockchain education and adoption in sub-Saharan Africa. With the help of sponsors, The Africa Digital Entrepreneurship Series’ goal is to provide relevant content on business and technology that helps people learn and grow professionally and personally.The meet-ups provide a conducive environment for networking and ideas exchange, and attendees can look forward to free drinks, giveaways and prizes. Other sponsors include Divi, which makes it possible for anyone to participate in securing blockchains through their one-click masternodes, challenging the notion that you need technical expertise to participate in the blockchain ecosystem. Centbee, a digital wallet company that believes in the power of people to create an abundant future and æternity, a new blockchain technology, designed to deliver efficiency, transparent governance and global scalability are also part of the sponsors who see huge potential in Africa and are actively championing the digital asset revolution.

The theme of the Johannesburg event focuses on the Digital Asset Economy and anyone interested in tech is welcome to attend FREE of charge and benefit from the networking opportunity and inspiring discussions. Speakers will include Adi Kaimowitz, President and CEO of Virtual Actuary, Maushami Chetty of Novate Legal; Mpho Dagada – Commisioner, 4th Industrial Revolution at the SA Presidency; and Yaliwe Soko, Chairperson at UABA.The event aims to inspire participants to increase their appetite for entrepreneurship and get more knowledgeable about the growing trend in digital assets. Africa is a market ready to adopt new technology but lack of emphasis on digital entrepreneurship opportunities in Africa might result in missed economic opportunities for the next generation.

“It’s important to encourage the youth to explore the option of entrepreneurship as a career path instead of waiting for employment opportunities which may never be available to them.Initiatives such as the Africa Digital Entrepreneurship Series focus on creating awareness and demystifying what it means to run a digital enterprise,” said Heath Muchena, Founder of Proudly Associated, a company working with companies developing blockchain-powered technologies that have use cases focusing on emerging economy development to gain adoption across the continent.Whether you’re a student, professional or fledgling entrepreneur, this event will provide valuable insights and an opportunity to learn, grow, network and be inspired all in one. The meet-up will be a relaxed, no-suits-or-ties sort of event so expect to learn and be entertained. 

"The Africa Digital Entrepreneurship Series connects up-and-coming entrepreneurs in all fields. It’s a fantastic way for those interested in tech and online businesses to build a solid support network,” said Grey Jabesi, host of the Grey Ave Podcast, Africa’s top rated podcast which focuses on survival skills for the 21st century.

By attending this FREE event, attendees will:

Learn about new frontiers in digital innovation

Find out how to leverage technology to broaden participation in the global digital economy

Boost digital asset knowledge including digital asset acquisition and management

Learn how to build a fully remote businessDiscover mentorship opportunities

Interact with other entrepreneurs and build business networks

Meet like-minded innovators and go-getters

Be empowered!

GET TICKETS HERE: https://www.eventbrite.com/e/africa-digital-entrepreneurship-series-tickets-77802321839

Event details: 

Admission: FREE (Limited space so make sure you get there early.)

Date: Thursday, 24 October, 2019

Location:  The Business Exchange, Block 4, 150 Rivonia Road, Morningside, Sandton, 2057 Johannesburg.

If you want to sponsor this event or for more information, contact:This email address is being protected from spambots. You need JavaScript enabled to view it. or This email address is being protected from spambots. You need JavaScript enabled to view it.

Greater demand for language models sees partnership between new technologies and the human touch

Published: 04 September 2019

Way With Words, a leading speech to text provider, is expanding its current range of services as demand for building language and dialect libraries rises for technology companies worldwide.  

Specialising in English-language dialects, the company has been approached by several large tech companies in industries including call centres, finance and telephony to help create and improve their English language speech to text models and, more recently, other local languages such as Afrikaans. The new libraries will help global organisations provide improved speech to text service support for their customers using their own technology.  

This brand-new custom service offers language modelling transcription solutions for technologies that use speech to text and require assistance to deliver accurate voice to text language processing. The service is also of value to companies looking to build specific repositories of languages, dialects or subjects for the purposes of speech to text products or services. 

Way With Words typically provides bespoke human transcription solutions worldwide, including audio and video transcribing and, more recently, a captioning service. 

With many big players entering the market with AI transcription and speech to text services, Way With Words has been praised by clients for its attention to detail and absolute accuracy, something that AI technologies in the field have so far failed to replicate.  

The company is making a significant investment in a new workflow platform that will provide an even faster and more precise transcription platform using human transcribers. With such an increased demand for language libraries and speech to text services from clients around the world, Way With Words is exploring other applications for its solution and researching new ways to combine technology and AI without losing accuracy or attention to detail. 

Adam Kossowski, Chief Executive Officer at Way With Words says, “Right now many specialist technologies are looking to address the accuracy of their speech to text functionality for specific industries or use cases. At Way With Words, we are realigning our business to adopt a solution that we feel provides a new space for people to continue to work with these technologies to ensure the best of both worlds for years to come.” 

To find out more about Way With Words, visit https://waywithwords.net

About
Way With Words provides 99%+ accurate transcription for audio or video. Rated as one of the best transcription companies globally, Way With Words ensures that all clients receive quality transcription produced by transcribers who are selected, vetted and thoroughly trained in line with the Company’s strict criteria. Way With Words also offers custom transcription solutions to meet any bespoke needs, from a brief interview session to ongoing B2B transcribing of thousands of hours.

rAge 2019 - ramped up with a new look and feel and more game than ever before!

Published: 17 July 2019

rAge has secured its spot as one of the most mind-blowing events to take place in Joburg each year. 2018 saw over 34 000 gamers and geeks swarm the TicketPro Dome, and this year visitors will once again cross the threshold to a three-day thrill-fest to get lost in the fantasy-inspired whirlwind of gaming, cosplay, geek culture, tech and gaming merch that is Planet rAge.  

rAge 2019 has been ramped up another level with a brand-new look and feel, with the introduction of an awesome new logo, that rings in a new era of incredible for the event.  

"The industry we're in is always updating things, pushing boundaries and doing something new. We've had the same look and feel for the rAge logo since we started out in 2003, so it was long overdue for a refresh!" Michael James, Senior Project Manager. 

Tickets for the expo are on sale now and tickets to the NAG LAN, Southern Africa’s largest BYOC (Bring Your Own Computer/Console) LAN, will be on sale from 27 July via the rAge website, so keep your eyes peeled because they move like lightning.

The annual rAge expo, now in its 17th year, offers visitors a full weekend of gaming, technology, gadgets and geek lifestyle entertainment. Fantasy fanatics can literally immerse themselves in the culture, explore, touch and try out the latest gaming goods available, and escape reality completely. 

New games to play, the latest gaming hardware to try out, esports play and spectating, locally developed games, show specials, competitions and giveaways – the weekend is going to be so jam-packed with things to do, play and see. Seriously, it’s going to blow your mind. 

Check out www.rageexpo.co.za and come along to Planet rAge – You don’t want to miss this!

 #rAgeExpo2019 #comeandplay #17yearsofawesome #agalaxyofgeek 

EVENT DETAILS:

When is rAge?

Friday 27 September – 10h00-18h00Saturday 28 September – 09h00-18h00Sunday 29 September – 09h00-16h00 

Where is rAge?

The TicketPro Dome, Johannesburg 

How do I buy tickets to rAge 2019?

Online here or at Ticketpro outlets

Day Pass – R160 per person (ticket valid for entry for one day only)

Weekend Pass – R320 per person (ticket valid for entry for all three days)

Children under 6 are free

The following tickets are only available to purchase at the door:

Family Pass – R540 per family (ticket valid for one day for 2 adults + 2 children aged between 6 & 18)

Student Pass – R110 per person (ticket valid for Friday only upon presentation of valid student card) 

How do I stay connected?

To stay up to date with all the rAge announcements and additional info, follow us on Facebook, Twitter or Instagram or go to www.rageexpo.co.za. 

WeSit Celebrates Their 1000th Babysitter

Published: 17 June 2019

Cape Town, South Africa: Today WeSit, an online babysitting company connecting parents to professionally vetted babysitters, announced that they have signed up 1000 babysitters to service parents in Cape Town, Johannesburg and Pretoria.

The company is growing at breakneck pace, having only begun operations in March of this year. Of the rapid growth in operations, WeSit CEO and cofounder Nqobile Msibi said “Reaching 1000 babysitters is a noteworthy milestone and we think the market for our service is only really starting to take shape.

Everyone on the team is excited about it and we’re happy to finally be able to service multiple cities. Personally vetting each and every applicant to our platform is how I know we’re delivering the highest quality of service to busy parents.”

About WeSit: WeSit is an online on-demand babysitting startup based in Cape Town, South Africa. Operating since March of 2019 and now available in Cape Town, Johannesburg and Pretoria.

Engen upskills teachers to prepare Youth for 4th Industrial Revolution

Published: 14 June 2019

Engen, in partnership with One-on-One Community Based Programme, recently ran a four-month training course for mathematics and physical science teachers from Mogwase district in the North West province aimed at preparing them for our rapidly evolving technological world.

Drawn from 20 participating schools, the teachers attended weekly training sessions at JM Ntsime High School from 18 January until 24 May 2019. Engen’s Corporate Social Investment Manager, Adhila Hamdulay says it has become essential to bridge the gap between theory and practical application as technology increasingly plays a crucial role in our everyday lives.

“This gap can be overcome by upskilling our teachers and providing them with easy access to the equipment, tools and skills that they require to introduce creative problem solving methods for maths and science.” The weekly sessions focused on providing the teachers with training in the latest technological advancements in Artificial Intelligence (AI) and Robotics.

They were also taught how to apply creative and innovative thinking in order to navigate the future of teaching and learning. “The idea is to ensure that this knowledge is then passed onto learners. My Lab Kits for example provide physical science teachers with interactive and practical teaching skills,” adds Hamdulay. “The aim is to get learners into the science lab as we believe this hands-on-approach provides them with the opportunity to practically engage with technology and exposes them to cutting edge technological advancements.” The training course forms part of the Engen Maths & Science School (EMSS) programme.

EMSS is a national initiative that addresses key skills shortages in the engineering and technical fields by providing supplementary maths, science and English classes to learners from grades 10-12 at nine centres across South Africa. “Engen is committed to building tomorrow’s leaders and if we want to ensure that the youth of tomorrow are prepared for a rapidly changing world, we need to ensure that they have the right mix of skills, to reach their full potential,” says Hamdulay.

BigFive Selects Cape Town, Tech Hub of Africa, as Host for Inaugural Summit

Published: 30 April 2019

South Africa’s Mother City will host a first-of-its-kind Summit from 13 – 15 May 2019 where pioneers in the provision of digital media and marketing technology solutions to the region’s SMEs will meet for three days of knowledge-sharing, networking and dynamic debate.  

As Africa’s biggest and fastest-growing technology hub, it is no surprise that BigFive Digital chose the city of Cape Town as host for its inaugural Summit. This event is a first for the continent for companies building digital marketing, commerce, and back-office solutions for small businesses across Africa and the Middle East (AME).  

According to the 2018 Endeavor Insight Report, released in conjunction with the Cape Innovation and Technology Initiative (CiTi), Wesgro and the Allan Gray Orbis Foundation, Cape Town employs over 40,000 people within the sector - twice as many as Johannesburg. Other major tech hubs in Africa such as Lagos and Nairobi employ 9,000 and 7,000 people respectively, according to CiTi. Cape Town’s unique blend of unrivalled scenic beauty, urban style and global culture has made it a melting pot of creativity and innovation for digital and tech professionals.  

“The choice of Cape Town as location for the inaugural BigFive Summit, where digital solutions for African companies are showcased, is testament to the fact that Cape Town is not only emerging as Africa’s tech hub, but also a hub for thought leadership in tech-enabled approaches to doing business,” says Tim Harris, CEO of Wesgro. “This event also shows increasing global recognition for Cape Town as an internationally competitive tech and innovation hub. The Cape region's strength lies in a combination of factors including access to sound infrastructure and a skilled and energetic workforce, proximity to four top universities and two globally recognized business schools, a favourable lifestyle, and a local and provincial government supportive of entrepreneurship and innovation.”

Hosted by BigFive Digital, one of the foremost thought-leadership enterprises connecting AME media and tech companies to SMEs, BigFive Summit will assemble a compelling mix of media, tech and digital stakeholders, influential thought-leaders, and disruptive start-ups in Cape Town to address the five key elements fuelling the rise and growth of the AME digital ecosystem – Search, Social, Mobile, Location, and Payments.

“As Africa’s leading technology hub, it is indeed our honour to host the BigFive Summit in Cape Town”, says Alderman James Vos, Mayoral Committee Member for Economic Opportunities and Asset Management. “As a forward-thinking city we look forward to continuing to enable the Tech sector and partnering with endeavours arising from this Summit”.

The Summit is set to feature headline talks and workshops that will challenge thinking, stimulate ideas and offer practical advice for those with the common goal of bringing to market digital solutions for SMEs throughout Africa and the Middle East.

Speakers include Katlego Maphai, Co-Founder and CEO of Yoco; Louw Barnardt, Co-Founder and MD of Outsourced CFO; Gustav Praekelt, Founder and CEO of South African Praekelt Group; Sarah Utermark, Country Director, Mobile Marketing Association South Africa; and Nick Grubb, Chief Executive: Radio at Kagiso Media.

The inspiring speaker list also features the world leaders in Search and Social marketing, Google and Facebook respectively, plus Thabo Seopa and Paul Plant, two of the Co-Founders of BigFive Digital, together with many other industry luminaries.

Details of the Event: BigFive Summit 2019

The Summit will take place from 13 - 15 May 2019 at Workshop 17 at the prestigious V&A Waterfront in Cape Town. With two cocktail receptions, plus a networking dinner all included in the package, delegates will have an opportunity to engage with like-minded companies eager to promote and sustain the local commerce landscape.To register as a delegate, join our list of speakers or learn about sponsorship opportunities, visit: www.bigfivedigital.org/summit.

ENDSExecutive Survey – Receive a Discount Code to attend BigFive Summit

BigFive Summit is currently running an Executive Survey to gauge how leaders inside companies who serve or sell to SMEs view the digital opportunity. The full findings of the survey will be presented at BigFive Summit. Anyone working in this space is encouraged to participate in the survey. The more responses we receive, the better. All contributors to the survey will receive a discount code on tickets to the event. Take the survey here: http://bit.ly/ExecutiveSurvey

For more information about BigFive Summit or this press release, please contact:

Mika Stanvliet | This email address is being protected from spambots. You need JavaScript enabled to view it. | 081 534 6237

About BigFive Digital: BigFive Digital was created to support digital media and technology solutions providers serving local SMEs throughout Africa & The Middle East. BigFive Digital has been co-founded by four highly respected global media and digital commerce executives: Thabo Seopa, Paul Plant, Charles Laughlin, and Oscar Sousa Marques. Collectively, they have spent more than a century experiencing digital transformation, witnessing first-hand the impacts of disruptive innovations in local marketing and commerce in various countries all over the world.  For more information about BigFive Digital, visit: https://bigfivedigital.org/

About BigFive Summit:Hosted by BigFive Digital, BigFive Summit is a knowledge-sharing and networking event for companies that provide digital marketing and technology solutions to local businesses across Africa & The Middle East. The Summit is built around the five pillars that support local commerce, namely: Search, Social, Mobile, Location and Payments. It is these five sectors that are fuelling the rapid rise and growth of digital and technology adoption across the region. Any company with a vested interest in this exciting ecosystem is invited to join us in Cape Town, from 13 - 15 May 2019.For more information about the Summit, please visit: https://bigfivedigital.org/summit/ https://www.smesouthafrica.co.za/cape-town-is-home-to-africas-most-productive-tech-sector/

DoshEx rolls out Pundi X technology to enable crypto adoption in South Africa

Published: 04 April 2019

DoshEx, the South African Digital Asset Exchange, and global blockchain-based payment pioneer Pundi X, today (4 April) announced a strategic partnership to bring cryptocurrency  to high street retailers and local consumers. In a first for South Africa’s retail market, XPOS, the Pundi X blockchain-based point-of-sale devices and XPASS cards for cryptocurrency transactions are to be deployed at selected sites across South Africa in a co-branded roll-out with DoshEx. Blockchain-driven point-of-sale technology enables merchants to digitize their payment infrastructure on the blockchain while consumers transact in cryptocurrency in a fast, efficient and convenient manner. Blockchain – a tamper-proof, cryptography-based technology – establishes trust of the transactions among various parties. Cryptocurrency transaction within the Pundi X payment ecosystem is a hassle-free method that promotes financial inclusion as XPASS-holders will have their own financial history of the transactions on XPASS card and the associated XWallet app without the necessity for having a bank account. Rapid acceptance is envisaged as the process resembles credit-card transacting with which consumers are familiar. To enable crypto transacting, the XPASS is simply tapped on an XPOS device.

Zac Cheah, CEO and Co-founder of Pundi X Labs, commented: “XPOS is the easy, affordable access point into crypto for mainstream retailers and consumers. “Many big businesses already access the crypto benefits of trusted record-keeping transactions. Now, an XPASS card loaded with crypto enables ordinary people to embrace the crypto-future, including millions of unbanked South Africans. “Our partnership with DoshEx enables us to tap into the early-adopter market at pace as this Bryanston-based innovator has a proven track-record as a digital exchange and developer of blockchain-based solutions for leading corporates, including the South African arm of Virgin Money.” DoshEX CEO Alex de Bruyn noted: “It was essential to roll out trusted and proven technology as our objective is to rapidly build South Africa’s first point-of-sale cryptocurrency network. This is why we partnered with Pundi X. “This global technology player has deployed payment ecosystems in numerous markets, including developing economies such as Argentina, Brazil, Colombia, and Nigeria.. Its international representation stretches from London to Jakarta to Tokyo. Pundi X therefore has the resources to support a rapidly growing network in line with our vision of demystifying crypto and turning it into a generally accepted payment option.

“We believe XPOS will rapidly become your crypto ATM and transaction-enabler at your local coffee shop or high street store.” Adoption is easy. Participating merchants install XPOS technology on the counter and provide the XPASS cards, activated for a once-off fee. Cryptocurrency is preloaded by the vendor. Users then transact on XPASS. Alternatively, users can buy XPASS online from DoshEX at www.doshex.comand load crypto online. The XPOS strategy calls for phased roll-out of XPASS cards and devices, with 5000 cards available for the first wave of early adopters.  The partners will announce details of the deployment footprint as the technology becomes available in different geographic areas. De Bruyn added: “The ability to readily transact in crypto is a vital step in digital currency development. Soon it will be the norm for the public to buy, hold and sell crypto. Borderless transactions and transfers will be easy, without the high costs traditionally associated with these activities. “In the crypto-future consumers will transact in their crypto currency of choice, perhaps linked to dollars or euro. Crypto’s future is bright and Pundi X has provided the first light switch.” 

-- ENDS --

About DoshEx: DoshEx is a South African company pioneering the local development of crypto-tokens. Related DoshEx products and services include tokenised solutions for corporates and SOEs, safekeeping of funds and the design and deployment of blockchains. This digital exchange is the brainchild of a group of entrepreneurs with a background in payments and crypto-currencies. Among the innovators is Alex de Bruyn, who is young, articulate and passionate about the tokenised future. He is also DoshEx’s media spokesman. Website:  www.doshex.com Contact: Alex De BruynTel: +27 11 468-5236 

About Pundi X: Pundi X is a leading developer of blockchain-powered devices, including the world’s first point-of-sales (POS) solution enabling merchants and consumers to do transactions on the blockchain in physical stores.  Pundi X is also the developer of the first, fully-functional blockchain phone, the XPhone.  Its POS device, the XPOS, has been shipped to over 25 countries including Argentina, Australia, Colombia, Korea, Switzerland, Taiwan and the USA; 100,000 devices are being targeted for rollout to the global retail market by 2021.  The company is headquartered in Singapore. Its international presence includes offices in Jakarta, São Paulo, Seoul, Shenzhen, Taipei, and Tokyo.  Listed as one of the top 50 innovative fintech startups in 2018 by KPMG and H2 ventures, the company is also a member of Singapore Fintech Association, Fintech Association of Hong Kong, ACCESS, Swiss Finance and the Fintech Association.  It is also a founding member of Asosiasi Blockchain Indonesia. For more information, please visit https://www.pundix.com

RubiBlue digitises member management with easiClique platform

Published: 13 February 2019

RubiBlue, intelligent business solutions provider, has developed a digital solution that transforms membership management for organisations. easiClique is a customisable software platform that allows companies across multiple industries to effectively control all aspects of membership from communications to reporting to invoicing to notifications, and more. It simplifies how organisations, NGOs and government bodies build, maintain and access their members.

“easiClique provides comprehensive reporting, annual comparisons, mass communications, efficient and secure membership fee management, and a clear audit trail,” says Chris Ogden, MD, RubiBlue. “Organisations across multiple industries – sports and professional associations, societies, alumni, political parties and unions – can tailor the application to allow for greater control of members and their data.”

The easiClique platform includes numerous features that can be used to effectively engage with existing and potential members of an organisation such as online applications, personalised member communications, automated notifications and easy payment options. It’s capable of generating comprehensive reports on member data, annual analytics and revenue while also easing the management of financial transactions with automated bulk invoicing.

It is flexible and can be customised to suit industry and brand.  In addition to features that are specifically designed to enhance member engagement and management, easiClique has built-in security features to mitigate the risk of fraud. It audits all transactions and it allows for consumers a variety of payment options - all retail stores, debit orders, and card and cash payments.

The solution assures organisations and members of increased transparency into membership administration.

To find out more about easiClique and how it can transform member management for your business visit www.rubiblue.com, call +27 (0) 861 48 48 99, or email This email address is being protected from spambots. You need JavaScript enabled to view it..  

Two SA Entrepreneurs Selected for Africa Prize for Engineering Innovation

Published: 03 December 2018

The Cape Innovation and Technology Initiative and the Royal Academy of Engineering once again work together on the Africa Prize for Engineering Innovation 2018. Two South African companies are amongst the final 16 shortlisted candidates.

Monday 3 December 2018, Cape Town – Pelebox Smart Lockers and the Hybrid Five-Axis Machine Tool are the two South African innovations that are on the shortlist for the Royal Academy for Engineering’s Africa Prize for Engineering Innovation, accelerated by the Cape Innovation and Technology Initiative (CiTi).

CiTi is Africa’s oldest tech incubator, in its 20th year in 2019, and the Royal Academy of Engineering is the United Kingdom’s prestigious national academy for engineering and technology since 1976. Since 2017, the Royal Academy of Engineering has worked with CiTi to support engineering and tech entrepreneurs from across the continent in developing their unique scalable solutions to local challenges. After a highly successful first cohort together, the Royal Academy of Engineering once again selected CiTi as the primary programme incubation partner to support the 16 businesses from the following 6 African countries in 2018/19: Nigeria, Zambia, Kenya, Uganda, Burkina Faso and South Africa.

The programme, designed by CiTi specifically for the Royal Academy of Engineering, uses a remote incubation model, delivering entrepreneurial training, coaching and mentorship over the 7-month programme period; coupled with three residency weeks which include workshops, networking events and local entrepreneurial engagement sessions. The first residency week took place in Cape Town at the Bandwidth Barn in early November, and the following two will take place in London and Kampala. The entrepreneurs also stand a chance to receive £25,000 (R450,000) at the end of the programme, and all will have direct access to both the Academy and CiTi’s vast network of engineers, tech professionals, businesses and industry leaders.

“We have found a dynamic synergy with the Royal Academy of Engineering, especially around our shared impact values,” states Ian Merrington, CEO of the Cape Innovation and Technology Initiative (CiTi), “Making a difference and improving lives through technology by accelerating African innovation and African entrepreneurs is an objective shared by both organisations. CiTi has relished the opportunity to design a pan-African incubation programme. We now find ourselves strongly positioned as an African partner to international organisations who want to deliver high-impact support for entrepreneurship on the continent through hybrid models of training and mentorship.”

On why the Royal Academy of Engineering selected Cape Town-based CiTi as its incubation partner, Meredith Ettridge, Senior Manager for International Development at RAE, states: “Earlier this year we undertook a competitive tender process with a number of strong applications, following careful review we were very pleased to appoint CiTi as the training provider for the 2019 Africa Prize for Engineering Innovation, building on the success of the previous year. We were particularly pleased to award the contract to a training provider based in sub-Saharan Africa, and with such a strong history of support for entrepreneurs nationally and regionally.”

With Cape Town recently being named the leading Tech Hub of Africa, it should come as no surprise that two of the companies hail from SA.

“CiTi has a strong network of trainers and mentors in Cape Town so it was an easy decision to hold the first training session here. Cape Town also has a thriving technology ecosystem which was evident during the myriad of events happening as part of Global Entrepreneurship Week which allowed our shortlist to make excellent new connections,” adds Meredith Ettridge.

The Hybrid Five-Axis Machine Tool is the first of the South African innovations on the shortlist, developed by Dr Lukas du Plessis. Du Plessis’s hybrid machine tool works on five axes to allow users to shape, cut, grind, shear and otherwise form metals and hard materials with more precision.

“There’s so much manufacturing in South Africa that could be greatly improved if small and medium-sized businesses could afford machining tools like this – and my hope is to change that,” states Dr Lukas du Plessis, founder of the Hybrid Five-Axis Machine Tool.

He continues: “What I hope to gain from this experience is twofold: (i) A fundamental understanding of entrepreneurial business so that I can support entrepreneurs in South Africa to establish compact manufacturing firms that are competitive internationally. (ii) I also hope to find a partner who shares my manufacturing vision and passion for machine tools.”

The second South African innovation is the Pelebox Smart Locker system developed by Neo Hutiri.

Pelebox is a smart locker system designed for public healthcare facilities to dispense chronic medicine to regular patients, cutting down on long queues and easing pressure on clinic resources.

Developed by Hutiri and his team for the South African healthcare system, the Pelebox is a simple wall of lockers, controlled by a digital system in the centre. Healthcare workers stock the lockers with chronic prescription refills, log the medicine on the system, and secure each locker. Pelebox then sends patients a one-time PIN, which they simply enter into the system to unlock their medicine.

“The public healthcare system is so often under strain, and Pelebox can take a lot of pressure off clinics who fill repeat prescriptions for regular patients,” comments Neo Hutiri, founder of Pelebox Smart Lockers.

He adds: “To be considered amongst thousands of innovators and entrepreneurs that would have applied for this prize is a testament to the work that we are doing on the ground in leveraging technology to serve people. Our vision is to create and promote inclusive technologies solving challenging issues in health. We feel that we are well positioned to solve the issue of long queues in clinics through technology that is patient-centric and easy to use.”