myGamma mobile social networking

Naspers moves into mobile networking

BuzzCity, a developer of global mobile communities and consumer services, has secured US$10-million (about R78-million) in growth capital to help extend the market share of its core property, myGamma.com, from South African media giant Naspers.

IDC's R1bn boost for entrepreneurs

The Industrial Development Corporation has launched a R1-billion Transformation and Entrepreneurship Scheme, comprising five funds and a business support grant, to serve the financing and entrepreneurial needs of South Africa's marginalised groups.

Free, expert, hands-on help for SMEs

A Dutch organisation called PUM Netherlands Senior Experts is offering to help small and medium enterprises in South Africa, by providing the free services of retired managers willing to transfer their knowledge and experience to local entrepreneurs.

SA's first aerospace supplier park

Work has begun on South Africa's first aerospace supplier park. Centurion Aerospace Village will place smaller companies in close proximity to large suppliers like Denel and Aerosud, helping to increase their participation in the high value sector.

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