Lulalend, South Africa’s first online automated provider of short-term funding for small and medium enterprises (SMEs), announced its Series A financing of $6.5 million. The round was co-led by IFC and Quona Capital, a leading fintech firm whose funds are sponsored by Accion, with participation from existing investors Accion Venture Lab and Newid Capital. After the announcement, Heavy Chef spoke to Johan Bosini of Quona Capital: “We feel that this is an important investment for the South African ecosystem.
The Karri collection app has grown substantially over the last year. On the back of its success, it is expanding its offering to include collections for just about any purpose or organisation that wants to collect from its members. Click on to read more about the app and Fred Roed’s interview with the founder of Karri, Doug Hoernle.
On June 9th Heavy Chef organized its very first event outside the city centre and had the privilege of welcoming this remarkable man to hear the story of his rise to fame and his thoughts on entrepreneurship, resilience and courage in face of adversity . The event took place in Cape Town’s largest township at the Bandwidth Barn, Lookout Hill venue in Khayelitsha.
Marlon Parker is a true African entrepreneur phenomenon. Together with his wife, he started a very special project in the underserved area of Langa, outside of Cape Town, in the Western Cape of South Africa. "RLabs is in the business of hope," according to Parker. Since its inception, the project has reached over 9m people and operates in 23 countries. In this episode of Heavy Chef Raw, anchor Caley van der Kolk finds out the secret recipe that Marlon has been wielding in creating such a remarkable and impactive South African success story.
Sam Beckbessinger used to bury her head in the sand hoping her finances would just work out by themselves. She had also hoped for someone to demystify the subject and explain plainly how to manage money. Now she wrote that book she wish she had had in her 20s: a how-to book on managing your finances entitled How to Manage Your Money Like a Fucking Grownup (Jonathan Ball, February 2018). Fred Roed caught up with Sam recently to learn more about the Sam and the book.
Dominique Collett, Head of AlphaCode, shares her views on the changing insurance market, in particular on insurtech, one of the hottest trends right now in South African fintech. The insurance industry is adopting a more proactive approach toward innovation and technological advancements, read on to find out how South Africa is tracking this trend.
In anticipation of the May 3rd event, Heavy Chef founder Fred Roed caught up with We Think Code_ co-founder and MD Arlene Mulder to ask her about the coding education in South Africa. This is just a glimpse of what we will learn from this brilliant businesswoman about building a tech business in South Africa.
There’s a serious collective of youthful smarts on our continent, all waiting to take advantage of the digital age. Arlene Mulder has a keen eye on these youthful disrupters. We Think Code_, the social entrepreneur venture she created with Camille Agon allows thousands of Africans to learn how to code. Heavy Chef is hosting Arlene on May 3rd to reveal the coding revolution that is happening in South Africa, and Africa.
Heavy Chef's very own Video Anchor, Caley van der Kolk, continues with her very meta series of articles documenting her lessons as she creates Heavy Chef's online video channel, entitled Raw. This follows her first article, last month, where Caley outlines the preparation required in starting a vlog - and the second article focusing on the equipment you'll need to vlog. Now, Caley turns her lens (geddit?) on syndicating your vlog and how to gain followers.
Danilo Acquisto is the CEO of Special Effects Media South Africa, the only official YouTube partner in the country. He started his media career when he became one of the three inaugural winners of SABC’s Presenter Search. Today, he’s a presenter on Afternoon Express on SABC3 with Jeannie D and Bonnie Mbuli. Fred Roed managed to catch up with Danilo in between appointments in this young dynamo's crazy-busy schedule to find out more about the Online Video Revolution.
Heavy Chef CEO, Fred Roed talks to Joffy Senekal, the entrepreneur behind 1 For The Road. Joffy spent over 20 years in the liquor industry working with the world's best-known brands, He then took a decision in 2010 to leave it all behind to start 1 For The Road, a project close to his heart after having spent decades at networking events where alcohol was on tap and available in abundance to everyone in attendance.
Heavy Chef spoke to Abongile Salli, an art entrepreneur who aims to uplift the township creative community by identifying latent artistic talent and finding a home for their work in African hotels and restaurants. Abongile Salli is 24yrs old, born and bred in Cape Town and complimented his grade 12 in Thandokhulu High School by graduating from Cape Peninsula University of Technology, majoring in Sport Management. Abongile has faced down significant hardship to get his business off the ground - and he shares the lessons that he has learned along the way.
In Part 1 of this series, we gave you some things to consider before you start your online business store. In Part 2, it’s time to get down to the nitty gritty of actually setting up your store. Believe it or not, setting it up is actually the quick part. Just thank your lucky stars it’s 2018 and the tools are at your fingertips.
Ecommerce in South Africa has reached the 1% mark of total retail spend in the country. That may seem small, but it’s actually a huge deal. Ecommerce and starting an online business is growing at a rapid rate in South Africa so naturally, everyone wants a piece of the ecommerce pie. Together with our long term supporter, payments company Payfast, Heavy Chef presents a three part series on online business in South Africa. Ecommerce is no longer a fledgling niche within the business sector on the African continent. It is the domain of big businesses and small startups alike.
Our venerable CEO is someone who knows a thing or two about digital economy. Fred Roed is the CEO of Heavy Chef and Co-founder of iconic South African digital transformation agency WWC. He is the recipient of “Biggest Contributor To The Digital Industry” award by the IAB. Fast Company named Roed as one of the top 100 most creative people in business. In October 2017, he gave a funny, thought-provoking presentation on the single lesson we can take into the next Industrial Revolution... by looking back in history at particular lessons and stories from the first industrial revolutions.
On Thursday 14th December, entrepreneur community platform ‘Heavy Chef’ and Huawei Mate10 Pro revealed SA’s top 5 most exciting startups as nominated by industry peers. The keynote speaker on the evening was Silicon Valley’s ‘Unicorn Whisperer’ Zach Coelius, who also led a business Masterclass earlier in the day.