New York’s R & Company and Southern Guild collaborate to present Heart of Lightness, a solo exhibition by South African designer Porky Hefer

porky-hefer_james-brown_courtesy-of-southern-guild_credit-rudi-geyser_ix

A startlingly original voice, Porky Hefer, having recently represented South Africa at the inaugural London Design Biennale, is set to confound audiences with his first solo exhibition in New York, at the prestigious design gallery R & Company.

 

An exploration into perception and natural instinct, Porky’s Heart of Lightness will invoke a new discourse around the sensibilities of handmade design, the joy of child-like reception and the transformative effects of meditation. With drama and intrigue, Porky’s pieces challenge us to shed what is learned for what is inherently and unconsciously known – to examine our responses, preconceptions and limitations. Here lies an opportunity to reconnect the senses, embrace visceral reactions and to welcome an innocent, open-hearted awe.

Porky Hefer was born in 1968, in the era where Radical Design emerged with futurist-designed environments and objects that were more than a chair or a table – pieces that would assault your eyes and also your spirit. It was during this time that Wendell Castle and Joe Colombo made units of self-sufficiency to isolate and change experiences completely. It opened up horizons and possibilities that fulfilled more than simply a basic need to sit.

In this same vein, to inhabit Porky’s hanging mask seat, drape yourself over his projecting leopard branch, climb inside his leather-lined human-scale hermit crab shell is not only to use a piece of furniture, but to assault your senses. While your eyes delight and then focus inward, you are intoxicated by the smell of hide and sheepskin. Cocooned from the world, your hearing is muted, as the hanging pods rock you to a distant memory of embryonic safety. To interact with this work is a completely transformative experience.

‘Porky creates immersive environments that allow people to escape into a different world,’ says R & Company principal Zesty Meyers. ‘They’re beautifully made and seemingly weightless objects that make people think about installation, performance and design in a new way.’

By presenting his show in a New York context, Porky makes an important statement about Africa. He tells a story of a continent embracing a strong artisanal spirit, rather than relying on mass-production from ‘the mothership’ global economy. He urges us to interrogate why we are so removed from our natural environments. With passionate focus on the magic of the hand, Porky executes his pieces intuitively, rather than according to learned design thinking, and, with age-old techniques and skills, he works alongside local craftsmen at the historic leather merchant Woodheads and The Cape Town Society for the Blind.

 

‘More and more animals are losing their basic instincts,’ he explains. ‘Humans lost theirs a long time ago with the advent of the societal norm. So we are tuned to do the right thing, and objects and items are designed to guide you to do the right thing. Can we create objects that inspire a more instinctual behaviour that don’t make you stop and think “will I look ok when I do this; is it the right way to sit when someone is watching?”.’

‘Porky has a viewpoint unlike any other designer,’ says Southern Guild co-founder Julian McGowan. ‘The apparent playfulness of the work belies the depth of thinking, research and evolution that underpins every piece. His is a rigorous study of civilization, humanity and the natural world.’

Southern Guild, the most respected design platform in South Africa, and R & Company, a gallery distinguished for groundbreaking artists, exhibitions and its preservation of design, have collaborated closely since 2012, taking some of the most exciting names in African design to New York City. Just one year after his first solo show at Southern Guild’s Cape Town gallery, and two years since he participated in the group show Grains of Paradise at R & Company, Porky has undergone a creative explosion and Heart of Lightness continues the designer’s dynamic trajectory in the international arena.

Heart of Lightness runs from 17 January to 23 February 2017.

For press enquiries, please contact:

Tracy Lynn Chemaly at Southern Guild

tracy@theguildgroup.co.za

+27 21 461 2856

About R & Company

R & Company represents a distinguished group of historical and contemporary designers whose work is among the most innovative and finely crafted of their time. Zesty Meyers and Evan Snyderman founded R & Company in 1997 to realize their combined goal of promoting a closer study, appreciation and preservation of 20th and 21st century design.

Meyers and Snyderman have garnered international acclaim for their groundbreaking exhibitions and publications and for their commitment to preserving history through their extensive archives, library and private collection. Consistently, Meyers and Snyderman exhibit an extraordinary acumen for discovering and bringing designers to the forefront of the rapidly escalating design market.

R & Company is currently developing exhibitions and publications on the designers it represents — a diverse program that includes work from North America, South America, Europe and Asia produced between 1945 and today. In addition to the exhibition program and showroom in New York, Meyers and Snyderman offer the work of R & Company designers internationally, contribute widely to publications, and lecture frequently about design.

R & Company, 82 Franklin St, New York City, NY 10013

http://www.r-and-company.com

About Southern Guild:

Southern Guild is recognised as the most significant platform for collectible, limited-edition South African design. Exhibiting at the best design fairs around the world, and collaborating with leading global galleries and institutions, Southern Guild has spearheaded the high-end design category in Africa.

Cape Town                                                                 Johannesburg

10 Lewin Street                                                            Trumpet Building

Woodstock                                                                    Keyes Art Mile

Rosebank

 

+27 21 461 2856                                                         +27 10 594 5062

Open Mon-Fri 10am-5pm                                           Open Tues-Fri 10am-5pm

Sat by appointment only                                             Sat 10am-3pm

www.southernguild.co.za

http://www.theguildgroup.co.za

Bagtech International brings innovation to fertiliser industry

Bagtech International has over 25 years of experience in agro industry by developing its own technology on a daily basis in partnership with its clients.

“We have developed the auto correction algorithms which detect changes of flow characteristics in fertilisers due to changes in density or moisture. All Bagtech equipment is designed with our own systems which make corrections on the fly to ensure very accurate dosage of products.  Advanced and intelligent monitoring systems can assist plant operators with the control of the plant and supply critical information when needed, accessible and manageable from anywhere around the world. Highly accurate Servo radial gates control the flow of fertilisers, making it very precisely without causing any damage,” says Fred Coelho, Managing Director at Bagtech International.

“We offer a supply chain management service and develop custom made equipment for handling bulk fertiliser, providing advanced technology through innovative management system in order to provide accurate information to our clients. Our main goal is to offer the clients all our expertise in the fertiliser industry providing consultancy, equipment and services around Africa. Bagtech team is always active participating at national and international market in order to develop new technologies for the African continent, from Africa to Africa. We usually say to our customers that we want to be a partner, not only a supplier because we work 24/7 days for them bringing the best solutions any time they need. Efficiency, Reliability and Commitment, this is our priority.”

Based in Durban, South Africa, Bagtech International has over 25 years’ experience in agribusiness across the African continent. Nowadays, Bagtech is focused on offering a supply chain management service and developing custom-made equipment for handling bulk solutions for fertiliser. The company offers advanced technology through an innovative management system in partnership with Festo in order to provide accurate information to their clients. The company’s main goal is to offer their clients all their expertise in the fertiliser industry by providing consultancy, equipment and services around Africa. As far as products are concerned, we can design in-house fertiliser blending plants from very small capacities to over 100 tons per hour, coating plants , bagging equipment from 10kg to 1ton, screening equipment and any other compact fertiliser plant as per customer needs.

The Bagtech team actively participates at national and international market level in order to develop new technologies for the African continent – in other words from Africa to Africa.

“We are a partner to our customers, not only a supplier. We offer technical visits to the customer’s facility to understand the client’s needs and their business before selling any equipment or services. Our goal is to bring any solutions to their business, from feasibility study until commissioning plant at customer’s site.” says Coelho. “Bagtech works 24/7 to bring their clients the best solutions at any given time and when it is needed. Efficiency, reliability and commitment – those are Bagtech’s priorities.”

With nearly 30 years of development in the agro-industry in Africa, Bagtech offers its own technology in fertiliser equipment – always focusing on continuous improvements for customer benefit. The company has developed auto correction algorithms which detect changes of flow characteristics in fertilisers due to changes in density or moisture. Advanced and intelligent monitoring systems can assist plant operators with the control of the plant and supply critical information when needed, accessible from around the world. Highly accurate Servo radial gates control the flow of fertilisers very precisely without causing any damage to the product.

The company has shown a major growth and, is currently employing +150 staff, having as its clients some of the major players in the fertiliser market, including Toyota Tsusho in Kenya – which is Bagtech’s latest African customer, and are present in +30% of the main ports in Africa, with more than 70 plants sold across Africa.

This article first appeared on: www.agricouncil.org

 

African Agri Investment Indaba around the corner

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The African Agri Investment Indaba is fast-approaching and if you haven’t yet decided to attend, you might be interested to know who you could be networking with.

The following companies have already confirmed their attendance at the Indaba on 28-30 November:

  • 1K1V
  • A Greener World
  • ABSA
  • Accenture
  • ADAS
  • Africa Business Group
  • Africa Capital Digest
  • African Global Trading
  • African Guarantee Fund
  • African Institute of Corporate Citizenship
  • Agri SA
  • Agribusiness Systems and Technologies Limited
  • Agricultural Business Chamber
  • Agri-Expo
  • Agri-IQ
  • Agri-Vie
  • Agro Nigeria
  • All Joy Foods
  • Atlas International Private
  • Cresco Project Finance
  • Dalberg Global Development Advisors
  • Kagiso Asset Management
  • Public Investment Corporation
  • Proparco French Development Agency
  • Qalaa Investment Holdings
  • Scibus Investments

And hundreds more… view the full list here

The African Agri Investment Indaba (AAII) features a dynamic programme including presentations and panel discussions from over 60 speakers, excellent networking opportunities, a pre-conference investment workshop, an exciting exhibition and exclusive Investment Discovery Sessions which will link African project owners with international investors.

Furthermore, delegates will also benefit from our matchmaking service which involves pre-arranged meetings with up to five delegates of their choice (subject to approval).

If you have any questions or would like to register, please contact Manuel Singano on +21 21 700 4320.
We hope to see you at the Indaba later this month.

This article first appeared on: www.agricouncil.org

Seven days until Africa’s largest Agri Investment Indaba

 

CAPE TOWN, 21 November 2016: Projects to the combined value of over US$1b are vying for the attention of international investors attending the African Agri Investment Indaba 2016 taking place in Cape Town from 28-30 November.

The Indaba will facilitate the largest investment gathering of Africa’s agri-stakeholders: over 600 investors, agribusinesses and VIPs will pitch projects, discuss the future of Africa’s agribusiness sector and the potential of African agriculture to ‘feed the world’.

The programme features numerous experts who are delivering keynote addresses. They include:

  • Senzeni Zokwana, Minister, Ministry of Agriculture, Forestry and Fisheries, South Africa
  • MEC Lebogang Maile, MEC, Gauteng Department of Economic, Environment, Agriculture and Rural Development, South Africa
  • MEC Alan Winde, Minister of Economic Opportunities, Western Cape Government, South Africa
  • Nigel Chanakira, Chairman, Zimbabwe Investment Authority, Zimbabwe
  • John Mutunga, Chief Executive Officer, Kenya National Farmers Federation (KENAFF), Kenya
  • Nhlanhla Nene, Resident Advisor, Thebe Investment Corporation and Non-Executive Board Member, Allan Gray, South Africa
  • Dr John Purchase, Chief Executive Officer, Agricultural Business Chamber (AgBiz), South Africa

Hosted by the African Agri Council, and in partnership with Wesgro and the Western Cape Department of Agriculture, a highlight of the event is the Investment Discovery Sessions, where agribusinesses are given the opportunity to pitch their pre-qualified projects to international investors.

Most of the projects are looking for between US$1m and US$50m in investment and have an established track record.

“We have been working closely with a number of leading African investment authorities, such as the National Agricultural Marketing Council, Wesgro, Department of Agriculture, the EU Chamber of Commerce and Industry, Investment authorities from Zambia and the DRC in order to gather a diverse grouping of bankable agri projects,” explains Ben Leyka, Executive Director, African Agri Council.

“Going forward we will continue to act as a platform for international investors and project owners, enabling and facilitating investment in African agriculture.”

A selection of projects will be presented to international investors including the Public Investment Corporation, specialised agri funds such as the Agri-Vie Fund and Scibus Investments Pty Ltd, the Netherlands Development Finance Company (FMO), Norsad Finance Limited, Scandinavia’s Swedfund and Deutsche Bank. The international panels will look for the best projects in primary agriculture, agri-processing and value-chain.

For more information please visit www.agri-indaba.com and www.agricouncil.org.

Ends//…

                                                                                                                                    _________

About the African Agri Council

The African Agri Council is a network of global executives, decision makers and key stakeholders in the Agricultural industry. We connect executives with their peers, policy makers, investors & financiers and leading global service providers across Africa and around the world. The Council is an exclusive platform for networking, matchmaking and deal making in Africa. We focus on the business dynamics of agriculture; the pioneers, partnerships, investments, joint ventures and regulatory dynamics that determine the future direction of the industry and shape tomorrow’s sustainable food production and consumption landscape. For more information, go to www.agricouncil.org.

About the African Agri Investment Indaba

The African Agri Investment Indaba (AAII) is the global meeting place for agri investment in Africa. Bringing together over 600 key stakeholders – from governments, banks, financiers, investors, project owners, project developers, commercial farmers and the agro-processing industry – to discuss trends that will likely influence food and agribusiness economics over the next decade in Africa. For more information, go to www.agri-indaba.com

Issued by the African Agri Council

Contact:          Julia Barton-Hill

083 456 5308 or

julia.bartonhill@agricouncil.org

South African Business Angel Network launches in Cape Town

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Following a successful Johannesburg launch in August, it was Cape Town’s turn on Thursday 10th November 2016 to celebrate the addition of a much-needed organisation to the entrepreneurial, SME and investor landscape in South Africa. The South African Business Angel Network (SABAN) is a non-profit, industry association dedicated to growing Angel investing in South Africa. #SABANlaunch was trending on Twitter in SA soon after the event started.

If the high calibre of speakers and capacity turn out at the two launch events is anything to go by, SABAN is set to make a real difference in the early stage investing space. Angel investors are important catalysts in enabling entrepreneurial endeavour, they do more than just provide seed or growth funding to entrepreneurs or start-ups, but more importantly mentor with business know-how and provide critical access to networks and markets.

Headlining the launch were renowned international and local investors – Anthony Record MBE (global Angel investor-entrepreneur extraordinaire), Audrey Mothupi (Angel investor, Board Member for multiple Listed Companies and the Nordic Female Business Angel Network), Baybars Altuntas (Chair of the World Business Angel Investment Forum and VP of the European Business Angel Network) and Daniel Guasco (Chair of Silicon Cape and Co-Founder of Team Africa Ventures).

SABAN co-founder Chris Campbell explains that, “SABAN has been established to galvanise and grow Angel investing in South Africa.” Angel investors are typically high net-worth individuals who invest their own money in start-up companies in exchange for an equity share of the business. “Since the 2008 global financial crisis there has been phenomenal increase in the quantity and quality of Angel investors around the world – we are lagging behind in South Africa, to the detriment of our entrepreneurs. We need SABAN and other initiatives to change this narrative.”

Non-executive director of the South African Black Entrepreneurs Forum and SABAN advisor, Vuyisa Quabaka, framed the Business Angel space in South Africa, “I believe talent should never have to look for money. What is missing for local entrepreneurs and start-ups is the sub R500k investments bracket, especially the R50-R100k seed funding to get going. We need more risk takers.The talent is there, go and support it, I have in recent years been fortunate to see a number of local start-ups turn into world class businesses.”

Anthony Record MBE, a South African who has built businesses all around the world over the last sixty years shared inspirational stories from ventures he has backed. Among them were shoe businesses in Italy; ice cream factories in the UK; wine farms in France; monitoring food safety standards for Woolworths, Marks & Spencers and Tesco; pest control; and establishing an innovation centre in South Wales – Welsh Ice – which expects to host 500 start-ups by 2020. Asked how he decides who or what to invest in, Record responded, “passion is the number one thing that I look for.” He added that he is just as excited about seeing a small business reach its potential as he is about one with “unicorn” potential.

Baybars Altuntas (Chair of the World Business Angel Investment Forum) has been one of the key drivers behind Turkey’s extremely progressive Angel ecosystem, he challenged South African stakeholders to urgently invest in the space “In 2010 there was no Angel exposure or ecosystem in Turkey. With the support of government and policy makers we are now at the global forefront and have established a 75% tax incentive for registered Angel investors; a USD 200 million matching fund; 16 Angel groups; and a secondary trading market for registered Angels on Borsa Istanbul.”

The global early stage investment market is now estimated to exceed USD 50 billion annually. Over 300 000 US Angel investors invested USD 25 billion in 2015, their European counterparts invested EUR 6 billion in the same period.

Altuntas, a Dragon on Turkey’s Dragon’s Den TV series added, “we realised we were lacking experience in the field and in order to attract it, the tax and matching fund incentives were extended to foreign Angels who could prove success and a previous investment exit. They then became part of local angel groups and shared much needed insights, allowing everyone to learn and benefit.”

Roger Norton and David Campey gave an introduction to Lean Iteration for Business Angels, unpacking the value investors can derive by approaching investments with Lean Methodology – a clear roadmap, short-term targets and more frequent, smaller investment amounts.

SABAN co-founder Mvi Hlophe reiterated that Angels bridge the critical funding gap between personal, friends and family seed funding and traditional late stage Venture Capital funding.  He added “In my experience working in South African Private Equity and VC, more money is chasing fewer deals. Opportunities in the Angel space are considerable and ensure pipeline for later stage investments“. The South African Business Angel Network objectives include raising awareness of Angel investing activity, capacity building and training, seeding Angel Groups in major economic hubs and lobbying for regulatory improvements. After mapping out plans and events for 2017, Hlophe concluded, “We invite you to accept the challenge to create a brighter future for South Africa”.

The event also doubled as a launch for the SA Innovation Summit’s entrepreneur Wall of Fame. Innovation Summit has helped more than 500 entrepreneurs and innovators bring their products to market over almost a decade since its inception and the new awards initiative is aimed to develop an aspirational culture for becoming technology entrepreneurs. Nominations for both entrepreneurs and judges can be put forward on the Innovation Summit website http://innovationsummit.co.za

Audrey Mothupi was unequivocal when she said, “Angel investing is the new normal, nothing creates impact and change than bringing passionate investors together with innovators from all walks of life – the one enables, and the other makes a dream a reality. Angel investors can create opportunities without asking the Venture Capital questions.” Sharing from her personal journey as an executive and investor she added. “South Africa is full of rough diamonds, ideas and creative ways to solve problems. More impact investors are needed to create opportunity and wealth.”

Experienced local Angel investor and business partner to Vinny Lingham (investor on Shark Tank South Africa TV series), Llew Claasen, from event sponsors Newtown Partners was delighted with the launch, “The quality of the speakers has been absolutely exceptional. My challenge to South African Angels and prospective Angels is, there is more than enough talent to invest in. Go find it.”

Without the support of event sponsors and partners, SABAN’s launch would not have been possible, Newtown Partners, SA Innovation Summit, The Peninsula Hotel, OutsourcedCFO, African Business Angel Network, Entrepreneur Traction, StartUp Grind, Allan Gray Orbis Foundation, Silicon Cape and SiMODiSA. SABAN founding committee consists of Mvi Hlophe, Bodo Sieber and Chris Campbell.

saban-launch-team-1

SABAN Cape Town Launch Speakers and Founders (From L to R: Roger Norton, David Campey, Chris Campbell, Anthony Record, Audrey Verhaeghe, Baybars Altuntas, Audrey Mothupi, Vuyisa Qabaka, Bodo Sieber, Mvi Hlophe)

Please contact Bodo Sieber on 079 138 4322 – bodo.sieber@tagmarshal.com for any SABAN related media queries.

 

AfricaCom draws attention from Finnish tech companies interested in African market opportunities

Finnish technology companies view Africa as fertile soil for future business thanks to considerable mobile communications investments throughout the continent. A delegation of tech companies from Finland is joining AfricaCom in mid-November to connect with potential clients. Their expertise is well suited to answer the current needs of African telecom operators.

 JOHANNESBURG, 10 Nov 2016: Eight Finnish technology companies are joining AfricaCom 2016 in Cape Town, South Africa on November 15–17 through Finnish trade promotion agency Finpro’s Connectivity from Finland program. The purpose of their visit is to connect with potential clients and present their offering, to eventually form beneficial and value-adding business relationships.

Finland is known for its long history and track record in telecommunications innovation. After the success of Nokia, Finnish telecom businesses have introduced several new technologies and digital services to the global market.

“Finland is one of the world’s leading developers of new mobile communications technology, but Finnish companies also have plenty of know-how in existing telecom technologies. The companies we are bringing along have plenty of specialised expertise to offer to several promising markets in Africa,” says Mr. Kimmo Aura, Finpro’s Connectivity from Finland Program Director.

Joining AfricaCom are network performance and data transfer optimisation specialists Creanord, Exomi and Cumucore, software companies JL-Soft, Methics and Pajat Solutions, as well as data roaming specialist Uros and operator platform developer Tecnotree.

The participating companies offer a versatile selection of future proof technologies for the digitalised world. They enable operators to improve their operational efficiency and come up with new business models and offerings, which in turn benefit end-users and boost their customer satisfaction.

 New investments generate new needs

Emerging foreign interest in the African telecom sector stems largely from sizeable mobile communications development projects happening throughout the continent. The mobile markets in South Africa and Kenya, for example, are already highly developed, but reliable data transfer capabilities will become increasingly crucial in the future as mobile Internet access grows more commonplace.

“Faced by the challenge of increasing mobile Internet use, operators are striving to find new ways to make the most of their existing network infrastructure in order to support the future growth of data traffic. This calls for new ways of monetising data traffic as well as improving the capacity of existing networks,” Mr. Aura says.

“Finnish telecom expertise covers the entire operator value chain from core and access network solutions to value adding services and applications.”

Connectivity from Finland has had a strong focus on Africa since its start in 2015, and it has previously organised similar trade missions to select African markets.

Additional information:

Christina Rinne
Program Manager, Connectivity from Finland, Finpro
Mob: +358 50 468 9460

About Finpro

Finpro helps Finnish SMEs go international, encourages foreign direct investment in Finland and promotes travel to Finland. Finpro is a public organisation consisting of Export Finland, Visit Finland and Invest in Finland. Our almost 240 professionals work in 37 Trade Centres in 31 countries and 6 offices in Finland.

Finpro – Growth for Finland www.finpro.fi

In Team Finland, Finpro manages almost 40 significant Growth Programs such as Cleantech Finland, Food from Finland and FinlandCare. Through the Growth Programs, Team Finland helps hundreds of Finnish companies enter the international market and attracts investments from around the world to Finland.

www.team.finland.fi

The Connectivity from Finland department will feature Finnish tech expertise from the following companies:

Creanord

Creanord empowers communications service providers to strengthen their customer loyalty and streamline their networks and business operations by providing a comprehensive solution for Performance Assurance and SLA Management. Creanord provides a complete service assurance solution for SDN/NFV, Carrier Ethernet and IP networks.

CONTACT INFORMATION
Jari Pylvänen
+358 40 533 2535
jari.pylvanen@creanord.com
http://www.creanord.com/

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Cumucore

Cumucore offers cloud based 4G core network elements that integrate Software Defined Networking and Network Function Virtualisation to bring the following benefits for mobile operators.

CONTACT INFORMATION
Jose Costa-Requena
+358 50 577 0142
jose.costa-requena@cumucore.com
https://cumucore.com/

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JL-Soft

JL-Soft has been providing software solutions for enterprises on different business areas since 1990. The services covers development, implementation and support. We are focused in operative processes like Sales, Manufacturing, Material Management, Logistics and Field Work. Also Financial Management modules are available. Our web based solutions and mobile apps provides many opportunities for automation, and real time visibility and reporting.

CONTACT INFORMATION
Jukka Laurikainen
+358 500 496 552
jukka.laurikainen@jlsoft.fi
http://www.jlsoft.fi/

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Methics

Methics provides open standard based, innovative and secure software products for Mobile ID and Mobile Connect Services. Kiuru MSSP is high performance and modular authentication server and Alauda is feature rich and small footprint SIM card applet.

CONTACT INFORMATION
Jarmo Miettinen
+358 400 785 949
jarmo.miettinen@methics.fi
http://www.methics.fi/

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Exomi

Exomi messaging and identity management solutions for mobile network operators enable new service ecosystems and business models together with cost savings and optimisation of network resources.  As a trusted partner of major operator groups for nearly 20 years we are known for our technological expertise, adaptability and a dedication to solving challenges with a no-nonsense attitude.

CONTACT INFORMATION
Joakim Nylund
+358 40 507 3072
joakim.nylund@exomi.com
http://www.exomi.com/

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Pajat Solutions

Pajat Solutions provides the Poimapper mobile value added service that allows field personnel to access existing company data, collect and share field data, decision makers to schedule tasks for field personnel, analyse collected data and produce customised reports.  In addition, we provide related training, support, consulting and customisation services.

CONTACT INFORMATION
Pertti Lounamaa
+358 500 447 093
pertti.lounamaa@poimapper.com
http://www.poimapper.com/

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Uros

Uros is an innovative Finland-based telecom services company offering a solution for global mobile Internet access via its patented 4G Goodspeed mobile hotspots and its global roaming platform. Its worldwide mobile broadband reduces data roaming costs for international corporates, travelers and telecom operators by enabling international connectivity services without the typical cost or the complexity of various roaming setups.

CONTACT INFORMATION
Gerrit Jan Konijnenberg
+358 50 411 6715
gerritjan.konijnenberg@uros.com
https://uros.com/

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Tecnotree

Tecnotree is a global provider of telecom IT solutions for the management of products, customers and revenue. We help communications service providers in their digital transformation, simplifying back-end complexity and providing tailored customer experience using configurable business processes.

CONTACT INFORMATION
Niina Pekkarinen
+358 50 364 7618
niina.pekkarinen@tecnotree.com
http://tecnotree.com/

VinPro talks wine value

How can cellars get more value for their wines, while increasing sales? How do the South African industry’s current economic realities relate to the bigger picture? Unlocking value for sustainable wine industry growth will be the focus of the Nedbank VinPro Information Day.

The event will take place on 19 January 2017 from 09:00 – 13:30 at the Cape Town International Convention Centre (CTICC).

An overview of the wine industry landscape will include the following:
Global and local economic trends – Nicky Weimar, Nedbank
Long cycles of the South African wine industry – Prof Nick Vink, US
What’s happening in the vineyard? – Francois Viljoen, VinPro

A panel discussion will unpack ways in which the industry can grow value from the vine to the shelf, inter alia through innovation and local and global market development. The Unlocking Value panel includes will include:
Michael Fridjhon, wine critic and columnist
Rico Basson, VinPro
Denise Stubbs, Thokozani Wines
Johann Krige, Kanonkop Wine Estate
Neville Carew, Origin Wines
Richard Rushton, Distell
Gavin Dittmar, Meridian Wines

Do we speak the right language when engaging with the average South African consumer? Lebo Motshegoa from the research company Foshizi will give some perspectives on customer engagement and retention.

The 2017 conference will mark Nedbank’s 11th year as main sponsor. Old Mutual and Mutual & Federal are involved for the second year. Daneel Rossouw, Nedbank’s divisional manager of agriculture in the Western Cape says, “Nedbank has a big appreciation for the wine industry’s contributions to the economy and job creation in the Western Cape and South Africa.

“The sponsorship is in line with our strategic intent to partner with small, medium and large enterprises in the agricultural and other sectors to ensure growth for a greater South Africa. The day provides invaluable networking opportunities amongst business owners and aspiring entrepreneurs, while sharing innovative solutions to some of the challenges facing the industry.”

VinPro members register at R550* per person and non-members at R850 per person.
(*Discount limited to two tickets per member)

Book online at http://www.vinpro.co.za, phone 021 276 0429 or e-mail info@vinpro.co.za.
Registration closes 9 January 2017.

Why CFOs should create value with integrated thinking

“Today CFOs have to focus on not only financial aspects of the organisation, but on the value creation aspects as well.” This important point is made by Prof Mervyn King, Chairman of the King Committee, who will be speaking at the upcoming World CFO Congress about how CFOs should add value through integrated thinking. The release of the King IV report is scheduled for November 2016.

King elaborates that there are six capitals impacting any business: financial, human, intellectual, manufactured, natural and social capitals. None of these capitals operate in a vacuum, and the King IV report take all of these aspects into account to guide the CFO to not only look at financial statements and profit for shareholders, but that the business is creating value from all of these six sources of value creation.
“Looking at the business’s strategy on this basis, the CFO must ensure that the company will be seen to be a responsible corporate citizen with its stakeholders having trust and confidence in it, a good reputation and is operating legitimately. The CFO must ensure that the board of the company discharges its duty of accountability by reporting in clear, concise and understandable language. This means that the CFO, working together with the CEO and other senior managers, should extract the material financial information from reports and put it in clear language in the integrated report, not in International Financial Reporting Standards (IFRS) speak,” explains King.
One of the world’s biggest asset owners, BlackRock, indicated that before investing their ultimate beneficiary’s money it needs to know the long-term narrative of a company to see whether that company will create value in a sustainable manner long-term.
“The plague of short-term profit, or as Hilary Clinton has called it in her presidential campaign, “the tyranny of quarterly profits” is yesterday’s focus whereas today the focus is on sustainable development. In this regard King IV will take account of the three critical aspects, and how the company makes its money on all three aspects,” says King.
The King IV Report is outcomes based. To try and achieve quality governance the outcomes are ethical culture and effective leadership; adequate and effective control; value creation in a sustainable manner; trust and confidence in the company; good reputation and legitimacy of operations.
“The role of the CFO in terms of Corporate Governance should not be underestimated. For example, earlier this year four major banks severed their ties with the Gupta aligned Oakbay Investments due to allegations of integrity. This shows that even the perception of poor governance can do great reputational damage to a company, which results in financial losses. Therefore, the forthcoming King IV report is an important topic at the 46th World CFO Congress that will be hosted in Cape Town from 9 to 11 November 2016,” says Nicolaas van Wyk, SA Institute for Business Accountants’ (SAIBA) CEO and IAFEI Board member.
For more information on the CFO World Congress, visit http://www.iafeiworldcongress.com. Ticket sales for delegates are closed.

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Prof Mervyn King, Chairman of the King Committee

How South African are you?

It takes leaving South Africa to realise just how South African you are.

Over the years I’ve seen those around me leaving South Africa for work, love, education, or just in search of a better life. Moving abroad seemed like a simple process so I thought, ‘Why can’t I too?’.

When the time was right, and I finally made the decision to embark on my new journey abroad, everything seemed to be just peachy. I was moving to Israel, a place I had dreamed of living in for half my life.

Well, I was right, everything was going to be just fine (now that I write this in hindsight). But I was also very very wrong.

The moment I said goodbye to my family at the airport was the hardest moment of my life and one which I never want to relive. I didn’t think leaving South Africa would be so bad and I definitely wasn’t prepared.

This was the moment when I realised just how much South Africa had moulded me into the person I am today and just how much my South African identity was going to continue to shape me in ways I never thought possible.

I have taken the plunge into a new culture, which was somewhat always part of my identity, but I was still in for a major culture shock. While now I am a bit of a hybrid, I always find myself reverting to certain ‘South Africanisms’.

These are some of the South African attributes and characteristics about myself which have shaped me and continue to be an extension of who I am.

My South African accent

While most people I talk to can’t quite pinpoint where I am from if they don’t know me, it’s always funny to hear the wild guesses… which most of the time is British.

Seeing that I only left South Africa two and a half years ago, I have embraced the fact that my accent is here to stay and I love it. I am surrounded by different cultures and accents, so it’s the best to feel unique or to spot a fellow South African from miles away.

Minding my manners

Everyone prefers well-mannered people and wants to maintain a sense of decorum at the post office, supermarket, a queue, or wherever it may be.

Well, that’s kind of non-existent where I live now. Sure, people are warm, friendly and helpful, but also very rude and hot-headed.

The South African in me has taught me to just smile and remain calm, which actually creates a ripple effect in that the person I converse with often reacts in the same way.

Sorry, not sorry

South Africans have a strange habit of saying “sorry” all the time for unnecessary things. Where I live now, “sorry” is not part of the vocabulary.

It took me some time to learn not to apologise unless I do something wrong or offend someone. Now if I accidentally brush past someone at the supermarket I don’t feel the need to say sorry.

Space

I only learned how lucky I was to have the luxury of space when I left South Africa. From spacious houses, endless parking spots, to longer drives and bigger supermarket aisles, South Africa really boasts an endless amount of space.

Now I have to think twice before I buy something, and I have to plan ahead whether there will be a parking spot or not before I go out.

I appreciate my own little niche and the new sense of space I have created for myself. I have learned how to make-do with what I have and to be resourceful in terms of generating more ideas for space.

Freedom and security

I grew up learning to be observant about what goes on around me, and while I was blessed to grow up in a democratic South Africa, we all know there are still significant issues that remain part and parcel of living in South Africa.

For example, it isn’t commonplace to see thousands of people walking around the streets all day every day or sitting in sidewalk cafes.

Now that I live in a city where most people commute by foot or bus and there are hundreds of cafes and coffee shops all over the place, I have adapted to this new way of life.

But, the South African in me still likes to get around by car, and it took me a while to just walk around in the streets without having to think twice.

Social planning

South Africans are fantastic planners and they tend to plan a simple get-together with friends at least one or two days before.

Spontaneity is the name of the game in my new home. Nobody plans; in fact, people just rock up at your place or call two minutes before.

I am not complaining, it’s great! But I am still South African when push comes to shove. I prefer to plan things in general, and I haven’t quite gotten used to the meaning of what true spontaneity is just yet.

Punctuality

I am anything but the White Rabbit from Alice’s Adventures in Wonderland.

I like to be punctual and I respect others more when they arrive when they say they will; yes, even the bus drivers.

Unfortunately, things in my life now don’t run as smoothly as they did in South Africa, and it has taken me a long time not to get angry or upset about it.

Despite this, everything manages to fall into place at the end of the day, and it has taught me that things do work out as planned after all; even if it’s a few days later. I have adapted to my new pace of life, new bureaucratic ways, and the fact that the busses don’t arrive when they say they will.

I am a work in the making; a mix of the new me and old me.

One thing I know for certain is that my South Africanisms will always be a part of who I am as much as I try to assimilate into my new surroundings and no matter where I live in the world.

The Author of  This Article: Danielle Propheta currently lives in Tel Aviv, Israel after moving from her hometown, Johannesburg in May 2014. She is an avid reader, a lover of fashion, she dreams about traveling the world all day every day, and two of her favourite foods are popcorn and nutella. Danielle holds a BA in English and Political Studies from the University of the Witwatersrand, and she is currently completing her MA Thesis in English Literature at Bar Ilan University.

SABAN Launch – A Promising Step for South Africa

 

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With the South African Business Angel Network – SABAN – launching in Johannesburg on August 24th, 2016, South Africa can claim its first national non-profit association whose purpose is to “galvanize and grow angel investing” in the country.

Chris Campbell is an entrepreneur based in South Africa who has been on the front line of SABAN’s creation. Through his experience pitching and going through funding rounds, Chris saw the need to make it easier to connect South African entrepreneurs and business angels. The inspiration for him to get involved personally came after the EBAN Winter University 2014 in Helsinki, Finland, which enabled him to see what was being done in other countries and that it could be possible for South Africa as well.

Chris is quick to mention that ABAN – the African Business Angel Network – has been instrumental in providing support to get SABAN off the ground. ABAN spans the whole continent and is envisioned as a “network of networks”. However, it is also in the unique position of helping develop national and regional networks itself, in which regard SABAN will certainly be a testament to its success. The Finnish Business Angels Network and Lagos Angel Network both provided helpful examples to follow as well, for the task of creating a business angel network. And, ultimately, at the Global Entrepreneurship Congress 2016 in Medellin, Colombia, several South African stakeholders, including Chris, came together to acknowledge that the angel investment ecosystem in their country would be difficult to grow organically unless a catalyst – such as a national network – was introduced.

The first concrete conversations on starting SABAN started as recently as May 2016, but there has been incredible progress so far. Among those consulted and supportive so far are the Johannesburg Stock Exchange, Newtown Partners, Allan Gray Orbis Foundation, Entrepreneur Traction, GBAN, Silicon Cape, SiMODiSA, VC4Africa, Clifftop Colony, Knife Capital, SA Enterprise Development, DEMO Africa, Venture Networks, French Tech Hub, Methys and Jozi Angels. Early support has also been shown by the South African Department of Trade and Industry, who attended EBAN’s Annual Congress 2016 in Porto, and are willing to help connect SABAN with the European Commission.

To put the South African economy in context – the country is characterized by extremely high unemployment and low GDP growth, so entrepreneurial initiative is sorely needed to boost the economy. And where there are entrepreneurs, there must also be business angels. While private angel groups and small syndicates do exist in the country, as mentioned, SABAN will be the first ever national non-profit network. Additionally, there is little data regarding business angel activity in the country, however, their number is surmised to be somewhere between 20 and 50 publically known business angels. On a related note, SABAN also aims to increase the amount of information available on early stage market players in South Africa.

Another, even bigger launch event for SABAN is set to take place in November in Cape Town, and by early 2017 SABAN is expected to be in full force. The organization is headed by a steering committee of Chris Campbell, Bodo Sieber (CEO of Tagmarshal, which recently received German angel investment) and Mvikeli Hlophe (fund manager at SA Enterprise).

Many of the key individuals helping drive SABAN forward are familiar to EBAN – Audrey Mothupi (NFBAN Board Member), Craig Mullet, Anthony Farr, Vuyisa Qabaka, Alexandra Fraser, Dean Cannell, David van Dijk, Ben White, Tomi Davies, Llew Claasen, Matsi Modise, Elizabeth Gould, Garreth Bloor, Anthony Record, Christophe Viarnaud, Rebecca Enonchong and Abu Cassim. Candace Johnson and Baybars Altuntas have both been in contact with Chris regularly helping provide additional impetus to SABAN.

Interested in learning more about SABAN? Contact Chris Campbell at chrisc@socius.ch.