Well, we can now safely say that 2019 is a more successful year for @KnifeCap than 2015. 2018 was special for deals, fund closing and a big exit but we are chasing hard. 1 month to go. Keeping the πΎ on ice... #ChampagneChain#infographic#CompanyCulture
SARS #Section12J rules only allow for maximum 20% investor participation, which is why @sasmefund investment in @KNF_VC Fund I was only R30m. We are launching KNF Fund II which will be open for investment by Qualifying Investors from Jan-20! https://t.co/HMpHOiyCgk
Sad development for an industry which only really started growing in the last 3 years. The economic multiplier effect of the incentive will be curtailed drastically
So NT is sticking to implementing #Section12J limits of R2.5m (Individuals/ Trusts) & R5m (Corporates) per Investor per yr. Protecting the fiscus from high tax deductions. Short-sighted but hey ~ If only 12Jβs embraced the spirit of βEquity Investment in SMEsβ π
Egypt's B2B trucking marketplace, Trella, which connects shippers with carriers in real-time, has been selected to take part in the S19 batch of Silicon Valley-based accelerator @YCombinator, securing $150,000 in funding and access to the renowned programme. [Disrupt Africa]