How Sage Small Business Awards with CapeTalk helped credibility of start-up Yoco

It's that time of year again.

Time to get your entries in for the 2017 Sage Small Business Awards with CapeTalk.

The Sage Small Business Awards with CapeTalk celebrates South Africa's entrepreneurial spirit.

If you’re proud of what your small business has achieved or know of a small business contributing to the growth of SA, nominate them now and they could win the 2017 Sage Small Business Award.

Last year's Sage Small Business Award with CapeTalk winner Yoco.

CEO and co-founder Katlego Maphai says Yoco makes it really easy for small businesses to accept card payments.

We have two card readers that connect up to your phone. You download an app, Android or iOS and you simply able to accept card payments. We've made it very easy to sign up. It takes you ten minutes to sign up, on average two to three days to get to your doorstep and you start transacting.

Katlego Maphai, Yoco CEO and co-founder

We started off in Cape Town and moved to Johannesburg in 2013.

Maphai adds that during that year in Johannesburg, he spent the entire time trying to get permission to operate as a payment facilitator.

The company is self-funded he says, and later, after securing a licence and began building the physical product, he moved back to Cape Town.

We took the bold decision to test our product properly in the market.

Katlego Maphai, Yoco CEO and co-founder

It was only in October 2015 that we really launched the company and since then, it has been growing like crazy.

Katlego Maphai, Yoco CEO and co-founder

Maphai says winning the Sage Small Business Awards with CapeTalk helped him and the business with exposure to the market.

It also helped the business gain credibility with the public he says.

Take a listen:


702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Female-owned AngelHack breaking new ground in tech space

Female-owned AngelHack breaking new ground in tech space

Angelhack is a female-owned tech company that brings together a community of developers creating breakthrough technology.

SA fizzy drinks undergo "shrinkflation" to control sugar intake

SA fizzy drinks undergo "shrinkflation" to control sugar intake

Coca-Cola has reduced its 500ml "buddy" to 440ml and the traditional 330ml Coke cans will soon have a volume of just 300ml.

Over 2 000 water saving shower heads to be rolled-out in Cape guest houses

Over 2 000 water saving shower heads to be rolled-out in Cape guest houses

Despite concerns over the water crisis, this initiative is intended to still attract tourists to the Mother City.

Cape Town start up Yoco gets a boost from major Dutch tycoon

Cape Town start up Yoco gets a boost from major Dutch tycoon

Yoco is one of two companies specifically chosen by a German business tycoon Willem Willemstein to receive funding this year.

Meet Katlego Maphai, entrepreneur on a mission

Meet Katlego Maphai, entrepreneur on a mission

A wonderful insight into making the leap from the safety of employment to the uncertain waters of entrepreneurship.

Yoco crowned winner of Small Business Awards

Yoco crowned winner of Small Business Awards

Yoco was announced winner of the 2016 CapeTalk and Sage One Small Business Awards. CEO Katlego Maphai speaks to Kieno Kammies.

Popular articles
So what exactly is radical economic transformation?

So what exactly is radical economic transformation?

Wits associate professor of economics Christopher Malikane speaks to Azania Mosaka about the term that is being bandied about.

Shop 'til you drop: The top 'Black Friday' deals this week

Shop 'til you drop: The top 'Black Friday' deals this week

Start your Christmas shopping off with a bang at these major retailers offering some impressive discounted sales for Black Friday.

Pamela Nomvete on her downfalls as actress, and 'climbing back'

Pamela Nomvete on her downfalls as actress, and 'climbing back'

This week Xolani Gwala's speaks to former Generations actor Pamela Nomvete for #WhatInTheWorldHappenedTo feature.

How Naspers paid peanuts for Tencent (China’s most valuable company)

How Naspers paid peanuts for Tencent (China’s most valuable company)

In 2001 Naspers invested $32 million in (then tiny) Tencent. Learn more about the wildly profitable Chinese behemoth...

Police hunt man who doled out drug-laced sweets to school kids

Police hunt man who doled out drug-laced sweets to school kids

60 children from three schools in south of Johannesburg were rushed to hospital after eating sweets handed out by a stranger.

'The university degree is dead'

'The university degree is dead'

Flux Trends founder Dion Chang gives five reasons why he believes getting a degree is past its sell by date.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?