55% of tech start-ups based in Gauteng - survey
153 business founders took part in this year's Ventureburn Tech Startup Survey.
CAPE TOWN - Gauteng seems to be the place to be to run a new tech startup.
One hundred and fifty-three business founders took part in this year's Ventureburn Tech Startup Survey.
Fifty-five percent of the businesses are based in Gauteng, while 37% are in the Western Cape.
But Ventureburn editor Stephen Timm says the most successful start-ups are found in Cape Town.
“Thirty-five percent of tech start-ups in the Western Cape said they were posting a profit versus 22% in Gauteng.
Cape Town is still the start-up centre of Africa, but we are definitely seeing an uptake in the deals that are coming from Gauteng.
(Edited by Mihlali Ntsabo)