When was mxit found




















Harris was apparently on the verge of pouring more money into a company that had seen very little financial return since Knott-Craig took over. Knott-Craig was not fired and he was not pushed out. The problem is the path. But, the nice thing is that we did it in the nicest possible way under the circumstances. His shares have now been bought out in both Mxit and World of Avatar, although he still owns shares in a small online and tablet publishing startup with a big brand presence called Daily Maverick.

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No Ben Roethlisberger this week. Scottie Pippen: "I didn't realize how much Hakeem Olajuwon had diminished in the game. Fiercely single-minded, Heunis acknowledges that he is better suited to starting technology companies than managing big businesses. It has a staff of people. I don't think my real strength is running companies - it is starting companies. World of Avatar has bold plans for MXit. MXit boasts more than 30 million users in Africa. Knott-Craig, who succeeds Heunis as CEO, believes the extensive reach of the MXit service, its proven robustness, support of many different handsets more than 3 and high penetration of the youth market give it an advantage over rivals.

He recognises that competition will be tough and already has eyes on fixing some of MXit's weaknesses.

Knott-Craig is a well-known champion of business in Africa. His focus on Africa may temper MXit's ambitions elsewhere in the world. The new head of MXit may have already pulled off his first masterstroke.

Weber is a software and systems engineering specialist with a doctorate from Carnegie Mellon University and an impressive academic and business track record. Heunis pulled in Weber's consultancy firm, Stone Three, to help MXit complete a mammoth overhaul of its core software in Weber, who sold Stone Three last year, knows MXit's technology, its people and its culture well.

Heunis first mooted leaving MXit in Touring the Namibian desert, he was almost killed in a motorbike accident. He broke his back and fractured several bones.

Seven months of painful rehab gave Heunis plenty of opportunity to reflect on what he wanted to do with his life. Four years later, Heunis has nothing left to prove. He leaves MXit a tired but wealthy man. Despite the simple concept behind MXit, it's caught fire in South Africa, especially in poorer communities. Ten million South Africans regularly use the service, almost double the number of Facebook users here. There are between 40,, new registrations daily.

A growing number of these new users are now located outside of South Africa--one in five are from abroad. In all, MXit users from countries around the globe send between million to million messages a day. MXit has found a huge following in emerging markets. Its largest advantage over other social networks in the developing world is that users can log on with almost any mobile device.

For the most part, Facebook and Twitter require the use of a smartphone or a computer to do even mundane tasks, leaving both services out of the reach of many. This is where the volumes are. We are essentially targeting seven out of the eight billion people in the world, many of whom do not have credit cards or bank accounts, only cellphones.

The service is already popular throughout Southern Africa and Indonesia, with plans to expand into India and South America. Still, MXit is feeling pressure from overseas competition and a negative perception of its users from advertisers. Its biggest strength is also one of its main weaknesses. Enza Capital led an early-stage investment round for Kenyan edtech start-up Craydel. Presented in the timeless flip-phone design, the Nokia Flip is small enough to fit into your pocket or purse, but durable enough to….

Microsoft has launched its Surface Laptop 4 in South Africa, with options to buy it directly from its local retail partner or through a…. The Renault Sandero was a great local success. It proved excellently-suited to local driving conditions with the mix of potholed roads and gravel. South Africa is a strong-demand market for high-performance SUVs.



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