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Mxit CEO steps down

Johannesburg - The CEO of Mxit, Alan Knott-Craig Jnr, has stepped down from his position, the mobile social network operator said on Thursday.

"While the shareholders and I share the same vision, we differ on how to get there... therefore, I agreed to go my own way," Knott-Craig Jnr was quoted saying in a statement.

Chief financial officer Francois Swart would be acting CEO until a replacement for Knott-Craig was found.

Knott-Craig wished the company well on his departure.

"I wish them all the best for the future, Mxit is Africa's biggest tech success story, and can be a global success story."
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