Fin24

Mxit CEO steps down

2012-10-18 18:18

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."

Comments
  • sthembiso.jali.50 - 2012-10-18 18:26

    They have CEO for that crap ?

      izak.burger.3 - 2012-10-18 18:36

      You are likely unaware of the work Siyavula is doing to reach kids with educational resources via mxit. And you are likely also unaware of the other successful social media network called 2go, which is based on similar use patterns: that of cheaper low bandwidth devices. There's also their wallet service which is currently being rolled out slowly and will likely become on of the easiest ways to buy airtime and electricity.

      zaahid.appoles - 2012-10-18 18:42

      Joining Cell C perhaps????

      colin.dovey - 2012-10-18 19:01

      Not so Sthembiso - Maths on Mxit is a service where primary and high school pupils can get help with their maths homework from tutors. The tutors come from various universities and academic organisations around South Africa.

      stephen.reeves.908 - 2012-10-19 10:53

      Mxit is the biggest social networking platform in Africa.

  • thulani.sparks - 2012-10-18 18:55

    Who cares???

  • buyisiwe.mhlana - 2012-10-18 19:05

    Is this because of what Zuma said ? you're such a CRY BABY

      glenn.chi.9 - 2012-10-19 08:56

      How did this comment even enter and then cross your mind?

  • jay.kganyago.5 - 2012-10-18 19:07

    Mxit is overrated. They only so successful in SA because profit margins on SMSes are so high and bcos investors currently idolise anything "social". "Africa's biggest tech success story" I don't think so .. a glorified chat platform for teenagers.

  • kennedy.mangunda.1 - 2012-10-18 19:14

    thats good for others 2 carry on

  • louis.hager.12 - 2012-10-18 19:32

    There's still Mxit?!

  • angeliquev2 - 2012-10-18 19:41

    Mxit was dead the moment whatsapp and bbm took over.

  • herold.vusi - 2012-10-18 20:15

    Jah, I think it is better to do so. Infact, I had just forgot that ther is still mxt around. And also the virsion 6.2.2 is so slowly ond dilivering massege so ayt. It was dead already.

      khaedu - 2012-10-18 20:30

      I thought you had forgotten there is mxit yet you even know the latest version is so slow. Yay

  • mshiniboys - 2012-10-19 08:10

    How to get there...you choose to take a bike while they take a plane.

  • entreprenuerist - 2012-10-19 08:15

    Mmmm I wonder Why? Is Mxit Burning Cash instead Of Growing Cash?...... So Then Soon Primedia Online would come to rescue and Buy Mxit .

  • jeremy002 - 2012-10-19 10:30

    Being that most of these dot.com/IT/social network billionaires are ususally so young, will this former CEO go back and finnish his high schooling now?

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