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Safaricom’s market share dropped 1.6 percentage points to 65.4% in the three months to June as Bharti Airtel’s Kenyan unit and Telkom Kenya increased mobile phone customers at a faster pace.

SA’s ticketing industry is about to get a kick up the backside because of a new technology that will allow artists, venues and other entertainment suppliers to sell tickets directly to fans and punters via their Facebook pages and websites. The

World of Avatar, the technology investment vehicle headed by Alan Knott-Craig, said on Thursday it is buying social media and instant messaging platform MXit from media group Naspers and the service’s founder, Herman Heunis. But does the deal make sense?