Stellenbosch-based mobile social network Mxit is retrenching as much as 27% of its workforce, company insiders say. This comes just months after the exit of CEO Alan Knott-Craig, who also formerly headed up the investment vehicle World of Avatar of which Mxit is part. TechCentral has learnt
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German-based media streaming company Simfy is set to launch a local offering of its music streaming service before the end of the month. Simfy Africa will have more than 18m tracks available for streaming and has secured licensing deals with all of the big international record labels, including Sony Music
Stellenbosch-based start-up Boom.fm is an online music discovery service that encourages group listening and looks set to make more South Africans familiar with a wider variety of local music. It’s also going to provide local artists with an additional