Mobile social network Mxit has confirmed that it has retrenched more than a quarter of its workforce. Forty-one people from of its 150-strong staff complement were let go as part of a refocusing of its strategy for 2013. The move comes only
Alan Knott-Craig has resigned as CEO of Stellenbosch-based social networking and instant-messaging service Mxit after disagreeing over strategy with major shareholders in the company, who include former FirstRand executives Paul Harris and GT Ferreira. Mxit is 90% owned by
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