NicSocks started as a unique and highly niche e-commerce business that focused on making and selling designer socks for men. But the business, started by Nic Haralambous, is now turning into a broader men’s fashion play as demand for clothing accessories catches up with global trends. Johannesburg-raised
Browsing: Motribe
Mxit chief product officer Vincent Maher has left the social network, where he spearheaded the transition from feature phones to smartphones, and has been named as chief innovation officer at Kagiso Media. Maher, who co-founded Motribe with Nic Haralambous – the business was later sold to Mxit – will look after the development
Convergence Partners is the newest investor in 4Di Capital’s venture capital (VC) fund. The technology investment management firm, founded and controlled by businessman Andile Ngcaba, will be an equal limited partner in the fund alongside Reinet (the Rupert family) and E Oppenheimer & Son
JSE-listed Imperial Holdings has bought mobile technology start-up ForeFront Africa in a bid to enter the mobile telecommunications space. The company will form part of Imperial’s recently launched Resolve brand, whose name will change to Resolve Mobile
South Africa’s wealthy Oppenheimer family is investing in the country’s technology sector. E Oppenheimer & Son has become an investor in a venture capital fund run by Cape Town’s 4Di Capital. The Oppenheimer investment – the value is not being disclosed – will
Mobile messaging platform and social network Mxit has acquired Cape Town-based start-up Motribe for an undisclosed amount of money. Motribe was founded two years ago by Nic Haralambous and Vincent Maher and is 30% owned by local start-up investment firm 4Di Capital. Motribe, which employs eight
Since 4 March, a new social discovery app on SA social networking service MXit has attracted more than 400 000 users. And it’s already generating enough revenue to cover its costs. The app, called JudgeME, helps people meet each other by uploading photos and answering a handful of questions. Other users can guess
The second annual Tech4Africa conference kicks off in a few weeks in Johannesburg and founder Gareth Knight is hoping the event will help create momentum for technology start-ups across Africa. “In the US, these kinds of events create huge momentum
Nic Haralambous and Vincent Maher plan to take on the global market with Motribe, an ambitious social networking offering for the mobile Web.The product, which will go live on Tuesday, is a platform that enables “users, brands and agencies to build and manage their own social networks on their mobile phones”.