Former Vodacom CEO Pieter Uys and former First National Bank CEO Michael Jordaan have joined the board of Invenfin, the venture capital division of investment holding company Remgro Limited, as nonexecutive directors. Uys is already Remgro’s investment executive
Browsing: MXit
The Democratic Alliance has launched DemocraCITY, a strategy game on social media platform Mxit, which it describes as a hybrid between SimCity and Tamagotchi, in an effort to convince voters to make their mark for the party in the upcoming general election. In a statement, the DA says each game runs for 72 hours, with players being
Mobile commerce and associated digital services will be the fourth big money spinner for mobile operators as the voice, SMS and data waves wane, says Herman Singh, managing executive of m-commerce at Vodacom. Indeed, m-commerce could save mobile operators from what Singh calls a “gradual move to commoditisation” of
Yookos, a newish social networking site aimed at people across Africa, has signed up 10m users in the three years since its commercial launch and appears set for further strong growth. The network, which began in Nigeria as a Christian-focused site, is now headquartered in Johannesburg and is targeting a broader audience interested in what its founders
Project Isizwe, the nonprofit founded by former Mxit CEO Alan Knott-Craig, has announced plans to expand its free Wi-Fi coverage to open public spaces in key hubs in the Western Cape. The news comes after the completion is a first phase of a free Wi-Fi roll-out in selected areas around Pretoria
South Africa, where 80% of the adult population owns a cellphone but the median income is a mere R3 000/month, poses specific challenges to tech companies trying to make inroads into the cellphone market. For many, the solution has come in the form of apps that allow
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
Former First National Bank CEO Michael Jordaan, who joined the board of social network Mxit as chairman in September 2013, has acquired a stake in AngelHub Ventures, a Cape Town-based company that provides seed funding to start-up businesses. Kevin Harris, who has worked
South African social network Mxit launched its mobile instant messenger application in India, the company said on Wednesday. “The South African mobile social network has announced the first phase of its expansion for the emerging market with
Stellenbosch-based mobile messaging platform and social network Mxit is taking aim at the vast Indian market, launching the service in the south Asian powerhouse this week in the hope of dramatically expanding its reach. The South African team