E-sports, or competitive videogaming, is rapidly emerging as a big business around the world, and South Africa is no exception. Vincent Maher, chief innovation officer at Kagiso Media, is at the coalface of developments in South Africa
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Kagiso Media is placing a big bet on electronic sports and competitive videogaming with the launch of Mega8 eSports, which will host regular tournaments and offer “ample” prize money to players. The gaming platform was acquired by
Social network Mxit has exited its Indian and Nigerian markets as the business shuts down its commercial operations. Mxit had a high-profile launch in India at the beginning of 2014 which
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
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
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
Stellenbosch-based Mxit, the social mobile chat company now chaired by outgoing First National Bank CEO Michael Jordaan, has released version 7 of it social network for feature phones, with iPhone and iPad versions coming later in the week. The launch of Mxit 7 is
China’s Tencent, in which JSE-listed Internet and media group Naspers holds a 35% stake, appears to have designs on the African market and is preparing to ramp up focus on South Africa and Africa more broadly with its WeChat platform. Tencent, well known in China for its QQ
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