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All posts tagged "Mxit"

  • Does the future of instant messaging apps lie in bulk?

    The instant messaging space is a tough nut to crack. Add a couple feature and it becomes cluttered and the users become uncomfortable. Remove a feature and the product risks falling behind the pack. Just ask Mxit, which has gone from being Africa's largest mobile social network with 27-million registered users in 2010 to dwindling numbers suspected of being less than 1 million. Instant messaging phenomena WhatsApp, on the other side of the spectrum, has achieved international success in just six years after after which it boasted 800 million active users around the globe and got bought out by Facebook...

  • SA schools to get savvy with new virtual classroom tool by Mxit, UNICEF

    Today, South Africa's Deputy Minister of Basic Education Enver Surty, together with the MEC for Education in Gauteng Panyaza Lesufi, officially unveiled a new mobile tool for the country's public schools, called Ukufunda Virtual School in partnership with Mxit Reach and UNICEF. Ukufunda, meaning "learn" in isisZulu, will not only aim to promote access to quality teaching for students, but provide teachers with professional development and support curriculum delivery. However creative many edtech startups in South Africa may seem, they too often face inaccessibility to their target markets. This recent dedication by the Education Department is a milestone for public institutions,...

  • M4JAM: the new startup that uses micro-jobbing to solve SA’s biggest problem

    When the founders of the startup M4JAM (Money for Jam) secured a rare meeting with legendary banking innovator and investor, Michael Jordaan, he threw down a challenge to them. He encouraged them to stop the talk and build their product in 90 days. Just 105 days later, the company's new micro-jobbing platform is now set for launch, with more than 100 000 jobs lined up, supported by more than 10 brands. M4JAM has lofty ambitions, aiming to solve one of South Africa's biggest problems. We all know that South Africa's economy is unique; its crop of entrepreneurs even more so....

  • 20 kickass African tech entrepreneurs worth your time

    Entrepreneurship means setting sail on a whirlwind adventure without a boat and the hope that you'll be able to build a ship along the way. It is the impossible, the improbable and magnificent all at the same time. Giving up everything of themselves, entrepreneurs will work to build their proverbial ships. On Ventureburn we cover a lot of startups and we have seen our fair share of kickass companies birthed in Africa. Behind those amazing companies are some very dedicated entrepreneurs who work tirelessly to build great companies that Africa's tech ecosystem can be proud of. We have picked some very...

  • Michael Jordaan’s MonteGrey Capital makes first VC bets and it’s all about tech

    Last year when former FNB head Michael Jordaan joined South African instant messaging service Mxit as chairman, we heard that his new aspirations were to learn more about innovation and investing in startups. Soon after, Jordaan launched his first VC firm, MonteGray Capital. Today, news came about that the first companies getting a cash injection from MonteGrey include interesting tech companies such as Multisource, Bright Black and Execmobile. Jordaan has mentioned before that he's interested in "disruptive technologies that will change the world in the next 10 years," and all three companies mentioned above focus on using disruptive tech...

  • The unwavering persistence of entrepreneurs

    The following is a transcription of a keynote speech made by Memeburn publisher and Creative Spark founder Matthew Buckland at the Youth Entrepreneurs Connect Conference at the Cape Town ICC on 28 September. In the speech, Buckland explores how the internet has helped bring entrepreneurship to the fore, and the impact it has had on South Africa. Drawing on his own experiences, he also describes how vital it is that universities support entrepreneurship and allow students, who are so inclined, to follow their own destinies. Moreover he dissects the qualities that make up a successful entrepreneur. Few apply to...

  • Mxit goes for continuity, announces Francois Swart as CEO

    In news that should surprise absolutely no one, Mxit has announced that acting CEO Francois Swart will take permanent charge of the top job at the mobile social network. Swart, who has been at Mxit for a good while now, has been acting CEO since Alan-Knott Craig Jr stepped down from the post in late 2012. He was one of our top picks for the job back in March As we noted then Swart is a good candidate with a strong financial background, something which would have been pleasing to the Mxit board. He also worked quite closely with Knott-Craig...

  • Get live weather updates on Mxit thanks to Kazazoom

    Kazazoom, a Johannesburg-based technology startup that develops content and services for Mxit, has unveiled updates to the live weather service that it operates for AfricaWeather Ltd. The new service, which the company claims is the first of its kind to be made available on Mxit, is meant to enhance the existing AfricaWeather offering on the instant messaging platform, and will apparently reach more than 300 000 registered users. “This service will allow users to get live weather updates sent directly to their mobile phones, and represents a major upgrade for what is already a very popular service,” says Kazazoom’s founder and...

  • 2go: SA startup you’ve never heard of crushes Facebook in Nigeria

    South African instant messaging startup 2go is getting some good traction in Nigeria. The company is reporting that it recently crossed the 10 million user mark. That’s a significant number seeing as Facebook has managed to attract just over five-million users in the Nigerian social networking market. The service claims to have more than 21 million registered users in total and is reporting an average of 50 000 new registration per day. Its biggest direct competitor, Mxit reported just over 50 million earlier this year. Nigeria is one of Mxit’s strongest markets, South Africa being its strongest with 10 million...

  • Alan Knott-Craig Jr on birthing World of Avatar, sealing the Mxit deal

    In the third and final extract from his book "Mobinomics", South African entrepreneur Alan Knott-Craig Jr details how he took World of Avatar from concept to company. As was the case with some of his previous ventures, there were speedbumps along the way. At one point Knott-Craig had less than R2 000 to his name and kept the business afloat with emergency loans. Slowly though, things began to turn around, until he was ready to make another play for Mxit: Africa's largest social network. Things began to move at the speed of lightning. Pete’s development team moved to Stellenbosch, bringing...