Mxit to shut down commercial operations, focus on Reach
Mxit on Friday confirmed that it would shutting down its commercial operations to focus on Reach, its charitable arm...
23 Oct 2015
Image source © Memeburn
CEO Francois Swart is meanwhile set to depart the company he has been in charge of since the departure of Alan Knott-Craig Jr in 2012.
In its statement, the company also confirmed that while its app will still be available for download, the majority of its 30 or so remaining staff would be transferred to Reach - its charitable arm.
The statement confirms what Memeburn's sources have been telling it for some time now...
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