Herman Heunis, founder and CEO, is the driving force behind the company’s growth as he faces the challenges of growing wireless communications in a developing country.

Why did Mxit lose most of its users?

A recent MyBroadband article cites a “well-placed industry” source who said that Mxit now has fewer than one-million active users and is losing 10% of its user base every month. One possible reason for the decline was the promotion introduced by network operator Cell C in 2014 to make instant messaging service WhatsApp free to its users.

What are the challenges facing the IIoT industry?

The main challenge facing by the IIoT use cases in Insurance is that, as an industry, it requires a higher level of privacy and data governance. Insurance organizations are still hardly ready to share data for analytics use cases.

How many people use Mxit in South Africa?

At its peak, Mxit claimed to have 50-million registered users around the globe and 17-million active users in South Africa alone. By July 2014, the last time Mxit released any official user numbers, the latter number had plummeted to 4.9-million.

Why did the company Mxit close its doors?

Competition from other social platforms such as Blackberry Messenger, and, later, WhatsApp and Facebook Messenger along with Mxit’s own lack of technological advances in the social arena attributed to the company’s closure.

How many users does Mxit have in South Africa?

Mxit reaches 7.5 million users, of which 6.5 million are from South Africa. The company plans to reach 50 million users by the end of the year. On average, Mxit said its users logged on seven times a day and spent an hour on the service. Most (60%) users were 18-25 years old.

Who is the chairman of the Board of Mxit?

Former First National Bank CEO Michael Jordaan was announced chairman of the Mxit board in September 2013. The shutting down of Mxit was announced on October 23, 2015 in a public statement by the company after user numbers dropped dramatically over the last 2–3 years.

Why was there so much chaos on Mxit?

While Marshall acknowledges that there was a little bit of organised chaos, largely down to each of the World of Avatar CEOs wanting a slice of Mxit’s resources, he says he was inspired by the sense that Knott-Craig was there to knock down all the old walls at Mxit and was willing to try new things. He’s not alone either.