Mxit CEO steps down
Alan Knott-Craig Jnr has stepped down from his position as CEO of mobile social network Mxit.
Knott-Craig said he and the shareholders had differed on strategy, and wished the company well.
CFO Francois Swart will act as CEO until a new appointment is made.
Mxit is reported to have over 10 million subscribers and is active in 128 countries.