This Is Why Mxit Is Shutting Down

It was announced last week Friday and yes, Mxit is shutting down!

Mxit said on Friday that it is shutting down its commercial operations and donating all of its intellectual property and technology assets to independent public benefit organisation ‘The Reach Trust’.

Mxit’s fall as a commercial service has come amid intense competition from international offerings such as WhatsApp and Facebook.

Arthur Goldstuck, managing director told Fin24 that Mxit’s fall in user numbers started with the emergence of BlackBerry Messenger (BBM) about five years ago

Mxit, in its statement, said its application would still be available to the public as a download