Tencent slumped on Friday, putting it in line for its worst week in almost two years, as investors took profit in global technology shares and before the stock’s weighting gets reduced in Hong Kong’s benchmark index. Tencent

MTN South Africa has cut out-of-bundle data rates to 29c/MB for the poor and all other users will in future pay a maximum of 60c/MB. The reductions offer savings of up to 80%, MTN said. The first of two new pricing tiers will see

MultiChoice has hit back at suggestions of improper dealing in its channel supply agreement with the SABC, saying the leaked minutes of a 2013 meeting between the broadcasters show “nothing illegal or improper

Seacom is mulling the idea of building a new, high-capacity subsea telecommunications cable, either along the east coast of Africa, where it already operates a system, or along the west coast. CEO Byron Clatterbuck emphasised

Google has launched a new app for Android to help users view and manage their mobile data usage. The app is designed to help consumers, especially those in emerging markets who are “data constrained”, minimise the

Naspers is planning to invest more in businesses including food delivery to help narrow the valuation gap between Africa’s biggest company and its stake in Chinese Internet giant Tencent. The 33% shareholding in the Shenzhen