Venezuela’s currency is in free fall. Cryptocurrencies such as bitcoin are going precisely the other direction. And there, President Nicolas Maduro sees a way out of his country’s economic ills. On his Sunday television show, Maduro

Given the explosive allegations made in the last two weeks regarding the basis for the contract between ANN7 and Naspers’s subsidiary MultiChoice, Moneyweb attempted to get the previous communications minister, Yunus

MultiChoice on Friday morning said that it is aware that its deal with ANN7 has caused “real public concern”. The broadcaster’s board has instructed its audit and risk committees to probe the contract. In a statement, MultiChoice

Altron chief financial officer Alex Smith will step down at the end of February 2018 to take up the same role at Net1 UEPS Technologies. Smith had been at Altron for 12 years. Smith replaces Herman Kotze as CFO

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