Tencent Music’s earnings meet expectations, but costs hit discordant note

Tencent Music has been profitable at an operating level for the past two years, whereas Spotify only posted its first quarterly operating profit in its history ...

Isabel dos Santos likely to be axed as head of Angolan telecoms firm

Shareholders with as much as 75% of Unitel are likely to vote for the removal of Africa's richest woman, independent economist Antonio Estote says

Laying a foundation for the digital economy

SPONSORED | Telecommunications drives economic growth in SA

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Naspers aims to spend $1bn in India in 2019, source says

Naspers is the largest shareholder in Tencent and has about $9bn in cash after trimming its stake in 2018 and selling Indian's Flipkart to Walmart

MTN’s share rally could continue, say analysts

Market is pleased to see that MTN’s debt at the holding company level has fallen dramatically

SA’s healthcare industry needs to harness the power of technology to improve outcomes

SPONSORED | The effect of technology on the healthcare industry was the focus of a Business Day Dialogue with Life Healthcare

Altron appoints Cedric Miller as finance chief

Andrew Holden, Altron’s chief operating officer, will step down as acting finance chief at the end of April

Uber in talks to sell stake in self-driving cars to SoftBank

Bank’s Vision Fund and other investors could pump more than $1bn into the unit

MTN-backed Jumia files for IPO in New York

Jumia offers online shopping and payment services, and says its business is expanding

MultiChoice shares reach their best level yet

The group’s market capitalisation was R52.8bn just before midday on Wednesday

Facebook in talks with banks about mobile payments in Africa

Absa’s chat-banking service, which uses WhatsApp, is doing ‘really well’, the bank says

Google's Page did not get board approval for huge stock grant

Investor complaint reveals company's co-founder later got 'rubber stamp' approval for the $150m stock grant he gave Andy Rubin, the creator of Android mobile ...

Alibaba’s AliExpress signs deal with Safaricom’s M-Pesa

AliExpress.com, run by Chinese e-commerce giant Alibaba, will allow Kenyan shoppers to buy goods on the site using M-Pesa in a matter of weeks

Elon Musk pooh-poohs SEC’s complaint about his Tesla tweet

The SEC wants a court to hold Musk in contempt, saying his February 19 tweet violated a September fraud settlement barring him from sharing material data about ...

Mobile money in Nigeria could be worth R25 a share to MTN, says US bank

The West African country’s has agreed to allow network operators to apply for payment-service banking licences

Nvidia outbids Intel to buy Israel’s Mellanox for $6.8bn

Analysts warn that the US chipmaker is taking a risk buying an asset now

Published by Tiso Blackstar and distributed with the Financial Mail on the last Thursday of every month except December and January.