adminGraham salutes Jack
LONDON. — Former Arsenal manager George Graham claims Jack Wilshere is “one of the few world-class players” in Arsene Wenger’s side and has praised the young Englishman calling him a “natural winner”.
US$25m facelift for TM
Golden Sibanda Senior Business Reporter
MEIKLES Limited subsidiary TM Supermarkets will invest US$25 million on transforming its retail outlets to international standards.
In a statement, Meikles Limited said the planned investment comes on the back of an inspiring six-fold increase in pre-tax profits for the 11 months to February 28, 2013.
FNB unveils Zim money transfer service
Cape Town. — First National Bank has announced a money transfer service intended to move money to Zimbabwe more efficiently and at cheaper rates.FNB announced yesterday that it would use cellphone technology that allows for FNB clients living in SA to send money to the neighbouring state.
Zera gives nod to E85 fuel
Kudakwashe Pembere Business Reporter
THE Zimbabwe Energy Regulatory Authority has approved the introduction and sale of a new ethanol blend fuel, E85.
E85 is a blend of 85 percent ethanol and 15 percent unleaded petrol, offering motorists a locally produced, high quality alternative to fossil fuel.
US calls for consolidated growth
BERLIN. – US Treasury Secretary Jacob Lew urged countries with the “capacity” to help spur growth, after talks with his German counterpart yesterday.Lew told a joint Press conference with Wolfgang Schaeuble that the driver of economic growth would be consumer demand, adding “policies that will help drive consumer demand
SAA launches mobile apps
JOHANNESBURG. – In an effort to enhance travellers’ convenience, South African Airways has launched two new mobile applications that give customers access to comprehensive travel and airline information on the go.Malawi grants Canada mineral exploration licence
LILONGWE. – Malawi has granted Mkango Resources, a company listed in Canada, a two-year mineral exploration licence (Exclusive Prospecting Licence) valued at US$7 million.The prospecting licence is for the company’s flagship Songwe Hill Rare Earth project, in Phalombe, southeast Malawi.
Google under fire over Android phones
BRUSSELS. – Google was in the firing line again yesterday after a group of major companies, including Microsoft and Oracle, complained to the European Commission over Google’s offerings for Android-powered mobile phones.Telecel slashes tariffs
Business ReporterTelecel Zimbabwe has launched a new promotion that reduces the cost of off-peak calls to less than US$0,01c per minute, removes charges for text messages and allows data to be accessed at US$0,03c per megabyte.