Banks present crisis plan to Fed

NEW YORK. — US banks have given a proposal to federal regulators on how to pay for restructuring the country’s too-big-to-fail institutions in the event of a future crisis, the Wall Street Journal reported, citing people familiar with the conversations.

Euro-area bonds slump

PARIS. — European Union leaders will this week attempt to stave off a resurgence of market tremors following a breakdown in talks on setting up unified banking rules.
Euro-area bonds slumped, led by Spain and Italy, after negotiations among the 27-member bloc’s finance ministers stalled over the weekend in Luxembourg. They failed to

Delta to seek share buy back approval

Business Reporter
DELTA CORPORATION, the country’s largest company in value terms, will seek shareholders’ approval at the next annual general meeting to buy back at least 10 percent of its issues ordinary share capital.

Handling hazardous substances

Hazardous substances, due to their toxic, corrosive, irritant or flammable nature, should be handled with extreme care, with strict adherence to all necessary precautions regarding their use in the workplace.

‘Kiriboni’ now a comedy

Problem Masau Arts Correspondent
THE National Arts Merit Award-winning film, “Kiriboni”, has been turned into a comedy “Kiriboni — The Menace”.
“Kiriboni” won an award for the best actor, film and television in the 2012 National Arts Merit Awards held in February this year.

Motamma, Betty get eviction boot

AFTER four weeks in the game, Botswana’s Motamma has been evicted.
Not even a pretty face or sexy body could keep The Chase’s resident cutie Motamma from getting the eviction boot. After a gruelling week of voting, Africa decided to save

Dlamini joins ‘Generations’

ACTOR Luthuli Dlamini has joined South Africa’s biggest soapie, “Generations”, and will fill the shoes of a new character who is said to be well-travelled and charming.
Dlamini, better known to soapie lovers as Stan Nyathi from his role in “Scandal!” has been given a major part in the popular soapie.

Our country needs healing, says SA actress Lindiwe Ndlovu

WE chat to actress Lindiwe Ndlovu, the lead character in the South African-produced film “Little One”.
A month before the opening, she bagged a Safta award presented by the suave American actor Samuel L. Jackson for best actress in a feature film.

Anchor business success on ethics

THERE are a number of attributes that must inform the character of a successful business, and among these are servant leadership, meeting reasonable stakeholder expectations, customer satisfaction, and embedding ethics in company strategy, securing community goodwill and caring for the natural environment.

CFI finds investment partner for Suncrest

AGRO-INDUSTRIAL concern CFI this week expects to conclude an investment deal for its poultry division, Suncrest in a joint venture that will return the company to profitability.
A source close to the negotiations confirmed to New Ziana that a deal was in the offing in the next few days.

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