adminWB crafts Zim plan
Business ReporterTHE World Bank has devised a three-pronged new interim strategy note for Zimbabwe covering the period 2013-2015 in an attempt to breathe life into the stagnating economic growth.
Eurozone economic crisis eases
BRUSSELS. – The economic crisis in southern Europe may be easing, a key survey signalled yesterday, but unemployment figures showed the eurozone jobless rate hit a previous record-high of 12,1 percent in May.Chinese manufacturing index hits nine-month low
BEIJING. – Chinese manufacturing activity contracted further in June, data showed yesterday, with a closely watched survey hitting a nine-month low and adding to signs of weakness in the world’s second-largest economy.Siemens sells stake to Nokia
BERLIN. – Finnish telecoms equipment maker Nokia is buying the half stake owned by German engineering giant Siemens in their mobile broadband venture NSN for US$2,2 billion, Nokia said yesterday.AirAsia in expansion drive
MUMBAI. – Asia’s largest budget carrier AirAsia outlined plans yesterday to aggressively grow its Indian joint venture, including adding 10 planes a year and focusing on flying new routes.Bolt, Maria depart
AS Bolt’s name was announced for eviction, you could see the sadness in the faces of his fellow Chasemates.Some even cried as the countdown to him leaving the house started. Natasha held on to him like it was the end of her world.
Magacha launches fifth album
Tendai Rupapa Entertainment ReporterGOSPEL musician Sebastian Magacha launched his fifth album “Back to Sender,” last Saturday at a colourful event held at the 7 Arts Theatre in Harare.
Score of people from all walks of life thronged the venue to witness Magacha’s live DVD recording.
Rooney for Arsenal
LONDON. — Jack Wilshere believes if Arsenal were to sign England team-mate Wayne Rooney it would strike fear into the hearts of their Barclays Premier League title rivals.
The Gunners are set to be busy in the summer transfer window, with the confirmation of the free transfer of France Under 21 attacker Yaya Sanogo set to be shortly confirmed now
Chelsea upbeat
LONDON. — Chelsea chairman Bruce Buck has heralded a “bright blue future” after hailing the club’s transformation in a decade under the ownership of Roman Abramovich.Buck insists Abramovich is not about to walk away, “bored” with his football team, despite predictions to the contrary when the Russian arrived at Stamford Bridge in 2003.
Army gives leader 48-hour ultimatum
CAIRO. — Egypt’s powerful armed forces issued a virtual ultimatum to Islamist President Mohamed Mursi yesterday, calling on the nation’s feuding politicians to agree on an inclusive roadmap for the country’s future within 48 hours.