adminMicrofinance Bill to benefit SMEs
Blessing Bonga Business ReporterThe Microfinance Bill currently before Parliament will mitigate funding challenges facing micro, small and medium enterprises once passed into law, Reserve Bank of Zimbabwe Deputy Governor Dr Kupukile Mlambo has said.
CBZ hails Afreximbank
Golden Sibanda Senior Business ReporterCBZ BANK has received a cumulative US$545 million from the African Export and Import Bank (Afreximbank) since 1998 for on-lending to local companies.
CBZ Holdings group chief executive Dr John Mangudya said the financial assistance CBZ received had enhanced liquidity and minimised funding challenges in the economy.
rory hits back at critics
GULLANE. – Rory McIlroy struck back at critics yesterday, insisting his game was “heading in the right direction” on the eve of the British Open golf tournament and asking “what’s the big deal?” about his recent slump.
British Open preview
GULLANE, United Kingdom. – The British Open golf tournament returns to Muirfield for the 16th time starting today, with two straight weeks of sunshine having turned the famed Scottish links into a firm, fast and furious test for the best.Injury rules out Yohan Blake
KINGSTON. — Reigning world 100m champion Yohan Blake has withdrawn from August’s World Athletics Championships in Moscow with a hamstring injury.The 23-year-old Jamaican pulled out of his country’s national championships last month having been troubled by the injury since April.
Latest on Suarez
LONDON. — Luis Suarez’s camp are praying Real Madrid or Arsenal will pay £40million for him to end any disputes over his contract clause.Liverpool maintain they only have to listen to offers for Suarez at £40m; the feeling is that it would take a fee of around £50m to buy the Uruguayan.
Aussies bid for Ashes parity
LONDON. — After just a three-day break since England’s thrilling 14-run win over Australia in the first Test at Trent Bridge, the Ashes cricket rivals will meet for the second of a five-match series at Lord’s today.Atletico Madrid dangle £17,5m for cazorla
LONDON. — Spanish soccer side Atletico Madrid have launched an ambitious £17,5 million move for Arsenal star Santi Cazorla.The club’s chief executive Miguel Angel Gil Marin was in London on Tuesday night trying to persuade Arsenal to part with the 28-year-old midfielder.
United reject Chelsea offer for Rooney
LONDON — Manchester United rejected Chelsea’s opening offer for Wayne Rooney on Tuesday night and remain insistent the England striker is not for sale.
Chelsea offered £10m in cash plus a player, either Juan Mata or David Luiz, in part exchange for the 27-year-old.
Telecel leads the pack
Tonderai Rutsito TechSpot
Since the beginning of the year Telecel has shaken the market with a number of intriguing promotions that have attracted a lot of attention.
While other cellphone service providers have also run their own promotions, Telecel’s promotions have stood out because they have gone beyond their own network borders.