adminEuropean stocks drop
LONDON. – European shares fell yesterday as investors awaited testimony from US Federal Reserve chief Ben Bernanke for fresh clues to the outlook for stimulus policy, dealers said.
Ethiopian Airlines buys 49pc stake in Air Malawi airlines partner
Business Reporter
Ethiopian AIRLINES has announced that it is now the strategic partner of Air Malawi after acquiring 49 percent equity in the latter.
The remaining 51 percent is held by the Malawian government and Malawian private investors.
Editorial Comment: Deal with the log in your eye first, Uncle Sam, leave the twig in ours
THE government of the United States of America is at it again, playing the emperor in our internal affairs. As we report elsewhere in this issue, on Tuesday US State Department spokesperson Patrick Ventrill said the Obama administration was “deeply concerned about the lack of transparency in electoral preparations, the continued partisan
Strides in China’s nuclear power tech research
BEIJING. – China has made great strides in the technological research into the control rod drive mechanism, a key piece of equipment for nuclear power plants, according to a ministry statement issued yesterday. The Ministry of Science and Technology made the announcement in a brief statement, citing progress made in a government-fundedTelecel offers smart phones on credit
Business ReporterTelecel is offering smartphones and iPads on credit combined with any one of its Telecel Red packages.
The mobile devices are available on credit on 11-month or 24-month contracts for subscribers on any of the three Telecel Red packages.
Women, Christians sworn in in Egypt’s new Cabinet
Cairo. – Egypt’s interim leader swore in a Cabinet on Tuesday that included women and Christians but no Islamists as the military-backed administration moved swiftly to formalise the new political order and present a more liberal face that is markedly at odds with the deposed president and his supporters. The changes came at a time of deepSmartphone war hots up in India
High-END electronics makers face a big riddle in India: How do you serve a massive group of people that wants to buy your products but is nowhere close to being able to afford them? The correct answer could be lucrative.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.
Mandela celebrates 95th birthday in hospital
JOHANNESBURG. – Nelson Mandela is set to spend his 95th birthday in hospital today, but across the world admirers hope to honour their icon’s legacy through millions of acts of kindness. In Mandela’s native South Africa, biker gangs will clean streets, volunteers will paint schools and politicians will spend 67 minutes on worthy projects in a tidal wave of
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.