adminChina’s annual inflation rises
BEIJING. — Chinese inflation accelerated to 2,7 percent in June, official data showed yesterday, but analysts cautioned demand remained weak and growth in the world’s second-largest economy may have slowed further. The year-on-year figure for the consumer price index — a main gaugeCapitalisation: BAZ banks on RBZ
Golden Sibanda Senior Business ReporterTHE Bankers’ Association of Zimbabwe is hoping that Reserve Bank of Zimbabwe Governor Dr Gideon Gono will review his position on the new minimum capital requirements for banking institutions. The banking industry lobby group is rooting for what it has termed “the best
Nyambirai to appease minorities
Martin Kadzere Senior Business ReporterTHE Zimbabwe Stock Exchange is “pressing” Lifestyle Holdings Limited to make a mandatory offer to minority shareholders of Pelhams Limited, sources familiar with the developments have said. This is after the Mr Tawanda Nyambirai’-owned LSH gained a controlling 55
Will Paulinho spark interest?
RIO DE JANEIRO. — With Brazil’s Paulinho joining Tottenham and Argentina’s Gonzalo Higuain heavily linked with Arsenal, some top-class South American talent is heading to the Premier League’s north London clubs. Paulinho, 24, who joined Spurs for £17 m fromMan City abandon Pepe pursuit
LONDON. — Manchester City have abandoned their £15million pursuit of Real Madrid centre back Pepe after he was persuaded to stay at the Bernabeu by new manager Carlo Ancelotti. However, they are considering reviving interest in Fiorentina striker Stevan Jovetic as JuventusClass of ‘92 paints town red
MANCHESTER. — Manchester United’s famed class of ‘92 were reunited as David Beckham, Ryan Giggs, Gary Neville, Phil Neville, Nicky Butt and Paul Scholes enjoyed a night out.The six United legends had a lot to catch up when they met up at the Artisan Bar & Restaurant in
Nigerian clubs suspended
LAGOS. — Four clubs involved in two play-off matches that ended 79-0 and 67-0 respectively — a total of 146 goals — have been suspended in Nigeria.Plateau United Feeders were 79-0 victors over Akurba FC while Police Machine FC demolished
Paul Gascoigne rushed to hospital
LONDON. — Former England cricketer Ronnie Irani has urged people not to lose patience with Paul Gascoigne after the ex-football star was reportedly involved in a drunken disturbance on Monday. Gascoigne was taken to hospital after police were called to a London hotel. Irani helped paySuarez flattered by Gunners’ interest
LONDON. — Luis Suarez has sensationally admitted he is flattered by shock interest from Arsenal, despite citing the English media as reason for him quitting Liverpool.“It is good to know that I am still valued by teams like Arsenal. Friends call me up to ask if I am
Chelsea launch Rooney bid
LONDON. — Chelsea will match Wayne Rooney’s £240 000-a-week wages in a five-year deal worth a staggering £60million — if he can force his way out of Manchester United.Rooney is Jose Mourinho’s first-choice transfer target and the Chelsea manager has