adminEconomy recovers from US trade deficit
ZIMBABWE recorded a trade surplus of $32 million in its trade with the United States in the first nine of the 2013, official data shows. The figures show a recovery…
Germany set to grab top social networking spot from UK
THE UK will lose its spot as the top social networking country in western Europe by the end of 2014, with Germany set to push the British into second position,…
JPMorgan agrees $13bn payout
WASHINGTON – JPMorgan Chase admitted it regularly overstated the quality of mortgages it sold to investors and agreed to pay a record $13 billion to resolve related charges, federal officials…
Sony monitors PlayStation ‘issues’ as sales top one million
TOKYO — Sony Corp sold more than 1 million PlayStation 4 consoles in North America during the first 24 hours of sales, though the company said some buyers reported glitches…
E-tolls to put spoke in wheels of Gauteng’s festive season
PRETORIA — The South African National Roads Agency (Sanral) has the capacity and ability to manage and implement e-tolls in Gauteng, which motorists will start paying from 3 December, Transport…
Glencore Xstrata to invest $100m in South Africa’s coal sector
MINER and trading house giant Glencore Xstrata is going full-speed with its plans to boost coal production in South Africa, and said it’s poised to invest close to $100 million…
Bank of England officials voted unanimously
LONDON — Bank of England officials voted unanimously to keep policy unchanged this month and said a record-low interest rate may be needed even after unemployment falls to the threshold…
SA’s Pistorius hit with two more gun charges
JOHANNESBURG — South African Paralympic champion Oscar Pistorius has been formally charged with two extra gun-related offences, prosecutors said yesterday.
World powers, Iran in new attempt to reach nuclear deal
BIG powers resumed talks yesterday on a preliminary deal to curb Iran’s nuclear program with Russia and Britain confident a breakthrough could be clinched and Iran spelling out “red lines”…
Mozambique voters undeterred by unrest
MAPUTO — Mozambicans turned out yesterday to cast ballots in local elections despite concerns that an upsurge in political violence would mar voting.