Zambia recall Katongo, Chansa

LUSAKA. — Zambia have drafted in 2012 Nations Cup winners Christopher Katongo and Isaac Chansa to their preliminary squad for the Africa Nations Championship.

Top Football figures rap Blatter, Platini

ZURICH. — Leading figures in football hit out at the disgraced Sepp Blatter and Michel Platini after they were handed eight-year bans from the sport. FIFA president Blatter and UEFA president…

Jose’s pay cut

LONDON. — Jose Mourinho is willing to take a £16m pay cut to become Manchester United manager. The former Chelsea boss is desperate to take charge at Old Trafford if United…

Del Bosque to quit

MADRID. — Spain coach Vicente del Bosque confirmed on Monday that his retirement is “close” and that next year’s European Championship is likely to be his last major soccer tournament.

Bryant targets Rio Games

WASHINGTON. — Kobe Bryant says he’s not pushing to play on the US Olympic basketball team in Rio, but the retiring Los Angeles Lakers guard said on Monday it would…

Developing a savings culture

Sanderson Abel Saving entails setting a fraction of income aside for future use, thereby transferring resources over time. It facilitates consumption smoothing, which is particularly important in developing countries where incomes…

Blues eye Guardiola

LONDON. — Chelsea will go all out to get Pep Guardiola as their next manager. The Spaniard is the No.1 target for Blues owner Roman Abramovich who sacked Jose Mourinho last…

China to facilitate steady growth in 2016

The Chinese central government will make fiscal policy more forceful and monetary policy more flexible to keep growth within a proper range in 2016, with an emphasis on structural reforms,…

Why emerging markets contained Fed rates hike

Almost two years ago, when the Fed did no more than suggest it might raise rates at some point in the not-too-distant future, emerging markets assets were roiled so badly…

Sexwale appears before US grand jury

LONDON. — FIFA presidential contender Tokyo Sexwale appeared before a US grand jury to testify about an alleged $10 million payment South Africa made to Jack Warner, a former vice…

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