adminKeeping US rates low for long risky, says Bullard
BEIJING. — US interest rates being kept too low for too long could cause financial instability in future and stronger market expectations for a rate rise are “probably good”, St…
Harare to get water from Manyame
Innocent Ruwende Municipal Reporter Harare City Council is set to start drawing water from Lake Manyame after replacing a faulty valve that was preventing the city from accessing water from…
Ecobank, Old Mutual sign enhanced agreement
Business Reporter Ecobank Transnational Incorporated, parent company of the Ecobank Group and Old Mutual Emerging Markets, a unit of Old Mutual Group, have announced an enhanced strategic agreement to strengthen…
Mourinho’s war chest
LONDON. — Jose Mourinho will be handed a £200m transfer war chest to turn Manchester United into English Premier League soccer champions next season.
Xhaka agrees Arsenal deal
LONDON. — Granit Xhaka has agreed a five-year deal with Arsenal. The Switzerland international arrived in London on Friday to complete his £33m move to the Emirates Stadium.
PPC shares dip more than 20pc on downgrade warning
JOHANNESBURG. – PPC shares crashed as much as 22 percent to their lowest level in more than 10 years yesterday, dealing a blow to the cement maker’s plans to shore…
Net financial inflows to Africa decline 1,8pc: AfDB
Business Reporter NET financial inflows to Africa declined by 1,8 percent last year due to contraction in investments, according to latest figures released by the African Development Bank. In its Economic…
Uncertainty over MTN fine discussions
Business Reporter Government has launched the second gold monitoring and surveillance exercise for the year as it seeks an increase of deliveries to Fidelity Printers and Refineries. Mines and mining Development…
Centrals destroy Power Turbines
OPENING batsman Bright Njanji plundered a double century to help Centrals condemn Power Turbines to a colossal 345-run routing in the 2016 Associate Provincial League semi-final played in Bindura on…
Semenya shines in Rabat
RABAT. — South Africa’s Caster Semenya won the 800m at the Diamond League meeting in Rabat, Morocco — the first to be held in Africa on Sunday.