Bayern Munich won’t sell Thomas Muller to Man United, talkSPORT told

first_imgGerman football expert Raf Honigstein claims Thomas Muller will stay at Bayern Munich this summer – because there would be riots if the Bundesliga giants sold the striker to Manchester United.The World Cup winner has been linked with a move to the Red Devils, who have reportedly seen a €100million bid rejected by Munich.Teammate Philipp Lahm admitted on Tuesday ‘things can happen very quickly in football’, heightening speculation the 25-year-old could move to the Premier League in the transfer window.But, speaking to talkSPORT, Hongistein believes the four-time Bundesliga winner will NOT end up at Old Trafford next season.“I don’t think there’s any realistic chance Bayern Munich will let Thomas Muller leave,” he told Hawksbee and Jacobs.“There’s even a suggestion that the latest bid from Manchester United was leaked by Bayern, just to say, ‘we are Bayern, the bids are coming in and we are saying no regardless’.“If there was something serious going on they would be very careful to keep it quiet because politically it’s dynamite. If they let Muller go, there would be riots in the streets of Munich.”last_img read more

MTN launches R8.1bn shares scheme

first_imgMTN is implementing Zakhele, its BEE deal. (Image: Bongani Nkosi) MTN, the biggest mobile phone operator in Africa, has finally launched its R8.1-billion (US$1.1-billion) broad-based black economic empowerment (BEE) shares scheme in South Africa.This is welcome news for current and potential investors, as the deal has been on the cards for two years now and looked set to be plagued by further delays in July 2010, when it was announced there were “severe constraints in financial markets”.The name of the new BEE scheme is Zakhele, which means “built it yourself” in local Nguni languages. It came into effect on 30 August.MTN is inviting share applications from previously disadvantaged black South Africans, which by law includes African, coloured, Indian and Chinese citizens. Individuals and groups can apply for shares.The 4% equity deal will increase the group’s BEE ownership, which currently stands at 29.9% when combined with its other economic empowerment initiatives like the Asonge scheme facilitated by the National Empowerment Fund in 2007.MTN Zakhele is the largest empowerment deal in South Africa’s telecommunications industry history, following Vodacom’s R7.5-billion ($1-billion) BEE scheme in 2008. The Vodacom deal also targeted previously disadvantaged black South Africans and benefited the group’s partners, Royal Bafokeng Holdings and Thebe Investment Corporation.“MTN believes that broad-based BEE participation is important to its future success as a group,” MTN president and CEO Phuthuma Nhleko said in a statement.The group has supported black empowerment since 1994 and will seek to provide long-term and sustainable benefits to black South Africans, Nhleko said.“It is for this reason that we have structured the new MTN BEE transaction through an offer to the black public, acting as far as possible within the letter and the spirit of the codes and empowerment requirements for South African businesses.”Karel Pienaar, MTN South Africa managing director, said in July that the empowerment transaction “will enhance MTN SA’s BEE credentials and supplement other areas of the BEE scorecard such as preferential procurement, skills development, employment equity and enterprise development”.Black investors who qualify for the scheme are being offered shares at R20 ($2.70) apiece. The minimum investment amount is 100 shares, which is worth R2 000 ($270).MTN and the Public Investment Corporation have made 75-million shares available through the Zakhele scheme, which is planned to run for six years.MTN black employees will also benefitThe group said it will offer about 0.1% of its issued share capital to its Employee Share Ownership Plan to benefit BEE-eligible employees. Management and directors of the JSE-listed company will not be allowed to participate in this scheme.MTN is a big player in South Africa and creates stiff competition for other local operators like Vodacom and Cell C. It’s a multinational firm, operating in 21 African countries and the Middle East. In 2006 it had 40-million subscribers, and this number has been growing ever since.last_img read more

Quiz Results: The Nature Lover

first_img SharePrint RelatedHike or seek this seasonSeptember 17, 2019In “News”Geocaching in Harmony with Nature (Part 2)November 23, 2013In “Community”New tools for your next trip into the great outdoors!January 17, 2017In “News” You are…The Nature Lover!You were voted “most likely to see Bigfoot” in your high school yearbook. You live for the days you can get out on the trail and leave civilization behind. Trail mix and energy bars are your go-to snacks.  You are happier spending all day hiking for just one (preferably T5) geocache than you would be finding 100.You’ll love this geocache: Apollos Pool with the Million Dollar View (GC13VNK)Your ultimate geocaching tools:Heading out for a day of hiking? Be prepared! Create a Pocket Query to find all the geocaches on the trail in advance. You can then download up to 1000 geocaches to your GPS, or they will automatically appear in the Geocaching App when they are ready for download.Using the Geocaching App? Make sure to save your geocaches in advance so that you can access them when you are out of cell range. To do so, create an Offline List in the Geocaching App for Android or iPhone.Quick Tips for the Great Outdoors:The woods are great, but making it home is nice too. Check out these 7 Safety Tips to Keep You Healthy, Happy, and Cool as a Cucumber out on the Geocaching Trail.Hide and find geocaches in a way that makes Mother Nature proud with this environmentally-friendly advice.Do you have additional tips and tricks for your fellow Nature Lovers? Tell us about them in the comments below. Don’t think this geocacher type fits you? Try taking the quiz again!Share with your Friends:Morelast_img read more