The Organisation for Economic Cooperation and Development says the world economy is near the bottom of the worst recession in post-war history. The body that represents the 30 most industrialised nations said that those economies would shrink 4.1 per cent this year. But it adds that recovery is likely to be “weak and fragile” for some time.

“We know South Africa will deliver on his expectations… and more’ Roshene Singh, CMO at South African Tourism
ROBERT Crozier, a New Zealand national arrives in South Africa in early September to take up his prize as winner of the South African Tourism, BBC World ‘Journeys’ global marketing campaign.

Doha_based national carrier, Qatar Airways, has signed a firm contract for 24 Airbus A320 Family aircraft. The agreement includes the firming up of a contract for four A321 aircraft announced at the Farnborough Air show in July 2008.

For the only surviving three local carpets and rugs manufacturers not to go the way of Michelin and Dunlop, there’s need to protect the industry from collapse, reports Franklin Alli

The declining fortune of quoted companies continued Tuesday, as the value of listed equities on the Nigerian Stock Exchange (NSE) plunged further by N163.38 billion.