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After stress tests, banks seek to shed US aid

A growing number of banks are eyeing quick repayment of US government capital injections after "stress tests" showed major lenders are healthy.
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World economic storm hits Uganda safari tourism

As the sky begins to bruise, an indigo haze descends on Uganda's "mountains of the moon", and a solitary lioness limps through the savannah.
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China adds weight to hopes global economy turning

China's manufacturing sector posted its best performance in nine months in April, offering fresh evidence the global economy may be picking up.
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Asia urged to rethink growth policies

Asia's governments must spend more on social safety nets and reduce their reliance on export-driven growth as they grapple with an economic meltdown.
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US small businesses dig in heels as recession bites

Vanessa Baug knows as well as anyone how the recession has ushered in a new era of frugality for Americans.
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Chrysler to file for bankruptcy

Chrysler will file for Chapter 11 bankruptcy on Thursday after talks to restructure its debt with bondholders collapsed, a government official said.
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G7 signals worst of world recession may be over

Finance chiefs from the G7 powers said on Friday the global economy may be past the worst phase of a recession although recovery was not yet assured.
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World economy in severe recession, IMF says

The International Monetary Fund said on Wednesday the world economy has fallen into a severe recession, cutting its forecast for global growth.
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Presidency expects job market to take a knock

Significant progress in creating jobs -- with the country's 1,2% current growth rate -- was not expected this year, the Presidency said on Thursday.
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'Friends don't let friends suck-up'

Whether it's called buttering up the boss, brown-nosing or sucking up, experts say ingratiating behaviour is bound to be on the rise in the workplace.
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Sponsored Press Releases

Business takes slack approach on mobile devices
ITWeb
Ipsos announces Quality Award winners 2012
Ipsos
mapIT supports AVIS Unogwaja Challenge
MapIT
Unshaped ADSL with static IP address
OpenWeb
Agile methodology - how to get more done, with less, for less and still keep everyone happy
DST Global Solutions