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Barnes, Kerr finally settle Perpetual dispute


Kerr s company accepts payment from Bath Street Capital to end hostilities.
Long-running litigation between George Kerr’s Pyne Gould Corporation and Andrew Barnes over the sale of Perpetual Trust in 2014 has been settled.
The end of the dispute follows news of
 
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PGC building collapse: A tragedy and a search into night for survivors


The PGC building after the February 22, 2011, earthquake.
Earlier that day, at 12.51pm, the city was shaken sharply and violently by a 6.2 magnitude earthquake.
After the shaking stopped, Richard Hooper, who worked south of the city, immediately headed to the daycare centre where his two young daughters – Aimee​ and Keily​​ – were.
After the September quake, Hooper and his wife, who worked as an account manager for Marac Finance, decided the daycare, near Bealey Ave, would be their meeting point if another quake happened.
Christchurch earthquake victim Amanda Hooper died in the PGC building, where she worked for Marac Finance.
Hooper found his daughters safe, but his wife was not there. He had tried calling her as he headed into the city, but couldn t get through. Hooper put it down to an overloaded network. ....

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Pandemic brings changes to Ash Wednesday services

Pandemic brings changes to Ash Wednesday services
newscenter1.tv - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newscenter1.tv Daily Mail and Mail on Sunday newspapers.

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2021 Budget, Economic Recovery and Fiscal Sustainability


The early passage of 2021 Budget, which for the second consecutive year, effectively returns the country to the January-December budget cycle is a means to an end and not an end itself. The main challenge is how to catalyse economic recovery efforts, and budget execution to significantly contribute towards achieving fiscal sustainability as well as macro-fiscal and sectoral objectives. Ndubuisi Francis writes
It is an unassailable fact that Nigeria is buffeted by a deepening macroeconomic challenges, a worsening social and fiscal order. While the economic challenges grow in leaps and bounds, the resources to tackle them appear to be wearing thin. Nigeria’s second quarter 2020 gross domestic product (GDP) contracted by 6.1 per cent although it performed considerably betterthan expected in the third quarter, contracting only by 3.62 per cent, representing an improvement of 2.48 per cent points over the second quarter level. ....

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