LAST WEEK'S TOP STORIES ON FTW ONLINE

Liquidations and job

losses set to rocket –

CGIC

As the economy slowly

loses traction, the risk of

payment defaults is spiking

at the rate last recorded in

2009, according to Luke

Doig, senior economist at

Credit Guarantee Insurance

Corporation (CGIC).

Drought expected to

hit citrus exports

South Africa’s drought is

expected to hit the citrus

industry this year, reducing

the citrus harvest and

resulting in smaller-sized

oranges that will be harder

to sell to the country’s main

export markets, according

to the Citrus Growers’

Association (CGA).

The happiest countries

in the world

Denmark is the world’s

happiest country, according

to a report prepared by the

Sustainable Development

Solutions Network (SDSN)

and the Earth Institute at

Columbia University.

Global logistics

specialists descend on

Cape Town

Around 90 high-level

international agents and

logistics specialists will be in

Cape Town later this month

for the annual conference of

global network JCiLO.

NileDutch acquires

Safmarine MPV’s

Europe to West Africa

services

West African specialist

container line, NileDutch,

has acquired the Europe

to West Africa services

and operations of

Safmarine MPV.