Pick n Pay’s Ackerman to retire Raymond Ackerman is due to hand over his chairman’s reins at the Pick n Pay group to son and current nonexecutive chairman Gareth Ackerman at the end of this financial year in March 2010. Ackerman’s words have been heard (and often well-supported) by the bulk of SA’s consumer population. He will stay on in an advisory role as ambassador for the company. Cape Town container terminal crisis plan Ever-lengthening delays and documentary and processing difficulties at the Cape Town container terminal (CTCT) have forced the local shipping community to put a crisis plan into gear. Instead of the usual monthly meeting, port users now meet weekly with TPT and TNPA to discuss problems that urgently require attention. SARS warns of new phishing scam The SA Revenue Service (Sars) has revealed that it has become aware of a new phishing scam. E-mails, purportedly from Sars, are sent to members of the public informing them that they are due a refund. To claim the refund the users are directed to a scam website which looks like the Sars website. A message then tells users that “24-hours refund can be made to the listed banks below. If your bank is no (sic) listed, please contact us” and the logos of FNB, Absa, Standard Bank and Nedbank are placed on the page. Users are asked to click on the link of their bank and supply their banking details. To read more about this, please go to website: http://www. sars.co.za Israel Corp on verge of closing deal Israel Corp, the parent of Zim Integrated Shipping Services, is on the verge of closing a financial restructuring deal for the carrier after garnering US$1.4-billion through “understandings and agreements” with banks, bondholders, shipyards and shipowners, which hold 95% of Zim debts. Zim CEO Rafi Danieli said the financial arrangements will help Zim to cash-in on the recovery and return to profitability. Gatwick Airport sold Gatwick Airport, Britain's second-biggest, has been sold to Global Infrastructure Partners (GIP), owner of London City Airport, for the equivalent of R18.46-bn.
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