LAST WEEK'S TOP STORIES ON FTW ONLINE

New transfer duty system into action on November 1 SA Revenue Service has announced that with effect from November 1 it will be mandatory to use the new Transfer Duty system to submit Transfer Duty declarations. Hong Kong Customs smashes major ivorysmuggling ring A recent anti-smuggling operation launched by Hong Kong Customs has smashed a major ivory smuggling ring. The good news story – or is it? After the slowdown in economic growth to 2.5% this year, the minister of finance sees the local economy posting growth of 3% next year and 3.8% in 2014, according to Luke Doig, senior economist at Credit Guarantee Insurance Corporation. New device monitors tyre pressure A new device that helps drivers to ensure that their tyre pressure is always correct has just been launched. Transnet posts positive results Transnet Freight Rail was paraded as the ‘operational highlight’ – with 19% growth in the automotive and container unit – when Transnet SOC announced a positive set of results for the half-year to 30 September 2012.