Velvet Sky liquidators reveal startling figures on liabilities The joint liquidators appointed to oversee the liquidation of Velvet Sky show that the airline’s liabilities exceeded its assets by 868 times. ‘Closer to consensus on e-tolling’ The Gauteng e-tolling system will soon be a reality. Grindrod/Vitol deal gets competition boards’ approval The European and SA competition authorities have approved the transaction announced in March 2012. Lonrho changes the hands at the helm Lonrho, the Europeanbased conglomerate, has announced a change in top management – and added fresh blood with an American tint. Petrol price to rise The petrol price among all grades of petrol is to rise by between 21 and 23 cents in October, the Energy Department said on Friday.
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