LAST WEEK'S TOP STORIES ON FTW ONLINE

SA company in US$150m power project in Burundi South Africa’s private sector should not shy away from taking advantage of the unlimited investment opportunities that exist in various African countries, said deputy minister of trade and industry, Elizabeth Thabethe. She was speaking during a recent visit to Megratron Federal Company – a power generation, transmission and distribution company based in Chloorkop, near Tembisa – which is involved in a US$150 million project in Burundi to establish two hydroelectric plants. Zimbabwe to be left further in the dark Zimbabwe will suffer longer and more frequent power shortages for the next 10 years, according to a senior official, reports Zimbabwe News. Stricken ship still hunting for a safe haven Firefighters have re-boarded the MSC Flaminia after a week-long absence from the stricken container ship which was hit by an explosion in the middle of the Atlantic Ocean more than three weeks ago. Zimbabwe’s first lowcost carrier set for take-off The first low-cost Zimbabwe airline is set to take to the skies in September. This follows the conclusion of a joint venture agreement between 1time Airline and Nu-Aero, trading as Fresh Air, a registered Zimbabwean company. Fresh Air is jointly owned by Zimbabwe’s Nu.Com and 1time holdings. Durban to host summit on African ports and terminals The second ‘Maximising African Port Capacity Summit’ to be held in Durban from May 22-23 next year will address the fundamental issues faced by African ports and terminals in order to present an efficient and attractive option to the shipping lines.