LAST WEEK'S TOP STORIES ON FTW ONLINE

Hamburg Süd finalises takeover On March 27, Hamburg Süd finalised the takeover of the container activities of Compania Chilena de Navegacion Interoceanica (CCNI) – including the general agency functions of Agunsa Agencias Universales (Agunsa). Saudi Arabia bans SA catfish imports The Saudi Arabian Ministry of Agriculture has temporarily banned the import of live catfish from South Africa due to an outbreak of Epizootic Ulcerative Syndrome EUS), reports online daily newspaper, Alriyadh News. Mugabe defiant on 51% ownership law Zimbabwean president, Robert Mugabe, has defended his government’s drive to take majority control of foreign-owned companies, saying “investors must pay for exploiting Africa’s mineral wealth”. Capespan buy-out mooted South African agribusiness investor Zeder has confirmed plans to buy out the minority shareholders in Capespan, in which it already holds a majority shareholding. Construction starts on major Moz bridge and road project Construction of the second bridge over the Pungué River – between the districts of Dondo and Nhamatanda in the province of Sofala, Mozambique – has begun.