LAST WEEK'S TOP STORIES ON FTW ONLINE

Gordhan vows to
fight
The latest developments
involving the Minister of
Finance, Pravin Gordhan,
raise “concerns about the
short- to medium-term
stability at the National
Treasury, especially at a
time when the economy
remains fragile”, the
Johannesburg Chamber
of Commerce and
Industry (JCCI) said in a
statement.
18 000 job losses in
June
Of the estimated 67 000
jobs lost in the formal
non-agricultural sector
during the second quarter
of 2016 (Q2), a total of
18 000 of these were in
the transport, trade and
manufacturing sectors.
Zim import ban
furore over – Zimra
The Zimbabwe Revenue
Authority (Zimra)
says the furore that
resulted after the
controversial June 2016
implementation of
Statutory Instrument
(SI) 64 of 2016 – which
restricted the import
of several basic goods
– has subsided, with
several people involved
in protests now working
with government.
2016’s worstperforming
currency
The distinction as the
world’s worst performing
currency this year belongs
to the British pound,
says Bloomberg, after
what traders are calling
a Brexit-fuelled “f lash
crash” that has dropped
the currency to its lowest
level against the dollar in
decades.
Private sector holds
off on proposed
R600bn investment
The private sector has
reportedly earmarked
some R600 billion to
invest in South Africa
but is reportedly loathe
to do so until it sees the
“right commitment”
from government to
grow the economy, create
policy certainty and
address strict investment
regulations.
Ship pilot killed in
vessel transfer
On October 5, on the
River Thames, a ship
pilot with the Port
of London Authority
(PLA) was killed in an
accident while boarding
the ship MV Sunmi – a
4 100-tonne deadweight
(dwt) general cargo ship
f lagged in the Bahamas.