Last Week's Top Stories on FTW Online

Logistics major
begins search for
new CEO
The Grindrod Limited
board has begun the
process of appointing a
new CEO following the
announcement that Alan
Olivier will step down
on July 31 after 10 years
at the helm, taking early
retirement to “pursue
personal interests”.
More than 30
properties on
offer in the Port of
Durban
Transnet National Ports
Authority in the Port of
Durban is offering new
lease agreements for more
than 30 properties and
operational sites in the
port’s ship repair and
Bayhead precincts.
Zimra appeals to
government for
Beitbridge border
upgrade
Inadequate infrastructure
at the Beitbridge border
post – one of the busiest
borders in southern Africa
– makes it “challenging”
to implement border
management systems
effectively, said Zimbabwe
Revenue Authority
(Zimra) regional manager
for Beitbridge, Batsirai
Chadzingwa.
Mining producers
throw down the
gauntlet ahead of
gazetting of Mining
Charter
While details around the
third draft of the Mining
Charter – set to be gazetted
this week – remain sketchy,
unconfirmed reports are
that the designation of
certain minerals may give
the government discretion
over export duties and
preferential domestic
pricing.
Port congestion
causes cargo
oversupply
Cosco Shipping Lines
has warned that serious
congestion at the port of
Chittadong, Bangladesh,
has resulted in overstocked
cargoes sitting at the Port of
Singapore.
Stabilising
commodity prices
and uptick in
manufacturing drives
global growth
Global economic growth is
projected to strengthen to
2.7% in 2017 as a pick-up in
manufacturing and trade,
rising market confidence,
and stabilising commodity
prices allow growth to
resume in commodityexporting
emerging market
and developing economies.