LAST WEEK'S TOP STORIES ON FTW ONLINE

Brics bank could be SA ’s lifeline – analyst The new Brics development bank could rival the International Monetary Fund (IMF) and the World Bank if it can reconcile its competing agendas. Huge drug bust of ‘abandoned’ hashish More than five tonnes of hashish has been discovered, apparently abandoned, about 30 kilometres west of Maputo, reports the Maputo daily ‘Noticias’. MSC to sell 35% of its container terminal business Mediterranean Shipping Company (MSC) has agreed to sell 35% of Terminal Investment Limited (TIL) to Global Infrastructure Partners (GIP) for a consideration of US$ 1.929bn, the company announced earlier this week Logistics company focuses on woman empowerment Gender disparity in the transportation and logistics sector – where some 81% of people employed are male – is an issue that must be addressed, says CEO of the Bridge Shipping Group, Colin Emanuel. Shipping line further simplifies freight charges Following positive customer feedback from its recent simplification of ocean freight surcharges, Maersk Line is now moving into phase II – the simplification of local surcharges.