LAST WEEK'S TOP STORIES ON FTW ONLINE

Velvet Sky liquidators
reveal startling
figures on liabilities
The joint liquidators
appointed to oversee the
liquidation of Velvet Sky
show that the airline’s
liabilities exceeded its
assets by 868 times.
‘Closer to consensus
on e-tolling’
The Gauteng e-tolling
system will soon be a
reality.
Grindrod/Vitol deal
gets competition
boards’ approval
The European and SA
competition authorities
have approved the
transaction announced in
March 2012.
Lonrho changes the
hands at the helm
Lonrho, the Europeanbased
conglomerate, has
announced a change in
top management – and
added fresh blood with an
American tint.
Petrol price to rise
The petrol price among
all grades of petrol is to
rise by between 21 and
23 cents in October, the
Energy Department said
on Friday.