




Gold Gambling?
To hedge or not to hedge? Anglo's Kelvin Williams says yes.
Diamond Deal
Russia and the De Beers-led cartel agree on a new contract.

David Bullard
Patriotic fervour cannot hide the reality of violent crime..
Stephen Mulholland
Drowning in a sea of meetings, committees and endless reports.

 Audit Bureau of Circulation
 print Media Association
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| Sunday, 23 February 1997
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Epochal deal gives blacks big stake in SA
mining
By THABO KOBOKOANE ANGLO American and the African Mining Group on Friday
sealed a historic deal which gives black business a significant
stake in the SA mining industry for the first time.
Mzi Khumalo's Capital Alliance-led Africa Mining Group
completed the acquisition of a 34.9% stake in JCI for R2.8-billion.
The deal sets the scene for a bid by the consortium's to buy
Anglo's remaining 12.7% stake in the mining house, giving it
unfettered control of JCI. AMG has been given the right of first
refusal to the stake for a period of five years.
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Eskom unplugs privatisationBy Sven Lunsche ELECTRICITY utility Eskom has ruled out the large-scale
privatisation of any of its power stations, chief executive Allen
Morgan said on Friday.
This follows controversy over advertisements placed this week
calling for tenders on two decommissioned power stations near
Sasolburg and Taaibos.
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It's time to ride the technology waveBy Sven Lunsche BUSINESS TIMES is expanding again. From next week the
paper will offer you an exciting new read on the world of
technology.
BT Technology will appear regularly in the main Business Times
section on the first Sunday of each month. It will feature local and
international technology news, with a strong focus on the Internet
and its benefits for business.
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Get graph-tingStock IXCHANGE is Windows software that displays graphs of
shares, unit trusts and other financial instruments. Simply
click on the logo and the relevant graph will
appear. But first you'll need to download Stock IXCHANGE Lite to use this service
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Cybercards
Send an online birthday or postcard to friends and family anywhere in the world - instantly and at no extra cost! Choose the illustration you like, write a personal message, and your aquaintances will receive a little piece of you by e-mail. No more excuses...
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