Clawing back Graham hardy is upbeat on the future of M&R despite its recent crashes Power talk John Cavill examines what Alan Greenspan's carefully chosen words mean. David Bullard A hefty fine and community service should sober up those drink-drivers Audit Bureau of Circulation print Media Association

Sunday: 12 October, 1997 GFSA, Gencor in R17bn gold merger JULIE WALKER THE winds of change continued to blow through the SA gold-mining industry this week when Gold Fields of SA pulled off a coup in buying all the gold-mining assets of the Gencor group in what is being billed as a R17-billion merger. Diversify in one step with new type of unit trust fund LUCIENNE FILD ' A NEW breed of unit trust fund will be born in the next few months, one which should help investors achieve that golden rule of asset diversification. A "fund of funds" could lessen risk by investing in multiple funds. CYBERCARDS REPORT: EL NINO No more excuses... 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 send. Examine a NetAssets special report on El Nino. Find out what causes this phenomenon and how we can expect it to impact on the South African economy. BT SURVEYS This week BT Surveys features two in-depth surveys of the Entrepreneur of the Year Award and Teljoy. Here you can access the full text of the articles, as well as explore our additional information in the form of Internet links to relevant sites, recent Business Times coverage of the issues and other interactive features on our site. Times Media Limited disclaims all liability for any loss, damage, injury or expense however caused, arising from the use of or reliance upon, in any manner, the information provided through this service and does not warrant the truth, accuracy or completeness of the information provided. © Times Media Ltd, 1996-1997 Full Site Index Bikitsha's irrepressible spirit makes him a winner BUSINESS DIGEST THE WEEK AHEAD Warrants give the small investor a line to blue chips Income chasm divides rich and poor A pre-October portfolio perusal Decisive plan to get Airports Company sale off the ground Africa struggles to regain lost ground Internet could be hub of commerce GFSA, Gencor in R17bn gold merger Nu-World keeps filling up the pot for investors COMPANY DIGEST Altron back on the growth trail after setbacks Flora Clinic a healthy move for Afrox Teljoy rings up its share price Triton aiming to clean up in SA Make room, here comes AMB Internet upstarts take on the giants of the phone industry M&R spots light at the end of Prima ready to toy with the market Hyundai plant revving up to make new inroads in SA Metlife looks at new life in trust funds Gardiner takes his touch to Steenberg Rumours of Venezuelan gold sales give jolt to a dull week Appetite remains for resilient SA bonds Rand holds its own in lethargic trading Diversify in one step with new type of unit trust fund Stampeding bulls in the local market Fund industry steams ahead UNIT TRUSTS:Syfrets Balanced Fund Even property in Cape Town doesn't beat equity returns Plan ahead for Cover for accident excess Top-down and bottom-up investments Mixing in big thinking and bright minds Ringing the changes in State chains threaten to strangle Internet industry TV's future look goes to the wall People on the Move People on the Move People on the Move People on the Move Surveys at a glance Long haul to success fuelled How to get out at the right time Who to ask for helping hand New-look SBDC gives small player a chance Student spending power Taking the gap to the top Good call puts ailing leader back on line Hotel rooms expand into cyberspace Big brand older in SA than TV itself Giant whose strength Rewarding the spirit of free enterprise Pricing vital to compete with retailers Rental policy gives marketing a sound base TV's future look goes to the wall Rentals easier on the pocket Repair service helps keep the line working Cellular's recovery cuts a pretty figure Emergency centre puts help within easy reach Satellite rentals brought down Cellphones set to make the bigger connection Investors bullish on the future Tina not just a pretty face Turning drought into growth opportunity Labour laws tighten cost noose on self-starters Nats lay golden Something to crow about Big dreams start in back yard SA sets direct marketing pace A hefty fine and community service should sober up those drink-drivers BRIEFCASE EU still digging in over agriculture Getting to grips with 'Greenspan-speak'

Tanya Accone