De Beers seen as Anglo’s star 2003 performer
JOHANNESBURG: De Beers was one of the best performing units of Anglo American plc, last year analysts said yesterday. The world gem giant is expected to report a five percent rise in 2003 rough stone sales when it gives its figures on Thursday.

Fairground to stage own IT Exhibition
FAIRGROUND Holdings announced yesterday that it would be moving from its core business of hosting exhibitions to staging their own homegrown Information Exhibition (ITEX), which would become an annual event.

SA’s Erwin tipped for top WTO position
CAPE TOWN: South Africa Trade and Industry Minister Alec Erwin has been tipped by an influential US journal as the favoured candidate to head the World Trade Organisation (WTO). The position of WTO director- general becomes vacant in September next year.

GM takes over Delta SA
GENERAL Motors has taken over Delta Motor Corporation (SA). However GM has Delta to thank for a fairly easy re-entry into the market. Delta not only survived in one of the most capital-intensive, volatile and competitive industries without the backing of GM after the US giant withdrew from SA in 1986, but it went on to expand substantially.

Rand firms on export sales, seen in range
JOHANNESBURG: The Rand firmed yesterday as exporters sold dollars in quiet trade. However traders said gains were likely to be contained within a tight range around the 7/dollar mark.