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Mr Khumalo, who spent 12 years incarcerated on Robben Island with Nelson Mandela, was fêted when his consortium bid 54.5 rand a share 2.9 billion rand in total for Anglo American's controlling stake in JCI.
BlueCross BlueShield of South Carolina already offers Bumrungrad's cut-price treatments to members whose policies do not cover the surgery they need.To reassure foreign patients, many hospitals are seeking accreditation from the Joint Commission International (JCI), the international arm of the body that accredits American hospitals.
A shy man who shunned the limelight, Mr Khumalo's reputation was damaged further when it transpired that he was an autocrat who ignored JCI's board.While JCI has floundered, a wave of consolidation has engulfed its bigger rivals.
Thailand's Bumrungrad and nine Singaporean hospitals already have JCI certificates.
ReprintsA year later, the price of bullion had fallen by $100 and shares in JCI, the world's sixth-largest gold producer, had plunged to 16 rand.
The top three, Enos Mabuza, Don Ncube and Dr Motlana, now count between them no fewer than 25 directorships.The criticism is sharp because Johnnic's new black owners, unlike those who are buying JCI, a mining house and another company that Anglo is selling to blacks, do not run anything much.
Mr. LiMandri identified a company called RCG as the general contractor for the construction project, New York Crane as the owner of the crane, and a company called JCI as the crane operator.
Ms. Lancaster said that the company in charge of the crane was an Elizabeth, N.J., subcontractor on the construction project known as Joy Contractors Inc., identified as JCI in Building Department documents.
Ms. Lancaster said her agency was still determining what other construction jobs JCI was involved in.
Two years ago, in one of the most notorious empowerment failures, the gold producer JCI went into a tailspin after its owner, Anglo, sold a 35percentt stake to black entrepreneurs, an episode that did much to scare off other mining empowerment deals for some time.
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Raymond Chong, the boss of Bangkok Dusit's Samitivej Hospital, reckons it will be only a year or two before big American insurers and employers routinely offer patients lower premiums if they are prepared to travel to a foreign JCI-accredited hospital for surgery.For patients, employers and insurers the benefits are clear.
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