| Mon 10 Sep 2007, 14:34 | | SKJ - Sekunjalo - Sekunjalo receives global recogn |
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SKJ
SKJ
SKJ - Sekunjalo - Sekunjalo receives global recognition by World Economic Forum
SEKUNJALO INVESTMENTS LIMITED - MEDIA RELEASE
(Incorporated in the Republic of South Africa)
(Registration number: 1996/006093/06)
ISIN: ZAE000017893
Share Code: SKJ
("Sekunjalo")
Sekunjalo Receives Global Recognition by World Economic Forum (WEF)
Sekunjalo Investments Limited received a major honour when it was selected as
the only South African company to be a Founding Member of the Top 125 WEF New
World Champion companies on Saturday 8 September in Dalian, China.
The World Economic Forum (WEF) in partnership with the Government of the
People`s Republic of China hosted this Inaugural Annual Meeting of the New
Champions. At the gathering of founding members of fast growing "Global Growth
Companies", Sekunjalo Investments Ltd, whilst the only South African company to
receive this honour, was one of five companies on the African continent. 40% of
the companies in the Top 125 were from Asia, 26 % from Europe, 20 % from North
and South America and 14 % from Africa and the Middle East. Dr Iqbal Surve,
Executive Chairperson of Sekunjalo, attended the meeting in Dalian to represent
the company.
Government leaders, including the Chinese Premier Wen Jiabao, and the leadership
of some of the world`s leading cities joined corporate leaders from global
corporations at this forum, which has already been labelled the "Summer Davos".
In his opening remarks, Klaus Schwab, Founder and Executive Chair of the WEF
described the New Champion companies as a "very special group of companies that
have not really been understood". The New Champions are regarded as a new
generation of companies which have demonstrated that they have what it takes,
namely the essential `DNA`, to fundamentally alter the "global competitive
landscape" by becoming leaders in the global economy. The selection which
followed a meticulous process, was based on a number of factors, including the
business model, growth record and the quality of the executive leadership of the
selected companies.
Commenting on the award, Sekunjalo CEO, Mo Kajee, expressed his delight at this
honour. "To be a founding member of the New Champions indicates that the WEF
has recognised that Sekunjalo is an innovative company, with an excellent
business model and with outstanding executive leadership. The New Champions
network presents an excellent forum for global growth. Such companies face a
number of challenges like building brands, managing regulatory risks as they
enter new markets, securing finance for growth and plotting a strategic course
through a complex global environment. Access to this powerful network will
further facilitate the empowerment of Sekunjalo as a South African BEE company
and its ability to extend its sphere of influence in the future - this time on a
global stage."
Sekunjalo has received numerous awards for business and empowerment in the past
but this is the first time the company has been selected to a global forum of
this stature, one which will facilitate its ability to operate on a global
platform. Sekunjalo will participate in future meetings of the New Champions.
The next meeting is scheduled to take place in Tianjin, China in September 2008.
ENDS
10 September 2007
For more information contact:
Mo Kajee
CEO: Sekunjalo Investments Ltd
Tel: 021 702 7700
Mobile: 082 4616580
Email: mok@sekunjalo.com
Zenariah Barends
Executive Director
Sekunjalo Corporate Services
Tel: 021 702 7700
Mobile: 082 441 0433
Email: zenariahb@sekunjalo.com
www.weforum.org/dalian
Date: 10/09/2007 14:34:31 Produced by the JSE SENS Department.
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