Daily Archives: April 18, 2018

Neymar Jr. kicks off TCL’s 2018 global sports campaign

Neymar Jr. debuts as TCL’s global brand ambassador in his hometown, Sao Paulo

SAO PAULO, April 18, 2018 /PRNewswire/ — Neymar Jr., one of the world’s most influential and widely-recognized athletes, today officially took up his new role as global brand ambassador for TCL, top-three global television manufacturer and leading consumer electronics brand. The young star footballer kicked off the brand’s 2018 global sports campaign at an event in his hometown of Sao Paulo.

As part of his partnership with TCL, Neymar Jr. brings his star power and exceptional qualities to a wider, global community in order to bring the brand’s fans closer together.

Neymar Jr. was officially welcomed as Global Brand Ambassador of TCL and presented with a Chinese chop by the TCL team. In exchange, his autographed football shirt was presented to Kevin Wang, Senior Vice President of TCL Corporation and CEO of TCL Multimedia, Xiaoguang Zhang, General Manager of Brand Management Center of TCL Corporation and Ricardo Freitas, CEO of SEMP TCL.

“I am honored to be Global Brand Ambassador for TCL. The brand and I share similar values, such as the constant pursuit of excellence and great results,” said Neymar Jr. “I am also impressed with TCL products featuring high-tech and intelligence upon first seeing them,” added Neymar Jr.

“This is a perfect fit for TCL because we are very passionate about sports,” said Kevin Wang, Senior Vice President of TCL Corporation and CEO of TCL Multimedia. “The partnership with Neymar Jr. will be fully integrated into TCL’s global brand and marketing strategies. We are excited to work with Neymar Jr. and to offer consumers an immersive viewing experience to embrace the sports they love this summer with our intelligent TV products.”

Neymar Jr. experienced TCL’s flagship QLED TV X6, TCL 4k UHD TV P6, TCL new all-touch anti-pollution washing machine, TCL integrated inverter & air-cooled refrigerator, T-Smart series air conditioner as well as TCL S800 Air Purifier at the event, and helped to co-launch a series of TCL x Neymar Jr. advertising campaigns.

Recently, the company launched a large-scale outdoor advertising campaign with the theme “Born a Legend” and celebrated the partnership at global landmarks such as New York’s Times Square, Hollywood TCL Chinese Theatre and in locations across US, Mexico, France, Germany, Italy, Poland, India, Vietnam, Thailand, Australia and China.

The company is soon to launch an exclusive video campaign with Neymar Jr. in which he experiences other elements of TCL’s extensive product portfolio, including TVs, washing machines, refrigerators and other home appliances.

Expanded global brand strategy targeting the sports community

The partnership with Neymar Jr. is a key next step in TCL’s global brand strategy. The team-up allows TCL to reach a wider audience of young sports fans worldwide and will raise TCL’s global brand visibility, reinforcing the company’s youthful, international brand image.

“Our vision is to build TCL into a global leader in smart products and internet services. We connect our consumers with enhanced technology leadership, and smart and intelligent product experiences and global partnerships that fit the brand,” said Kevin Wang.

“Investment in sports and entertainment marketing activities is a major plank in TCL’s global brand strategy. Our other global sports partners include the NBA’s Minnesota Timberwolves and Lynx, the iconic Rose Bowl stadium, the soccer team San Jose Earthquakes, the Brazilian Football Confederation (Brazil), the Rosario Central Football Club (Argentina), the Philippine Basketball Association (Philippines), The Melbourne Cup and Melbourne Victory Football Club (Australia). We also work with entertainment industry partners including Hollywood’s TCL Chinese Theatre, The Ellen Show, and the popular Warner Bros. Pictures movie Justice League,” said Xiaoguang Zhang, General Manager of Brand Management Center of TCL Corporation.

Business growth and outlook

This latest partnership and expanded brand strategy reflect TCL’s accelerating growth and business vision.

“TCL continues to consolidate and expand our TV business, while exploring new opportunities through investments, mergers, acquisitions and restructuring,” said Kevin Wang. “We plan to gain differentiation through continued high-end product strategy and innovative new products and applications to create a better user experience when compared with our existing products,” he added.

In the next three years, TCL aims to build an eco-business enterprise based on the smart TV business, to provide users with exquisite smart TV products and services.

TCL ranked top three in the global LCD TV market with a market share of 10.9% in 2017, according to IHS Technology and the company’s shipment data.

About TCL Corporation

As a global enterprise group, TCL Corporation, headquartered in China, founded in 1981, is a manufacturer of smart products and provider of Internet application services. Starting from the manufacture of recording tapes, TCL later developed telephones, televisions, mobile phones, refrigerators, washing machines, air conditioners, small appliances, and LCD panels, among others. In recent years, TCL Corporation’s main business operations have seen steady growth. For the last four years, its revenues have exceeded a hundred billion yuan.

TCL has been a pioneer in the internationalization of Chinese commerce since 1999. It has already passed the stages of early exploration, transnational M&A, and steady growth. In recent years, facing the challenge of slowing Chinese economic growth, as well as the opportunities created by the country’s One Belt One Road strategy, it has reformulated its road map to internationalization.

In the coming years, TCL will continue to consolidate and improve its market share in Europe and the U.S. through “three forces combined and brand leadership,” while also breaking through in selected important emerging markets like India and Brazil, taking root in the local markets and establishing competitiveness across the value chain. Internationalization will be the new driver of TCL’s future development.

Photo – https://mma.prnewswire.com/media/678596/Neymar_Global_Brand_Ambassador_TCL.jpg

India and SA focus on doubling trade figures

The inaugural India-South Africa Business Summit, which will be held later this month, will focus on doubling trade figures between the two countries, says India’s High Commissioner to South Africa, Ruchira Kamboj.

Addressing a media briefing in Johannesburg on Tuesday, Kamboj said the summit is aimed at maximising the potential of economic relations between the two countries.

Trade figures between our countries stand roughly at US $10 billion and we would like to see that number doubling in the next coming years. We are confident that there is potential to double this figure. There are many sectors that our countries can cooperate in, Kamboj said.

The India-South Africa Business Summit will be held on 29 and 30 April at the Sandton Convention Centre, Johannesburg.

The two-day business event will focus on start-ups, automotive, health care and pharmaceuticals sector, as well as mining. Other areas to be looked at are Agro-Processing, women in Business and the Fourth Industrial Revolution as these sectors have a potential for growth in a bilateral context.

[The summit] is [about] two countries, which have a rich history, coming together, confident of a future that is there for both our countries, Kamboj said.

Gauteng Growth and Development Agency (GGDA) Group Executive: Trade, Investment and Regulatory Enhancement, Muzi Mathema, said South Africa and India have strong trade relations but this summit is an effort to push trade relations to the next level.

We have to bear in mind that we are in the dawn of a growing emerging market. In 50 years’ time, a third of the working force will either be in India or in other BRICS countries. If we don’t start taking these initiatives now, we won’t be able take advantage of the momentum in growth in our countries. The emphasis is that both our countries are open for business, Mathema said.

He said the only way to grow the country’s economy is by expanding South Africa’s trade footprint.

That’s the one key challenge that we want to address: to grow the trade footprint as well as to grow the economy footprint of the Gauteng economy. Part of these efforts is to make sure that our businesses that are based in Gauteng get access to the right markets in India and are able to grow in order to address the growth challenge that we are faced with as a country, Mathema said.

He said trade between India and South Africa ignites a lot of skills transfer, employment and transformative changes in key sectors.

This conference is important in fostering the historic and continuing relations between our countries as we forge ahead to become industrial nations, Mathema said.

The Summit will be held under the theme: United by Legacy, Unified for Prosperity.

The event is being organised by the High Commission of India, in partnership with the Ministry of Commerce and Industry, Government of India; the Department of Trade and Industry; Invest India; the Confederation of Indian Industry and the Gauteng Growth and Development Agency.

Source: South African Government News Agency

Over 1 000 ex-mineworkers get compensated

A total of 1 203 payments were made in March 2018, amounting to R18.2 million, to compensate ex-mineworkers for occupational lung diseases, says the Department of Planning, Monitoring and Evaluation.

This represents the highest number of payments in a month since the commencement of the tracking and tracing process, the department said in a statement on Tuesday.

The Inter-Ministerial Committee (IMC) on the Special Presidential Package for the Revitalisation of Distressed Mining Communities and Labour-Sending Areas was established in 2012, in accordance with the 2012 Social Accord signed by organised labour, business and government.

The Deputy Minister of Mineral Resources, Godfrey Oliphant, has undertaken various outreach and awareness campaigns that have assisted with tracking-and-tracing activities.

The campaigns also organised ex-mineworkers to understand the formal process of applying for the compensation for occupational diseases that is rightfully due to them.

From April 2015 to March 2016, some 1 766 claimants were paid a total of R79 million, with the bulk of payments going to ex-mineworkers from labour-sending areas within South Africa.

From April 2017 to March 2018, some 10 409 claimants were paid R254 million, representing an increase of about 500% in claimants paid and 200% increase in monies paid. Five years ago, an average of 2 000 claimants were paid. About R110 million went to 4 912 claimants in neighbouring countries, the department said.

Potential claimants or their beneficiaries can call: 080 1000 240 to check the status of their claims or if they need medical assessment.

“Medical assessments are provided in decentralised One-Stop Service Centres such as those in provincial hospitals in Mthatha (Eastern Cape), Carletonville (Gauteng), Burgersfort (near Limpopo and Mpumalanga) and Kuruman (Northern Cape), and in Botswana, Lesotho, Mozambique and Swaziland, the department said.

Mobile clinics have also been used successfully in selected districts in South Africa and neighbouring countries.

Fifteen medical doctors have been seconded by the mining companies for the Certification Committees at the Medical Bureau for Occupational Diseases. A web-based link to the Department of Health is available � www.health.gov.za/ccod � and provides information on accessing medical services and claims, the department said.

Through coordination and support from the IMC — which includes the Department of Health, Department of Mineral Resources and Department of Labour and is chaired by the Minister in The Presidency � work continues to track and trace claimants of unpaid financial compensation to ex-mineworkers.

The departments are also working towards aligning the industry’s occupational health and safety policies, and the required legislative changes, to facilitate access to compensation and other benefits for ex-mine workers.

This will also include the reorganisation of the compensation system and access to benefits for former and current mineworkers.

Source: South African Government News Agency

Get your flu vaccine before winter

Winter is approaching and to avoid getting flu, the National Institute of Communicable Diseases (NICD) has advised that the public to get vaccinated.

Vaccination is the most effective strategy to prevent influenza. Getting the flu vaccine can reduce flu illnesses, visits to the clinics or to doctors rooms, missed work and school due to flu, as well as prevent flu-related hospitalizations, said the NICD.

The influenza season in South Africa occurs in the winter months and is expected to start in the coming weeks. On average, the season begins in the first week of June. However, recently, the season has started as early as the last week of April and as late as the first week of July.

The influenza vaccine for the 2018 season is currently available at public health facilities and at pharmacies.

It takes about two weeks after vaccination for protective antibodies to develop, it is recommended that people get vaccinated as soon as possible to ensure that they are protected before influenza season starts, said the NICD.

According to the NICD, the best time to get the flu vaccine is before the season starts between March-June but getting it later will protect individuals during the rest of the season.

Influenza viruses are constantly changing and immunity from vaccine lasts for about a year. It is therefore necessary to get vaccinated each year before the influenza season.

The influenza vaccine that is licensed for use in South Africa covers three of the common influenza strains. Based on the information on the influenza strains that were circulating during the 2017 Southern Hemisphere influenza season, the 2018 vaccine for the Southern Hemisphere has been changed, said the NICD.

Vaccination of people with higher risk of severe flu directly protects them from flu infections. Other vulnerable groups that can benefit from the flu vaccine include pregnant women, the elderly and people with chronic illnesses.

Vaccinating pregnant women has been shown to provide protection to both mother and baby during the flu season. HIV-infected adults without severely weakened immune systems respond well to the vaccine too. Vaccination is also recommended for individuals aged 65 years and individuals with chronic illnesses like diabetes, lung disease, tuberculosis and heart disease, said the NICD.

The NICD monitors the progression and severity of the influenza season through its surveillance sites throughout the country to provide real time information on season progression.

In South Africa, flu kills between 6 000 and 11 000 people every year. About half of those deaths are in the elderly, and about 30% in HIV-infected people.

During the flu season in South Africa, about 8-10% of patients hospitalised for pneumonia and 25% of patients with flu-like illness (fever and cough) will test positive for influenza.

Annual influenza epidemics result in an estimated three to five million cases of severe illness, and about 290 000 – 650 000 deaths globally.

It is also essential to practice good hygiene by properly and frequently washing hands and protecting coughs and sneezes (coughing or sneezing into a tissue or an elbow) to help prevent the spread of seasonal influenza. People who have flu-like symptoms should stay at home to avoid infecting others, said the NICD.

Source: South African Government News Agency

AG terminates contracts with KPMG, Nkonki

The Auditor General has terminated auditing contracts with KPMG and Nkonki Inc with immediate effect.

The two firms used to do public sector audits on behalf of the Auditor General of South Africa (AGSA).

Last year, it was reported that the two companies did work for the controversial Gupta family. This resulted in several resignations at the company and the appointment of Nhlamu Dlomu as Chief Executive Officer at KPMG.

On Tuesday, the office of the Auditor General said as the country’s supreme audit institution that audits South Africa’s public sector, the AGSA, due to the size of its audits, uses various private audit firms — such as KPMG and Nkonki Inc. — to audit on its behalf and to augment its auditing staff.

When conducting these audits, the contracted firms stringently follow AGSA auditing standards, which include layers of rigorous internal and external, independent quality assurances and peer reviews to ensure that quality audit work is produced.

In addition to this, the core pillars that define the foundation of our profession are independence, professional competence and ethics. Once these have been fundamentally impacted, we are called upon to review and reassess our position, said Auditor General Kimi Makwetu’s office.

Decision to totally terminate audit contracts

Last year, Makwetu announced that his office — while waiting for various investigations into matters raised in the 2017 report titled ‘KPMG South Africa leadership changes and key findings arising from KPMG International investigation’ — would continue to secure the services of KPMG SA, limited to the audits that were already allocated to the firm at the time.

Makwetu said recent media reports relating to the external audit of VBS Mutual Bank and the conduct of KPMG audit partners are some of the reasons that prompted the decision to withdraw all KPMG audit mandates with immediate effect.

On the termination of Nkonki Inc.’s contract, Makwetu said recent media reports on matters arising from the shareholder transactions involving the firm were of grave concern and pose significant risk to the reputation of my office through the statutory audits contracted to Nkonki Inc.

Maintaining accountability

The Auditor General said the country looks to his office to act and project an image of accountability.

As South Africa’s supreme audit institution, this country looks up to us to act and project an image of accountability, the same way we hold the entire public sector to account on how it uses taxpayers’ monies.

This is one of the tenets that have anchored this organisation for over 100 years, and we encourage all our employees and contracted audit firms to conduct themselves in a manner that will not erode this long-standing legacy, said Makwetu.

He said while his office has adopted the International Standards of Auditing, which are followed and adhered to whenever conducting audits, it is also worth noting that all audit work performed by AGSA employees or contracted audit firms is subject to a series of rigorous internal and external quality control measures.

Makwetu said these terminations are not a judgement on the capabilities or integrity of the professionals that work in the firms, but are recognition of the significant reputational risks associated with matters that affect them at present.

We will continue to engage with both firms as they focus on their internal systems and the external, industry investigations, in the case of KPMG. Our priority now is to closely work with all interested stakeholders in the quest to maintain and further improve the confidence that the public places on the external audit function in the public sector.

We are also part of endeavours to help mend the image of the accounting/auditing profession, which has received some reputational dents � most of these self-inflicted � in the recent past, said Makwetu.

Source: South African Government News Agency