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(Source -
Border Kei Chamber of Business)
Border-Kei Chamber of
Business’ first Business Excellence Awards were a great
success with over 18 finalists and six winners announced
in four categories at a gala event.
Overall winner of the
Border-Kei Chamber of Business Awards was Queenstown’s
Twizza owned by Ken Clark. Clearly moved by the award
and for the acknowledgement of his contribution to the
economy of Queenstown, Ken Clark thanked his staff who
had assisted in making his vision come true.
Twizza is a carbonated
soft drink line which has created over 200 jobs. Clark
has been an active member of the Queenstown branch of
BKCOB for a number of years.
Queens Casino and Hotel
won the emerging business category, the criterion for
which was having been in business for two years or less.
Boston Business College won the R1 million to R5 million
category, while Xoliswa Tini Properties won the R5 –
R10million category, Global Business Solutions and
Independent Concrete Supplies shared the over R10
million turnover. UWP Consulting won the President’s
Award.
The 18 finalists received
a framed certificate and winners received an engraved
crystal award.
Sponsor Standard Bank’s
Head of South Africa Economic Research Danelee van Dyk
addressed the function attended by both Amathole
District Mayor Sakhumzi Somyo and Buffalo City Mayor
Zukisa Faku-Hobana.
Van Dyk said as an
emerging economy South Africa would not experience the
same extent of economic downward spiralling as developed
economies had. Our banking regulations had curbed the
kinds of crisis experienced in the United States and
Europe. However South Africa’s growth profile would be
dragged down as a result of the global economic
recession.
Generally recessions that
are triggered by banking crisis, as the current global
crisis has been, tend to last two to four times longer
than those triggered by other factors. Globally trade
has contracted by 2.1% which is the first contraction
since 1982. The global total unemployment had increased
from 6.5% to 7% which translates to 50 million
individuals without work.
Van Dyk viewed the
stimulation packages that governments were initiating as
necessary interventions. The fall out for South Africa
was a risk of slowed investment and already foreign
investors had withdrawn some R70 billion leaving the
rand vulnerable.
The 2010 soccer world cup
would result in a huge influx into the South African
economy and would create jobs in certain sectors. The
stadia being built for 2010 constituted 2% of the
country’s infrastructure development budget, with 51%
coming from private sector driven infrastructure
development.
Globally the world is
facing the bleakest year since World War II but she said
we would all slowly get through this. The world had been
through times like this before and we all had the
‘chutzpah’ to get through it, she said.
BKCOB executive director
Les Holbrook commended the judges, Standard Bank’s Gavin
Ferreira, former Business Women’s Association East
London chairperson, Mary Wrench, National African
Federation of Chambers of Commerce’s Phelelani Ngcuka
and Charteris and Barnes’ partner Gary Maclean for their
commitment to the robust and rigorous judging process.
He also thanked the 18 finalists who provided
significant information including increase in turnover
and profitability, their human resource management
policies, their corporate social investment portfolios
as well as their B-BBEE rating for participating in the
awards.
BKCOB president John Smith
said that in developing the awards, BKCOB aimed to
cultivate a culture of acknowledging business excellence
in the region.
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