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

SOUTH AFRICA’S PUBLIC PROTECTOR ACCUSED OF MISLEADING PARLIAMENT

CAPE TOWN-The South Africa Parliament’s Portfolio Committee on Justice has accused the Public Protector (Ombudsman), Busisiwe Mkhwebane, of misleading Parliament.

Last month Mkhwebane told the Committee that she never met with former President Jacob Zuma before releasing her report into ABSA-Bankcorp, one of the country’s leading commercial banks.

One of the Public Protector’s recommendations in the report was for the South African Reserve Bank to be nationalised.

Members of Parliament pointed Mkhwebane to court papers which reveal that she has omitted to disclose her meeting with Zuma.

Why would you hide the fact that you have met with the (former) president? Why would you not meet with ABSA if the need existed?,” Committee Chairperson Mathole Motshekha asked.

“Why would you not meet with any (Cabinet) ministers before the adverse findings are made? The constitution says your office is there to support democracy.

South Africa’s Public Protector is one of six independent State institutions set up by the country’s Constitution to support and defend democracy. These institutions are independent, and subject only to the Constitution and the law. According to the Constitution, they must be impartial and must exercise their powers and perform their functions without fear, favour or prejudice.

Mkhwebane was appointed Public Protector by former president Zuma in October 2016, succeeding Thuli Madonsela, a former Law Reform Commissioner and advocate.

Source: NAM NEWS NETWORK

SOUTH AFRICAN BUS DRIVERS BEGIN NATIONWIDE STRIKE WEDNESDAY

JOHANNESBURG– South African commuters who depend on buses to commute will have to find alternative transport Wednesday as bus drivers embark on a nationwide strike.

The bus companies affected are those who drivers are affiliated to the South African Transport and Allied Workers Union (Satawu), who have confirmed they will down tools from 5 a.m. local time Wednesday.

The workers are demanding a 12 per cent salary increase while the companies are only prepared to give them a seven per cent pay rise.

Satawu spokesperson Zanele Sabela said Tuesday that the union was still willing to engage with the various bus companies such as Rea Vaya and Golden Arrows, among others.

This follows the cancellation of a meeting that was supposed to happen between employers and the unions today (Tuesday) to try and find a solution to the impasse.,” Sabela said

“However, they (bus companies) pulled out because we issued them with a 48-hour notice of strike yesterday (Monday). As much as we are aware that this will inconvenience commuters, employers should be showing some care for their clients by making sure they come back to the people.

Source: NAM NEWS NETWORK

AMBASSACDOR LAUNCHES INDIA-SOUTH AFRICA BUSINESS SUMMIT

JOHANNESBURG– India’s High Commissioner (Ambassador) to South Africa, Ruchira Kamboj, on Tuesday launched a business summit to be held by the two countries here on April 29 and 30 to foster bilateral economic co-operation.

The business summit, which the Indian High Commission is organizing in partnership with various South African government entities, will seek to maximise the potential of economic and commercial partnership between the two countries by leveraging on automotive, healthcare, mining, agro- and food-processing, and future skills industries, among others.

Speaking at the launch in Johannesburg, Kamboj said India, South Africa’s fourth trading partner, had been planning the summit for a long time. She added that India had somewhat gained confidence in South Africa’s potential as an investment destination since the change of political leadership earlier this year when Cyril Ramaphosa succeeded acob Zuma as president.

I am very confident that there is potential to double the trade figures between the two countries. There are many sectors through which our countries can partner and co-operate. In the end, the two countries will share together in the prosperity of each country’s growth, Kamboj said.

My country has been growing at a rapid rate, roughly seven to eight per cent, especially in the last few years. It’s a two trillion dollar economy of 1.3 billion people. We have perfected trading. We have been doing business since the beginning of time.

The Director of Investment at the South African Department of Trade and Industry, Madileke Ramusha, said the conference would address barriers to market access for companies as well as learn from India’s small businesses since the country is ahead of the curve on that front.

We have already set out to sign memorandums of understanding (MoUs) with some Indian companies during the summit. We hope that South African companies will use this opportunity to seek new markets and grow their businesses, Ramushu said.

Source: NAM NEWS NETWORK

SOUTH AFRICA’S CENTRAL BANK TO WORK WITH BANK OF ENGLAND ON TRAINING

PRETORIA– The South African Reserve Bank (SARB) says it will co-operate with the Bank of England (BoE) on training and technical assistance aimed at providing assistance to central banks in selected African countries.

The South African Reserve Bank (SARB) has agreed to co-operate with the Bank of England on training and technical assistance as part of a pilot project funded by the United Kingdom Department for International Development, aimed at providing assistance to central banks in selected African countries, said the South African central bank in a statement here Tuesday.

The SARB and the BoE are in the process of agreeing on the programme of engagement, which will be delivered by mid-2019.

Some of the projects envisaged under the programme include: training initiatives in the ‘Twin Peaks’ approach to financial regulation; enhancing macro prudential surveillance and policy frameworks; developing tools to better measure systemic risk and vulnerabilities in the financial sector; and closer co-operation on Fintech.

The new initiative will build on an already good relationship between the two central banks, the SARB said.

The SARB also recently signed a Memorandum of Understanding to enhance co-operation with the European Central Bank, similar to an arrangement that exists with the Deutsche Bundesbank, said the central bank.

Source: NAM NEWS NETWORK