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Trollip launches Metro's 2017 Top 50 Companies Awards

May 9, 2017
Trollip launches Metro's 2017 Top 50 Companies Awards

The Nelson Mandela Bay Municipality on Tuesday announced the City's Top 50 Companies for 2017.

"Selected for their ability to attract investment, create jobs and boost exports, the Top 50 Companies are a proud representation of our rising city of opportunity," said Nelson Mandela Bay Municipality Executive Mayor, Athol Trollip.

He said that the Top 50 companies were selected by a panel with representation from the Municipality, Eastern Cape Development Corporation, Nelson Mandela Bay Business Chamber, National African Federated Chamber of Commerce and Industry and the Eastern Cape Exporters Club.

"The list is not ranked as each company provides value and output in a unique and beneficial way," Trollip explained.

"The metrics used to assess companies include, but are not limited to; Top Exporters, Top Investors, Top New-Comers, Long Standing Companies and Top Job Creators.

"It is very encouraging to note the presence of two new investors in Air Products SA (Pty) Ltd and Coega Dairy (Pty) Ltd - this is an indication of growing investor confidence, driven by a city with improving service delivery."

Furthermore, the growth, development and spread of business is evidenced by the number of new recipients listed.

The wool and mohair sector is recognised through one of our City's top exporters, BKB limited.

"We are proud of being home to one of the largest wool and mohair industries in the world," the Mayor said.

"Some of the other recognised sectors include automotive, manufacturing, agro-processing, services and ICT.

"Nelson Mandela Bay is no longer reliant on a single sector, as diversification of the economy begins to accelerate."

Trollip said that by creating jobs, expanding operations and developing skills, these 50 companies are important partners and stakeholders for the Metro.

"Despite national economic challenges, many of our local companies continue to grow in a globally competitive market.

"We are honoured to recognise these organisations for their valuable work," he added.

"The Municipality will continue to focus on delivering better services and developing relations with business through the Export Helpdesk."