IR Global Rankings Announces 2007 Winners in Africa

Date : 02/27/2007 @ 5:00AM
Source : PR Newswire
Stock : Telkom SA Ltd Ads (TKG)
Quote : 44.29  -2.92 (-6.19%) @ 5:23PM
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IR Global Rankings Announces 2007 Winners in Africa

NEW YORK, Feb. 27 /PRNewswire/ -- MZ Consult NY LLC (http://www.mz-ir.com/), a leading investor relations and financial communications firm, jointly with IR Global Rankings' sponsors KPMG Independent Auditors, Linklaters and JP Morgan (ADR Group), announced today the winners for the 2007 Investor Relations Global Rankings (http://www.irglobalrankings.com/) for the African region. The 9th annual IR Global Rankings ceremony was held at the Sandton Convention Centre in Johannesburg after a comprehensive technical review of 145 registrants from 33 countries.

The best IR websites by technical criteria in Africa were: Sappi (NYSE:SPP); Barloworld; Telkom (NYSE:TKG); Exxaro (OTC:EXXAY.PK) and Harmony Gold (NYSE:HMY). Nedbank was awarded the best in the Small/Mid Cap category. The best website by direct vote (investors and analysts) was also Nedbank, as well as the best online annual report in the African region.

Companies with the best corporate governance practices by technical criteria were: Telkom (NYSE:TKG), also best in global industry; Reunert and Nedbank.

Finally, the best financial disclosure procedures by technical criteria were: Telkom (NYSE:TKG); Naspers (NASDAQ:NPSN); Sappi (NYSE:SPP); Reunert and Nedbank.

About the IR Global Rankings (http://www.irglobalrankings.com/) Solid communications with the investment community have become a key priority for investor relations and corporate governance professionals in recent years, driven by a firm belief that stock prices and risk perception can be managed and the need for corporate transparency to earn and maintain investor confidence. The IR Global Rankings and Awards annual survey has been continuously increasing since its creating in 1999 and is the most comprehensive auditing and ranking system for IR Websites, Corporate Governance and Financial Disclosure Procedures. Based on extensive proprietary research of public companies and investors, supported by the input of audit, corporate governance, and legal experts (KPMG Independent Auditors, Linklaters and JPMorgan), MZ's (http://www.mz-ir.com/) methodology is highly detailed, transparent, and completely accessible to all participants.

DATASOURCE: MZ Consult NY LLC

CONTACT: Amanda Munhoz of MZ Consult, +1-646-217-0908,

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