Three SA companies included in World's Top 40 list

Three South African companies have made it onto a list of the World's 40 Best Companies.
MTN, Sasol and Bidvest are included on the Global Top 40 list compiled for US magazine BusinessWeek by management consulting firm A.T. Kearney.

The top 3 companies are Nintendo from Japan and Google and Apple from the United States.

MTN was named as the world's 7th best company, with Sasol at 24 and Bidvest at 37.

According to BusinessWeek, the two groups of companies that stood out were technology and telecommunications companies tapping into the continuing demand for mobile-phone service and new digital hardware and services, and heavy industry and engineering companies benefiting from higher infrastructure spending.

The top companies have strategies that include:

• • Commitment to innovation
• • Diversified portfolios
• • Aggressive expansion
• • Strong leadership
• • A clear vision for the future

The Top 40 companies were selected by the management consulting firm A.T. Kearney from 2 500 of the largest publicly listed companies around the world.
The companies were chosen by calculating the median value growth rate and sales growth rate of companies with sales greater than $10 billion in 2008, with at least a quarter of sales from outside their home region.

For more information, visit BusinessWeek.com.