New sponsor found for Emerald Cup- SAP

SAP will be announced the new sponsor today or later in the week, it's a great race so thanks to them for stepping in !

SAP

SAP very big computer software and solutions company. Head Office in Europe.

Phumelela is proud to announce SAP as its new partner in the sport of
horseracing. The Vaal racecourse's greatest event, formerly known as The
Emerald Cup, is now the Supreme Cup presented by SAP. The race will take
place on Saturday, 26 September 2015.


Racing fans can look forward to the three legged Super Supreme Series,
which begins 1 August in Kimberly with the 1000m WSB Flamingo Sprint,
continues with the August Stakes over 1200m on 29 August at the Vaal, and
culminates in the Supreme Cup presented by SAP over 1450m.


As usual there will be a sand meeting at the Vaal on the Thursday preceding
the event and this year that meeting will coincide with Heritage Day
enhancing the fan experience. Clyde Basel, Phumelela Marketing and Sales
Executive, commented, "Phumelela is delighted to partner with SAP, the
world’s largest provider of enterprise application software and our sincere
thanks to Brett Parker for supporting a great event on the racing calendar.
We look forward to partnering with SAP to achieve our common objectives."


SAP is at the centre of today’s technology revolution, generating new
opportunities for innovation and growth across the globe and here in
Africa. Brett Parker, Managing Director of SAP Southern Africa said: "It's
an honour to partner with this unique family event that brings together the
best of what sports has to offer for local fans’.


About SAP
As market leader in enterprise application software, SAP (NYSE: SAP) helps
companies of all sizes and industries run better. From back office to
boardroom, warehouse to storefront, desktop to mobile device – SAP empowers
people and organizations to work together more efficiently and use business
insight more effectively to stay ahead of the competition. SAP applications
and services enable more than 291,000 customers to operate profitably,
adapt continuously, and grow sustainably. For more information, visit
www.sap.com .

My son-in-law and his dad are both SAP's specialist in Gauteng.

I'm sure Mrs Plattner's husband is/was a big deal in the company, internationally!

rob faux wrote: I'm sure Mrs Plattner's husband is/was a big deal in the company, internationally!

Rob he was a co founder of SAP. Was the sole owner at one time??!!!..

Some interesting facts on him.......

en.wikipedia.org/wiki/Hasso_Plattner

Just guessing but the SA boss is Louis Goosen owner , loves the sand ?

SAP suspends SA execs over ‘R100m kickbacks’ for Gupta front

Cape Town – Software multinational firm SAP has suspended South Africa’s management team after a #GuptaLeaks exposé by AmaBhungane and Scorpio revealed it allegedly paid a Gupta front R100m in kickbacks for state business.

SAP has initiated an independent external investigation as well as an internal probe into the matter.

#GuptaLeaks: Software giant paid Gupta front R100m 'kickbacks' for state business
The current management team has been placed on leave pending the findings of the review, SAP said in a statement on Wednesday. This team includes Brett Parker (MD Africa), Lawrence Kandaswami (MD South Africa), Deena Pillay (CFO South Africa) and Mehmood Khan (COO Africa).

“SAP has initiated an independent investigation spearheaded by a multinational law firm and overseen by executive board member Adaire Fox-Martin to vigorously review contracts awarded by SAP South Africa,” the firm said.

“SAP has also launched an internal review as part of its utmost commitment to compliance and will make the results of the investigation public once it is concluded.

“Full transparency and integrity are imperative at our company, and we will not tolerate any misconduct,” said Fox-Martin, who is coming to South Africa to address the concerns of customers, partners and employees.

"As a company we're initiating a very thorough and very vigorous investigation," she told Reuters.

SAP said the media reports raised questions surrounding contracts and third-party business practices in the country. “SAP rigorously investigates any allegations of wrongdoing in any of the more than 180 countries where it operates,” it said.

READ: SAP continues to deny allegations of kickbacks
SAP SA strongly rejected allegations of kickbacks on Tuesday.

AmaBhungane and Scorpio revealed that in August 2015, SAP signed a “sales commission" agreement with CAD House, what they call "a small Gupta-controlled company that specialises in selling 3D printers".

In the view of the investigative units, the terms suggest "a thinly-disguised kickback arrangement: If the Gupta company were the 'effective cause' of SAP landing a Transnet contract worth R100m or more, it would get 10%".

SAP ended up paying CAD House R99.9m, which to the units suggest that SAP "used the Gupta influence network to drive sales of a billion rand to Transnet and other state-owned companies".

In a statement, SAP said the accusations made around the use and payment of subcontractors are unfounded and unsubstantiated.

"SAP is dedicated to conducting every aspect of our business responsibly and in accordance with the highest global compliance and legal standards," according to the statement.

"As part of its day to day business, SAP SA engages various subcontractors, SMEs and partners and it has always been and will continue to be SAP’s policy to partner with a wide pool of organisations that qualify for our partner programme, if those organisations successfully meet the exacting criteria of our global due diligence and certification processes."

SAP said it has taken strong exception to the allegations and is investigating possible action.