Many Africans are falling back into desperate poverty as the global the crisis has swept away the benefits of several years of economic reform. But when it comes to Africa, the current financial and economic crisis is just like adding insults to injuries of bad governance, conflicts, corruption and autocratic leadership.
Doing business in many parts of the continent is almost impossible for local entrepreneurs and foreign investors.
What historians have known for years is that prosperity depends on good leadership.
Hundreds of business women and men from different parts of the world are gathering in Johannesburg on 22 July 2009, to discuss business and exchange ideas of leadership.
The leadership summit hosts big speakers like Malcolm Gladwell, Wendy Luhabe, Richard Branson and many others.
Speaking about new leadership in the world, Sir Richard Branson told money web last week: “It's just been so sad that there were a lot of wasted years before Barack Obama took over, and it's just wonderful to have a bright, intelligent person in such a position of authority in the world, and somebody who's willing to listen”.
Organizers say “the summit will showcase the latest, cutting-edge approach to leadership from some of the most innovative and forward-thinking minds in global business in an effort to nurture the next generation of up-and-coming maverick thinkers in South Africa”.
Then if this is the case I hope the whole summit will be live on many TV channels in order to “nurture” many people of the “next generation” who can’t afford to pay R 6500 (almost US $ 1000) to attend the leadership summit.
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The summit is likely to benefit only the business people involved!
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