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Send  Share  RSS  Twitter  22 Jun 2010

CONFERENCES: Fortune Forum In Cape Town


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Soccer teams from countries around the world have already gathered in South Africa to compete in the World Cup, but this weekend the country will play host to different types of national representatives, such as government ministers, heads of state and CEOs of the world’s biggest companies.

Officially, they aren’t here to cheer on their country’s team in a football match, but rather to discuss business, economic, and social opportunities in developing nations at the 11th annual FORTUNE/TIME/CNN Global Forum in Cape Town.

The forum, dubbed “The New Global Opportunity,” runs from June 26 to 28, during which time attendees will explore the “extraordinary promise of the developing world” with special emphasis on Africa.

The guest list is impressive, including some of the world’s greatest leaders and thinkers: Former President Bill Clinton will be there, along with French Finance Minister Christine Lagarde and Former Prime Minister of Pakistan Shaukat Aziz. Beyond world leaders, chairmen and CEOs of multinational companies like Coca-Cola, AstraZeneca, and Motorola will also be in attendance.

Being organized by FORTUNE, TIME, and CNN, media personalities – including Katie Couric and Charlie Rose – will be involved, with FORTUNE managing editor, Andy Serwer, TIME managing editor, Richard Stengel, and CNN lead political anchor, Wolf Blitzer, acting as moderators and presenters.

Speakers will include:

-          17 Fortune 500 CEOs such as China Mobile chairman and CEO Wang Jianzhou, AstraZeneca CEO David Brennan, Citigroup chairman Dick Parsons, and WPP Group chief executive Martin Sorrell

-          20 Time 100 honorees, including the likes of President Bill Clinton, Katie Couric, Desmond Tutu, Suze Orman and Tavis Smiley

According to Stengel, “The New Global Opportunity represents the idea that global economic power is shifting to the developing world and that these markets are more than just frontiers of growth; they are the sources of new ideas and models that can be applied everywhere. Growth must be inclusive and sustainable. And the role and potential of those who have been marginalized in the past-the poor, especially women and girls-will only grow.”

With the whole world currently watching South Africa, there can be little doubt that this forum is in the right place at the right time.

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