More than 40 South African business and government leaders will be making the trip to the World Economic Forum’s annual summit in Davos, Switzerland, with tickets priced as much as R219,000.
The WEF’s annual meeting, at the Swiss mountain resort of Davos from January 22-25, brings together thousands of high-profile delagates in business, finance and governance from around the globe.
The 2014 edition is expected to draw over 2,600 delegates, with over 250 talks, presentations or discussions scheduled to take place over the five day event.
The list, provided by Quartz, includes South African president, Jacob Zuma, and ministers from eight government portfolios.
Joining the government delegates are high profile CEO’s and leaders from some of South Africa’s biggest companies and financial institutions, including Naspers CEO, Koos Bekker; Absa CEO, Maria Ramos and billionaire, Patrice Mostsepe.
According to a cost break-down by CNN, the attendees fork out an average of US$40,000 each (almost R438,000) – including the US$20,000 (R219,000) ticket price to attend the conference, as well as travel and accommodation costs.
With a count of 46 South African delegates listed by Quartz, this would bring a total average of US$1.84 million (R20.14 million) spent by the country for the summit – US$360,000 (R3.94 million) by government officials alone.
The full list of South African attendees can be found below.
|Jacob Zuma||South Africa||President|
|Trevor Manuel||South Africa||Minister: National Planning Commission|
|Edna Molewa||South Africa||Minister: Water and Environmental Affairs|
|Rob Davies||South Africa||Minister: Trade and Industry|
|Derek Hanekom||South Africa||Minister: Science and Technology|
|Malusi Gigaba||South Africa||Minister: Public Enterprises|
|Pravin Gordhan||South Africa||Minister: Finance|
|Ebrahim Patel||South Africa||Minister: Economic Development|
|Yunus Carrim||South Africa||Minister: Communication|
|Mike Muller||South Africa||National Planning Commissioner|
|Maria Ramos||Barclays Africa||CEO|
|Stephen van Coller||Barclays Africa||CEO: Corporate and Investment Banking|
|Wendy Lucas-Bull||Barclays Africa||Chairman|
|Ben Kruger||Standard Bank||Joint-CEO|
|Hendrik du Toit||Investec Asset Management||CEO|
|Patrice Motsepe||Africa Rainbow Minerals||Founder, Executive chairman|
|Michael Peter Schmidt||Africa Rainbow Minerals||CEO|
|Precious Moloi-Motsepe||Motsepe Foundation||Executive chairperson|
|Tito Mboweni||AngoGold Ashanti||Chairman|
South African development
|Happy Ntshingila||Brand South Africa||Deputy Chairman|
|Thero Setiloane||Business Leadership South Africa||CEO|
|Monhla Hlahla||Industrial Development Corp SA||Chairman|
|Gert Gouws||Industrial Development Corp SA||CFO|
|Jabulani Moleketi||Development Bank of SA||Chairman|
|Patrick Dlamini||Development Bank of SA||CEO|
|Queendy Gungubele||Eskom||Board member|
|Steve Lennon||Eskom||Sustainability executive|
South African business
|Nku Nyembezi-Heita||JSE||Chairman designate|
|Iqbal Surve||Sekunjalo Investments||Executive chairman|
|Leruo Molotlegi||Royal Bafokeng||Executive chairman|
|Mark Bowman||SABMiller||Africa MD|
|Peter Staude||Tongaat Hulett||CEO|