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South Africa, with its rich mineral resources, strong economy, and recently lifted trade barriers, is playing a critical role in helping sub-Saharan Africa boost its economic status. The evolution of this important country, current reform efforts, and issues concerning Africa's economic vitality in general will be the focus of the next HBS Global Alumni Conference, "Managing Development: The African Renaissance," to be held in Cape Town March 21-23, 1999.
Featuring an expert team of HBS faculty, international speakers, and African dignitaries, the conference will explore the opportunities and challenges that are arising from southern Africa's recent movement into the global marketplace. Conference sessions will look at public-sector issues such as employment, trade, industrial policy, and macroeconomic management, as well as private-sector issues of investment, training, black empowerment, information technology, and competitiveness.
The conference will be held at the Nico Malan Opera House. While the final schedule of events, keynote speakers, and faculty presenters is not yet confirmed, the sessions are being organized to deliver the most up-to-date, engaging, and relevant program possible. As part of the conference, participants will have a chance to explore Cape Town and take in some of its sights and culture. A performance by the South African International Theatre is scheduled as is a gala to be held at the Nederburg Wine Estates. Visits to companies in Cape Town and special interest tours - to big game reserves, bird sanctuaries, and golf resorts, for example - are also being planned.
"Sub-Saharan Africa has been growing for the last seven years at a rate of 4 to 5 percent," said HBS professor Richard H.K. Vietor, who is heading the conference organizing committee. "This is extraordinary progress, and postapartheid South Africa is very much at the center of this renaissance - the potential engine of change." Buoyed by the rave reviews of this year's Alumni Conference in Chicago (see page 9), organizers are building on the successful tradition of past conferences and are looking forward to an intellectually invigorating and exciting meeting in Cape Town.
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