Guess who’s going to Davos

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.


Name Company Position
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

Financial sector

Name Company Position
Maria Ramos Barclays Africa CEO
Stephen van Coller Barclays Africa CEO: Corporate and Investment Banking
Wendy Lucas-Bull Barclays Africa Chairman
Sizwe Nxasana FirstRand CEO
Ben Kruger Standard Bank Joint-CEO
Graham Dempster Nedbank COO
Stephen Koseff Investec CEO
Hendrik du Toit Investec Asset Management CEO


Name Company Position
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

Name Company Position
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

State-owned companies

Name Company Position
Sipho Maseko Telkom CEO
Jabu Mabuza Telkom Chairman
Queendy Gungubele Eskom Board member
Steve Lennon Eskom Sustainability executive
Zola Tsotsi Eskom Chairman
Nosizwe Nokwe-Macamo PetroSA CEO
Brian Molefe Transnet CEO

South African business

Name Company Position
Nku Nyembezi-Heita JSE Chairman designate
Koos Bekker Naspers CEO
Imtiaz Patel MultiChoice CEO
Iqbal Surve Sekunjalo Investments Executive chairman
Leruo Molotlegi Royal Bafokeng Executive chairman
Mark Bowman SABMiller Africa MD
Alan Clark SABMiller CEO
Peter Staude Tongaat Hulett CEO

Media and education

Name Company Position
Alec Hogg CNBC Africa Anchor
Bronwyn Nielsen CNBC Africa Senior Anchor
Max Price University of Cape Town Vice-chancellor

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Guess who’s going to Davos