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 FORBES
CONTENTS — FEBRUARY 2013
VOLUME 3 NUMBER 1
“What it really is, is an investment in
leadership and an investment in the future
of a country.”
“We did very badly, but that failure was very
useful to me because it taught me a lot about
what not to do.”
“I knew what this would mean for me: wealth
destruction, business destruction and family
destruction.”
— Carl Bates
Author of:
The Laws of Extreme Business Success
— Oprah winfrey
American talk show titan
— hakeem Belo-Osagie
Chairman of Etisalat
paGe 64
paGe 14
paGe 22
8
| EDITOR’S DESK //
Chris Bishop
12
| BRIEF 360°
FORBES FOCUS
28
| ThE TIDE TuRnS
Namibia’s ruling SWAPO (South West Africa People’s Organization) has signaled a break with liberation-era politics by
electing the pro-business, trade and industry minister Hage Geingob as their next presidential candidate.
BY John GroBler
30
|
MAngAung unpACKED
It was a ierce and emotional battle over who would lead Africa’s biggest economy into the future.
There were heated exchanges and cries of corruption.
BY VuYo MVoko
LIST
35
| ThE 20 YOungEST pOwER wOMEn In AFRICA
Here are some of the young African women, who have left their footprints on Africa soil in the last year.
CoMpiled BY Farai Gudan
COVER PHOTOGRAPH BY KElECHi AmAdiOBi-OBi FOR FORBES AFRiCA;
RETOuCHinG BY THE VAnillA RAin CREATiVE
FEBRUARY 2013
FORBES AFRICA | 1
A world of
A world of
potential in Africa
potential in Africa
To create new opportunities you have to start looking at the world a little differently. With shifting economic powers,
developing nations on the rise and socio-political change happening across the globe everyday – South Africa is
looking beyond conventional thinking.
               With abundant natural resources, human potential and growth prospects, Africa
holds the key to truly global prosperity in the future. South Africa is leading the way
with modern infrastructure as well as working with financial institutions to help fund
development across the continent – unlocking Africa’s potential.
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