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    Elections 2024

    Dawie Roodt returns with some in depth economic analysis regarding the GNU and its future!

    Dawie Roodt returns with some in depth economic analysis regarding the GNU and its future!

    sona.co.za

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    WEF founder Klaus Schwab to resign

    Klaus Schwab, the 86-year-old founder of the World Economic Forum, is set to resign as its executive chair in January 2025.
    Source: World Economic Forum. WEF founder, Klaus Schwab.
    Source: World Economic Forum. WEF founder, Klaus Schwab.

    This is in lieu of Børge Brende, president of the WEF stepping into this role.

    Schwab has led the world's foremost business conference - held annually in Davos, Switzerland - since 1971.

    He will now preside as chair of WEF’s board of trustees.

    The organisation is moving from being a founder-managed organisation to one where a president and managing board assume full executive responsibility.

    This year, the organisation hosted more than 50 heads of state, policymakers and business leaders.

    The WEF, owned by a charitable organisation, attracts an annual revenue of €500m, with firms paying up to $658,000 a year in membership fees.

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