Spring in your step edition

Money - David Mayfield

Secretary Speak

Obamamania has meant few others in his cabinet have had the spotlight, but US Secretary of State Hilary Clinton passed through Johannesburg in August and showed she too can string a rousing sentence together.

The following is an excerpt from her speech at the International Development Corporation on the US opinion of Africa’s collective economy.

I am delighted to be back in South Africa. I just had the opportunity to visit with Madiba and go through the archives that have been built not just to honour him and his achievements, but his view, and certainly I agree, even more importantly, is to continue the work of his life, the work of dialogue, the work of outreach, the work of problem solving and creative resolution and search for solutions on so many fronts.

So let me begin but conveying the warmest of greetings from President Obama. He has a particular connection to Africa, of course, with his father being from Kenya. But he has a very deep level of interest in the development of Africa, and certainly in our strong relationship between the United States and South Africa.

As a member of that Administration and certainly based on my previous lives, I share that commitment. I am very excited to be the Secretary of State at a time of both peril and promise to the world, and to be working in an Administration that recognizes that the United States cannot lead by the example of our power so much as by the power of our example.


Hilary Clinton

And we are back to the business of working with and listening to our friends and allies, and creating not a multi-polar world, but a multi-partner world.

It is a painful truth of African history through colonialism and post-colonialism that the continent’s riches have too often gone to the few and not the many. And that is not to take away from the hard work and industry, the ambition, and motivation of those who have built so much in Africa, but it is to recognize the reality that as rich as this continent is, the poorest people in the world reside here.

As the trade minister said, our task in the 21st century is to work for ways to expand shared prosperity, to recognize that talent is universally distributed, but opportunity is not. And too often, the opportunity has been undermined by poor governance and poor leadership and by a shortsighted approach in both the public and the private sectors.

And the economic success of Africa to date as well as our future hope hinges in great extent on the economic success of South Africa. It is both a responsibility and an opportunity for all of you who lead the economic worth in this country.

Read the full transcript here:




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