Connect with us

Hi, what are you looking for?

Capital Business
Capital Business

World

Bill Gates to attend G20 business summit

SEOUL, Oct 10 – More than 100 global business leaders including Microsoft founder Bill Gates have confirmed they will attend next month\’s G20 business summit in Seoul, organisers said Sunday.

They said Gates, who now co-chairs the charitable Bill and Melinda Gates Foundation, would be among 112 executives taking part in the November 10-11 event on the sidelines of the G20 leaders\’ summit on November 11-12.

In a statement, organisers said 35 business chiefs are from the manufacturing or IT sectors, 28 from finance, 25 from energy and 24 from logistics, maritime or other sectors.

They said the total sales of companies taking part add up to four trillion dollars and their assets total around 30 trillion dollars.

Companies will include Royal Dutch Shell from the Netherlands, France\’s Total, the ING financial group from the Netherlands, Bank of America, Hewlett-Packard and Switzerland\’s Nestle.

South Korea is pushing to make the business summit a regular part of the G20 process.

Previous G20 summits have also included business chiefs. But organisers of this year\’s event said it would be the largest such gathering and would be closely linked to the main event.

They said the chief executives would be able to freely discuss their economic concerns at a round-table discussion with the political leaders, who are set to include the presidents of the United States and China.

Click to comment
Advertisement

More on Capital Business

Executive Lifestyle

NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight...

Ask Kirubi

NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any...

Ask Kirubi

NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead...

Ask Kirubi

It is without a doubt that the COVID-19 pandemic has caught the whole world by surprise. Although its full impact is yet to be...

Headlines

NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March...

Kenya

NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety...

Coronavirus

NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of...

Coronavirus

NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the...