The Oppenheimer family established The Brenthurst Foundation in October 2004. Its origins lay in the Brenthurst Initiative of August 2003, a programme that instigated a debate in South Africa around policy strategies to achieve higher rates of economic expansion.
Launched by Nicky and Jonathan Oppenheimer in 2003, The Brenthurst Initiative argued that successful transformation and Broad Based Black Economic Empowerment in South Africa required a sustained higher economic growth rate of at least 5% per annum. It concluded that in order for South Africa to achieve higher growth rates, foreign investor perceptions of relatively high risk needed to be addressed and overcome.
The Brenthurst Initiative paved the way for the creation of the Brenthurst Foundation to extend the debate, and the sharing of the ideas and information, in support of all African countries. Since its inception in 2004, the Foundation has regularly brought together the world's leading thinkers and practitioners - from finance ministers and military chiefs to renowned scholars and UN officials - to consider ways to enhance the continent's economic growth and development. The Foundation's 'Tswalu Dialogue' meetings series, high-level research trips and delegations to African countries and wide range of publications are widely praised for their positive contribution to Africa's economic, political and social development.
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