of the market. i am quite certain that the leadership of this community has already considered and explored this possibility for beneficiation as this might make a significant contribution to the economic and social development of phokeng and rustenburg. we have the opportunity through existing bursary and scholarship programmes to send some of our young people to study and understand all the technical issues around jewellery manufacturing. another challenge is the manufacture of catalytic converters. south africa has a welldeveloped car manufacturing capability with car plants in east london, port elizabeth, durban and nearby pretoria in rosslyn and silverton. it would seem that opportunities abound in the manufacture of catalytic converters. as the community explores many of the new frontiers of economic development, there will be many agenda items such as the challenge that might be posed by considering tasks such as these. one thing is for certain, there will always be many cars on the road which have catalytic converters! growing human capital and developing leadership are crucial. endowment with natural resources should spur even larger investment in expanding the talent pool. it is gratifying, therefore, to acknowledge that the royal bafokeng holdings, the entity responsible for the management and development of the commercial assets of the royal bafokeng community, has the following focus areas : health, education, entrepreneurship development, social development and sports development. speech by mr lee hsien loong, prime minister, at the singapore human capital summit opening, 29 september 2009, raffles city convention centre. embracing modernity in today ’ s globalised world all countries and communities are faced with the challenge of embracing change, new technologies and communications systems. some might try to resist change by keeping old traditions and continuing to do things in the same old way with the danger of being left behind and thus condemning their future generations to “ poverty, backwardness, ignorance and disease ”. today, we know that many great nations have made a deliberate choice to learn from others for survival. this quest to learn from others continues. it is fairly easy to obtain a green card in the united states of america if one has the skills that they need and which are in short supply globally. in sport this is so common to a point of nationhood being made a joke. all you have to ask is how many brazilian soccer players have been naturalised to play for national teams outside brazil. south africa has also exported many cricket and rugby players to many countries. despite the danger of overuse of non - citizens

leaders of bafokeng than him. let all those who appreciate the efforts of genuine african leadership support the challenging task of protecting the memory and legacy of kgosi edward patrick lebone. ibid. thomas friedman, 2000, the lexus and the olive tree, harper collins publishers. you lead a people whose earlier leaders had foresight while others were pre - occupied with fighting over the ownership of the olive tree. they were modern in thinking when they sent those men to work in the diamond mines in kimberley and used their earnings to acquire this prosperous land. this task, keeping the memory of the past leadership of this community alive, is our burden. this can be done by looking beyond the present and chart a future for all our people, this community and beyond. perhaps you may build a lexus in phokeng. thank you very much. kea leboga!