1/2 A lot of African countries especially Zimbabwe tout their natural resources as wealth. And constantly refer to this “wealth”. Minerals underground is not wealth. The big firms that extract and add value to ore are actually tiny compared to knowledge firms.

2/2. Drucker called knowledge the most valuable resource. Zimbabwe’s total resources can never compare to any held by the top 10 resource firms, whose ore bank spreads across continents. Yet these firms are valued far less than the knowledge firms.

Time to change course.