G20 South Africa

#G20SouthAfrica

Over the past two days, G20 Finance Ministers and Central Bank Governors convened at the Cape Town International Convention Centre (CTICC) to deliberate on financial matters that shape and influence the global economy. In existence for 25 years, the G20 Finance Track has been able to "galvanise actions with significant impact" during crucial turning points in the world. As the meeting concludes, SA's Minister of Finance, Mr Enoch Godongwana and the Governor of the South African Reserve Bank, Mr Lesetja Kganyago have expressed satisfaction with the outcome of the first Finance Ministers and Central Bank Governors under the G20 South Africa Presidency, successfully noting that all the member countries were represented. “A work programme has been agreed and adopted and will form the basis of discussions for the remainder of the 4 Finance Track Meetings scheduled for the year,” Minister Enoch Godongwana. Here's to a fruitful year of undertaking and completing important goals set out by the G20 member countries. #G20SouthAfrica Department of International Relations and Cooperation

WATCH LIVE | His Excellency President Cyril Ramaphosa opens the first meeting of Group of 20 (G20) Finance Ministers and Central Bank Governors under South Africa’s Presidency, in Cape Town. #G20SouthAfrica🇿🇦 #ReKaofela #BetterAfricaBetterWorld

#G20SouthAfrica🇿🇦 | President Cyril Ramaphosa will, today, Wednesday, 26 February 2025, open the first meeting of Group of 20 (G20) Finance Ministers and Central Bank Governors under South Africa’s Presidency, taking place at the Cape Town International Convention Centre, this week. The #G20 Finance Ministers and Central Bank Governors Meeting is hosted by Minister of Finance Enoch Godongwana and Governor of the South African Reserve Bank Lesetja Kganyago under South Africa’s G20 Presidency theme of “Solidarity, Equality, Sustainability”. #ReKaofela #BetterAfricaBetterWorld🌍

#G20SouthAfrica🇿🇦| The theme for #SouthAfrica’s G20 Presidency is “Solidarity, Equality, Sustainability” and its priorities are: 📌 Strengthening disaster resilience; 📌 Ensuring debt sustainability for low-income countries; 📌 Mobilising finance for a Just Energy Transition; and 📌 Harnessing critical minerals for inclusive growth and development. High-Level Deliverables: ✅ Task Force One – Inclusive Economic Growth, Industrialisation, Employment and Reduced Inequality; ✅ Task Force Two – Food Security; and ✅ Task Force Three – Artificial Intelligence, Data Governance and Innovation for Sustainable Development.   Furthermore, the group of ministers proposed the following Additional Initiatives: ▶️ Review of the Work of the G20; ▶️ a Cost of Capital Review; ▶️ a Broadened Compact with Africa 2.0; and ▶️ an Initiative on Critical Minerals. FULL SUMMARY: ➡️ https://lnkd.in/dgRG_Zdb #ReKaofela #BetterAfricaBetterWorld🌍

READ | At the conclusion of the First G20 Foreign Ministers’ Meeting under South Africa’s Presidency, the host, International Relations and Cooperation’s Minister Ronald Lamola delivered the Chairman’s Summary, during a briefing to members of the media ~ 21 February 2025. The leaders noted that the First G20 Foreign Ministers’ Meeting under South Africa’s Presidency was historic as it was the first G20 Foreign Ministers’ Meeting on the African Continent, and showed support for the theme of South Africa’s G20 Presidency: Solidarity, Equality, Sustainability and its priorities and High-Level Deliverables, namely: * Strengthening disaster resilience; * Ensuring debt sustainability for low-income countries; * Mobilising finance for a Just Energy Transition; and * Harnessing critical minerals for inclusive growth and development; in relation to High-Level Deliverables:  - Task Force One – Inclusive Economic Growth, Industrialisation, - Employment and Reduced Inequality; Task Force Two – Food Security; and Task Force Three – Artificial Intelligence, Data Governance and - Innovation for Sustainable Development.  Furthermore, the meeting proposed the following Additional Initiatives: * Review of the Work of the G20; * a Cost of Capital Review; a Broadened Compact with Africa 2.0; and * an Initiative on Critical Minerals. #G20SouthAfrica🇿🇦  #ReKaofela  #BetterAfricaBetterWorld🌍

At the conclusion of the First G20 Foreign Ministers’ Meeting under South Africa’s Presidency, the host, International Relations and Cooperation’s Minister Ronald Lamola delivered the Chairman’s Summary, during a briefing to members of the media. The leaders noted that the First G20 Foreign Ministers’ Meeting under South Africa’s Presidency was historic as it was the first G20 Foreign Ministers’ Meeting on the African Continent, and showed support for the theme of South Africa’s G20 Presidency: Solidarity, Equality, Sustainability and its priorities and High-Level Deliverables, READ | The Chairman’s Summary ➡️ https://lnkd.in/d87qhvu3 #G20SouthAfrica🇿🇦 #ReKaofela #BetterAfricaBetterWorld🌍 #SDGs

Did You Know? | The G20 Finance Track meetings get underway next week on 24 to 27 February. South Africa first hosted the G20 Finance Ministers and Central Bank Governors meeting in 2007. Governor Lesetja Kganyago explains the significance of the Finance Track meeting. #G20SouthAfrica🇿🇦 #ReKaofela #BetterAfricaBetterWorld🌍 #DYK

South Africa’s G20 Presidency takes place when the world is facing a series of overlapping and mutually reinforcing crises, including climate change, underdevelopment, inequality, poverty, hunger, unemployment, technological changes and geopolitical instability. The #G20 has a significant role to play in fostering global cooperation, collaboration and partnership to address the world’s challenges and achieve sustainable development. The meeting of G20 Foreign Ministers has grown in importance and became a valuable forum for discussions on a wide range of international issues and matters of shared concern. Minister Lamola hosted the ministers of Member States, as well as representatives of the African Union and European Union, at the First Meeting of G20 Foreign Ministers which took place from 20-21 February 2025, under South Africa’s #G20 theme: “Solidarity, Equality, Sustainability”. #G20SouthAfrica🇿🇦 #ReKaofela #BetterAfricaBetterWorld🌍

"We must remain true to the original G20 mandate of promoting strong, sustainable, balanced and inclusive growth. Geopolitical tensions, rising intolerance, conflict and war, climate change, pandemics and energy and food insecurity threaten an already fragile global coexistence. These challenges are interconnected. They require responses that are inclusive and coordinated." READ | President Cyril Ramaphosa's keynote address #G20 Foreign Ministers' Meeting opening session, 20 February 2025. https://lnkd.in/gx2v-Wkv #G20SouthAfrica #ReKaofela #BetterAfricaBetterWorld