World Cup History: A Timeline of Africa’s Greatest Moments on the Field
Ten pivotal moments that tell the story of how African football transformed itself.
Ten pivotal moments that tell the story of how African football transformed itself.
Ghana’s resolution represents a decisive step in an ongoing effort of historical reclamation and political transformation.
The presence of a warship can be the most tangible and visible sign of bilateral and multilateral friendships.
A recent poll conducted by the agricultural organisation Saai among farmers on the foot-and-mouth disease crisis unequivocally shows that farmers have completely lost confidence in the Department of Agriculture’s bureaucratic as well as political leadership. This should spark renewal within the department. The poll, with more than 2 000 individual participants, shows that 95% or […]
The post Foot-and-mouth disease poll reveals complete loss of confidence: Could current crisis be the catalyst for renewal of the Agriculture Department? appeared first on Freedom Front Plus.
The solution to housing affordability is to increase supply by building more housing
Cross Switch (www.Cross-Switch.com), a leading provider of innovative payment solutions, has reached a significant milestone by securing its own Third-Party Payment Processor (TPPP) licence.
The TPPP, issued by the Payments Association of South Africa (PASA) and sponsored by Absa, is a regulatory status that strengthens Cross Switch's position in the payments ecosystem. This achievement complements Cross Switch's recent certification as a Visa Payment Facilitator (PayFac).
Cross Switch brings a highly flexible payment platform (https://apo-opa.co/3GA0r1Q) to South Africa, enabling business scalability and growth. The company can now independently onboard merchants, fintechs and charities, substantially enhancing its service offering and announcing itself as an essential player in the South African payments landscape.
By obtaining an all-important TPPP licence, Cross Switch has reinforced its commitment to delivering quality, compliant and flexible payment solutions tailored specifically for South Africa's private and charitable sectors.
Cross Switch's entry as a licensed provider brings an adaptable API that allows South African merchants to transact seamlessly on the African continent, including in key markets such as South Africa, Kenya, Morocco and Ivory Coast. For merchants looking to expand into Latin America, Cross Switch also offers Argentina, Brazil, Mexico and Chile — with new countries, both in Africa and in other emerging markets, to be announced very soon!
“This is a vital step in expanding our network and strengthening our presence across the continent,” said Mark Chirnside, CEO of Africa, Cross Switch. “By enabling local merchants with multiple payment options, we're empowering African businesses with the tools to reach broader markets and unlock growth opportunities.”
Cross Switch now enables South African businesses to confidently target rapid expansion and deeper market penetration through frictionless access to local and international payment methods via its flexible API (CS+). The single API empowers merchants to accept payments across Africa and LATAM, and accept the local payment methods.
Cross Switch's immediate future in South Africa involves accelerating merchant onboarding. Contracts already signed represent a client base exceeding 1,000 merchants in South Africa. To complement over 1,000 merchants already using CS+ on the Continent.
Securing this licensing is a significant step forward in the Cross Switch journey. The company strives to realise its vision of delivering modern payment solutions that meet the varied needs of merchants and non-profits. The company's highly flexible payment platform drives financial inclusion and business scalability.
The company is also committed to expanding rapidly, enhancing its payment methods, and integrating advanced reconciliation engines — all underpinned by rigorous fraud prevention and risk management systems.
“Investing in South Africa is a strategic priority for Cross Switch,” said Tim Davis, Group CEO of Cross Switch. “We're resourcing up locally to ensure we're ready to meet growing demand, and this licence and certification enable us to deliver world-class payment services that are both agile and scalable.”
Cross Switch invites businesses interested in exploring robust and flexible payment solutions to connect directly at https://apo-opa.co/4jrGOrw to learn how its tailored offerings can support and amplify their operational ambitions.
Distributed by APO Group on behalf of Cross Switch.
Contact
South Africa: (+27) 21 205 5818
Luxembourg: (+352) 2088 1454
https://apo-opa.co/4jrGOrw
About Cross Switch:
Cross Switch is a payments technology company founded in 2022, operating across emerging markets, with active operations in South Africa, Kenya, Morocco, Ivory Coast and across Latin America. It provides flexible, secure and scalable solutions that support both local and cross-border transactions, helping merchants, fintechs and non-profits expand their reach and streamline their operations. Cross Switch is committed to driving financial inclusion and growth through collaboration, robust infrastructure, high service levels and a strong focus on emerging market needs.
Merck Foundation (www.Merck-Foundation.com), the philanthropic arm of Merck KGaA Germany, in partnership with the First Ladies of Africa, proudly announced the Winners of their Merck Foundation Africa Media Recognition Awards 2024 under the categories “More Than a Mother” and “Diabetes and Hypertension”.
The Awards Ceremony was conducted virtually to honor and celebrate the outstanding contributions of all the winning media professionals. The winners were warmly acknowledged by Senator Dr. Rasha Kelej, CEO of Merck Foundation and President of the “More Than a Mother” campaign.
Senator, Dr. Rasha Kelej expressed, “I am truly happy to announce the winners of our Media Awards, together with my dear sisters, The First Ladies of Africa, who are also the Ambassadors of the Merck Foundation ‘More Than a Mother' Campaign. This year, we are delighted to celebrate 125 outstanding winners from 36 countries. It brings me joy to see such impressive participation not only from across Africa but also from several Asian and Latin American countries. Congratulations to all our incredible winners!
It is a true pleasure to welcome you all as Merck Foundation Alumni. Let's continue to work together to raise awareness about critical social and health challenges, be the voice of the voiceless, and create culture shift in our communities.”
Merck Foundation Media Awards launched in 2017, are announced annually, with over 640 Winners from 52 countries celebrated to date.
The theme of the “More Than a Mother” Media Awards is to raise awareness about important social issues like: Breaking Infertility Stigma, Supporting Girl Education, Women Empowerment, Ending Child Marriage, Ending Female Genital Mutilation and/or Stopping Gender-Based Violence. The theme of the “Diabetes and Hypertension” Media Awards is to Promote a Healthy Lifestyle and raise awareness about prevention and early detection of Diabetes and Hypertension.
The Merck Foundation CEO also launched the Call for Applications for the 2025 Media Awards. “I am pleased to invite entries for the Merck Foundation Media Recognition Awards 2025 – “More Than a Mother” & “Diabetes and Hypertension”, in partnership with the African First Ladies. I look forward to receiving another outstanding round of impactful entries this year as well.” Said Senator Dr. Rasha Kelej.
Winners of Merck Foundation "More Than a Mother" Media Recognition Awards 2024
Here are the winners from West African Countries in partnership with The First Lady of the Republic of The Gambia, H.E. Mrs. FATOUMATTA BAH-BARROW; and The First Lady of the Republic of Sierra Leone, H.E. Dr. FATIMA MAADA BIO:
PRINT CATEGORY WINNER
ONLINE CATEGORY WINNERS
RADIO CATEGORY WINNER
MULTIMEDIA CATEGORY WINNERS
Here are the Winners from Southern African Countries in partnership with The First Lady of the Republic of Malawi, H.E. Mrs. MONICA CHAKWERA; The First Lady of the Republic of Zimbabwe, H.E. Amai Dr. AUXILLIA MNANGAGWA:
PRINT CATEGORY WINNERS
ONLINE CATEGORY WINNERS
RADIO CATEGORY WINNERS
MULTIMEDIA CATEGORY WINNERS
Here are the winners from East African Countries:
PRINT CATEGORY WINNERS
ONLINE CATEGORY WINNERS
RADIO CATEGORY WINNERS
MULTIMEDIA CATEGORY WINNER
Here are the winners from French Speaking African Countries in partnership with The First Lady of the Republic of Burundi, H.E. Madam ANGELINE NDAYISHIMIYE; The First Lady of Democratic Republic of the Congo, H.E. Madam DENISE NYAKERU TSHISEKEDI:
PRINT CATEGORY WINNER
ONLINE CATEGORY WINNERS
RADIO CATEGORY WINNERS
MULTIMEDIA CATEGORY WINNERS
Here are the winners from Portuguese Speaking African Countries in partnership with The First Lady of the Republic of Cabo Verde, H.E. Dr. DÉBORA KATISA CARVALHO:
ONLINE CATEGORY WINNERS
RADIO CATEGORY WINNERS
MULTIMEDIA CATEGORY WINNERS
Merck Foundation "Diabetes & Hypertension" Media Recognition Awards 2024
Here are the winners from West African Countries in partnership with The First Lady of the Republic of The Gambia, H.E. Mrs. FATOUMATTA BAH-BARROW; and The First Lady of the Republic of Sierra Leone, H.E. Dr. FATIMA MAADA BIO:
PRINT CATEGORY WINNER
ONLINE CATEGORY WINNERS
RADIO CATEGORY WINNERS
MULTIMEDIA CATEGORY WINNER
Here are the Winners from Southern African Countries in partnership with The First Lady of the Republic of Malawi, H.E. Mrs. MONICA CHAKWERA; The First Lady of the Republic of Zambia, H.E. Mrs. MUTINTA HICHILEMA; The First Lady of the Republic of Zimbabwe, H.E. Amai Dr. AUXILLIA MNANGAGWA:
PRINT CATEGORY WINNER
ONLINE CATEGORY WINNERS
RADIO CATEGORY WINNERS
Here are the winners from East African Countries:
PRINT CATEGORY WINNER
ONLINE CATEGORY WINNERS
RADIO CATEGORY WINNERS
MULTIMEDIA CATEGORY WINNER
Here are the winners from French Speaking African Countries in partnership with The First Lady of the Republic of Burundi, H.E. Madam ANGELINE NDAYISHIMIYE; and The First Lady of Democratic Republic of the Congo, H.E. Madam DENISE NYAKERU TSHISEKEDI:
PRINT CATEGORY WINNERS
ONLINE CATEGORY WINNERS
RADIO CATEGORY WINNERS
MULTIMEDIA CATEGORY WINNER
Here are the winners from ASIAN Countries:
PRINT CATEGORY WINNER
ONLINE CATEGORY WINNERS
Here are the winners from LATIN AMERICA Countries:
ONLINE CATEGORY WINNERS
MULTIMEDIA CATEGORY WINNER
Details of Merck Foundation Media Awards 2025:
1. Merck Foundation Africa Media Recognition “More Than a Mother” Awards 2025
Theme for the awards: Breaking Infertility Stigma, Supporting Girl Education, Women Empowerment, Ending Child Marriage, Ending FGM, and/or Stopping GBV at all levels.
Who can apply: Journalists from Print, Radio, Online, and Multimedia platforms from the following groups:
Submission deadline: 30th September 2025.
Theme for the awards: Promoting a healthy lifestyle and raising awareness about prevention and early detection of Diabetes and Hypertension.
Who can apply: Journalists from Print, Radio, Online, and Multimedia platforms from the following groups:
Submission deadline: 30th October 2025.
All entries are to be submitted to submit@merck-foundation.com.
Distributed by APO Group on behalf of Merck Foundation.
Contact details:
Mehak Handa
Community Awareness Program Manager
+91 9310087613 / +91 9319606669
mehak.handa@external.merckgroup.com
Join the conversation on our social media platforms below and let your voice be heard!
Facebook: https://apo-opa.co/4cLhp9K
X: https://apo-opa.co/3EtS73f
YouTube: https://apo-opa.co/4cUG7o7
Instagram: https://apo-opa.co/3GnWcqj
Threads: https://apo-opa.co/3EvXLlq
Flickr: https://apo-opa.co/42ZoEr6
Website: www.Merck-Foundation.com
About Merck Foundation:
The Merck Foundation, established in 2017, is the philanthropic arm of Merck KGaA Germany, aims to improve the health and wellbeing of people and advance their lives through science and technology. Our efforts are primarily focused on improving access to quality & equitable healthcare solutions in underserved communities, building healthcare & scientific research capacity, empowering girls in education and empowering people in STEM (Science, Technology, Engineering, and Mathematics) with a special focus on women and youth. All Merck Foundation press releases are distributed by e-mail at the same time they become available on the Merck Foundation Website. Please visit www.Merck-Foundation.com to read more. Follow the social media of Merck Foundation: Facebook (https://apo-opa.co/4cLhp9K), X (https://apo-opa.co/3EtS73f), Instagram (https://apo-opa.co/3GnWcqj), YouTube (https://apo-opa.co/4cUG7o7), Threads (https://apo-opa.co/3EvXLlq) and Flickr (https://apo-opa.co/42ZoEr6).
The Merck Foundation is dedicated to improving social and health outcomes for communities in need. While it collaborates with various partners, including governments to achieve its humanitarian goals, the foundation remains strictly neutral in political matters. It does not engage in or support any political activities, elections, or regimes, focusing solely on its mission to elevate humanity and enhance well-being while maintaining a strict non-political stance in all of its endeavors.
G20 Finance Ministers set to meet in US
The Group of Twenty (G20) Finance Ministers and Central Bank Governors are set to convene a two-day meeting on the sidelines of the International Monetary Fund (IMF) and World Bank Spring Meetings, taking place in the United States, later this month.
The G20 is an international forum of both developing and developed countries, which seeks to find solutions to global economic and financial issues.
This meeting is part of the Finance Track under South Africa’s G20 Presidency, which will gather Finance Ministers and Central Bank Governors of G20 member countries, invited countries, and international organisations to discuss global economic challenges, financial stability, and policies aimed at fostering economic growth.
South Africa’s G20 Presidency commenced on 1 December 2024 and will run until 30 November 2025. It is taking place under the theme: “Solidarity, Equality, and Sustainability.”
The Finance Track is co-chaired by Finance Minister, Enoch Godongwana, and South African Reserve Bank Governor, Lesetja Kganyago.
G20 members include the world’s major economies, representing 85% of global GDP, 75% of international trade, and two-thirds of the world’s population.
The G20 comprises 19 countries (including Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, the United Kingdom, and the United States), the European Union, and since 2023, the African Union.
The two-day meeting will take place from 23-24 April 2025, in Washington, D.C.
nosihle
Tue, 04/15/2025 - 11:14
157 views
G20 Development Working Group meeting to get underway
The South African Presidency of the Group of Twenty (G20) is this week convening the second Development Working Group (DWG) meeting in the Western Cape.
“The G20 DWG plays a pivotal role in shaping global development priorities, focusing on reducing inequalities, promoting sustainable growth, and strengthening international partnerships,” the Department of Planning, Monitoring and Evaluation said.
Starting on Monday, 14 April and ending on Wednesday, 16 April, the meeting will serve as a platform for in-depth discussions on key development challenges and cooperative solutions.
The G20 is an international forum of both developing and developed countries, which seeks to find solutions to global economic and financial issues.
South Africa’s G20 Presidency commenced on 1 December 2024 and will run until 30 November 2025.
The gathering will bring together representatives from G20 member states, invited countries, and international organisations to deliberate on policies that foster inclusive economic growth and sustainable development.
In alignment with the theme of Solidarity, Equality, and Sustainability, the discussions will focus on three high-level priorities:
• High-Level Principles on Global Public Goods and Global Public Investment.
• Mobilising Finance for Development and Means of Implementation.
• Building Resilience through Universal Social Protection Floors.
The G20 members represent around 85% of the global Gross Domestic Product, over 75% of the global trade, and about two-thirds of the world population.
It comprises 19 countries (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, United Kingdom, and United States) and two regional bodies, namely the European Union (EU) and African Union (AU).
The three-day meeting is taking place at the Lord Charles Hotel in Somerset. -SAnews.gov.za
nosihle
Mon, 04/14/2025 - 10:08
6 views
South Africa's Strategic Adaptation to US Tariffs: Advancing National Interests through Policy and Strategy
The new tariff regime arising from the decision by the United States of America, which have been directed not only to South Africa, but the entire world necessitates strategic responses to maintain and grow our industrial base, as a crucial avenue to pursue inclusive growth.
In response to the US Government's imposition of tariffs, South Africa will continue to navigate the challenges and opportunities these measures present with resilience and innovation. Guided by its national interests and aligned with its broader trade and industrial policy, South Africa is committed to ensuring economic growth, industrial development, and the well-being of its citizens.
South Africa intends to:
1. Negotiate Favourable Agreements
South Africa will work to secure opportunities, in a context of a rapid withdrawal of favourable arrangements giving our exports preferential access to the United States of America. This might involve securing additional exemptions and favourable quota agreements, ensuring our industries maintain critical access to the US market, including through sectoral cooperation. This aligns with the national interest of promoting economic prosperity and safeguarding the livelihoods of South Africans.
2. Diversify and Expand Trade Relations
Efforts will intensify to diversify export destinations, targeting markets across Africa, as well as in Asia, Europe, Middle East, and Americas.
Moreover, such efforts will also, where deemed appropriate involve bilateral arrangements where these allow for the pursuance of our national interest. In our presidency of the G20, as the recent engagements at the G20 trade and investment working group (TIWG) indicate, the issue of supply chain geographical diversification is a challenge confronting all open market economies the world over.
This diversification supports South Africa's industrial strategy and reduces dependency on single destination markets for our exports or single sources for our intermediate input requirements. Fostering resilience in line with national economic priorities.
3. Enhance Regional Trade Collaboration
South Africa will leverage the African Continental Free Trade Area (AfCFTA) to bolster intra-African trade, fostering stronger regional economic integration and cooperation. This approach aligns with the national interest of contributing to a better Africa and world.
4. Focus on Value-Added Production
Industries will prioritise transforming raw materials into higher value finished goods, reducing tariff exposure and driving innovation to improve profitability. This supports South Africa's industrial policy objectives of boosting local manufacturing and creating jobs.
5. Stimulate Domestic Growth
The government will invest strategically in industries impacted by the tariffs, supporting economic growth through modernisation and targeted infrastructure development. This aligns with the national interest of ensuring the well-being of South African citizens.
6. Forge Global Alliances
South Africa will continue to build strategic partnerships with other nations enhancing collaboration and our influence in international trade negotiations. This reflects the national interest of strengthening global diplomatic and economic ties.
South Africa's tariff and industrial strategy are designed to support industrial development, employment growth, and economic resilience. By aligning these policies with the national interest, South Africa will ensure that its economy emerges stronger, more diversified, and resilient in the face of global trade complexities.
This approach will also apply to the 7 February Executive Order, which is currently being attended by an interdepartmental team which includes the departments affected by the executive order.
The 31% tariff implemented by the US Administration will be effective from 9 April 2025. South Africa's average tariff is 7.6% and therefore South Africa needs clarity on the basis for the 31% to be implemented by the US.
It is important to note that products such as copper, pharmaceuticals, semiconductors, lumber articles, certain critical minerals, and energy and energy products have been exempted from the reciprocal tariffs. Some of these materials are already key parts of the United States of America's sourcing requirements. According to the United States Geological Survey, 97% of their chrome ore requirements come from South Africa, 6% of fluorspar import requirements and 24% of the United States manganese requirements. These reciprocal tariffs will not apply to products already facing Section 232 tariffs of 25% such as steel, aluminium, automobiles and auto parts.
The reciprocal tariffs effectively nullify the preferences that Sub-Saharan Africa countries enjoy under the Africa Growth and Opportunity Act (AGOA). The sweeping tariff measures will affect several sectors of our economy, including automotive industry, agriculture, processed food and beverage, chemical, metals, and other segments of manufacturing, with implications for jobs and growth.
The US represented 7.45% of South Africa's total exports in 2024, while South Africa accounted for only 0.4% of US total imports. As such, South Africa does not constitute a threat to US and where there is a trade imbalance in favour of South Africa, it is mainly on agriculture products which are counter-cyclical and on minerals which are inputs in US industries.
South Africa will continue building domestic supply resilience, reducing cost of doing business and increasing competitiveness of our economy. Further, South Africa will continue with efforts to diversify export markets as part of its resilience building strategy.
The significant market access opportunities both through trade agreements and through strategic partnerships with countries across the globe present huge opportunities for our exports. The recently concluded Africa Continental Free Trade Area (AfCFTA) remains untapped, beyond the Southern Africa Development Community (SADC).
Furthermore, South Africa enjoys preferential market access through the Southern Africa Customs Union, SADC, SADC-EU Economic Partnership Agreement (EPA), SACU+Mozambique-UK EPA, the European Free Trade Association (EFTA), MERCUSUR (that includes Argentina, Brazil, Paraguay and Uruguay) and Japan Generalised System of Preferences. In addition, government is strengthening relations with countries in Asia and the Middle East to open new market access opportunities. Some of these efforts are bearing fruit with new market access opportunities for our agriculture products.
To re-iterate the Presidency, whilst South Africa remains committed to a mutually beneficial trade relationship with the United States, unilaterally imposed and punitive tariffs are a concern and serve as a barrier to trade and shared prosperity. The tariffs affirm the urgency to negotiate a new bilateral and mutually beneficial agreement with the US, that will establish more fair-trade relations with the US as an essential step to secure long-term trade certainty.
Distributed by APO Group on behalf of Republic of South Africa: Department of International Relations and Cooperation.
Motsoaledi urges global action to address health funding gaps
Health Minister Dr Aaron Motsoaledi has reiterated the importance of nations reallocating resources towards health, strengthening global health partnerships, and exploring innovative financing mechanisms to address funding gaps.
The Minister was delivering the keynote address at the second meeting of the G20 Health Working Group today in Ballito, KwaZulu-Natal.
The Minister used the platform to highlight South Africa’s commitment to universal health coverage (UHC) through the National Health Insurance (NHI) system, which aims to provide financial protection and efficient resource utilisation.
“In South Africa, we are actively pursuing transformation to achieve universal health coverage through our NHI system.
“The NHI is designed to provide financial protection for all, ensuring that access to quality healthcare is not dependent on one’s ability to pay [for] it, and it will also assist in the efficient utilisation of our resources by pulling funds and strategically purchasing services.”
Motsoaledi cited data from the World Health Organisation (WHO), which indicate that the number of people shielded from catastrophic health spending had been steadily increasing before the COVID-19 pandemic. However, since then, about 100 million people have fallen back into financial hardship due to health-related expenses.
Motsoaledi believes that the NHI is a concrete demonstration of government’s commitment to leaving no one behind, and fostering and strengthening the resilience of the health system.
The Minister quoted the late Harvard Department of Anthropology’s Professor Paul Farmer on the value of all lives and urged G20 members to increase public financing of health systems as a fundamental investment.
“I want to quote the idea that 'some lives matter less' is the root of all that is wrong with the world.
“We implore all G20 members to champion increased public financing of health systems.
“This is not merely a budgetary issue; it’s a fundamental investment in our collective future.”
Motsoaledi urged attendees to prioritise public health over competing interests, ensuring that adequate resources are allocated to meet the health needs of the nation’s populations.
“Furthermore, we must all align our efforts beyond financing. We must address the persistent health inequities that plague our world.”
Non-communicable diseases
Motsoaledi highlighted the importance of addressing health inequities, particularly in low and middle-income countries, and the need for multilateral approaches to prevent and control non-communicable diseases (NCDs).
He said the upcoming United Nations High-Level Meeting on NCDs is seen as a crucial opportunity to galvanise global action against chronic conditions like heart disease, cancer, diabetes and chronic respiratory diseases.
“We must alleviate the financial burden, restrict unhealthy food marketing, finance emergency health services, and accelerate cervical cancer elimination, the only cancer which is preventable.”
The theme of the three-day meeting is: “Accelerating Health Equity, Solidarity, and Universal Coverage”.
Along with this meeting, a co-sponsored event focused on eliminating cervical cancer, is also taking place.
“We must move beyond dialogue and commit to concrete steps. South Africa is committed to collaborating with all the G20 members to achieve our shared goals.
“Let us work together to ensure that health remains a priority, not a commodity, especially during these unstable economic times,” Motsoaledi added.
South Africa, which assumed the G20 Presidency in December, is currently hosting various working groups and ministerial meetings throughout the country.
These meetings are focused on key topics such as health, employment, trade, tourism, and the digital economy -- all in preparation for the G20 Leaders’ Summit scheduled for November this year.
The G20 comprises 19 countries including Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, United Kingdom, and the United States. It also includes two regional bodies – the European Union (EU) and the African Union (AU). – SAnews.gov.za
Gabisile
Wed, 03/26/2025 - 11:43
166 views
Motsoaledi to open second G20 Health Working Group meeting in KZN
Health Minister Dr Aaron Motsoaledi will deliver the keynote address at the opening of the second meeting of the Group of Twenty (G20) Health Working Group on Wednesday.
The meeting will take place at the Capital Zimbali Resort in Ballito, KwaZulu-Natal, and will last for three days.
The theme of the meeting will be “Accelerating Health Equity, Solidarity, and Universal Coverage".
Motsoaledi will be joined by Deputy Health Minister Dr Joe Phaahla, KwaZulu-Natal Premier Thami Ntuli, and KwaZulu-Natal Health MEC Nomagugu Simelane.
The event will also include several side events that provide a platform for delegates to engage in bilateral and multilateral discussions on various critical issues, including strengthening health systems and promoting equitable access to health services.
Key issues for discussion during the meeting and side events include financial protection for universal health coverage (UHC) and maintaining health financing amid a challenging global economy.
The meeting will also zoom into strengthening investments and advancing UHC, bridging the equity gap to accelerate action to address the burden of non-communicable diseases, and responding to the global health financing emergency.
The Department of Health has announced that a co-sponsored event focused on the elimination of cervical cancer will take place alongside this meeting.
Delegates from G20 countries, invited nations, representatives, and international organisations will be in attendance.
South Africa holds the G20 Presidency from 1 December 2024 to 30 November 2025, only five years before the deadline of the United Nations (UN) 2030 Agenda. South Africa has embraced the theme “Solidarity, Equality, Sustainability” for its G20 Presidency.
The G20 comprises 19 countries including Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, United Kingdom, and the United States and two regional bodies, namely the European Union (EU) and the African Union (AU).
The first virtual G20 Health Working Group meeting was held in January as part of the country’s G20 Presidency activities planned for this year. – SAnews.gov.za
Gabisile
Tue, 03/25/2025 - 10:32
14 views
Minister leads G20 environment working group
Minister of Forestry, Fisheries and the Environment, Dr Dion George, will this week lead the Group of Twenty (G20) Environment and Climate Sustainability Working Group (ECSWG) as part of South Africa’s Presidency of the G20.
“It is expected that the outcome of this first virtual G20 ECSWG meeting will provide strategic direction and a common understanding amongst G20 Member States on the key environmental and climate change priorities and deliverables,” the Minister said on Sunday.
Taking place under the theme: “Solidarity, Equality, and Sustainability,” the Minister is expected to open the meeting on Tuesday, by setting the scene for South Africa’s Presidency of the G20 ECSWG, provide an opportunity to discuss the five priorities and deliverables, and also present the proposed work plan for the G20 ECSWG for 2025.
The priority focus areas for South Africa’s Presidency of the G20 ECSWG include:
The G20 ECSWG aims to enhance cooperation amongst all G20 members and invitees to address environmental and climate change priorities.
The G20 comprises 19 countries: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, United Kingdom and United States, as well as two regional bodies, namely the European Union and the African Union.
The G20 members represent about two-thirds of the world population, approximately 85% of the global GDP and over 75% of the global trade.
This platform is considered as the leading forum for international economic cooperation and plays an important role in shaping and strengthening global architecture and governance on all major international economic issues.
South Africa’s Presidency of the G20 commenced on 01 December 2024 and will continue until 30 November 2025.
The Presidency will build upon on the achievements of India (2023 Presidency) and Brazil (2024 Presidency), to ensure continuity in advancing the developmental agenda within the G20.
“South Africa’s G20 Presidency provides a unique opportunity for the country to champion the aspirations of emerging market economies and lead the developmental agenda of the African Continent within the framework of the G20."
A total of three G20 ECSWG meetings and one ECSWG Ministerial meeting will be held in South Africa, with the first virtual meeting scheduled to take place from 25 – 28 March 2025; followed by the second meeting from 14-18 July 2025 at Kruger National Park, and the final meeting in October 2025 at Cape Town.
The Ministerial meeting will be held back-to-back with the third ECSWG meeting in October 2025.
The department will also roll out outreach and awareness activities in the buildup to the three G20 ECSWG meetings throughout the country to amplify the messaging on the focus areas for the G20 ECSWG.
“The department will leverage South Africa’s Presidency of the G20 to market and showcase the Kruger-Kirstenbosch-iSimangaliso Icon Status Strategy (KISS). Some of the meetings and activities will take place at these iconic world-class sites to showcase them on the global stage,” the Minister said. - SAnews.gov.za
nosihle
Mon, 03/24/2025 - 10:00
179 views
SA hosts second G20 Health Working Group meeting in KZN
South Africa will next week host the second meeting of the Group of 20 Health Working Group (G20 HWG).
The meeting is set to kick off on Wednesday, 26 March 2025, at the Capital Zimbali Resort in Ballito, KwaZulu-Natal.
The three-day meeting will focus on the theme “Accelerating Health Equity, Solidarity, and Universal Coverage.”
The event will include several side events that provide a platform for delegates to engage in bilateral and multilateral discussions on various critical issues, including strengthening health systems and promoting equitable access to health services.
Key issues for discussion during the meeting and side events include financial protection for universal health coverage (UHC) and maintaining health financing amid a challenging global economy.
The meeting will also zoom into strengthening investments and advancing UHC, bridging the equity gap to accelerate action to address the burden of non-communicable diseases, and responding to the global health financing emergency.
The Department of Health has announced that a co-sponsored event focused on the elimination of cervical cancer will take place alongside this meeting.
Delegates from G20 countries, invited nations, representatives, and international organisations will be in attendance.
The G20 comprises 19 countries including Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, United Kingdom, and the United States and two regional bodies, namely the European Union and the African Union.
Minister of Health Dr Aaron Motsoaledi will deliver a keynote address during the opening session on 26 March 2025.
He will be accompanied by Deputy Health Minister Dr Joe Phaahla, Premier of KwaZulu-Natal Thami Ntuli and KwaZulu-Natal Health MEC Nomagugu Simelane. – SAnews.gov.za
Gabisile
Mon, 03/17/2025 - 15:20
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President Ramaphosa to open G20 finance track meeting
President Cyril Ramaphosa will open the first meeting of the Group of 20 (G20) Finance Ministers and Central Bank Governors’ under South Africa’s Presidency.
“The first G20 Finance Meeting and Central Bank Governors Meeting in South Africa will focus on the thematic areas of [the] global economy, debt, infrastructure, joint finance and health task force, international taxation, finance sector issues, and sustainable finance,” the Presidency said on Tuesday.
This engagement will take place at the Cape Town International Convention Centre on Wednesday, 26 February 2025.
The G20 Finance Ministers and Central Bank Governors’ Meeting is hosted by the 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 and Sustainability.”
The Finance Ministers meeting is preceded by the second meeting of the Finance and Central Bank Deputies which took place on 24 and 25 February 2025.
“South Africa’s G20 Presidency commenced in December 2024, and the Finance Ministers and Central Bank Governors’ meeting is part of a series of 23 ministerial and approximately 130 working groups meetings that will take place during the course of 2025. The year-long deliberations will culminate in a G20 Leaders’ Summit in November 2025,” the Presidency said.
The G20 was originally established as a meeting of Finance Ministers in response to the Asian financial crisis of 1997-99, with the aim of coordinating policies to promote international financial stability’.
This initiative was elevated to a Heads of State and Government Leaders Meeting in 2008 after the global financial crisis of 2007.
Together, G20 members account for around 85% of global Gross Domestic Product (GDP) and 75% of international trade.
It comprises 19 countries including: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, United Kingdom, and United States and two regional bodies, namely the European Union and the African Union.
The grouping therefore plays a critical role in influencing global policy making and fostering global economic stability. -SAnews.gov.za
nosihle
Tue, 02/25/2025 - 12:00
505 views
South Africa to focus on development and growth during G20 Presidency
South Africa will use its G20 Presidency to review the group’s processes, address financing for development, and tackle barriers to growth in developing countries, including those in Africa.
Addressing the opening of the G20 Finance Ministers' and Central Bank Governors' meeting, National Treasury Director-General, Dr Duncan Pieterse, outlined a range of issues that will be discussed at this week’s finance track meetings, taking place in Cape Town.
This as the Finance and Central Bank Deputies' meeting is taking place at the Cape Town International Convention Centre, on 24 and 25 February 2025. The meeting will be followed by the first meeting of the G20 Finance Ministers and Central Bank Governors on 26 to 27 February 2025.
“South Africa has signalled a strong and keen intent to review the operational process of the G20. Last month, the G20 began its 26th year of operation, however the operational processes of the G20 have rarely been reviewed.
“In the coming months and following the discussions this week, the South African Presidency working with the G20 membership will for the first time conduct a review of these processes and consider how to improve and strengthen them. We will also discuss various other opportunities for G20 engagement this year,” Pieterse said on Monday.
South Africa’s G20 Presidency commenced on 1 December 2024, and all engagements are being held under the theme: “Solidarity, Equality, Sustainability.” The theme underscores the nation’s focus on inclusive global economic growth, with particular attention to the needs of the world’s most vulnerable nations.
He said one of the issues of importance to the world’s poorest and most vulnerable countries is the issue of financing for development.
“Today we will discuss the Financing for Development Conference that is happening in July this year and how the G20 Finance Track might consider engaging with this process.
“We will also hold a very important meeting on the challenges and the constraints to growth in developing countries, including African countries,” the Director-General said.
Other issues of relevance to the membership to G20 will be discussed as well.
“We have worked on a very detailed programme and the work continues this week. Over the last few weeks and months, the G20 working groups of the Finance Track have met and have made progress in shaping our agenda for this year, which is going to be taken forward and discussed in detail this week,” he said.
This week, there will be several critical side meetings, including the meeting of the G20 Troika members, the meeting of the G20 emerging markets and developing economies, which took place this morning, as well as several bilateral meetings with various G20 members and other international organisations.
“This morning, we had an emerging market and developing economies breakfast where we discussed a wide range of challenges affecting emerging markets and economies.
“The participants in our meeting reflected on various issues, including the current state of the global economy, issues relating to debt and how it affects Africa in particular, various perspectives on the reform of the financial architectural were shared and the challenges facing members in affording financing for development and the importance of the Financing for Development Conference that is happening later this year in Spain, which is one of the areas we will discuss,” Pieterse said.
Some of the side events for this week include domestic resource mobilisation, bridging the tax gap, cross border payments, global financial architecture in transition and a cost of capital roundtable.
The G20 was established to tackle pressing global economic and financial issues. Together, G20 members account for around 85% of global GDP and 75% of international trade.
It comprises 19 countries including: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, United Kingdom, and United States and two regional bodies, namely the European Union and the African Union.
The grouping therefore plays a critical role in influencing global policy making and fostering global economic stability. -SAnews.gov.za
nosihle
Mon, 02/24/2025 - 11:29
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G20 finance track meeting to tackle global economic issues
Global leaders will this week come together in Cape Town to tackle economic and financial challenges in an effort to promote stability, growth and international cooperation at the Group of Twenty (G20) Finance Track meetings.
South Africa’s Presidency of the G20 continues full steam ahead - with the country's efforts to foster greater collaboration among the G20 members to address pressing global issues and find sustainable solutions that prioritise the well-being of all people.
South Africa’s G20 Presidency commenced on 1 December 2024 and all engagements are being held under the theme: “Solidarity, Equality, Sustainability” as the country endeavours to ensure “no one is left behind.”
The Finance Track deals with strategic macroeconomic and financial stability issues and is led by member countries’ Finance Ministers and central bank heads.
South Africa will host the first meeting of the G20 Finance Ministers and Central Bank Governors on 26 to 27 February 2025 at the Cape Town International Convention Centre.
This meeting will be preceded by the Finance and Central Bank Deputies meeting on 24 and 25 February 2025.
The Finance Track has four working groups, which includes the Framework working group, Sustainable Finance working group, International Financial Architecture, and Infrastructure working group.
In addition, there are three technical groups, not classified as working groups, which deal with financial inclusion, financial sector issues and international taxation.
The G20 was established to tackle pressing global economic and financial issues. Together, G20 members account for around 85% of global GDP and 75% of international trade.
It comprises 19 countries including: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, United Kingdom, and United States and two regional bodies, namely the European Union and the African Union.
The grouping therefore plays a critical role in influencing global policy making and fostering global economic stability. -SAnews.gov.za
nosihle
Mon, 02/24/2025 - 06:01
296 views
President convenes Cabinet Lekgotla
President Cyril Ramaphosa has convened a Cabinet Lekgotla with leaders from all spheres of government - to review government’s progress on priorities, assess challenges and set the agenda for the seventh administration.
Addressing members of the media on the agenda of the two-day meeting, Minister in the Presidency, Khumbudzo Ntshavheni, said government was finalising the Medium-Term Development Plan (MTDP) 2024/2029.
The plan proposes three strategic priorities, which include inclusive growth and job creation; reducing poverty and tackling the high cost of living, as well as building a capable, ethical and developmental State.
“We are focusing on the practical actions that we need to take to make good on the promises that we have made and set practical timeframes so that we can realise the priorities of the MTDP.
“We also received a scene-setting report from National Treasury on the economic outlook and the global outlook -- trends that will inform government planning.
“We are looking at what we want to achieve in terms of reforms on global institutions, in particular the security system of the United Nations and global funding institutions,” the Minister said on Wednesday, on the sidelines of the Cabinet Lekgotla.
Other areas of focus include funding Small, Medium, and Micro Enterprises (SMMEs) and the “missing middle”, in reference to students whose household income is too high to qualify for National Student Financial Aid Scheme (NSFAS) funding, yet too low to afford tertiary education without financial assistance.
The Cabinet Lekgotla is taking place on 29 and 30 January 2025 at the Sefako Makgatho Presidential Guest House, in Pretoria.
The outcomes of the meeting will shape government’s policies and programmes that will be announced by the President during his State of the Nation Address (SONA) in Parliament on Thursday, 6 February 2025, at 19:00.
With the seventh administration being under the Government of National Unity (GNU), which comprises 10 political parties from across the spectrum, Ntshavheni emphasised that the meeting will prioritise the interests of the country.
“We are meeting as the GNU and we are not bringing party political interests. We are going to negotiate and discuss as members of Cabinet and representatives of provinces, which are represented by Premiers.
“We work for the best benefit of our country and not the best benefit of our parties. The engagements are on the level of us being members of the national executive,” Ntshavheni said.
South Africa’s term for the Group of Twenty (G20) presidency also features on the meeting’s agenda.
“As we are preparing to host the G20, we will receive a report on the logistics and the content on government goals for the summit,” the Minister said.
South Africa holds the G20 Presidency from 1 December 2024 to 30 November 2025, under the theme: “Solidarity, Equality, Sustainability” .
South Africa's G20 Presidency is the fourth consecutive emerging market Presidency, and it is also the first African Presidency, followed by the admission of the African Union (AU) as the second permanent African member.
The G20 was established to tackle pressing global economic and financial issues. Together, G20 members account for around 85% of global GDP and 75% of international trade.
The G20 comprises 19 countries, including Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, the United Kingdom and the United States, and two regional bodies, namely the European Union and the African Union.
The grouping plays a critical role in influencing global policy making and fostering global economic stability. - SAnews.gov.za
nosihle
Wed, 01/29/2025 - 18:23
SA signs international treaty to boost food security, biodiversity
South Africa has joined scores of countries worldwide that have formalised their commitment to ensuring the conservation and sustainable use of plant genetic resources for food and agriculture.
The Department of Agriculture, Land Reform and Rural Development (DALRRD) announced on Tuesday that South Africa has officially signed the International Treaty on Plant Genetic Resources for Food and Agriculture (ITPGRFA).
The objectives of the ITPGRFA are conservation and sustainable use of plant genetic resources for food and agriculture, and to promote the fair and equitable sharing of these benefits arising from their use, in agreement with the Convention on Biological Diversity for sustainable agriculture and food security.
The treaty also aims to, among others, recognise the contribution of farmers in enhancing the diversity of crops that feed the world; establish a global system to provide farmers, plant breeders and scientists with access to plant genetic materials, and ensure that the recipients thereof share the benefits they derive from using these genetic materials.
Some of the countries that have ratified the treaty include Australia, Belgium, Egypt, the United States of America and Argentina, to name a few.
South Africa submitted its instrument of accession with the Director-General of the Food and Agricultural Organisation (FAO) on 23 December 2024, making it the 154th Contracting Party to this international treaty.
By joining the ITPGRFA, the DALRRD said South Africa is reaffirming its commitment to global efforts to conserve and sustainably use plant genetic resources, which are essential for food security and agricultural biodiversity.
This is aligned with the recently approved White Paper on Conservation and Sustainable Use of South Africa’s Biodiversity.
“South Africa’s accession to the ITPGRFA brings new opportunities for collaboration within the treaty’s framework, including participation in its multilateral system, which facilitates access to a global pool of genetic resources.
“The ITPGRFA’s national implementation will require close collaboration between the National Genebank, the relevant national departments, provincial Departments of Agriculture, community seed banks, farmers, civil society organisations, industry and research and academic institutions,” the department said.
More information on the ITPGRFA can be accessed on https://www.fao.org/plant-treaty/en/. – SAnews.gov.za
GabiK
Wed, 01/29/2025 - 10:27
At the 3rd BRICS + (Brazil, Russia, India, China, South Africa, Egypt, Iran, Arab Emirates, Ethiopia + partners) Digital Competition Forum, the BRICS Competition Law and Policy Centre (www.BRICSCompetition.org) presented a new methodological approach to analyzing and regulating food markets that takes into account their accelerating digitalization. Specific tools that are being developed within the BRICS framework were also announced. One of the targeted tools will be the food market and restrictions on the activities of monopolists like Covantis.
Alexey Ivanov, Director of the BRICS Competition Law and Policy Centre, highlighted that digitalization strengthens the global power of large corporations, which, as a result, poses a threat of market monopolization. He urged BRICS antitrust regulators to pay close attention to a similar example of increasing market power through digitalization — the blockchain platform Covantis. The platform aims to digitize the entire agribusiness trade process, from contract management to final shipping. Founded by the largest agro-traders of the ABCCD group (ADM, Bunge, Cargill and Louis Dreyfus and COFCO) and Viterra, Covantis avoids antitrust scrutiny due to its structure. At the same time, the platform collects valuable commercial information about production from farmers and agricultural traders. The platform has already become a dominant player in grain trade. For example, in Brazil, 76% of grain exports go through the platform. In 2023, 53% of grain exports from the US, 34% from Canada and 51% from Argentina went through the Covantis platform. At the same time, the owners of the platform do not allow most of the local big players to enter. In essence, it is an exclusive platform, a quasi-cartel.
“Global food prices have reached the highest level in the last year and a half. Virtually all BRICS countries are currently undergoing antitrust investigations into the egg and chicken meat markets. Competitive agencies must take a new approach to regulating the food industry, not just by jointly analysing global food chains, but by analysing them taking into account all the implications of digitalization. This is the only way we will be able to tackle food security, which is particularly acute for the BRICS and partner countries. For example, the Covantis platform can be used by traders to share confidential information and vertical pressure on farmers. And of course the exclusionary behaviour of Covantis towards local players is of utmost importance. This should be the focus of attention of our countries' competition authorities” – Ivanov explained.
Based on the developed fair organized (exchange) trade in commodities and commodity derivatives within the BRICS framework, it is proposed to solve the problems related to market concentration and, as a consequence, insufficient consideration of the interests of small, medium and large enterprises, which will help to resolve issues related to the violation of the balance of interests of financial market players and producers and consumers of the real sector.
It is proposed to create within the BRICS framework representative indicators of exchange quotations and price indices for OTC transactions based on representative samples of actual transactions, reflecting the competitive composition of sellers and buyers and ensuring the use of universal means of delivery of traded goods. New approaches will contribute to the elimination of unproductive intermediation and increase stability in global commodity markets.
The development of a derivatives market based on reliable exchange and OTC cash commodity prices will create opportunities for BRICS economies to manage risks and pool resources, lead to positive consequences for business and society, strengthen cooperation and stimulate economic growth. Targeted subsidies and exchange mechanism will improve fiscal policy and infrastructure development.
Earlier this year, BRICS Competition Law and Policy Centre (BRICS Center) with the leadership of the Competition Policy and Assessment Center of the State Administration of Market signed a memorandum on long-term cooperation announced the launch and development of the Russian-Chinese exchange and trade platform in consumer goods and commodities which will become a basis for the further development of the universal exchange platform for all BRICS member-countries.
“If entrepreneurs of Russia and China work directly, through modern exchange mechanisms, which will not only allow to establish direct long-term ties, but also reduce prices for goods for end consumers, as it will eliminate the use of intermediary schemes. The task of experts and researchers in this regard is to develop a system of organizational, legal and economic measures and analyze the necessary conditions for the creation of exchange platforms and the development of exchange trade, including in the BRICS format” – Fu Hongwei, Director, Competition Policy and Assessment Center, SAMR; explained.
Distributed by APO Group on behalf of BRICS Competition Law and Policy Centre.
About the 3rd BRICS + Digital Competition Forum:
The BRICS + (Brazil, Russia, India, China, South Africa, Egypt, Iran, Arab Emirates, Ethiopia + partners) Digital Competition Forum, which is being held this year on the margins of the G20 Summit, brings together heads and representatives of competition authorities from all BRICS countries and partners, as well as researchers and visionaries in the field of digital regulation from around the world. The Forum includes the BRICS Working Group on the Study of Competition Issues in Digital Markets. This year's main topics include regulation of digital ecosystems, the challenges and opportunities that artificial intelligence brings to antitrust law, and the digitalization of global food chains.
The Forum is organized by the HSE University BRICS Competition Law and Policy Centre together with the FGV University School of Law (Getulio Vargas Foundation) with the support of the Brazilian Competition Authority (CADE).
Financial injustice a hindrance to Africa’s development
The transformation of global financial institutions remains critical in addressing Africa’s mounting debt challenges, as they perpetuate financial injustice, says United Nations (UN) Secretary-General António Guterres.
“The G20 must lead in delivering financial justice. Financing is fundamental -- from inclusive economic growth, to supporting industrialisation and food security or addressing inequalities,” Guterres said during the closing session for the Joint Sherpa-Finance and Central Banks Deputies' Meeting, held in Johannesburg, on Wednesday.
Guterres explained that global financial systems "load" countries with debt service costs, while denying them access to sufficient low-cost financing to fight poverty, inequality and hunger and advance the Sustainable Development Goals (SDGs).
According to the UN, in 2022, public debt in Africa reached USD 1.8 trillion.
“Developing countries must be represented fairly in their governance. These institutions must also protect economies, particularly from global shocks. It is time to mend the global safety nets that were discovered during the COVID-19 pandemic that they were no longer fit for purpose.
“This continent’s potential is without question. Africa is home to a young and growing population, rich cultural and natural diversity, and a tremendous entrepreneurial spirit. But this enormous potential continues to be held back by injustices that are deeply rooted in the history of colonialism.
“Injustice in worsening climate chaos - which Africans did virtually nothing to cause - that fuels floods, storms, hunger and deadly droughts. I stand side-by-side with President Ramaphosa and the people of Africa in this fight for justice on all fronts. Africa needs financial justice,” Guterres said.
In September, world leaders adopted the Pact for the Future, which includes commitments for ambitious reforms to make the international financial architecture representative of today’s global economy and put the needs of developing countries front and centre.
The pact covers a broad range of issues including peace and security, sustainable development, climate change, digital cooperation, human rights, gender, youth and future generations, and the transformation of global governance.
“It calls for action to move forward with an SDG Stimulus… to substantially increase the lending capacity of Multilateral Development Banks to make them bigger, bolder and better to support developing countries.
“... And to mobilise more international and domestic resources, public and private, for vital investments. Last week I appointed a group of leading experts to galvanize international support for action on debt, and I’m delighted that Trevor Manuel will be part of this important work,” he said.
As part of the work for South Africa’s G20 Presidency, Guterres participated in the first series of the more than 130 meetings that will precede the G20 Summit in 2025.
On 1 December 2024, South Africa assumed the Presidency of the G20, which comprises many of the world's largest developing and developed economies.
The G20 was established to tackle pressing global economic and financial issues. Together, G20 members account for around 85% of global gross domestic product (GDP) and 75% of international trade.
The G20 comprises 19 countries including Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, United Kingdom, and United States and two regional bodies, namely the European Union and the African Union.
The grouping therefore plays a critical role in influencing global policy making and fostering global economic stability.
South Africa's G20 Presidency is the fourth consecutive emerging market Presidency, and it is also the first African Presidency, followed by the admission of the African Union (AU) as the second permanent African member. - SAnews.gov.za
nosihle
Thu, 12/12/2024 - 08:51
G20 urged to deliver on climate justice
With developing nations being considered the most vulnerable to climate change, United Nations Secretary-General António Guterres says the Group of Twenty (G20) countries must lead in delivering climate justice.
Addressing the closing session for the Joint Sherpa-Finance and Central Banks Deputies' Meeting, Guterres stressed that many vulnerable countries are being forced to respond to a crisis they did not create.
“Meanwhile, they lack the necessary support to seize the benefits of clean energy to spur prosperity and eliminate poverty. We need developed countries supporting developing countries with adequate, affordable and accessible finance and technology, and through meaningful contribution to the loss and damage fund by doubling adaptation finance next year as promised.
“[Climate justice can be delivered] by forging new partnerships like the Just Energy Transition Partnership that South Africa has pioneered to pave the way to a renewable future,” the Secretary-General said on Wednesday in Johannesburg.
On 1 December 2024, South Africa assumed the Presidency of the G20, which comprises many of the world's largest developing and developed economies.
As part of the work for the G20 Presidency, South Africa has commenced with the first series of the more than 130 meetings that will precede the G20 Summit in 2025.
“G20 countries must lead the way in line with the principles of common but differentiated responsibilities but recognise that every G20 country has to do more in the reduction of emissions. Next year, every government must deliver new economic plans in line with limiting the global temperature rise to 1.5 degrees.
“These new plans must cover all emissions in the whole economy, accelerate a just fossil fuel phase out and contribute to the energy transition goals agreed to at COP28. We must also ensure that Africa’s critical minerals that can power the renewable future worldwide benefit Africans first and most. We cannot repeat the mistakes of the past,” he said.
Guterres further called on the G20 to lead on technological justice.
“From digital technology to artificial intelligence, the developing world must access and benefit from the technological revolution.
“We need the G20 to support developing countries as they invest in the digital driven systems and solutions that their people need to boost prosperity to create jobs and drive sustainable development,” he said.
South Africa's G20 Presidency is the fourth consecutive emerging market Presidency, and it is also the first African Presidency, followed by the admission of the African Union (AU) as the second permanent African member.
The G20 was established to tackle pressing global economic and financial issues. Together, G20 members account for around 85% of global GDP and 75% of international trade.
The G20 comprises 19 countries including Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, United Kingdom, and United States and two regional bodies, namely the European Union and the African Union.
The grouping therefore plays a critical role in influencing global policy making and fostering global economic stability. - SAnews.gov.za
nosihle
Wed, 12/11/2024 - 15:14
Big investment needed to drive sustainable development
National Treasury Director-General (DG), Dr Duncan Pieterse, has called for large scale and sustainable investments to ensure the global community meets its commitments to end poverty, protect the planet and build prosperous societies.
“Financing gaps for sustainable development are large and growing. The estimates by our international organisations indicate that around $4 trillion in additional investments is needed annually for developing countries,” Pieterse said on Wednesday in Johannesburg.
He was speaking during the two-day Group of Twenty (G20) Joint Sherpa and Finance Track meeting.
According to the United Nations (UN), the world may miss many of the Sustainable Development Goals (SDGs) targets by 2030 due to the delay in development progress, which may even be reversed under the combined weight of climate disasters, conflict, economic downturn and the lingering aftermath of the COVID-19 pandemic.
The Sustainable Development Goals are a universal call to action to end poverty, protect the planet and improve the lives and prospects of everyone, everywhere.
“To achieve the SDGs by the 2030 deadline, an urgent large scale and sustainable investments push is needed,” Pieterse said.
The DG said South Africa’s G20 Presidency will strongly focus on the challenges facing emerging markets and developing countries, especially those on the African continent.
“We will also focus our attention on policies and mechanisms that support sustainable development. Many developing countries, including those in Africa experience growth that is insufficient to reduce poverty, as well as tough financing conditions and high levels of public debt that crowd out resources or development spending
“During our Presidency, there will be a very strong focus on enhancing debt sustainability through a comprehensive approach, which will include... finding ways to improve debt structuring, supporting countries with liquidity challenges and encouraging the development of local currency markets to attract domestic savings and improve debt transparency,” Pieterse said.
South Africa will also continue to obtain borrower country perspectives on debt, including through an African outreach event, with broad participation of the borrower countries.
On 1 December 2024, South Africa assumed the Presidency of the G20 group of countries, which comprises many of the world's largest developing and developed economies.
“The global economy has been put to the test over the last four years, marked by an unprecedented pandemic, escalation in geopolitical conflict and extreme weather events that have disrupted supply chains.
“The latest assessment by the International Monetary Fund that global growth is expected to remain stable, yet underwhelming, remains a concern. Higher growth is essential to improve prosperity and living standards to reduce debt, and create policy space to tackle our spending pressures,” Pieterse said.
In 2025, South Africa’s G20 Presidency will focus on strengthening macroeconomic fundamentals, accelerating climate transition and boosting productivity growth.
This week's discussion under the South Africa G20 Presidency takes place ahead of two very important events -- the 5th Finance in Common Summit (FiCS), taking place in Cape Town in February 2025, and the Fourth International Conference on Financing for Development (FfD), which will take place in Spain in June 2025.
“We see these events as very important opportunities to strengthen the development finance ecosystem, scale up and redirect financing to meet our global sustainable challenges, and bring impactful changes in relation to climate and biodiversity needs.
“As we prepare to submit our Nationally Determined Contribution (NDC) in 2025, it is clear that our very ambitious climate action goals cannot be achieved without unlocking a similarly ambitious set of climate instruments.
“The G20 must continue to play a leading role to address the critical issues of our age, so that we can achieve both global sustainable development and development that is inclusive, equitable and leaves no one behind,” Pieterse said.
South Africa's G20 Presidency is the fourth consecutive emerging market Presidency, and it is also the first African Presidency, followed by the admission of the African Union (AU) as the second permanent African member.
The G20 was established to tackle pressing global economic and financial issues. Together, G20 members account for around 85% of global GDP and 75% of international trade.
The G20 comprises 19 countries including Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, United Kingdom, and United States and two regional bodies, namely the European Union and the African Union.
The grouping therefore plays a critical role in influencing global policy making and fostering global economic stability. - SAnews.gov.za
nosihle
Wed, 12/11/2024 - 11:19
Lamola advocates for the evolution of multilateral institutions
With the world facing complex issues such as climate change, economic inequality, global health crises, and geopolitical tensions, International Relations and Cooperation Minister Ronald Lamola says multilateral institutions must evolve to meet the global challenges of today.
“While international cooperation and multilateralism are currently confronted with divisive geopolitics and unprecedented challenges such as climate change, slow economic growth and deepening poverty, the G20 must make strides in forging practical, mutually beneficial cooperation that champions an international order that is fairer, just, inclusive and representative,” the Minister said on Monday in Johannesburg.
He was addressing the first G20 Sherpas Meeting, as South Africa commenced with the first engagement of the more than 130 meetings that will precede the G20 Summit in 2025.
WATCH |
The Sherpa Track is led by the personal representatives of G20 leaders, and oversees negotiations and discusses the points that form the summit’s agenda, and coordinates most of the work.
On 1 December 2024, South Africa assumed the Presidency of the G20 group of countries, which comprises many of the world's largest developing and developed economies.
READ | G20 South Africa news articles
It was established to tackle pressing global economic and financial issues. Together, G20 members account for around 85% of global GDP and 75% of international trade.
The G20 comprises 19 countries including: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, United Kingdom, and United States and two regional bodies, namely the European Union and the African Union.
The grouping therefore plays a critical role in influencing global policy making and fostering global economic stability.
“The multilateral institutions with economic and developmental mandates must be strengthened, as the need for their intervention is even much bigger now. We all know that many countries, especially the developing world, are still recovering from the economic shock of COVID-19.
“Poverty and weak economic growth remain a challenge for many countries, especially in Africa and the developing world; thus, the themes of our temporary Task Forces focus on these matters,” Lamola said.
According to studies from the International Monetary Fund, trade has been a major contributor to global growth over the past decades, helping to promote economic development, increase economic opportunity and lift millions out of poverty.
“It is for this reason that South Africa supports international cooperation and multilateralism. We also know of the benefit this would bring us, as we seek to grow our economy and support the development of the African continent.
“As the premier forum for international economic cooperation, South Africa seeks to amplify the continued value of the G20 as a forum of the world’s largest developing and developed economies; a forum that provides leadership and momentum towards greater global economic growth and sustainable development; a forum whose work serves to complement and foster the broader processes of the various multilateral spheres,” Lamola said.
He said the global community must remain committed to multilateralism and upholding international law and ensure that the United Nations (UN) remains the centrepiece of this multilateralism.
“Its central role in the international system ensures that sovereign States cooperate to maintain international peace and security, advance sustainable development, and ensure the promotion and protection of democracy, human rights, and fundamental freedoms for all.
“Whereas G20 leaders set the agenda for our partnership, we rely on the immense efforts of our Sherpas to translate these commitments into practical cooperation,” the Minister said.
South Africa’s G20 Presidency is being held under the theme: "Solidarity, Equality, Sustainability" - a theme that seeks to harness global will and capabilities to confront the enormous challenges the world is facing.
“In the spirit of Ubuntu, our shared humanity, we will address these challenges through our high-level deliverables and priorities, which lie at the core of the original G20 mandate of promoting strong, sustainable, balanced and inclusive growth, and by building partnerships across all sectors of society to find collective solutions.
“As we build on the past and set the tone for the future, we must accentuate the need to adhere to universal values, shared norms, and strong multilateral institutions. Now more than ever, multilateral institutions must be strengthened and reformed to deliver broad global consensus and serve as platforms to resolve disputes,” the Minister said. - SAnews.gov.za
nosihle
Mon, 12/09/2024 - 11:37
