Issues on the agenda at the G20 finance meeting in South Africa
President Cyril Ramaphosa has sought to leverage Africa's first G20 presidency to promote an African agenda, with topics including the high cost of capital and climate change.
Here are the key issues to be discussed:
DEBT STRESS
Nearly two dozen countries in Africa are in or at high risk of debt distress, the International Monetary Fund said. Debt-servicing costs crowd out spending on services such as infrastructure development, health and education.
Launched in late 2020, the G20 Common Framework is a platform aimed at speeding up and simplifying the process of getting overstretched countries back on their feet, but progress has been slow.
Making the platform more efficient is one target for South Africa. Ramaphosa launched an Africa expert panel in March whose role is to galvanise efforts, chief among them debt relief.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

IOL News
3 hours ago
- IOL News
Jacob Zuma Morocco visit
Algerian Minister of Foreign Affairs meeting the ANC SG Fikile Mbalula, while the flag is displayed Image: Supplied In a press statement published on the 6th of August 2025, DIRCO has registered 'its strong objection and concern regarding circumstances around the recent visit of an eminent South African leader, former South African President Mr Jacob Zuma, who is the Leader of the Umkhonto We Sizwe Party, to Morocco on the 15th of July 2025'. Whilst recognising and respecting the sovereign right of Morocco to invite individuals and groups, DIRCO stated that 'it strongly protests the use of South African national symbols, in this instance the use of the South African National Flag, in the meeting between Mr Jacob Zuma and the Foreign Minister of the Kingdom of Morocco'. This statement, which has been published three weeks after the visit, uses the excuse of the flag previously mentioned in the ANC press release concerning the visit of the previous Head of State to criticise the presence of the latter in Morocco. Indeed, the hypersensitivity of DIRCO and its unusual and exaggerated reaction raise several questions about the priorities of Foreign Policy in our country, especially during these tough times. Amidst the recent punitive Trump Tariffs, the focus should be to mend the trade relationship to assert the economic diplomacy plan that was adopted by DIRCO, DTIC and the Ministry of Finance. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ Ad Loading Nonetheless, DIRCO took time among these huge trade problems with the USA that threaten our national interest to publish a press release concerning the visit of the former Head of State. This is not the first trip undertaken by Jacob Zuma as the former head of state outside of South Africa. It is indeed worth mentioning that M. Zuma has been invited this year to the inauguration ceremonies of both newly elected Ghana and Gabon presidents in his capacity as an ex-President of South Africa. During those two trips, M. Zuma received a warm welcome from the authorities of those two African countries without sparking any reaction from DIRCO. During his trip to Morocco, M. Jacob Zuma, who voiced his party's support for the autonomy proposal over the Sahara, has been very clear in his address, stating that it was his party's view and not of the State, thus closing the debate about any confusion regarding the South African Government's position concerning the conflict. This position expressed by MK was not a surprise at all. The South African Party published, nearly two months ago, a detailed document named 'A strategic Partnership for African Unity, Economic Emancipation and Territorial Integrity: Morocco', in which it detailed its stance concerning Morocco and the Western Sahara conflict In this document, Umkhonto WeSizwe stated that: 'Commitment to sovereignty: Morocco's efforts to reclaim its full territorial integrity align with the MK Party's commitment to preserving the sovereignty and unity of African states. This resonates more than ever with South Africa as our country battles against internal forces aiming at breaking our country's territorial integrity. Thus, MK party remains steadfast in defending the territorial integrity of South Africa as a sacrosanct principle of its foreign policy'. This statement of MK brought to light the inexistence of a consensus concerning the issue of Western Sahara among the political sphere in South Africa. It is also worth recalling that when the ANC reacted to the position expressed by MK concerning Western Sahara citing 'the right of Self-determination of Western Sahara', the separatist movement 'cape independence' published, on the 20th July 2025, a tweet saying:' Hypocrisy Alert! ANC pushes for Western Sahara independence while denying Western Cape & other SA groups the same right to self-determination. What's good for one isn't good for all?'. Coming back to the issue of the flag, well-informed cadres among the MK party said that 'The South African flag displayed during Mr. Zuma's visit was done at his express request, as a gesture of honour and respect for his position as a previous Head of State'. Moreover, it is universal practice for national flags to be present in nongovernmental contexts and engagements: sporting competitions, cultural events, civil forums, etc, added the cadres of MK. Thus, the DIRCO statement raises the issue of the use of the national flag by South African citizens, organisations and political parties in General. Expressing concerns over this issue, the spokesperson of MK, M. Nhlamulo Ndhlela, said that 'Mbalula, on his visit in 2023 in Algeria, had a national flag of South Africa in a picture taken with him and the foreign minister of Algeria and DIRCO said nothing. Why now? The ANC and its GNU do not own the South African flag; it belongs to South Africans, and President Zuma is a South African, and a former head of state'. On the details of Zuma's trip to Morocco, IOL was able to confirm that the visit was prepared with the involvement of the South African Embassy in Rabat, which officially asked the Moroccan authorities to grant Mr. Zuma protocol treatment. Under these conditions, some experts contacted by IOL declared that it is 'totally contradictory for the South African authorities to request that Mr. Zuma be treated as a high dignitary, only to criticise the use of the South African flag during his visit'. It is worth noting that all the previous Heads of state in South Africa, when they undertake a trip abroad, are asked to communicate all the details of their trip to the State protocol, who then inform DIRCO to take all the measures to coordinate with the relevant authorities of the country all the aspects of the visit including the protocol. The aspects raised above are just a reflection of the existing deep disagreement of different South African political parties with the ANC's foreign policy, which has sparked a big debate about the national foreign policy of South Africa and the actual existence of a consensus around its priorities. Indeed, the DA, which is a partner of the ANC in the GNU, has undertaken, in March 2025, a trip to the USA, which was officially communicated by the previous DA Spokesperson on International Relations & Cooperation, Mrs Emma Powell, in total contradiction with the official position expressed by the South African Government and DIRCO.


eNCA
3 hours ago
- eNCA
Gauteng ramps up security and fixes infrastructure for G20 summit
JOHANNESBURG - Gauteng tourism is soaring, with domestic and international visitors bringing in more than R60-billion in the past year. But geopolitical tensions and rising crime threaten to derail the boom. As the G20 summit nears, the province is ramping up security and improving infrastructure to keep the visitors coming.

IOL News
3 hours ago
- IOL News
National Dialogue may not be a success
President Cyril Ramaphosa announced the National Dialogue, which aims to facilitate conversations among diverse South African stakeholders, including government, civil society, and political organisations. However, it has already drawn criticism regarding its high costs. Image: ANC/X The much-anticipated National Dialogue, set to kick off with a National Convention at the University of South Africa (Unisa) in Pretoria on 15 and 16 August 2025, is facing mounting challenges, with the withdrawal of several high-profile foundations raising questions about its future success. The dialogue, which aims to facilitate conversations among diverse South African stakeholders, including government, civil society, and political organisations, has already drawn criticism regarding its high costs. The reported R700 million price tag for the event has caused concern, despite the Presidency's efforts to manage expenses and reduce the financial burden on taxpayers. In response to the growing criticism, the Presidency assured the public that the budgetary process for the National Dialogue adhered to the Public Finance Management Act (PFMA), and that efforts had been made to secure services and facilities at no cost. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ Unisa, for instance, has offered to host the event for free, providing a range of services such as venues, catering, Wi-Fi, and printing of discussion materials. Additionally, the government has secured further in-kind donations, including transportation, public viewing screens, and other logistical support, which the Presidency claims will significantly reduce the overall cost of the dialogue. The National Economic Development and Labour Council (Nedlac) and the Presidency will also contribute from their existing budgets to cover communication and logistical expenses. However, despite these efforts, the National Dialogue faces a crisis of participation. Key players in South Africa's civil society and political landscape have pulled out of the event. Prominent foundations, including the Steve Biko Foundation, the Thabo Mbeki Foundation, and the Desmond and Leah Tutu Legacy Foundation, have all announced their decision to withdraw. These organisations have expressed concerns about the lack of adequate financing, the erosion of citizen leadership in the dialogue process, and the shift of control towards the government. According to the foundations, what began as a citizen-led initiative has gradually become dominated by government interests. They argue that the event, which was originally intended to empower citizens, has lost its focus due to the government's insistence on pushing forward with the convention, despite advice from the organising subcommittee chairs. The foundations further criticised the lack of a proper platform for meaningful dialogue, as well as the misalignment within the organising committee and the short timelines involved in organising the event. 'In pushing forward for a convention on 15 August at the will of government officials and against the advice of the subcommittee chairs, we believe that a critical moment in which citizens should be leading will be undermined,' the statement from the foundations read. While the dialogue is expected to draw leaders from various political parties and civil society organisations, the absence of these key foundations casts doubt on the true inclusiveness and effectiveness of the event.