Latest news with #B20SouthAfrica
The South African
3 days ago
- Business
- The South African
B20 South Africa Sherpa update: Progress, dates and new partnerships
As the B20 South Africa journey progresses, B20 South Africa Sherpa Cas Coovadia has shared key updates on the efforts to shape actionable, inclusive and sustainable policy recommendations for the G20. QUIZ | Test your B20 knowledge with this 2-minute survey – AND WIN R2 000! Dear B20 South Africa friends and stakeholders, As we move forward in our B20 South Africa journey, I am pleased to share key updates on our collective efforts to shape actionable, inclusive and sustainable policy recommendations for the G20. All eight B20 Task Forces have now commenced their intensive collaboration, bringing together global expertise to develop concrete policy proposals ahead of our November summit. Their work is critical to ensuring that business voices translate into meaningful, measurable outcomes, ones that balance economic growth with societal development and environmental resilience. We are delighted to confirm that the B20 South Africa Summit will take place from 18-20 November 2025 in Johannesburg. This will be a pivotal moment to convene our global community, share insights, and drive forward recommendations that reflect both African priorities and global imperatives. I am pleased to welcome the Johannesburg Stock Exchange (JSE), MTN and Kwikot as new partners in our work to host Africa's first B20. Their commitment reinforces the collaborative spirit of all our sponsors needed to address the complex challenges ahead. As I have emphasised before, sustainable business is not just what we do, it is how we do it. Our values matter. The policy recommendations must be rooted in inclusion, resilience and long-term thinking. This means creating pathways for all regions, particularly those facing structural constraints, to fully participate in and benefit from global growth. Africa's role in this future is vital. A truly sustainable future must be shaped by the collective and grounded in shared prosperity. • G20 Sherpa Meeting – June 2025 • Virtual Press Roundtables with Task Forces – June 2025 • Fourth Financing for Development Conference (FfD4) – June 2025 Africa's potential is undeniable, but potential alone is not enough. Our goal is to shift the narrative from aspiration to measurable progress, progress that benefits people, economies and the planet. The world does not just need Africa's potential, it needs Africa's leadership. All of us in the B20 South African community look forward to your continued partnership as we build toward November. Together, we can forge policies and ways of doing business that drive inclusive growth and prove that sustainability and shared prosperity go hand in hand, in a cooperating world. Kind regards, Cas B20 South Africa Sherpa Let us know by leaving a comment below, or send a WhatsApp to 060 011 021 1 Subscribe to The South African website's newsletters and follow us on WhatsApp, Facebook, X and Bluesky for the latest news.
The South African
5 days ago
- Business
- The South African
B20 South Africa champions growth at Africa CEO Forum
The Africa CEO Forum this week became a powerhouse of bold ideas as Business 20 South Africa (B20 SA), the official G20 business engagement group, explored how the African Continental Free Trade Area (AfCFTA) can serve as a catalyst for industrialisation, investment and economic integration across the continent. QUIZ | Test your B20 knowledge with this 2-minute survey – AND WIN R2 000! Dr Anthony Costa, Head of the B20 South Africa Secretariat, together with fellow experts, delivered a powerful call to action during the 'Invest in South Africa' panel, urging a paradigm shift in how the world engages with Africa's development. In his remarks, Costa emphasised the importance of clear, actionable policy frameworks that enable sustained collaboration between governments and the private sector. He noted that B20 South Africa is currently driving a year-long process that convenes more than 1 500 global private sector leaders across eight Task Forces. The aim is to develop practical recommendations that align business efforts with government priorities to unlock inclusive growth, in a cooperating world. The panel also explored mechanisms to improve investor confidence in Africa's industrialisation agenda. Three core areas for action were outlined: establishing clear and trackable public-private partnership models, enhancing governance and transparency systems and addressing critical skills shortages through targeted development programmes. Deputy Minister of Trade, Industry and Competition Zuko Godlimpi added: 'President Cyril Ramaphosa has been adamant about cutting red tape to streamline company registrations and merger approvals in South Africa. 'We have strongly advocated to the Competition Commission for faster review and approval timelines. 'This is critical to facilitating smoother partnerships between South African and foreign businesses and ensuring investments in the country can flourish.' Costa stressed that improving policy certainty and governance standards is essential to creating an enabling environment for investment. On the question of Africa's role in mobilising global capital, Costa urged stakeholders to reframe the continent's investment narrative. 'Africa must move from being viewed through a risk lens to being recognised for its strategic opportunities,' he said. He also pointed to South Africa's G20 Presidency in 2025 as a strategic moment for the continent. Through B20 South Africa, the private sector has a direct channel to shape global economic priorities while ensuring African perspectives are embedded in that process. 'B20 South Africa is building a strong, credible platform to advance the continent's growth agenda,' he concluded. 'We are focused on delivering outcomes that are not only ambitious but practical and implementable by both business and government.' Let us know by leaving a comment below, or send a WhatsApp to 060 011 021 1 Subscribe to The South African website's newsletters and follow us on WhatsApp, Facebook, X and Bluesky for the latest news.
