Government engages public on fiscal framework

Source: Government of South Africa

Monday, September 15, 2025

The National Treasury has encouraged the public to submit written comments on the Fiscal Anchors Discussion Document, which proposes reforms to stabilise South Africa’s debt and aims to improve public sector efficiency.

The discussion document outlines how slow economic growth and persistent budget deficits have led to a tripling of public debt over the last 15 years. This has forced the government to spend more on interest payments, crowding out services and investment. 

In response to this challenge, the document proposes two broad reform options namely a Numerical Fiscal Rule, and an enhanced Parliamentary Procedures Mode.

The National Treasury recently held a first round of consultative stakeholder workshops on the document, marking the opening stage of a broader consultation process aimed at strengthening the sustainability, credibility, and transparency of South Africa’s fiscal framework.

“We are encouraged by the thoughtful contributions made during these initial workshops. This was the beginning of a much wider conversation. We look forward to hearing from many more voices in the months ahead,“ Minister of Finance Enoch Godongwana said.

Three workshops were convened with a broad group of experts with a direct interest in macro-fiscal issues: 
•    Civil society organisations (workshop held in Pretoria on 28 July 2025),
•    Participants in the debt-capital markets (workshop held in Sandton on 30 July 2025), and
•    Academics (workshop held in Cape Town on 7 August 2025)

Building on the success of these first workshops, government will host public webinars, followed by a conference alongside the consideration of the 2026 Budget. 

“In the months ahead, government will have further public engagements, including a larger conference. The conference will provide a formal platform for broad public participation and expert contribution, culminating in a published conference report. 

“This report will feed into the preparation of a refined Treasury proposal for consideration later in 2026. Written submissions are invited ahead of the conference, with selected contributions to be presented during the event,” National Treasury said.

Interested parties are encouraged to read the discussion document and submit their written feedback to: fiscal.policy@treasury.gov.za by 15 December 2025. 

The Discussion Document and presentations shared at the workshops are available on the National Treasury website (https://www.treasury.gov.za/) . –SAnews.gov.za

Promising trade leads for local companies at Intra-Africa Trade Fair 

Source: Government of South Africa

South African companies that were part of the 30-member business delegation at the recently concluded Intra-Africa Trade Fair (IATF) in Algeria say they are eager to do business in Algeria and across the continent. 

This as the local companies generated several promising trade leads over the course of the trade fair.
The IATF 2025 was held in Algiers, Algeria, 4 – 10 September 2025, serving as a major platform for showcasing African products and fostering continental trade, investment, and partnerships within the framework of the African Continental Free Trade Area (AfCFTA).

Dr Khulile Mtsetfwa, Chief Executive Officer of Swatek Defence and Aerospace, announced that the company has signed three memoranda of understanding aimed at establishing distribution lines in Algeria.

“The plan is to make sure that we build relations and maintain the line of communication with country agents and distributors to penetrate the Algerian market and the rest of the continent. Our mission throughout the week was to make sure that we expose our products to the countries which were represented at the fair,” said Mtsetfwa.

The company signed a contract worth R20 million that will see them supplying protective gear to a local company. 
Rashmee Ramdeen, Director of Zilon Bulk Bags, said the company’s polypropylene bulk bags were well received by visitors and distributors, generating numerous new business leads.

“There is a potential order that is worth R6 million that is being negotiated with a local company. There was a huge demand for our products because there are few manufacturers who are producing them in Algeria.

“The country is currently importing from Europe, and the price is not competitive. So, this is our opportunity to make inroads in the North African market,” added Ramdeen.

Zanele Sanni, Chief Director of Export and Marketing at the Department of Trade, Industry and Competition, reaffirmed that the IATF is a powerful tool for trade and investment promotion, helping to drive the implementation of the AfCFTA.

“Participating in this landmark event, assisted in strengthening intra-African trade under the AfCFTA, and accelerating collaboration in critical sectors such as energy, automotives, mining and technology,” said Sanni.

READ | dtic to lead SA business delegation to Intra-African Trade Fair

The South African Pavilion attracted more than 3 000 visitors and 267 buyers, generated approximately 300 leads with an estimated post–six-month sales value of R483 million, and hosted over 120 business-to-business meetings. – SAnews.gov.za

Department gazettes Transport Amendment Act, recognising e-hailing

Source: Government of South Africa

The Department of Transport has officially gazetted the long-awaited National Land Transport Amendment Act, along with its amended regulations. 

The Act introduces a new transport category, e-hailing services, as a recognised mode of public transport. This move affirms and formalises a sector that was previously treated as operating outside the law by some existing operators. 

It also requires all public transport operators, including e-hailing providers, to hold valid operating licences to ensure services remain authorised and safe. 
In addition, the Act sets out standards for quality and security that e-hailing platforms must meet to protect passengers and drivers alike.

“Each vehicle should be branded or carry a sign indicating that it is an e-hailing vehicle. 
“Commuters must verify that vehicle and driver details appear in the app, and if not, should exercise precaution,” the statement read. 

According to the department, under the new rules, app developers who permit users to use their apps without an Operating License risk a fine of up to R100 000 or up to two years in jail. 
“All apps must also be registered with the regulators.”

In addition, the Act also requires panic buttons to be installed in e-hailing vehicles to help keep commuters safe and provide quick emergency response and that vehicle owners are responsible for making sure these are installed. 

“The panic button for commuters will assist with crime detection and enable a rapid response by law enforcement or tracking companies. 

“Commuters are also required to ensure that the vehicle and driver are compliant. Drivers are required to have the requisite documents to be eligible for compliance.”

Meanwhile, the Provincial Regulatory Entity (PRE) offices will ensure compliance upon processing all applications before drivers can be issued an operating license.

In addition, e-hailing operators, when applying for an operating license, are subjected to a standard operating license application fee.

“Other operational costs are outside of the Department of Transport’s purview.”
 
This move will also see the companies being required to register and comply with company laws in South Africa under the Department of Trade, Industry and Competition (DTIC) and South African Revenue Services (SARS), and there may be other requirements with costs. 

“The department will hold workshops to share this information with all operators and officials across the country starting from this week.” – SAnews.gov.za
 

Minister to host reunion for former political prisoners 

Source: Government of South Africa

With the country continuing to mark Heritage Month, the Minister of Sport, Arts and Culture, Gayton McKenzie will lead a reunion of former political prisoners from South Africa and Namibia.

“Held under the theme ‘Reuniting with Robben Island as the Stronghold that Fortified Our Resistance to Achieve Our Freedom,’ this symbolic gathering represents a profound moment of remembrance, healing, and national reflection. 

“It brings together former political prisoners from South Africa and Namibia and will pay tribute to the extraordinary bravery, unyielding resilience, and unwavering commitment of those who were imprisoned for their role in the fight against apartheid,” the Ministry of Sport, Arts and Culture said on Friday.

The reunion is set to be held at the Robben Island Museum in the Western Cape on Saturday, 27 September 2025.

The ceremony which will be held in partnership with the Association for Ex-Political Prisoners (AEPP) and the Robben Island Museum (RIM), will serve as a symbolic homecoming for many who endured incarceration on the island.

As part of the day’s programme:
•    All ex-political prisoners who were incarcerated at Robben Island, including those from Namibia, will be awarded commemorative medals in recognition of their sacrifice.
•    A Wall of Names honouring all former prisoners will be officially unveiled.
•    Statues of some iconic figures will be inaugurated, serving as enduring symbols of their bravery and ensuring their legacy is permanently etched into the nation’s collective memory.

“Taking place during Heritage Month, the reunion underscores Robben Island’s continued importance as a UNESCO [United Nations Educational, Scientific and Cultural Organisation] World Heritage Site and a living monument of resilience, unity, and hope for present and future generations,” said the ministry.

The Department of Sport, Arts and Culture officially launched Heritage Month 2025 under the theme: ‘Reimagine our Heritage Institutions for a New Era’.

READ | SA steps into Heritage Month

The theme reflects a shift from heritage institutions being custodians of memory to serving as platforms for innovation, inclusion and community development. –SAnews.gov.za

Minister withdraws draft National Credit Act amendment regulations  

Source: Government of South Africa

Sunday, September 14, 2025

The Minister of Trade, Industry and Competition, Parks Tau, has withdrawn draft regulations published in the Government Gazette on 13 August 2025 – that would have designated educational institutions as originators of credit information under the National Credit Act amendment regulations.

If implemented, this would have resulted in student debt being reported to credit bureaus across the country.

According to the Department of Trade, Industry and Competition, Tau’s decision to withdraw the regulations was informed by the overwhelming response, comprising more than 20 000 submissions received even before the closing date for public comments on 12 September 2025. 

“The vast majority of the responses were opposed to the proposed regulations. This process has once more demonstrated the robust nature of South Africa’s democracy, where the public can engage with government openly and transparently.”

READ | DTIC responds to Draft National Credit Regulations concerns

The Minister has committed to a process that will review and implement necessary changes to protect students. 

At the same time, efforts to improve access to finance for micro, small, and medium enterprises (MSMEs) will continue, aiming to address the current credit funding gap.

“Minister Tau has also committed to engaging relevant stakeholders to further clarify this process and allay any fears with respect to the outcomes of this process,” the statement read. – SAnews.gov.za
 

Western Cape police probe deaths of three men

Source: Government of South Africa

Western Cape police are investigating the circumstances surrounding a deadly shooting incident that occurred in Ekopoleni, Cape Town, on Saturday night.

According to the South African Police Service (SAPS), three men aged between 24 and 27 were fatally wounded.

A fourth victim, aged 18, was injured and taken to the hospital for treatment.
“At approximately 22:41, a lone gunman opened fire on the victims before being picked up by the driver of an Isuzu bakkie. They are yet to be arrested.” 

While detectives are pursuing all leads, the police said operational members have been deployed in the area to maintain stability. 

“At this stage, the motive for the shooting is believed to be gang related.”
The public is encouraged to share any information that may assist the investigation by contacting Crime Stop at 08600 10111, or through the My SAPS mobile app.

Police have assured that all information provided will be treated confidentially and anonymously.

Meanwhile, as part of ongoing efforts to combat gang violence, serious and violent crime, and organised crime in the Western Cape, police apprehended several suspects for illegal possession of firearms, ammunition, and drugs on Friday, 12 September 2025.

A joint operation by the Maitland Flying Squad and the Cape Town K9 Unit led to the arrest of a 31-year-old man in Brown’s Farm for illegal possession of firearms and ammunition.
The statement said members followed up on information about a wanted suspect and firearms and searched the premises. 

The members found two AK-47 assault rifles with ammunition, a signal jammer and a .38 Special revolver in the house. 

The matter will be investigated by the Directorate for Priority Crime Investigation, also known as Hawks.
In an unrelated intervention, members of Maitland Flying Squad responded to a complaint about drugs at a premises in Summer Greens on Saturday, 13 September 2025. 

“Upon searching the premises, the members found a consignment of mandrax tablets, crystal meth, cocaine and an undisclosed amount of cash hidden in different compartments in the house.”
A 49-year-old female was arrested for dealing in drugs.

The suspects will make their respective court appearances in the Athlone and Cape Town Magistrate’s Courts on Monday, 15 September 2025. – SAnews.gov.za
 

Eskom maintains reliable power supply

Source: Government of South Africa

Eskom reports that it continues to reliably supply electricity to South Africa, with unplanned losses from breakdowns remaining well below the 10 000 megawatt (MW) threshold, currently recorded at 7 394MW.

“This reflects sustained structural improvements in plant performance driven by the ongoing implementation of the Generation Recovery Plan,” the statement read. 

In addition, the state-owned power utility said the open-cycle gas turbines (OCGTs), or diesel generators, maintained a load factor of just 0.001% for the second consecutive week.

“The sustained technical improvements have ensured a reliable power system, meeting more than 97% of electricity demand since the beginning of the financial year.” 

South Africa has experienced no load shedding since 15 May 2025, with only 26 hours recorded between 1 April and 11 September 2025.

Between 5 and 11 September 2025, planned maintenance increased as Eskom entered the summer period, averaging 4 624MW. 

During this period, the Energy Availability Factor (EAF) fluctuated consistently between 69% and 73%, with the month-to-date average further remaining above the 70% mark.

“This upward trend reflects growing stability and improved reliability across the generation fleet. These figures exclude Kusile Unit 6, which has been contributing 720MW to the national grid since 23 March 2025. 

“Although not yet in commercial operation, the unit is expected to reach that milestone by September 2025.”

To further strengthen grid stability, Eskom has planned to return a total of 2 835MW of generation capacity to service ahead of the evening peak on Monday, 15 September 2025, and throughout the coming week.

Between 1 April and 11 September 2025, the Unplanned Capability Loss Factor (UCLF), which reflects the percentage of generation capacity lost due to unplanned outages, further decreased to 26.53%. 
The utility said this represents a week-on-week improvement of approximately 0.4%, although it remains about 1.2% higher than the 25.38% recorded during the same period last year.

From 1 April to 11 September 2025, the diesel spend remains well under the allocated budget.
“As of today, 119 consecutive days without load shedding have been achieved,” said the utility on Friday.

Summer outlook

Meanwhile, Eskom recently published the summer outlook, covering the period 1 September 2025 to 31 March 2026, which forecasts no load shedding due to the structural progress in plant performance because of the ongoing implementation of the Generation Recovery Plan.

The available generation capacity stood at 28 776MW, with Eskom stating that the current capacity is sufficient to meet requirements over the weekend.

From 1 April to 11 September 2025, Eskom spent approximately R5.9283 billion on fuel for its OCGT plants, generating 1 000.91 gigawatt-hours (GWh) of electricity. 

“While there was no notable increase in expenditure over the past week, the electricity generated represents a significant rise compared to the 578.14GWh produced during the same period last year. 

“It is important to note that diesel expenditure is not consistent throughout the year but fluctuates seasonally in response to system demand and operational requirements.”

Load reduction 

During the previous winter peak periods in the mornings and evenings, load reduction eased slightly – from an average of 544MW in April 2025 to 529MW in June 2025 – with Limpopo, Mpumalanga, and Gauteng accounting for approximately 87% of the total.

“Eskom appreciates the progress achieved in reducing load nationally, with a 3% improvement recorded between April and June 2025.

“The largest gains were seen in Limpopo and Mpumalanga, with reductions of 13% and 5% respectively. Looking ahead, Eskom is committed to further reducing load reduction by 15–20% by March 2026 and eliminating it within two years.” 

Eskom said this will be achieved by addressing 640 000 illegal connections by March 2026, upgrading infrastructure, including the rollout of smart meters, reducing zero buyers and illegal vending, and expanding free basic electricity registrations in priority areas.

The primary causes of load reduction remain illegal connections and meter bypassing. 
These practices amount to electricity theft and place severe strain on the network, leading to transformer overloads, equipment damage, and, in extreme cases, explosions and extended outages.

“Electricity should only be purchased through Eskom-accredited vendors, and customers are encouraged to regularise their electricity usage. These actions are critical to securing safe, reliable, and fair access to electricity for all.”

Any illegal activity impacting Eskom’s infrastructure should be reported to the Eskom Crime Line at 0800 112 722 or via WhatsApp on 081 333 3323. – SAnews.gov.za
 

Food security to form part of G20 Agriculture Working Group deliberations

Source: Government of South Africa

Sunday, September 14, 2025

Agriculture Minister John Steenhuisen and Deputy Minister Nokuzola Capa will chair the upcoming Group of 20 (G20) Agriculture Working Group and Food Security Task Force Ministerial Meetings.

Taking place on 18 and 19 September 2025 at the Lord Charles Hotel in Somerset West, Cape Town, the Department of Agriculture is organising these meetings under the themes of data-driven approaches to addressing food security and promoting inclusive agricultural investment and market access.

“The meetings form part of a broader public participation programme implemented by government, aimed at profiling and promoting South Africa’s Presidency of the G20,” the department said.

Guided by the theme of Solidarity, Equality, and Sustainability, South Africa’s G20 Presidency is prioritising key issues, including food security, sustainable development, and enhancing resilience to disasters.

The Agriculture Working Group serves as a vital platform for G20 members to enhance cooperation on agricultural matters, with a key focus on setting targets to achieve the United Nations (UN) 2030 Agenda’s Sustainable Development Goals (SDGs). 

Established in 2011 to address food price volatility, the group has since evolved into an essential forum for supporting and advancing agricultural initiatives among G20 members. – SAnews.gov.za
 

Fitch affirms South Africa’s BB- rating, maintains stable outlook

Source: Government of South Africa

Government has welcomed Fitch’s decision to affirm South Africa’s long-term foreign and local currency debt ratings at “BB-” and maintain the stable outlook.

According to Fitch, South Africa’s credit rating is constrained by several factors, including low real gross domestic product (GDP) growth, high poverty and inequality levels, a high and rising government debt-to-GDP ratio, and a rigid fiscal structure that hampers budget deficit reduction. 

“However, the ratings are supported by a favourable government debt structure with long maturities and mostly local-currency-denominated, strong institutions and a credible monetary policy framework,” the National Treasury statement read. 

Fitch also noted that the Government of National Unity (GNU) continues, under Operation Vulindlela Phase 2, to implement a reform agenda. 

Operation Vulindlela Phase 2 is a joint initiative between the Presidency and National Treasury to accelerate the implementation of structural reforms to enable economic growth and job creation.
Phase II of Operation Vulindlela will implement reforms in three new areas, including in digital transformation.

According to the Treasury, reforms focused on improving network infrastructures, such as electricity, logistics, water, and digitalisation, have alleviated load shedding and halted the decline in freight volume transported, contributing to Fitch’s forecast of a modest increase in real GDP growth.

“Government’s economic growth strategy will continue to focus on maintaining macroeconomic stability to reduce living costs and grow investment, executing reforms to promote a more dynamic economy, building state capability in core functions and supporting growth-enhancing public infrastructure investment,” said the Treasury on Friday. 

Over the medium term, Treasury said government will invest over R1 trillion in infrastructure, and reforms will make it easier for the state and the private sector to invest in roads, rail, energy and water. 
In addition, major reforms to state spending and the budget process are underway, including the implementation of targeted and responsible savings across government. 

Treasury announced that further details will be provided in the Medium-Term Budget Policy Statement on 12 November 2025. – SAnews.gov.za
 

Remarks by Deputy in the Presidency, Ms Nonceba Mhlauli on the occasion of the Walter Sisulu University – G20 Student Dialogue, Umtata

Source: President of South Africa –

Programme Directors, Mr. Ndlelantle Pinyana and Ms. Yonela Tukwayo;
Vice-Chancellor Professor Rushiella Nolundi Songca and Members of the Executive Management of Walter Sisulu University;
The Executive Mayor of OR Tambo District Municipality, Councillor Mesuli Ngqondwana;
The Executive Mayor of King Sabata Dalindyebo Local Municipality, Councillor Nyaniso Nelani;
Representatives of the Mthatha Business Chamber, including Mr. Wellington Mbalo;
Student leaders and representatives of the Walter Sisulu University community;
Distinguished guests, faculty members, and most importantly, the student body of Walter Sisulu University;

Good afternoon, 

It is a great honour to stand before you today at this esteemed institution, named after one of our greatest liberation leaders, Walter Sisulu. His legacy reminds us that education and activism must always go hand in hand and that knowledge is not only for personal advancement, but for the upliftment of communities and the pursuit of justice.

We meet here at an exciting and historic moment for our country. For the first time, South Africa and indeed Africa holds the Presidency of the G20. From December last year until November 2025, we carry the responsibility of leading one of the most influential gatherings in the world.

Why is the G20 important? The G20 represents 85% of global GDP, 75% of global trade, and two-thirds of the world’s population.

The decisions taken within this forum reverberate in every corner of the globe, including right here in Mthatha. From the jobs we seek, to the cost of food, to the technologies shaping our future global choices matter, and the G20 is where many of those choices are debated and decided.

This year’s theme is Solidarity, Equality, Sustainability. These three words capture the vision we want to see for the world and for our people.

• Solidarity means working together across nations and communities, because the crises of today whether climate change, pandemics, or economic shocks cannot be solved by one country alone.
• Equality reminds us that fairness and justice must underpin our economic systems, so that the accident of where you are born, your gender, or your race does not limit your life chances.
• Sustainability is about securing our planet for future generations by using our resources wisely and ensuring development does not destroy the environment we depend on. 

But as important as the G20 is, let me be clear: the G20 cannot be a meeting of leaders alone. 

It must be a People’s G20. It is for this reason that government is engaging across the country, ensuring that the voices of ordinary South Africans are heard as we prepare to host the G20 Summit in Johannesburg this November. 

President Cyril Ramaphosa said we must take the G20 to all corners of our country. Over 134 G20 Ministerial and Technical Meetings have taken place in various parts of our country since December 2024. These meetings will continue until South Africa hosts the Leader’s Summit on 22nd to 23rd November 2025. 

The Eastern Cape Province hosted, among others, the First Employment Group Working Group Meeting and the Second Digital Economy Working Group Meetings. The province will, on 10th to 11th of October host the Fourth Trade and Investment Working Group Meeting. These meetings provide an opportunity to showcase South Africa to world and for G20 delegates to engage with South Africans in finding solutions to key issues facing the world.

And it is also the reason I am here today – Because you, the students of Walter Sisulu University, must not stand aside from these conversations. Your ideas, your innovations, and your perspectives matter. When we talk about the future of work, about Artificial Intelligence, about sustainable growth, about tackling inequality – We are talking about your future.

We have just hosted the Y20, the official youth engagement group of the G20. It brought together young leaders from across the world to debate solutions and to feed their recommendations into the G20 Leaders’ Summit. 

 The Y20 showed us the power of youth voices in shaping global policy. I want to encourage each of you here to follow the work of the Y20, to join the debates, and to add your voice. Because if we are to build a fairer, greener and more equal world, your generation must be at the table.

South Africa’s G20 Presidency is also about unlocking opportunities for you. We are using this platform to push for inclusive growth, industrialisation, youth employment, closing the gender gap, and harnessing the potential of technology. The message we are taking to the world is that South Africa is open for business, rich in talent, and determined to reduce inequality while building prosperity.

I know that for many students, the question is: how does this affect me directly? The answer is simple by participating, you shape the future that will affect your lives. The policies agreed at the G20 on trade, jobs, food security, and climate will filter down into the opportunities available in South Africa. When you engage, you make sure that these policies reflect your realities and aspirations.

Walter Sisulu once said, “It is a law of life that problems arise when conditions are there for their solution.” 

We are living in a time of global challenges, but also in a time of unprecedented possibility. As young people of South Africa, you are not only witnesses to these changes, you are leaders in shaping the solutions.

So my call to you today is simple:
• See yourselves as part of the global conversation.
• Take up the opportunities to engage through platforms like the Y20.
• Challenge us as leaders to ensure that this G20 is truly a People’s G20 — one that does not speak over you, but speaks with you.

Fellow compatriots, 

South Africa’s Presidency of the G20 is first and foremost about advancing our national interests in a rapidly changing global environment. By chairing this powerful grouping, we are placing inclusive and sustainable economic growth at the centre of the global agenda, while ensuring that the benefits flow to our own citizens. 

South Africa’s G20 Presidency also comes with distinct advantages as an attractive investment destination. Our business services sector is globally competitive, and our digital infrastructure is among the most sophisticated on the continent. 

With widespread mobile networks and rapidly expanding high-speed broadband, we are well-positioned to take advantage of the Fourth Industrial Revolution. 

By presenting these strengths to the G20 community, we can deepen trade partnerships, attract technology investment, and further establish South Africa as a hub for innovation and digital services. 

Food security and hunger remain global challenges that directly affect millions of households across our continent. South Africa is therefore using its G20 Presidency to push for collective solutions that strengthen food systems, stabilise agricultural markets, and promote resilience against climate shocks. Ensuring that people have access to affordable and nutritious food is not only a moral imperative, but also a cornerstone of stability and economic progress. 

Our Presidency further seeks to unlock new possibilities in Artificial Intelligence and digital transformation. We are engaging G20 partners to ensure that AI becomes a tool for inclusive development driving economic growth, creating jobs, and providing solutions to social challenges. 

By positioning ourselves at the forefront of these discussions, we aim to harness technology not as a threat but as a powerful enabler of opportunity for South Africans.

Colleagues, 

Our government is determined that South Africa’s G20 Presidency is not be an elite exercise, but one that includes the voices of ordinary citizens.

That is why we are hosting outreach engagements across the country to bring the G20 closer to the people. These dialogues ensure that our Presidency is informed by the perspectives and concerns of South Africans in all provinces, not just by policy-makers in Pretoria.

Such outreach events are vital in fostering public dialogue and encouraging participation in our G20 Presidency. They allow communities, businesses, youth, and civil society to engage with global issues in a local context, ensuring that the benefits of international cooperation translate into opportunities that people can feel in their daily lives.

They also help strengthen partnerships across sectors and deepen collaboration between government, industry, and civil society. 

By building these relationships, South Africa ensures that the G20’s outcomes are not abstract global statements, but practical commitments that support national development goals.

Before I conclude, let me give you a glimpse of the work that we have done as a country since taking over the Presidency of the G20 in December last year. 

South Africa has convened a series of high-level G20 meetings in preparation for the Summit in November. These meetings have enabled us to reach consensus on key issues and ensure that our proposals are well represented in G20 Working Documents. 

Several of our proposals have already been reflected in the discussions on inclusive growth, sustainable development, and equitable trade. This shows that South Africa is not just hosting, but actively shaping the agenda in ways that matter for us and for the wider Global South.

The meetings we have hosted span a broad range of issues: 
– Sherpa meetings on Summit readiness; 
– The Environment and Climate Sustainability Working Group on poverty, employment, and sustainable goals; 
– The Framework Working Group on the global economic outlook and fiscal risks;
– The Digital Economy Working Group on AI; 
– The Employment Working Group on gender disparities and labour income; 
– The Development Working Group on inequality and partnerships; and 
– The Trade and Investment Working Group on inclusive growth, green industrialisation, and trade reform. 

Each of these discussions has been crucial in laying the groundwork for a strong Leaders’ Declaration in November.

Through these engagements, we are ensuring that South Africa’s Presidency leaves a lasting mark. They demonstrate our capacity to convene, to lead, and to influence global decision-making in ways that resonate with our national priorities. The G20 Summit itself will be the culmination of this process, but the legacy will be in the policies and practices that endure long after the Summit has concluded.

As we move towards the G20 Summit in November, let us do so with the spirit of solidarity, with the fight for equality in our hearts, and with the vision of a sustainable world for generations to come.

I thank you.