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FAQS ABOUT G20 SA 2025
What is the G20? And when is the 2025 G20 Leaders’ Summit?
The G20 is a forum that brings together leaders from developed and emerging economies to discuss critical global financial, political and social issues. Meetings of various working groups and task forces are held throughout the year, culminating in a Leaders’ Summit. The 2025 G20 Leaders’ Summit will be held in Johannesburg in November.Which countries are G20 members?
The G20 comprises two regional unions — the African Union and European Union — and 19 countries. These include Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, the Republic of Korea, Saudi Arabia, SA, Turkey, the UK and the US.SA holds the G20 Presidency for 2025. Why is this significant?
The G20 Presidency rotates annually among its members. This year marks the first time an African country has held the Presidency, and it gives SA the chance to steer the agenda. “This is a valuable opportunity for SA to advance efforts towards greater global economic growth and sustainable development. It is an opportunity to place the needs of Africa and the rest of the Global South more firmly on the international development agenda,” said President Cyril Ramaphosa. “Through SA’s G20 Presidency we will work to build a better Africa and a better world, and to ensure that no one is left behind.”What will SA prioritise as G20 President?
Guided by the overarching theme of “Solidarity, Equality and Sustainability”, SA’s Presidency of the G20 will focus on three high-level deliverables: 1) inclusive economic growth, industrialisation, employment and reduced inequality; 2) food security; and 3) AI, data governance and innovation for sustainable development.When it comes to advocating for Africa and the Global South’s interests on the international stage, President Ramaphosa has outlined several priorities: 1) strengthening disaster resilience and response; 2) ensuring debt sustainability for low-income countries; 3) mobilising finance for a just energy transition; and 4) “championing the use of critical minerals as an engine for growth and development”.
What is B20 — and how does it relate to G20?
The Business 20 (B20) is the official business engagement forum of the G20. According to B20southafrica.org, it “provides a platform for companies and business organisations to articulate their perspectives on pressing global economic and trade issues, ensuring that the voice of the business community is heard at the highest levels of international economic governance”.
“SA’s role as host of the 2025 G20 Summit and its associated B20 Summit presents a significant opportunity for business. As the world’s major economies gather to discuss trade, investment and sustainable development, SA will be in the spotlight. The B20 Summit, the official business engagement forum of the G20, will provide a platform for private sector leaders to influence global economic policy that drives business-friendly reforms.
— Oscar Siziba, Head of Coverage: Business Banking at Standard Bank SA
