G20, South Africa and Financial crisis of 2007–2008
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Addressing leaders at the G20 Finance Ministers and Central Bank Governors (FMCBG) meetings, the SARB Governor highlighted the systemic risks posed by the insurance gap.
Addressing the widening natural catastrophe insurance protection gap requires a multi-stakeholder approach, including public-private partnerships,
Deputy President Shipokosa Paulus Mashatile has today, Friday, 18 July 2025, concluded a successful Working Visit to the People’s Republic of China, aimed at strengthening bilateral relations and economic cooperation between South Africa and China.
G20 finance chiefs, meeting in Durban, underscored the crucial role of central bank independence amid global tensions. Their communique, reflecting cooperation, was notable despite U.S. absence. It also highlighted issues like WTO reform and stressed addressing economic vulnerabilities in low-income nations.
South Africa should join others at the G20 to support universal social protection systems, and not means-tested systems that base eligibility for support on income, ...
Finance chiefs of G20 countries expressed optimism for an agreement on a common position on trade and other global challenges on Friday despite U.S. President Donald Trump's tariffs which have overshadowed their meeting,
South Africa urged G20 countries to provide global and cooperative leadership to tackle challenges including rising trade barriers as the club's finance chiefs met on Thursday under the shadow of President Donald Trump's tariff threats.
G20 chair South Africa warned Thursday that abandoning the rules-based global order and declining cooperation could derail 2030 development goals to end hunger, eradicate extreme poverty and fight climate change.