SA's influence in global arena is back in spotlight at G20 meeting

JOHANNESBURG - South Africa’s influence in the global arena is back in the spotlight as the country hosts the first G20 Sherpas, Finance Deputies, and Central Bank Governors meeting in Sandton on Monday.  

South Africa kicked off its G20 presidency at the start of December, making it the first African nation to lead the bloc for a year-long rotational term.  

Global leaders from the bloc, which represents 85% of the global economy, are expected to spend the week discussing a range of global issues, including the economy, climate change, and conflicts.  

South Africa is expected to use its G20 presidency to drive an agenda for inclusive economic growth, food security, and artificial intelligence, especially for the African continent.  

Three temporary task forces have been established to review some of the progress made by G20 predecessors, including Brazil, and to find working solutions for what still needs to be done to reach the bloc’s targets.  

Minister of International Relations Ronald Lamola said other urgent priorities will also be on the table.  

“These include strengthening disaster resilience and response, ensuring debt sustainability for low-income countries, mobilising finance for a just energy transition, and harnessing critical minerals for inclusive growth and development.”  

South Africa’s presidency comes at a time when the country’s low-growth economy and a poor investment climate have raised some questions about how effective its voice will be over the next 12 months.  

Complicated geopolitics is also expected to throw a spanner in the works, with trade wars and conflicts also taking centre stage.