Presidency backs Solly Malatsi in BEE reform fight

Presidency backs Solly Malatsi in BEE reform fight

President Cyril Ramaphosa Presidential spokesman Vincent Magwenya has contradicted an ANC statement that communications minister Solly Malatsi acted unlawfully when he issued a policy directive last Friday on black economic empowerment in the ICT sector. Briefing journalists on Monday, Magwenya said President Cyril Ramaphosa did not have an issue with the policy directive. The president…

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Africa: South Africa’s G20 Presidency Is Over – What Did It Achieve for Climate and Clean Energy in Africa?

Africa: South Africa’s G20 Presidency Is Over – What Did It Achieve for Climate and Clean Energy in Africa?

South Africa opened its G20 presidency with an ambitious message for a world divided by conflict and economic strain: solidarity, equality and sustainability. The Johannesburg G20 leaders’ summit tried to mend deep geopolitical rifts. Even those who chose to boycott the summit remained included – with their chairs left symbolically empty. A G20 presidency is…

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Africa: South Africa’s G20 Presidency Is Over – What Did It Achieve for Climate and Clean Energy in Africa?

Africa: South Africa Uses G20 Presidency to Champion Global South and Debt Relief

Deputy President Paul Mashatile has pledged that South Africa’s Presidency of the Group of 20 (G20) will drive a strong Global South agenda focused on debt relief, inclusive growth, and sustainable development. Speaking at the recently held Türkiye-Africa Business and Economic Forum (TABEF) in Istanbul, Mashatile said South Africa will use its leadership of the…

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Africa: ‘It’s Time to Deliver’ – COP29 Presidency Urges Action on Climate Finance Promises

Africa: ‘It’s Time to Deliver’ – COP29 Presidency Urges Action on Climate Finance Promises

Climate change continues to have escalating impacts on the world, making the Conference of the Parties (COP) an essential global climate action platform. Climate-related disasters are increasing worldwide, affecting mostly developing countries that contribute very little to global emissions. In Africa, climate change costs countries between 2% and 5% of their GDP. Some nations even…

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Africa: South Africa’s G20 Presidency Is Over – What Did It Achieve for Climate and Clean Energy in Africa?

Africa: Egypt Welcomes Coordination With South Africa Under Its G20 Presidency to Advance Gfs Reform

Minister of Planning, Economic Development and International Cooperation Rania el-Mashat said Egypt welcomes coordination with South Africa within the framework of its presidency of the G20 to push forward restructuring the Global Financial System (GFS) and achieve tangible progress in development financing, highlighting the joint role that Egypt and South Africa play as “cornerstones” of…

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