PRESIDENT RAMAPHOSA TO LAUNCH SOUTH AFRICA’S G20 PRESIDENCY

President Cyril Ramaphosa will on Monday, 02 December 2024, brief the media on South Africa’s Group of Twenty (G20) Presidency.

During the recent G20 Rio Leaders’ Summit in Brazil, President Cyril Ramaphosa officially accepted South Africa’s responsibility for the G20 Presidency for 2025. This will be the first time an African economy leads the G20 for a rotational, one-year term.

Brazil held the G20 Presidency during 2024, and South Africa will at the end of its term hand over the G20 Presidency to the United States of America.

The G20 is a forum of the largest economies in the world who meet regularly to discuss the most pressing issues facing the global economy.

Under its G20 Presidency, South Africa seeks to provide strategic direction in establishing a more equitable, representative and fit-for-purpose international order, in-line with the main multilateral processes under the United Nations.