Trump could take the shine off Ramaphosa’s G20 Presidency - Dr Jakkie Cilliers ISS

Loading player...
This week, South Africa assumed the Presidency of the G20, comprising many of the world’s largest developing and developed economies. It is the first time an African nation chairs the bloc. Ramaphosa said at the launch in Parliament in Cape Town that inclusivity would be a key feature of South Africa’s leadership of the G20 and that he would continue the developmental agendas of the previous G20 presidencies of India, Indonesia, and Brazil and bring the development priorities of Africa and the Global South to the fore. The G20 is “extremely prestigious, says Dr. Jakkie Cilliers, Head of the African Futures and Innovation Programme at the Institute of Security Studies in Pretoria and it is an opportunity to showcase South Africa and ensure it is visible on the international stage. The newly re-elected US President could, however, take a bit of the shine off Ramaphosa’s G20 Presidency, according to Dr. Cilliers. President-elect Trump, he said, is not committed to climate change or sustainable development or multilateralism—the issues that are important to South Africa. South Africa will hand over the G20 Presidency to the US in November at a G20 summit next year, and Dr. Cilliers said there is a big question mark over Trump’s attendance. The newly elected US President has in the past lumped African countries into a basket of “shithole countries.”
8 Dec 2024 9AM English South Africa Investing · Business News

Other recent episodes

Payroll tech company Allwage tackles wage pain points: Ghost workers, fraud – loan sharks next

In South Africa, countless businesses still rely on outdated systems—like paper timesheets and manual tracking—for wage management. Yet millions of workers carry smartphones in their pockets, unlocking a prime opportunity for innovation. Enter Allwage: harnessing mobile tech to streamline payroll, boost accountability, and revolutionise wage-earner oversight. Co-founder Cilliers Geldenhuys explains…
12 Dec 6AM 14 min

Director’s Cut: Piet Viljoen - Why Mr Price’s R10bn Germany gamble could blow up

Value investor Piet Viljoen breaks down Mr Price’s German gamble, Spar’s costly EU exit, Famous Brands’ offshore stumble, and why HCI’s buybacks make far more sense than chasing “expensive fairy tales” abroad. From Eskom’s industrial rescue talks to Transnet’s slow turnaround and the ANC’s political bluster, Viljoen gives Alec Hogg…
10 Dec 9PM 29 min