BLSA CEO’s Weekly Newsletter – G20 success showcased South Africa’s potential — now strengthen the fundamentals

South Africa successfully hosted the G20 and B20 summits, with the Leaders Declaration aligning strongly with B20 recommendations on African development, trade, and investment. The Africa Engagement Framework, backed by South Africa for six years, will coordinate global action to support Africa’s integration into the financial system and accelerate the AfCFTA. International credibility from G20 hosting must be matched by domestic delivery of reforms, including on rule of law, as investors scrutinise the integrity of our criminal justice system. BLSA is supporting criminal justice reform and engaged with Police Minister Cachalia for a positive discussion on development of the police service. South Africa should be proud of its hosting of the G20 meetings. Last week’s events, including the B20 Summit and then the G20 Leaders Forum, showed the world what we are capable of, with smooth logistics, good infrastructure and, most importantly, a deft handling of the complex political and diplomatic processes that had to be followed. The resulting G20 Leaders Declaration is a powerful document that sets out a vision and set of actions that tackle several global challenges, and there is much that puts African development on a strong footing. I was particularly pleased to see the Leaders […]

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