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South Africa's G20 Presidency views trade and investment as a key driver to attract foreign direct investment, economic growth, job creation and industrialisation. Listen to the 702 and CapeTalk interviews to learn more about the need for policy certainty and inflation targeting to reinforce investor confidence and long-term economic resilience.
G20 Solidarity | Trade and Investments in Africa
Clement Manyathela – 702 Interview | Trade and Investment in Africa
Lester Kiewit – CapeTalk | Trade and Investment in Africa
What was discussed
- Africa’s G20 Opportunity: South Africa’s G20 Presidency serves as a platform to champion Africa’s agenda and priorities globally
- Trade and investment as economic drivers: Central to addressing low growth, high unemployment, and fiscal pressures
- Foreign Direct Investment (FDI): Vital for attracting capital, technology, and skills from multinationals to boost the South African economy
- Job creation: FDI and investment initiatives help create employment and open new markets
- Industrialisation: Focus on shifting from raw material exports to high-value-added goods and services, deepening value chains
- Policy certainty: A stable and predictable policy environment is essential for attracting and retaining foreign investment
- Inflation targeting: A lower inflation band (e.g. 2–3%) enhances monetary policy certainty, reduces exchange rate volatility, and supports investor confidence
- Affordable capital access: Advocacy for accessible financing for emerging economies to support infrastructure development
- Inclusive global trade rules: Promoting reforms that benefit developing nations and ensure fair participation in global trade
