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RMB – a division of FirstRand Bank Limited, is an Authorised Financial Services and Credit Provider NCRCP20.

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CapeTalkG20interviewwithNanaPhiri

The CapeTalk interview highlights the critical importance of trade and investment for South Africa's G20 Presidency as a foundational pillar for economic growth, job creation, and industrialisation.

CapeTalk interview

What was discussed

  • Africa's G20 Opportunity: South Africa's presidency champions Africa's agenda and priorities globally.
  • Trade & Investment Focus: Essential for driving economic growth, addressing low growth, high unemployment, and fiscal pressures.
  • Attracting FDI (Foreign Direct Investment): Crucial for bringing capital, technology, and skills into the economy.
  • Job Creation: Investments create employment, tackling high unemployment.
  • Industrialisation: Shifting from raw material exports to high-value goods and services.
  • Policy Certainty: Stable policy environment is paramount for attracting and retaining FDI.
  • Affordable Capital: Advocating for accessible capital for emerging nations to fund infrastructure.
  • Inclusive Trade Rules: Promoting global trade reforms that benefit developing countries.

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