Sa Promises Unique Business Connections And Unparalleled Tourism Showcase During G20 Summit

This year is historic as it will be the first time in history that the African continent will host the G20 Summit under the theme Solidarity, Equality, Sustainability. This could not have come at a better time as this not only bodes well for the promotion of South Africas rich history, heritage and cultures but for partnerships with the rest of Africa in advancing the continents growth agenda.

Since forming South Africas Government of National Unity GNU in July 2024, the nation has seen positive developments across sectors.

The Johannesburg Stock Exchange exhibited notable performance. The bond market has rallied with 10-year government bond yields dropping from 11.04 to 9.358 by November while S P Global Ratings upgraded the countrys outlook to positive.

Beyond the financial markets, there has been a notable uplift in business confidence. This reflects investor confidence in improved fiscal management and economic reforms under the coalition government.

Renewed confidence is evident in the strengthening rand and rising foreign direct investment reflecting trust in the countrys economic trajectory.