South Africa’s delegation, led by President Cyril Ramaphosa, is making a strong presence at the 55th annual World Economic Forum (WEF) in Davos, Switzerland. Taking place from January 20 to 24, 2025, under the theme “Collaboration for the Intelligent Age,” the forum brings together global leaders to address pressing global and regional challenges.
President Cyril Ramaphosa has outlined the country's G20 prioritities at the World Economic Forum in Davos. He told delegates that South Africa is the ideal country to advance global cooperation. Ramaphosa said the country's ability to promptly form a government of national unity was an indication of stability and inclusive governance.
South African President Cyril Ramaphosa has announced that the country is undergoing a "fundamental transformation" as it strives to accelerate inclusive economic growth. Addressing the South Africa Night at the World Economic Forum (WEF) in Davos Klosters,
Debt sustainability for low-income countries is one of the four priorities of South Africa’s G20 Presidency. In the world we inhabit today, the pursuit of equality and the practice of solidarity cannot be separated from sustainable development.
South Africa is focusing on implementing growth-enhancing reforms not regaining its investment-grade credit rating, which could take two years or more, its finance minister said on Monday.
South Africa's economic outlook is better this year than last, but the inflation picture is more muddied as risks abound, its central bank governor said on Tuesday.
South African President Cyril Ramaphosa outlined objectives and priorities for the country’s G20 presidency with a promise of elevating the impact of climate change on developing countries.
Speaking at the World Economic Forum meeting in Davos, President Ramaphosa underscored the need for coordinated global action on climate change, calling on industrialised nations to honour their commitments to finance and support climate initiatives in the Global South.
We will seek agreement on increasing the quality and quantity of climate finance flows to developing economies as agreed at various UN climate change summits,” Ramaphosa said.
The U.N. chief ratcheted up his warning about climate change and said the world's thirst for fossil fuels is a “Frankenstein monster" that spares no one, while calling for greater attention to risks posed by artificial intelligence if its ascent goes ungoverned.
Ahead of the G20 Summit, President Cyril Ramaphosa has indicated that he will use this year’s trip to Davos tackle South Africa’s economic challenges, underscoring a commitment to cross-sector collaboration and climate advocacy.
Tonight, under the guiding principle of Ubuntu – the profound belief that ‘I am because we are’ – we are reminded of the interconnectedness of humanity. It is this principle of Ubuntu that underpins South Africa’s leadership and vision for our G20 Presidency.