South Africa to Utilize World Economic Forum for Enhanced Global Presence

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South Africa to Utilize World Economic Forum for Enhanced Global Presence

Synopsis

South African Finance Minister Enoch Godongwana emphasized a collaborative effort between government and business to leverage the upcoming World Economic Forum for enhancing the nation's global profile and showcasing its G20 presidency.

Key Takeaways

  • Unified approach needed for WEF.
  • Opportunity to elevate global presence.
  • Highlighting G20 presidency themes.
  • Importance of innovation and inclusion.
  • Strength in collaboration is key.

Johannesburg, Jan 17 (NationPress) South African Minister of Finance Enoch Godongwana urged a unified approach from both government and business sectors to utilize the forthcoming World Economic Forum (WEF) to elevate the nation's global standing and highlight its G20 presidency.

The Annual Meeting 2025 of the WEF is scheduled to occur in Davos, Switzerland, from January 20 to 24. During a Pre-WEF Breakfast Briefing Session in Johannesburg, which is the largest city and economic center of South Africa, Godongwana stressed the importance of this year’s WEF.

He remarked, “This presents a golden opportunity to not only strengthen South Africa’s visibility on the world stage but also to profile our G20 presidency.” South Africa took on the G20 presidency in December 2024 and is set to host the G20 Leaders' Summit later this year.

Godongwana announced that President Cyril Ramaphosa will be leading the South African delegation to the WEF for the first time in several years. The delegation will spotlight South Africa’s G20 presidency, which is themed “Solidarity, Equality, and Sustainability,” embodying the nation’s vision for global leadership.

The finance minister highlighted that this year's WEF theme, “Collaboration in the Intelligent Age,” resonates with South Africa’s commitment to innovation and inclusion as it tackles its economic and social hurdles.

To maximize this opportunity, Godongwana stressed the importance of collaboration between business and government as South Africa prepares to narrate its story on the global platform.

He stated, “It is essential that we align our key messages to showcase our country's strengths, address misconceptions, and advance our collective priorities.” By presenting a unified front, South Africa can enhance its standing and influence in the global arena.

In conclusion, Godongwana emphasized, “As we prepare to represent South Africa in Davos, let us remember the strength that lies in collaboration. Together, government and business can drive the messages that matter most: resilience, opportunity, and shared prosperity.”