Latest news with #G20
IOL News
2 hours ago
- Business
- IOL News
South African market resurgence new opportunities for traders
South Africa's financial markets are entering a pivotal phase marked by renewed political clarity, structural reform, and increasing global relevance. But as headline risks like US tariffs, rand volatility, and the upcoming G20 summit take centre stage, local retail traders are presented with not only greater opportunity, but more complexity. Against this backdrop, choosing the right trading partner becomes an essential decision - one that can define not just how you trade, but how well you respond to a market in transformation. Political stability and fresh optimism Since the formation of South Africa's new Government of National Unity in 2024, investor sentiment has meaningfully shifted. Markets have rallied, the longstanding 'SA discount' has narrowed, and policy momentum is driving a new level of optimism. Structural reforms aimed at restoring 3% GDP growth are gaining traction, and both domestic and international investors are beginning to reprice the South African opportunity. This renewed confidence is visible not only in equity performance but also in trade volumes across bonds and listed instruments. South Africa remains one of the few global markets where price formation still occurs primarily on-book, on-exchange; an essential feature of a healthy, transparent market ecosystem. The robustness of this infrastructure, supported by a deep institutional backbone, gives retail traders a rare level of access to clean price discovery and liquidity. South Africa is no longer merely a domestic trading hub; it is actively transforming into a globally relevant platform. With its advantageous time zone, regulatory frameworks increasingly aligned with international standards, and the rise of dual listings, the country is well positioned to serve both local and international traders. What sets this evolution apart is its ability to embrace innovation and global relevance without compromising the pragmatic resilience of its foundational ecosystem. Global trade and G20 pressures South Africa is hosting the G20 finance chiefs in Durban this November, placing it at the forefront of global economic discourse. Global uncertainty however still looms large, with President Trump having announced 30% tariffs on South African exports starting August 1, potentially impacting up to 100,000 jobs in the agriculture and automotive sectors. South African Reserve Bank (SARB) Governor, Lesetja Kganyago, has called for increased intra-African trade amidst the tariff wars. This volatility means one thing for South African traders—opportunity is rife, risk management is imperative, and robust infrastructure is a must. While global markets rush to implement changes like T+1 settlement, South Africa retains the flexibility to adopt reforms deliberately, with the depth and resilience to remain stable amid shifts. All of this makes South Africa one of the most exciting emerging markets today, but also one of the most nuanced. That's why the role of a trading partner becomes more than transactional. It becomes strategic. How to unlock long-term success In today's increasingly sophisticated trading landscape, local traders are no longer just participants but strategic actors navigating a dynamic intersection of global opportunity and local nuance. Choosing the right trading partner is no longer a matter of convenience; it's a critical decision that can define long-term success. Selecting the ideal partner begins with seeking out a firm that combines global-grade technology with deep local insight, underpinned by a compliance-first mindset aligned with FSCA regulation. A robust platform should do more than facilitate transactions. It should unlock access to JSE-listed equities, global indices, currencies, and commodities through a secure, intuitive interface. For traders seeking to hedge effectively without amplifying risk, the ability to trade in ZAR is not just a feature, it's a strategic advantage that mitigates currency exposure, often overlooked by global-first platforms. But access alone is not enough. In a market shaped by structural shifts, SARB rate decisions, and geopolitical volatility, traders need more than tools—they need clarity. A partner that delivers timely insights, actionable strategies, and a commitment to education empowers traders to make informed decisions with confidence. Whether you're entering the market or scaling your strategy, resources like a dedicated education hub and deep research coverage provide a learning edge that evolves with your ambitions. Above all, trust is the cornerstone of sustainable trading. In a market re-engaging with global capital, traders need a partner rooted in local credibility. This includes FSCA oversight, on-the-ground support, and a nuanced understanding of South Africa's regulatory and trading environment. It's a level of support that can provide traders with the assurance they need to grow and succeed. South Africa's financial future looks increasingly optimistic. The yield story remains strong. Foreign capital is returning. The market is diversifying. And with more listings and deeper liquidity, retail traders can now operate with a confidence that wasn't possible just a few years ago. But as the opportunity expands, so too does the need for precision, discipline, and guidance. In this moment of change, a strong trading partner isn't just a convenience—it's a competitive advantage. In a market defined by complexity and opportunity, that distinction matters. Because in South Africa's new market reality, the real advantage lies in who stands beside you, not just what stands in front of you.
Zawya
3 hours ago
- Business
- Zawya
Meetings Convene in South Africa.. Dr. Rania Al-Mashat Represents the Arab Republic of Egypt at the G20 Development Ministerial Meeting and the First Global Ministerial Meeting for Small and Medium-Sized Enterprises Organized by the United Nations International Trade Centre
H.E. Dr. Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, arrived in South Africa to represent the Arab Republic of Egypt at the 4th meeting of the G20 Development Working Group (DWG) and the G20 Development Ministerial Meeting, held under South Africa's G20 Presidency, themed 'Solidarity, Sustainability, and Equality,' with the participation of representatives from G20 countries, and a number of representatives of relevant governments and organizations. The meetings address several important issues, most notably the fundamental principles of global public goods and public investment, in addition to discussing mechanisms for mobilizing development financing and ways to implement them, with focus on building global resilience through the provision of comprehensive social protection. The meetings also discuss the outcomes of the 4th International Conference on Financing for Development, which recently held in Seville, Spain. H.E. Dr. Rania Al-Mashat is also participating in the First Global Ministerial Meeting for Small and Medium-Sized Enterprises (SMEs) organized by the United Nations International Trade Centre (ITC), which is also being held in conjunction with South Africa's G20 Presidency. The meeting aims to establish strategic global partnerships to enhance trade, technology, and investment opportunities for SMEs, and accelerate their growth and integration into global markets. Dr. Rania Al-Mashat is scheduled to participate in numerous events and panel discussions, in addition to holding bilateral meetings with development partners and government representatives to explore avenues to strengthen joint cooperation to advance development efforts in Egypt and enhance international partnerships. H.E. will also present the outcomes and efforts of the Ministerial Group on Entrepreneurship in supporting the startup ecosystem. The meeting will also witness the launch of the 2025 SME Competitiveness Outlook Report, which provides practical insights on how digital tools and innovation can empower SMEs to succeed in the global economy. The first Global Ministerial Meeting for SMEs will witness the participation of Ms. Pamela Coke-Hamilton, Executive Director of the International Trade Centre (ITC), Ms. Amina J. Mohammed, Deputy Secretary-General of the United Nations, and numerous representatives of governments and international organizations. Distributed by APO Group on behalf of Ministry of Planning, Economic Development, and International Cooperation - Egypt.
IOL News
5 hours ago
- Business
- IOL News
G20 South Africa 2025: a defining moment for the nation and the continent
Image: Supplied South Africa is preparing to welcome the world in 2025 as it assumes the presidency and hosts the G20 Summit in Johannesburg, a moment of national pride and continental significance. This milestone places South Africa, and by extension Africa, at the centre of global dialogue on economic growth, sustainable development, climate resilience, digital transformation, and multilateral cooperation. In the words of South African Deputy President Paul Mashatile, South Africa's goal is to promote mutually beneficial economic growth, create jobs and advance sustainable development for its partner nations. The Group of Twenty, commonly known as the G20, is the world's premier forum for economic cooperation. Representing more than 85% of global GDP, over 75% of world trade, and two-thirds of the planet's population, the G20 convenes the most powerful economies to address pressing global challenges. As the only African founding member of the G20, South Africa's presidency could not be more timely or symbolic. At a time when the world is redefining recovery and resilience in the wake of geopolitical tensions, economic uncertainty, and climate disasters, South Africa brings a grounded, inclusive voice to the table, one that reflects the aspirations of the Global South and the urgent developmental needs of the African continent. Image: Supplied The G20 countries' ability to respond collectively to mounting challenges facing the multilateral system will determine both the speed of global recovery and the future of sustainable development. Under the banner of 'inclusive growth for a just world,' South Africa's leadership is expected to spotlight issues such as financing for sustainable infrastructure, the global energy transition, youth employment, food security, digital inclusion, and equitable access to global markets. These are not only global concerns, but they are also everyday realities for millions across Africa. The Summit will attract heads of state, finance ministers, central bank governors, and global institutions like the UN, World Bank, and International Monetary Fund. Beyond political leadership, the G20 also engages civil society, youth, women, labour, business, and think tanks through structured engagement groups—offering platforms for a wider range of voices to shape global policy. Johannesburg, as host city, will become a strategic hub of diplomacy, business exchange, and cultural showcase. While the summit itself is a high-level, closed-door affair, South Africans can expect a wave of public engagement, community-driven programmes, investment conversations, and national pride as the event draws near. 'The G20 presidency is a powerful opportunity for South Africa to place Africa's priorities at the heart of global decision-making. We are committed to driving an inclusive agenda that ensures no country, and no person, is left behind.' said President Cyril Ramaphosa. Image: Supplied For the South African government, this is more than ceremonial. It is an opportunity for G20 members to transform commitments into lasting action. Key issues remain a challenge in the country and the continent, and there is a call for greater accountability to drive tangible progress in the global pursuit of gender equality SA's G20 presidency is also an opportunity to elevate African perspectives, strengthen international alliances, and advance sustainable development goals. It is a chance to reinforce South Africa's commitment to multilateralism and global cooperation at a time when unity is more important than ever. As preparations intensify in the coming months, all eyes will be on South Africa not just as a host, but as a bridge between developed and developing economies. The 2025 G20 Summit is more than just a gathering of nations. It is a moment for South Africa to lead with purpose, to shape global consensus, and to drive transformation that begins on the continent but resonates across the globe. Stay updated by visiting or follow #G20SouthAfrica2025 for news, opportunities, and ways to engage.
IOL News
7 hours ago
- Business
- IOL News
South Africa at a crossroads: Navigating global leadership for green industrialisation
The Minister of Trade, Industry and Competition, Parks Tau. Minister Tau's green industrial vision presents a promising pivot, says the author. Image: Independent Media Archives Poised at a critical crossroad, South Africa finds the complexities of its just transition encompassing both profound challenges and significant opportunities – illuminated by the recent G20 Finance Ministers' and Central Bank Governors' Meeting and Minister Parks Tau's budget speech for the Department of Trade, Industry, and Competition. These two events offer a glimpse of how the country could leverage its leadership position internationally and domestically to drive a sustainable, equitable and transformative economic shift. As South Africa approaches the G20 Summit in November 2025, the G20 Finance Ministers' and Central Bank Governors' Meeting held in Durban last week demonstrated the country's standing in building unity and the influencing global financial ecosystem. The meeting culminated in the issuing of a communiqué consented to by all members that centres on strategic macroeconomic issues, multilateral cooperation, price stability and capital mobilisation - all having important implications for South Africa's just transitions. At the meeting, ministers and central bank governors considered key recommendations for enhancing collaboration among Vertical Climate and Environment Funds, Multilateral Development Banks, National Development Banks, and the private sector for innovative financing mechanisms. They also shared views on binding macroeconomic and microeconomic constraints to scaling up sustainable finance. Significantly, members reaffirmed the urgency of scaling up financing for adaptation and just transitions. South Africa's global advocacy within the G20 is commendable, but the true measure of our G20 Presidency lies in converting these high-level pledges into tangible impacts that elevate marginalised communities. At home, Minister Tau's budget speech put the urgency of action required to address entrenched economic exclusion. For the past three decades the country's economy has been trapped in a paradox albeit blessed with mineral wealth, human ingenuity, and democratic promise, yet shackled by 34% unemployment, devastating poverty and inequality, and growth averaging just 0.7% since 2014. Minister Tau's green industrial vision presents a promising pivot that is centred around renewable energy, critical minerals beneficiation, local manufacturing, and inclusive finance that turns country's economic polycrisis into a bold just transition programme in which the energy transition benefits the society. Green industrial hubs such as the Boegoebaai Hydrogen SEZ and its concomitant R339 billion investment pipeline promised a series of value chains beyond renewable energy. A well planned and sequenced implementation will have a monumental impact. The South African Renewable Energy Masterplan (SAREM) targets local manufacturing of solar, wind turbines, and batteries for industrial scale manufacturing capabilities with significant value chains development envisaged. This illustrates a potential roadmap for green industrialisation, catalysing substantial investment and job creation. However, the success of these plans hinges critically on execution, ensuring that the public and private sectors procurement policies enforce local content. The promised "high-speed approval lane" under the Omnibus Bill for high impact projects must ease the doing business. Developing local and black industrialists, and community and worker owned enterprises should be the cornerstone of the bill's implementation to democratise the local ownership of the economy. Moreover, the international trade landscape and geopolitics presents both threats and opportunities. The 'Butterfly Strategy' posited by Minister Tau rightly sets out to diversify the country's trade beyond the West. As the United States trade regime threaten South Africa with a 30% tariff and the European Union implement its Carbon Border Adjustment Mechanisms, South Africa's exports face threats at multiple fronts. The Minister's speech lacked substantial content on the 'Butterfly Strategy', whether new markets are being sought or expanding existing markets to mitigate the risks exposure of South African exporters. While he did make cursory reference to ongoing engagements with the United States government, he provided no other alternative action barring the African Continental Free Trade Area. Possible expansion considerations may include prioritising regional value chains in batteries, electric vehicles, and solar technology with Namibia (green hydrogen), DRC (cobalt), and Morocco (solar), building out trade agreements within BRICS, etc. Ultimately, the G20 commitments and Minister Tau's green industrial strategy intersect profoundly. Both stress the importance of inclusive growth, sustainable finance, and collective action. South Africa's leadership in the G20 offers a unique moment to advocate for global equity while simultaneously transforming our domestic economy. This dual role requires vigilance and accountability to ensure lofty goals translate into lived realities. South Africa's industrial policy goes beyond economic growth, it serves as a form of social healing. Imbuing the just transition into industrial policy will lead the redress of historically skewed economic ownership and participation patterns and changing the fabric of our society into one of shared prosperity for all. The alignment between international advocacy and domestic action could set South Africa as a global example of how finance, industrial policy, and social justice can converge, powerfully impacting the most vulnerable in society. Yet this potential demands a commitment to action, beyond rhetoric, and beyond pledges. It is a moment to unite collective efforts across government, industry, and society, moving decisively from vision to reality. South African can lead the Global South but only if we treat this moment with urgency and into collective creation. Devan Pillay is the Executive Manager: Institutional Support at the Presidential Climate Commission. Image: Supplied Devan Pillay is the Executive Manager: Institutional Support at the Presidential Climate Commission *** The views expressed here do not necessarily represent those of Independent Media or IOL. BUSINESS REPORT
Ammon
9 hours ago
- Business
- Ammon
A moment of opportunity: supercharging the clean energy age
Ammon News - By António Guterres Energy has shaped humanity's path – from mastering fire, to harnessing steam, to splitting the atom. Today, we're at the dawn of a new era. The sun is rising on a clean energy age. Last year, nearly all new power capacity came from renewables. Investment in clean energy soared to $2 trillion – $800 billion more than fossil fuels. Solar and wind are now the cheapest sources of power on Earth, and clean energy sectors are creating jobs, boosting growth and powering progress despite fossil fuels still receiving far greater subsidies. Countries that cling to fossil fuels are not protecting their economies, they are sabotaging them – undermining competitiveness, and missing the greatest economic opportunity of the 21st century. Clean energy also delivers energy sovereignty and security. Fossil fuel markets are at the mercy of price shocks, supply disruptions, and geopolitical turmoil, as we saw when Russia invaded Ukraine. But there are no price spikes for sunlight, no embargoes on wind, and almost every nation has enough renewable resources to be energy self-sufficient. Finally, clean energy spurs development. It can reach the hundreds of millions of people still living without electricity quickly, affordably and sustainably, particularly through off-grid and small-scale solar technologies. All this makes the clean energy era unstoppable. But the transition is not yet fast or fair enough. Developing countries are being left behind. Fossil fuels still dominate energy systems, and emissions are still rising when they must plummet to avoid the worst of the climate crisis. To fix this, we need action on six fronts. First, governments must fully commit to the clean energy future. In the coming months, every country has pledged to submit new national climate plans – known as Nationally Determined Contributions – with targets for the next decade. These plans must align with limiting global temperature rise to 1.5 degrees Celsius, cover all emissions and sectors, and lay out a clear path to clean energy. G20 countries, responsible for around 80 per cent of global emissions, must lead. Second, we must build 21st century energy systems. Without modern grids and storage, renewable power can't fulfill its potential. But for every dollar invested in renewable power, just 60 cents go to grids and storage. That ratio needs to be one- to-one. Third, governments must aim to meet the world's surging energy demand with renewables. Major tech companies must also play their part. By 2030, data centres could consume as much electricity as Japan does today. Companies should commit to power them with renewables. Fourth, we must embed justice in the energy transition. This means supporting communities still dependent on fossil fuels to prepare for the clean energy future. And it means reforming critical minerals supply chains. Today, they're riddled with rights abuses and environmental destruction, and developing countries are trapped at the bottom of value chains. This must end. Fifth, we must make trade a tool for energy transformation. Clean energy supply chains are highly concentrated and global trade is fragmenting. Countries committed to the new energy era must work to diversify supplies, cut tariffs on clean energy goods, and modernize investment treaties so they support the transition. Sixth and finally, we must drive finance to developing countries. Africa received just two percent of renewables investment last year, despite having 60 per cent of the world's best solar resources. We need international action – to prevent debt repayments sucking developing country budgets dry, and to enable multilateral development banks to substantially increase their lending capacity, and leverage far more private finance. We also need credit rating agencies and investors to modernise risk assessments, to account for the promise of clean energy, the cost of climate chaos, and the danger of stranded fossil fuel assets. A new energy era is within reach – an era where cheap, clean abundant energy powers a world rich in economic opportunity, where nations have the security of energy autonomy, and the gift of electricity is a gift for all. This is our moment of opportunity to supercharge the global shift. Let's seize it.
