Ntshavheni has welcomed the progress made so far in preparation for the upcoming G20 meeting, which is set to take place in November this year. As the Minister of Small Business Development, she has expressed her satisfaction with the efforts put in by the South African government and its partners in ensuring a successful and impactful G20 summit.
The G20, or Group of Twenty, is an international forum for the governments and central bank governors from 19 countries and the European Union. It was established in 1999 to bring together the world’s major economies to discuss and address global economic issues. South Africa is set to host the 2021 G20 summit, which will be the first time an African country has held this prestigious event.
In her statement, Minister Ntshavheni highlighted the importance of the G20 summit for South Africa and the continent as a whole. She stated, “The G20 summit presents a significant opportunity for South Africa to showcase our country’s potential and to engage with the world’s major economies on issues that are crucial for our development.” This sentiment is shared by many, as the G20 summit is seen as a platform for South Africa to promote its economic growth and attract foreign investment.
The preparations for the G20 summit have been in full swing since South Africa was announced as the host country in 2018. The government has been working closely with various stakeholders, including the private sector, civil society, and international partners, to ensure a successful event. Minister Ntshavheni has commended the collaboration and coordination between these entities, stating that it has been instrumental in the progress made so far.
One of the key areas of focus for the G20 summit is the empowerment of small and medium-sized enterprises (SMEs). As the Minister of Small Business Development, Ntshavheni has been actively involved in discussions and initiatives related to SMEs and their role in economic growth. She has expressed her satisfaction with the inclusion of SMEs in the G20 agenda, stating that it aligns with South Africa’s commitment to promoting entrepreneurship and creating an enabling environment for small businesses.
The G20 summit also presents an opportunity for South Africa to address global issues such as climate change, digital transformation, and sustainable development. Minister Ntshavheni has emphasized the importance of these issues, stating that they are crucial for the growth and development of not only South Africa but the entire world. She has also highlighted the need for collaboration and cooperation among G20 member countries to find solutions to these pressing issues.
In addition to the preparations for the summit, South Africa has also been working on various projects and initiatives to showcase its potential and attract investment. These include the establishment of the African Continental Free Trade Area, the launch of the African Continental Free Trade Area Digital Platform, and the implementation of the African Continental Free Trade Area Agreement. These efforts demonstrate South Africa’s commitment to promoting economic growth and development in the continent.
As the G20 summit draws closer, Minister Ntshavheni has urged all South Africans to support and embrace the event. She stated, “The G20 summit is not just a government event, but it is an opportunity for all South Africans to showcase our country’s potential and contribute to its success.” She also encouraged the public to engage with the G20 agenda and to participate in discussions and initiatives related to the summit.
In conclusion, Minister Ntshavheni’s positive outlook and satisfaction with the progress made so far in preparation for the G20 summit is a testament to the hard work and dedication of the South African government and its partners. The G20 summit presents a significant opportunity for South Africa to showcase its potential, address global issues, and attract investment. As the host country, South Africa is ready to welcome the world and make the 2021 G20 summit a success.
