G20 Finance Chiefs Approach Consensus in South Africa
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South Africa's rand and stocks gained on Friday as investors turned their attention to the final day of the two-day Group of 20 finance meeting, which South Africa, the first African host nation, hopes to conclude with a formal communique.
U.S. Treasury Secretary Scott Bessent did not attend the two-day meeting in the port city of Durban, continuing a string of snubs by Trump administration officials.
At the G20 meeting in South Africa, finance chiefs emphasized central bank independence amid global economic uncertainty caused by trade tensions and extreme weather. The communique highlighted the need for cooperation and acknowledged the WTO's role in trade,
Group of 20 finance officials meet in South Africa from Thursday amid trade tensions, a global economic slowdown and Washington's threat to withdraw from multilateral organisations. President Cyril Ramaphosa has sought to leverage Africa's first G20 presidency to promote an African agenda,
US-South Africa Ties: Trump Rejects Diplomatic Visa for Ramaphosa's Special Envoy | Firstpost Africa
Trump Rejects Diplomatic Visa for Ramaphosa's Special Envoy | Firstpost Africa | N18G The ties between South Africa and the US continue to deteriorate. In the latest, the American authorities have denied a diplomatic visa to President Cyril Ramaphosa’s special envoy,
Addressing leaders at the G20 Finance Ministers and Central Bank Governors (FMCBG) meetings, the SARB Governor highlighted the systemic risks posed by the insurance gap.
JOHANNESBURG (Reuters) -African leaders are pushing to speed up implementation of a continent-wide deal to boost trade as growing concerns over U.S. tariffs, including rates as high as 50% for Lesotho,
Finance chiefs of G20 countries expressed optimism for an agreement on a common position on trade and other global challenges on Friday despite U.S. President Donald Trump's tariffs which have overshadowed their meeting,