Harnessing the Spirit of Ubuntu in support of South Africa's Presidency
FNB and RMB Private Bank have come together to partner in support of the G20 Presidency.
We are ready to collaborate with government and business leaders to strengthen global partnerships, shape and influence global economic policy discussions to drive equality, inclusive growth and sustainable development. Our intent is to drive even more focus and impact on sustainability, financial inclusion and agricultural development, ensuring food security. We are invested in Ubuntu and committed to sustainability, empowering communities and humanity.
What is G20?
The G20 (Group of 20) is an international forum comprising many of the world's largest developing and developed economies to tackle pressing global economic and financial issues. With G20 members accounting for approximately 85% of global Gross Domestic Product, 75% of international trade, and two-thirds of the world's population, the forum plays a critical role in influencing global policy making and coordination and fostering global economic stability.
The G20 focuses on:
Why is G20 important?
Because South Africa is the only African country in the G20, it enjoys a unique position to represent African interests on the global stage. South Africa is also the first African country to host the G20 Presidency from 1 December 2024 until 30 November 2025. The presidency marks unique opportunity to redefine our continent's role in the global economy. The G20 South Africa theme for 2025 is solidarity and equality through sustainable development.
Why does the also G20 matter to individuals and businesses?
| As an Individual | As a Business |
|---|---|
| Economic Stability & Jobs | Trade & Market Access |
The G20 works to prevent global financial crises and promote economic growth. A stable global economy means:
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G20 agreements can open or restrict access to international markets, impacting:
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Decisions on interest rates, trade, and energy policies can influence:
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G20 influences global banking rules and tax policies, which affect:
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The G20 addresses climate change and promotes green energy. This affects:
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The G20 promotes digital transformation and cybersecurity standards, which can:
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During pandemics or disasters, G20 coordination helps:
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Help Changes Everything
