Cape Town — President Cyril Ramaphosa said many global leaders saw the creation of the Government of National Unity (GNU) as a positive step for South Africa.
In his weekly newsletter, Ramaphosa spoke about his recent trip to the World Economic Forum (WEF) in Davos, South Africa; ‘s G20 Presidency and the support of South Africa’s decision to form a GNU following the 2024 elections.
Ramaphosa said it was important that no country can sustain growth, stability and development without the support of other countries working to overcome common problems.
South Africa’s message was received well in Davos and many people supported its G20 priorities. The focus on African countries with developing economies was supported. He said the support for the GNU was also appreciated and was seen as a way to improve stability and incorporate growth.
“We also noticed a much-improved sentiment towards South Africa and the prospects for our economy in the years ahead. They commented on the successful transition from the 6th to the 7th administrations and the formation of the GNU,” he said.
Last week, I led a South African delegation to the World Economic Forum (WEF) annual meeting in Davos, Switzerland. Every year in January thousands of leaders from government, business and other sectors gather in this town in the Alps to discuss the state of the global economy.… pic.twitter.com/LC75UGkTt8
— Cyril Ramaphosa 🇿🇦 (@CyrilRamaphosa) January 27, 2025
“They saw this as a sign of stability and a common commitment among parties to inclusive growth, employment and a capable state. They welcomed the far-reaching reforms that are underway in areas such as energy, logistics, telecommunications and water to grow and transform our economy,” he added.
During the WEF, Ramaphosa presented its priorities ahead of its G20 theme of ‘Solidary, Equality, Sustainable Development.’ He said the G20 Summit would focus on debt relief, poverty reduction, sustainability and harnessing critical minerals to promote inclusive growth and development.
“We stressed that our themes and priorities are underpinned by the principle of cooperation. Throughout history, human progress has been possible only through collaboration among peoples and countries,” he said.
“We therefore renewed our call for the resolution of global challenges through multilateral actions. We called for inclusive solutions that recognise that the world is more interconnected than ever before,” he added.
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Compiled by Matthew Petersen
