joseph stiglitzlatest news & developments
The handover of the G20 presidency to the United States will occur on Tuesday at the Department of International Relations offices. (GCIS)

G20 presidency handover to the US set for Tuesday, Dirco director general Zane Dangor says

Dangor said the US argument that if one G20 member was absent from the leaders summit, then there could be no consensus, had been voted down

WTO director general Ngozi Okonjo-Iweala and President Cyril Ramaphosa. (X)

‘World not doing tit for tat with US,’ WTO head says at G20 summit

Director general Ngozi Okonjo-Iweala said South Africa’s G20 presidency highlighted the importance of trade within WTO rules and reforming the system through local mineral beneficiation

The G20 leaders summit was held in South Africa last week. (GCIS)

‘G20 declaration future-proofed, despite US non-participation’, says South Africa’s presidency

Presidency spokesperson Vincent Magwenya said countries understood ‘that there’s a bilateral issue between South Africa and the US, but that must not, in any shape or form, undermine or imperil the work of the G20’

PAPAL SUPPORT: South Africa’s G20 Presidency received the blessings of Pope Leo XiV. Photo: The Vatican Media

How G20 can rise above Trump politics

President Cyril Ramaphosa has cast the annual forum as a test of whether multilateral cooperation still matters

President Cyril Ramaphosa. (Photo: by PresidencyZA)

Ramaphosa links debt reform to global inequality fight

In his weekly newsletter, the president said the G20 must urgently address the fiscal conditions that have left low- and middle-income countries unable to build resilience or recover from shocks

President Cyril Ramaphosa said the uncertainty of the new trading regime had already harmed the country’s economy

Brics leaders call for cooperation in protectionist global environment

President Cyril Ramaphosa said the uncertainty of the new trading regime had already harmed the country’s economy

President Cyril Ramaphosa. (GCIS)

Ramaphosa launches G20 panel to address extreme global inequality

The panel, chaired by Nobel prize-winner economist Joseph Stiglitz, will produce recommendations to help bridge the rich-poor divide

Jacob Zuma’s MK party were the big winners in this year’s elections. (Delwyn Verasamy/M&G)

South African election exposes the pitfalls of neoliberalism

Populist parties have made considerable gains in the wake of the government’s insecurity-inducing economic policies

Covid-19 laid bare the failures of South Africa’s efforts to industrialise, which had remained, at least in theory, a cornerstone of the country’s macroeconomic policy since its transition to democracy. Photo: Kevin Sutherland/Bloomberg/Getty Images

Austerity extinguishes industrial policy revival

South Africa risks falling behind as much of the rest of the world embraces industrialisation to grow and protect economies

Republican presidential candidate and former U.S. President Donald Trump talks to reporters at the International Brotherhood of Teamsters headquarters on January 31, 2024 in Washington, DC. (Photo by Chip Somodevilla/Getty Images)

Economy braces for Trump 2.0

The American presidential hopeful’s world policies make him a bull in a china shop

Photo: Dwayne Senior/Bloomberg via Getty Images

Inflation’s defeat is an empty victory

This year will finally see interest rates fall. But whatever relief the Reserve Bank administers, it will have come too late for some