Business 20 (B20)
About B20 South Africa
The Business 20 (B20) is the official G20 dialogue forum with the global business community. Since its establishment in 2010, it has become one of the most influential G20 Engagement Groups, uniting business leaders from across G20 nations to shape policy recommendations on key global economic and trade issues. Under the leadership of Business Unity South Africa (BUSA), B20 South Africa brings together diverse business stakeholders to drive actionable solutions that support inclusive growth.
Guided by the theme “Inclusive Growth and Prosperity through Global Cooperation,” B20 South Africa emphasises the need for collaboration in tackling global challenges and ensuring that the benefits of economic development are widely shared. Through consensus-building and strategic engagement, BUSA is steering the B20 process to ensure that the voice of business is both heard and impactful at the highest levels of global economic governance.
About the G20
The G20, or Group of Twenty, is a premier international forum that brings together 19 countries and the European Union to address critical global economic challenges. It serves as a platform for dialogue and cooperation on key issues such as financial stability, sustainable development, climate change, and global health—promoting inclusive and sustainable growth worldwide. Collectively, G20 members represent around 87% of global GDP, 62% of the world’s population, and over 75% of international trade.
South Africa’s G20 Presidency
South Africa will hold the G20 Presidency from 1 December 2024 to 30 November 2025, guiding the G20’s agenda and hosting the G20 Summit. As President, South Africa will play a pivotal role in shaping global economic policy discussions and fostering collaboration among the world’s leading economies.