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G20 looks at how to boost small businesses globally

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By Simon Nare

Small Business Development Minister Stella Ndabeni has committed South Africa to use the G20 presidency to ensure local realities, including township and rural dynamics, are better reflected in global policy discourse.

Launching the inaugural Startup30 Engagement Group in Boksburg outside Johannesburg, Ndabeni said on Wednesday that the country would position itself during the G20 presidency to support the continent’s startup and micro, small and medium enterprises.

Startup30 is a G20 initiative, which was conceived during India’s presidency in 2023, as a global platform where startups and MSME ecosystem stakeholders can engage directly with G20 leaders to raise key challenges, macroeconomic concerns faced by entrepreneurs and explore opportunities.

Ndabeni said South Africa’s G20 presidency came at a difficult time due to global volatility, fragmenting global supply chains and shifts towards unilateralism and protectionism.

She said the country was up to the challenge and would champion developmental issues of

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