South Africa's rand and stocks gained on Friday as investors turned their attention to the final day of the two-day Group of 20 finance meeting, which South Africa, the first African host nation, hopes to conclude with a formal communique.

STORY: Finance chiefs from the Group of 20 countries stressed the importance of central bank independence in a communique issued on Friday after a two-day meeting in South Africa.It was an issue that hung heavily over the meeting following U.

Addressing leaders at the G20 Finance Ministers and Central Bank Governors (FMCBG) meetings, the SARB Governor highlighted the systemic risks posed by the insurance gap.

U.S. Treasury Secretary Scott Bessent did not attend the two-day meeting in the port city of Durban, continuing a string of snubs by Trump administration officials.

Trump Rejects Diplomatic Visa for Ramaphosa's Special Envoy | Firstpost Africa | N18G The ties between South Africa and the US continue to deteriorate. In the latest, the American authorities have denied a diplomatic visa to President Cyril Ramaphosa’s special envoy,

At the G20 meeting in South Africa, finance chiefs emphasized central bank independence amid global economic uncertainty caused by trade tensions and extreme weather. The communique highlighted the need for cooperation and acknowledged the WTO's role in trade,

Finance chiefs of G20 countries expressed optimism for an agreement on a common position on trade and other global challenges on Friday despite U.S. President Donald Trump's tariffs which have overshadowed their meeting,

G20 chair South Africa warned Thursday that abandoning the rules-based global order and declining cooperation could derail 2030 development goals to end hunger, eradicate extreme poverty and fight climate change.