South Africa’s National Treasury, led by Finance Minister Enoch Godongwana, played a prominent role at the 2026 World Economic Forum (WEF) Annual Meeting in Davos, Switzerland, from 19–23 January 2026, using the global stage to highlight the country’s economic reform achievements and growing investment potential.
Under the forum theme “A Spirit of Dialogue,” Team South Africa, comprising Cabinet ministers, industry leaders, and senior government officials, engaged with global investors, potential partners, and international organisations to underscore the progress made since the previous year. According to the National Treasury, this was not merely a reiteration of plans but a presentation of measurable results.
Minister Godongwana emphasised that South Africa returned to Davos “not with promises, but with real successes,” drawing attention to key milestones such as the nation’s removal from the Financial Action Task Force (FATF) greylist, an upgrade of its sovereign credit rating by S&P Global, and structural reforms under Operation Vulindlela that have stabilised the electricity supply and improved logistics infrastructure. These achievements, the Treasury said, signal stronger macroeconomic stability and enhanced investor confidence.
In engagements and panel discussions, the delegation highlighted the government’s commitment to stabilising public debt within the current fiscal year, lowering the inflation target to ease costs across the economy, and providing consistent policy execution - all designed to create an environment more attractive to both local and international capital.
A Davos press conference also provided a platform for Team South Africa to reflect on its 2025 G20 Presidency, a milestone that culminated in a historic G20 Leaders’ Declaration and reinforced South Africa’s role in global economic cooperation.
Through strategic dialogue, high-level meetings and investment-focused showcases, the Treasury affirmed South Africa’s commitment to structural reform, macroeconomic credibility and inclusive growth - key messages aimed at sustaining momentum and broadening global partnerships in 2026 and beyond.