Dr Nik Eberl is the Founder & Executive Chair: The Future of Jobs Summit™ (Official T20 Side Event) .He will be writing a regular column in Business Report.
Image: Supplied
As South Africa is gearing up to host the world’s leaders at the G20 Plenary Summit in November 2025, one question looms large – how can we leverage the world’s attention to boost job creation and grow the economy inclusively?
There are many lessons to be applied in leveraging the G20 presidency for job creation - in particular India’s 2023 hosting offers a compelling job creation blueprint for South Africa. By focusing on infrastructure, tourism, foreign investment, SME development, and workforce upskilling, India created over one million jobs before, during, and after the summit. South Africa can replicate and refine this model to leave a lasting economic impact.
Here's how South Africa can maximize the G20 opportunity for job creation.
1. Infrastructure Development: A Boom for Construction and Urban Jobs
Hosting the G20 required significant investments in infrastructure across major cities, including New Delhi, Mumbai, Bangalore, and Varanasi. The Indian government fast-tracked projects such as:
Job Creation Impact:
Long-Term Impact:
Many of these infrastructure developments continue to benefit the economy, boosting real estate values and improving urban living standards.
South Africa’s Job Creation Opportunity
Hosting the G20 provides a strong business case for accelerating infrastructure projects that will create thousands of jobs in:
By aligning G20 investments with South Africa’s infrastructure development plan, we can create sustainable jobs at scale and boost investor confidence.
2. Foreign Direct Investment (FDI)
India strategically positioned the G20 Summit as an opportunity to attract foreign direct investment (FDI) and expand corporate presence in key industries. The government:
Job Creation Impact
Long-Term Impact:
The influx of foreign investment strengthened India’s industrial base, creating sustainable employment in automobile manufacturing, renewable energy, and artificial intelligence (AI).
South Africa’s FDI Opportunity
The G20 is a powerful platform to attract investors in:
Job Impact: If South Africa secures just $10 billion (R175bn) in new investments, it could create 50 000+ direct and indirect jobs across these sectors.
3. Empowering Local Businesses & SMEs
To ensure that small businesses benefited from G20 spending, the Indian government implemented a "Vocal for Local" procurement strategy. This included:
Job Creation Impact
Long-Term Impact: The G20 reinforced India's Make in India initiative, positioning local businesses for continued export growth and job sustainability.
South Africa’s SME Opportunity
The G20 should be structured to benefit township businesses, informal traders, and local SMEs through:
Job Impact: If even 20% of G20 spending goes to SMEs, this could create tens of thousands of jobs in the informal and small business sector.
Final Thoughts: The G20 as a Job Creation Catalyst for South Africa
India's G20 presidency was not just a diplomatic success - it was an economic and employment driver. By focusing on infrastructure, tourism, investment, small businesses, and workforce upskilling, India created over one million jobs during and after the summit.
With high unemployment and global economic shifts, South Africa must think big and act strategically. The G20 presidency is a once-in-a-generation opportunity to create jobs, attract investment, and position South Africa as a leader in Africa’s economic future.
Dr Nik Eberl is the Founder & Executive Chair: The Future of Jobs Summit™ (Official T20 Side Event) and author of Nation of Champions: How South Africa won the World Cup of Destination Branding
BUSINESS REPORT