Brics
New Development Bank approves $1bn loan to SA to help recover from COVID
This comes as the country battles record unemployment of around 32.5%.
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Ramaphosa is 'last hope' for SA, Chinese diplomat says
Upgrading South Africa’s antiquated railway network, modernising Durban port and reforming power firm Eskom would also help bring in Chinese money.
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China's Xi: Protectionism is hurting global trade order
Xi added that in such circumstances, the BRICS countries should 'increase our resilience and capability to cope with external risks.'
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China's vast investment in Africa hits a snag in Congo
When the plunge of global oil prices in 2014 blew a hole in the Congolese government's finances, it was China that stepped in to help.
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BRICS bank approves $790m for 3 SA projects
A bank official has told Reuters that $480 million is aimed at Eskom’s Medupi power station.
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Role of BRICS bank questioned as SA hosts annual meeting in CT
The meeting is expected to bring together role-players from around the globe.
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President Ramaphosa in New Delhi to solidify India trade relations
The two nations will solidify these relations further by signing agreements on higher education and training, arts and culture, home affairs, defence and energy among others.
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Ramaphosa wishes Brazil's new president well
Jair Bolsonaro was sworn in as Brazil's 38th president on Tuesday, taking the reins of Latin America’s largest and most populous nation.
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Buenos Aires back to normal following G20 Summit mass riot
The Argentinian capital city hosted the two-day G20 Summit where leaders deliberated on crucial issues like climate change, world trade and tax reform.
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BRICS slam protectionism as China-US spat overshadows G20 talks
This year’s two-day gathering is a major test for the Group of 20 industrialized nations, whose leaders first met in 2008 to help rescue the global economy from the worst financial crisis in seven decades.
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#SAFW: Local designer shares unique range at first Brics showcase
Designer Palesa Mokubung says she had to come up with something she had never done before as an artist.
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Amid US trade war, China's Xi reiterates reform commitment
Economists estimate that every $100 billion of imports hit by tariffs would reduce global trade by around 0.5%.
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[OPINION] There’s a new player in modern scramble for Africa
Having infamously scrambled for the continent 120 years ago, Western leaders are today seeking to dance here, writes Jean-Jacques Cornish.
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China-Africa summit to target investment despite debt worries
At the last three-yearly gathering in Johannesburg in 2015, Xi announced $60 billion of assistance and loans for Africa.
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[OPINION] BRICS summit: Important small steps, but little to show on big issues
The Johannesburg BRICS summit delivered a mixed bag when judged on these two criteria.
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[OPINION] The increasing asymmetry of BRICS
Jean-Jacques Cornish says strictly speaking, today BRICS encompasses China, India and the worst performing three emerging economies on earth.
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BRICS emerging economies reaffirm support for multilateral trade under WTO rules
Brazil, Russia, India, China and South Africa agreed at the three-day meeting to fight unilateralism and protectionism.
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Ramaphosa: Technological advances can bring new ways of service delivery
President Cyril Ramaphosa initiated the remarks, he says the economic development of all BRICS countries have been affected by technological advancements.
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Putin hopes for closer ties between BRICS nations in digital economy
He's told the gathering that the fourth industrial revolution affects all developing nations and the task now is to stimulate investment.
