Denys Denya, the Africa Export Import Bank (Afreximbank) executive vice-president in charge of finance, administration and banking services, and one of three executive vice-presidents, told Business Report on the sidelines of the 15th BRICS Summit in Johannesburg that this was the first time the bank was attending a BRICS Summit,
The 15th BRICS summit in Johannesburg from August 22 to 24 attracted global interest not seen in many years. Several countries, including Argentina, Nigeria, Iran, Belarus, Saudi Arabia and Indonesia, expressed interest in joining the bloc. South Africa, the smallest economy of the five countries, invited leaders from more than
When considering the BRICS+ grouping from an agricultural perspective, the opportunities for increasing trade and investment from a South African perspective primarily lay in China, India, and the Kingdom of Saudi Arabia, according to Wandile Sihlobo, who chairs the Agribusiness Working Group of the BRICS Business Council (South Africa) and
The skills exchange with other BRICS nations would help South Africa improve its critical skills and benchmarking with other countries, Minister of Higher Education, Science and Innovation Blade Nzimande said Friday. “We look forward to sharing best practices with our BRICS counterparts and being part of the journey to remodel
Finance Minister Enoch Godongwana has vowed that South Africa will champion the basic tenets of the African Continental Free Trade Area (AfCFTA) within the expanded BRICS group of emerging countries. The AfCFTA is the world’s largest free trade area bringing together the 55 countries of the African Union and eight
Dr David Ditlaishego Dube As the global stage prepares to witness the inaugural BRICS Simulation Conference, set against the backdrop of Cape Town, anticipation is rife among the 200-strong international delegation. Scheduled to unfold over five transformative days beginning on April 18, 2024, this conference promises to be a watershed
The Agricultural Business Chamber (Agbiz) has said that while BRICS+ remained a political grouping with no formal trade structure, the bilateral agreements between the BRICS+ countries for increasing trade were encouraging. Agbiz chief economist Wandile Sihlobo yesterday said that South Africa would continue prioritising the widening of agricultural exports in
On May 17th (South Africa), the 23rd “Chinese Bridge” Chinese Proficiency Competition for Foreign College Students-South Africa Finals held successfully in Cape Town. After intense competition, Aluwani Mavhungu from the University of the Western Cape, won the first prize and will represent South Africa in the global finals held in
By Donald MacKay IT’S NOT comforting that American politics is starting to feel like KwaZulu-Natal after Thomas Matthew Crooks shot Donald Trump though the ear on Saturday. He also killed a member of the crowd and inured another before being killed by the Secret Service. The last attempted assassination of
China’s economy grew much slower than expected in the second quarter as a protracted property downturn and job insecurity knocked the wind out of a fragile recovery, keeping alive expectations Beijing will need to unleash even more stimulus. The world’s second-largest economy grew 4.7% in April to June, official data
