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South Africa’s membership of BRICS presents economic opportunities for our development, as well as the rest of the African continent.
We gather top experts to unpack South Africa’s membership of BRICS with focus on economic opportunities for our own development.
Health minister Joe Phaahla says that the discovery of the new B.1.1.529 Covid variant is still ‘very fresh news’ and has caught the government by surprise.
The New Development Bank approved a $1bn emergency loan for SA to support govt efforts to contain the economic impact of the Covid-19 pandemic.
A bank established by Brazil, Russia, India, China and South Africa is providing an emergency assistance loan of US$1bn to South Africa to fight Covid-19.
Cyril Ramaphosa has used this window to advantage. Helped, by his office being in daily contact with China’s top scientists, the world’s experts on Covid-19.
Whomever advised Zuma on how to handle himself when providing testimony to the Zondo Commission Inquiry in to State Capture needs their head read.
The New Development Bank plans to lend as much as $600 million more in South Africa this year in an effort to spread funding more evenly across its five member states.
National Treasury director general Dondo Mogajane has replaced former Reserve Bank governor Tito Mboweni as a non-executive director of the BRICS Bank.
SA’s downgrade after the nation’s finance minister was fired means three of the five BRICS nations now have junk credit assessments at S&P Global Ratings.