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Gordhan signals progress as Brics bank takes shape

5 hour(s) ago

Institution will be in a position to take on more risk than western institutions such as the World Bank, which should make members more self-reliant

SA signs deals with Russia, Brazil finance institutions

3 hour(s) ago

South Africa’s Industrial Development Corporation signs agreements with partners from Russia and Brazil in Durban

Brics tourists remain ‘untapped market’ for SA

Picture: THINKSTOCK
3 hour(s) ago

Growth in visitors from bloc impressive, but potential numbers much higher, writes Nick Hedley

Transnet may land $5bn loan from China

3 hour(s) ago

The Transnet deal is for the financing of upgrades at rail and port networks

Business warns Zuma on Brics free trade deals

President Jacob Zuma delivers the keynote address at the African National Congress Brics banquet in Umhlanga, KwaZulu-Natal, on Monday night. Picture: GCIS
1 day(s) ago

SA to play gracious host to Brics Summit but local business is wary of big promises

Equitable balance of trade needed between SA, China — Zuma

RED CARPET: President Jacob Zuma, right, with the President of the People's Republic of China, Xi Jinping, left, during a Chinese state visit at the Union Buildings in Pretoria on Tuesday.  Picture: GCIS
18 hour(s) ago

Colonialism disrupted ties but trade on track now, says President Jacob Zuma as he hosts his Chinese counterpart Xi Jinping

Drop ‘giblet rows’ with Brics, says minister

Trade and Industry Minister Rob Davies attends the Brics Business Colloquium in Durban on Monday. Seated next to him is Sekunjalo CEO Iqbal Survé.  Picture: JACOLINE PRINSLOO
1 day(s) ago

Patrice Motsepe and Maite Nkoana-Mashabane speak at ANC Progressive Business Forum seminar in Durban

Developing world ‘cannot duck’ climate change any longer

Picture: THINKSTOCK
1 day(s) ago

Brics states ‘far too timid’ in adoption of pro-poor, renewable energy development, Greenpeace says

Integrated African economies to lift industrial growth, says Davies

Trade and Industry Minister Rob Davies. Picture: TREVOR SAMSON
21 hour(s) ago

Trade and Industry Minister Rob Davies says first step is to expand existing regional communities and create large trading blocs

Renminbi on the rise in Africa, says Tshabalala

Standard Bank CEO Sim Tshabalala.  Picture: FINANCIAL MAIL
1 day(s) ago

Standard Bank joint CEO Sim Tshabalala tells pre-Brics summit discussion Chinese currency is increasingly being used in Sino-African trade, bypassing dollar

Brics bank ‘would help meet Africa’s huge funding needs’

Minister of International Relations and Cooperation Maite Nkoana-Mashabane addresses a Brics Business Colloquium in Durban on Monday. Picture: JACOLINE PRINSLOO
1 day(s) ago

Brics development bank would complement institutions such as World Bank, International Monetary Fund, DBSA CEO Patrick Dlamini says

Opinion

Brics need to deal with the emerging middle class and look beyond

Picture: THINKSTOCK

The Brics may meet some Millennium Development Goals but remain unequal societies

EDITORIAL: Brics bank will be symbolic

In a sense, the concept of a Brics development bank is rooted in ideology rather than practicality
Ron Derby promo

The European Union is anything but a harmonious marriage, writes Ron Derby

Brics cannot be the world’s next European Union

Tony Leon promo

South Africa joining Brics despite its modest economic size is a bit like getting a good seat at a top table in a fashionable elite restaurant, ...

Seat at top table confers a status beyond money

Opinion

Never has so much hope been put in Brics nations

Africa has entered a multi-stakeholder era, and the Brics have a large role to play, writes Børge Brende

Opinion

Brics viewed positively from Moscow

Association seen as an alternative centre of global influence that includes the majority of the world’s population, writes Vladimir Shubin

Brics delegates to ‘add R100m to regional economy’

Durban's beachfront. Picture: SUNDAY TIMES
2 day(s) ago

Expected knock-on effect of Brics Summit is already being felt by hospitality sector in Durban

Vavi wants ‘space’ for trade unions at Brics Summit

The Brics Summit is taking place at the International Convention Centre in Durban. Picture: RAJESH JANTILAL
2 day(s) ago

Cosatu general secretary Zwelinzima Vavi says unions want ‘a space’ at talks in Durban

Time for SA to own its merchant shipping, Brics meeting hears

South African Maritime Safety Authority CEO Tsietsi Mokhele. Picture: FINANCIAL MAIL
2 day(s) ago

Call for development of commercial shipping fleet in SA to be among intended outcomes of Brics engagement

Cosatu general secretary Zwelinzima Vavi. Picture: SUNDAY TIMES

EDITORIAL: Brics not good news for all

The fifth Brics Summit confronts the Congress of South African Trade Union with yet another dilemma of the kind that has been slowly tearing it apart

Five Brics nations are intricately linked through commodities

Picture: THINKSTOCK
2 day(s) ago

The Brics nations have important links via commodity markets and through the production and consumption of raw materials, writes Walter de Wet

Brics Summit expected to establish development bank

Chris Hart, chief economist at Investment Solutions. Picture: FINANCIAL MAIL
5 day(s) ago

Gathering will spearhead emerging-markets group’s aim of reforming global balance of power, writes Mariam Isa

Brics must not become old boys’ club, warns Vavi

Cosatu general secretary Zwelinzima Vavi speaks in Durban on Sunday during a trade-union forum ahead of the Brics Summit. Picture: RAJESH JANTILAL
2 day(s) ago

Cosatu general secretary Zwelinzima Vavi tells trade-union forum that Brics countries should not act like developed nations

Africa’s trade ties with China in spotlight as Xi visits

Chinese President Xi Jinping. Picture: REUTERS
2 day(s) ago

Chinese President Xi Jinping faces growing calls from policymakers and economists in Africa for a more balanced trade relationship

Diplomats positive about Brics Summit

International Relations Minister Maite Nkoana-Mashabane. Picture: TREVOR SAMSON
2 day(s) ago

South African diplomats upbeat ahead of Brics Summit on ways to give developing countries a bigger voice in world politics and improve their economies

Opinion

Russia wants Brics partners to ignore its transgressions

Chinese President Xi Jinping, left, and his Russian counterpart Vladimir Putin, right, attending the opening ceremony of the 'Year of Chinese Tourism in Russia' at the State Kremlin Palace in Moscow last week.

Pretoria should not buy into the idea that for outsiders to promote human rights inside another country is an intolerable infringement on sovereignty, writes Peggy Hicks

Brics ‘to speak with one voice’ to world

Russian President Vladimir Putin. Picture: REUTERS
5 day(s) ago

Countries working on joint declaration on fundamental approaches to pressing international issues, says Russian President Vladimir Putin

NEWS ANALYSIS: South Africa must work harder at regional monetary integration

Picture: REUTERS
8 day(s) ago

Deeper regional integration and development of African supply chains will help SA compete more effectively in global markets, write Lawrence Edwards and Mark Ellyne

Think-tanks ‘to guide Brics interaction with Africa’

International Relations and Co-operation Minister Maite Nkoana-Mashabane. Picture: DIRCO
11 day(s) ago

International Relations and Co-operation Minister Maite Nkoana-Mashabane says ‘shift in government thinking’ needed to drive SA’s agenda in Brics and benefit Africa

SA nominates top businessmen to join Brics Business Council

Patrice Motsepe, executive chairman of African Rainbow Minerals. Picture: ARNOLD PRONTO
20 day(s) ago

Council will aim to strengthen economic ties, trade and investment between Brics business communities, South Africa’s Department of Trade and Industry says

Opinion

Brics at risk of crumbling under weight of individual agendas

Whatever the goal of the Brics Development Bank, it must be identified and its risks addressed if the Brics are to make real progress

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