Latest News

Appointment of Mr Monale Ratsoma as NDB Director-General

10 April, 2018

National Treasury’s Deputy Director-General (DDG) for Economic Policy, Mr Monale Ratsoma, has been appointed the Director-General of the BRICS New Development Bank (NDB) Africa Regional Centre(ARC). The appointment is effective from 16 April 2018.

Source: http://www.treasury.gov.za

BRICS agrees to strengthen cooperation

19 April, 2018

BRICS member countries have agreed to strengthen cooperation and mutual assistance to facilitate trade between bloc countries and other developing countries.

BRICS (Brazil, Russia, India, China and South Africa) customs administrations are in Durban for the 10th Annual BRICS Customs Experts Technical Working Group hosted by the South African Revenue Service (SARS).

Source: https://www.sanews.gov.za/south-africa/brics-agrees-strengthen-cooperation

BRICS has to lay solid foundations

17 April, 2018

The Brics began as Bric - Brazil, Russia, India and China - in 2001 on the margins of a debate at the UN General Assembly. South Africa joined in 2010, at which point it became Brics. The project now covered five continents and had a real shot at changing global power relations.

Source: https://www.iol.co.za/pretoria-news/brics-has-to-lay-solid-foundations-14487679

SA appoints head of regional BRICS bank

10 April, 2018

Cape Town - National Treasury on Tuesday announced it has appointed the head of the BRICS New Development Bank for the African Regional Centre.

Monale Ratsoma, deputy director general of Treasury’s economic policy department, will lead the regional arm of the bank. His appointment is with effect from April 16, Treasury said in a statement.

Source: https://www.fin24.com/Economy/just-in-sa-appoints-head-of-regional-brics-bank...

SARS to host BRICS tax authorities

12 April, 2018

The South African Revenue Service (SARS) will host the BRICS heads customs authority meeting in Durban next week.

Source: http://townpress.co.za/live/2018/04/sars-to-host-brics-tax-authorities/

BRICS nations join forces to address common problems using advanced computing

12 April, 2018

The BRICS (Brazil, Russia, India, China, South Africa) nations will soon launch mega projects in various fields of environment conservation, disaster management, cyber crime, precision medicine, all of which will be handled using advanced computational capabilities.

An announcement to this effect was made during a three-day meet of BRICS representatives in city here last evening.

Source: http://www.uniindia.com/brics-nations-join-forces-to-address-common-problems-...

BRICS to prioritise Digital Economy - SURVÉ

4 April, 2018

JOHANNESBURG - BRICS countries - led by South Africa - are going to prioritise the digital economy in the development of cheaper, quicker and faster digital and mobile technology.

BRICS compromises five major emerging national economies - Brazil, Russia, India, China and South Africa.

Source: https://www.iol.co.za/business-report/economy/brics-to-prioritise-digital-eco...

Opinion: New Economic World Order is emerging - and BRICS will be at the centre of it

26 April, 2018

JOHANNESBURG - The rise and rise of the Brics bloc is a definite indication of the new emerging world order, one that is both political and economic in nature and is a reflection of the global power shift and realities of the twenty-first century.

Source: https://www.iol.co.za/business-report/opinion/opinion-new-economic-world-orde...

President Ramaphosa aims for stronger BRICS

25 April, 2018

President Cyril Ramaphosa says he is looking forward to strengthening relations between South Africa and other members of the BRICS countries.

The President emphasised the importance of South Africa’s relations with members of the BRICS countries during his engagements with the governments of the People’s Republic of China and the Russian Federation.

Source: https://www.sanews.gov.za/south-africa/president-ramaphosa-aims-stronger-brics

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