President Cyril Ramaphosa yesterday called on BRICS countries to come up with policies that would support local industries - particularly small, medium and macro enterprises - in the face of protectionism led by the the world’s biggest economy, the US.Source: BUSINESS REPORT
South Africa is hosting the 10th annual summit of the BRICS (Brazil, Russian, India, China and South Africa) bloc in Johannesburg from 25-27 July 2018.Source: Business
JOHANNESBURG - Marius Oosthuizen, Gordon Institute of Business Science, discussed five things we should know about BRICS funding, saying these deals mean South Africa will be forced to be a partner with China for a very long time.
He says BRICS loans come with Chinese strings attached. However, this can be good for South Africa if managed well.Source: Eyewitness News | EWN
The priorities and themes of the 10th BRICS Summit, ranging from peacekeeping to collaboration around the 4th Industrial Revolution, provide a number of issues that summit leaders say they want to pursue.Source: Quartz — News, videos, ideas, and obsessions from the new global economy
JOHANNESBURG - The second day of the Brics Summit 2018 got off to a smooth start with President Cyril Ramaphosa delivering an address to the delegates present at the summit.
Ramaphosa was joined by the Brics heads of government as well to deliver their addresses.Source: Business Report
The leaders of Brazil, Russia, India, China and SA — the five Brics nations — have agreed to a proposal by Russian President Vladimir Putin that co-operation be extended at people-to-people level to promote co-operation and make the community more inclusive.Source: Business Day
JOHANNESBURG – BRICS leaders are on Thursday morning locked in a closed session where formal talks will take place.
Russian President Vladimir Putin was the last head of state to arrive for the summit this morning.
The five heads of state from the BRICS nations smiled and held hands as they posed for a group photo before formal talks began.Source: Eyewitness News | EWN
Trade wars should be rejected because there will be “no winner” from them, Chinese President Xi Jinping said.Source: Bloomberg
The Inter-Ministerial Committee on the BRICS Summit, represented by its Chairperson, Minister of International Relations and Cooperation Lindiwe Sisulu and Co-Chairperson, Minister of Higher Education Naledi Pandor, are about to address members of the press on South Africa's state of readiness to host the 10th BRICS Summit, scheduled for 25 to 27 July 2018 at the Sandton Convention Centre.Source: SABC Digital News
The 10th Brics Summit, to be held in Johannesburg this week, will not be a mere talkshop, according to South Africa’s Brics ambassador, Anil Sooklal.
The summit is set to be a turning point in the targeted developmental sector of its member economies, and its impressive implementation rate bodes well for regional economies.Source: Fin24