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Tag: BRICS

Government wrestles control for upgrading water infrastructure away from “distressed” municipalities

Government wrestles control for upgrading water infrastructure away from “distressed” municipalities By Larry Claasen A change to the Revenue Act opens the way for the Municipal...

What does South Africa stand to gain from an expanded BRICS?

By Hannah de Nobrega, Quantitative Analyst at Prescient Investment Management It is difficult to assess what an expanded Brazil, Russia, India, China, and South Africa...

Roodt’s crystal ball – BRICS and Ukraine

By Sue Segar, Associate Editor ECONOMIST Dawie Roodt has voiced alarm about the inclusion of three countries out of the six which were invited to...

BRICS: Six new countries join the bloc

The much-anticipated expansion of the BRICS (Brazil, Russia, India, China and South Africa) bloc has gained momentum with the current members having collectively decided...

South Africa to get around $790 million in loans from BRICS Bank

A development bank set up by the BRICS group of emerging economies has approved around $790 million of loans for three projects in South...

BRICS New Development Bank to issue bonds in South Africa

The BRICS New Development Bank will issue bonds in South Africa and commercial paper in US dollars in the first half of 2019, the bank's President K.V. Kamathsaid on Wednesday. "Most of...

‘We won’t let us be bullied by the US’ – Ramaphosa

President Cyril Ramaphosa, addressing the media after the BRICS Summit ended on Friday, said South Africa would not be bullied into stopping doing business...

BRICS New Development Bank confirms appointment of South Africa’s representatives

The BRICS New Development Bank (NDB) has confirmed that Mr Dondo Mogajane, Director-General of the National Treasury has been appointed as the new Director...

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