In The News South Africa

ANC lauds launch of BRICS Bank

JOHANNESBURG, August 18 – The African National Congress (ANC) on Friday said it “welcomes” the launch of the Africa Regional Centre of the New Development Bank – also known as the BRICS Bank.   The entity was launched by President Jacob Zuma at a ceremony in Sandton on Thursday.   “The ANC views South Africa’s […]

Africa Business In The News

Brics industry ministers adopt action plan to deepen industrial co-operation

HANGZHOU, July 30 – The second meeting of Brics (Brazil, Russia, India, China, South Africa) industry ministers held in Hangzhou in China has adopted a seven-point “action plan” on deepening industrial co-operation among Brics countries, the trade and industry department (dti) said on Sunday. The action plan stated that the world economy was still in […]

Africa In The News

SA joins BRICS space programme

PRETORIA, JULY 4 – South Africa has joined a BRICS space programme, the first substantive project in the field of space cooperation between the BRICS member countries. A statement from the South African National Space Agency (Sansa) on Tuesday said that the country had joined the the Brazilian Space Agency (AEB), the State Space Corporation […]

In The News International

‘Europeans will be dependent on China and Russia if EU breaks apart’

MOSCOW, January 31 (Sputnik) – “Assertive and spectacular” steps need to be taken prevent the disintegration of the European Union, as it could lead to member states’ dependence on Russia, China and the United States, European Council President Donald Tusk said Tuesday. “It must be made crystal clear that the disintegration of the European Union […]