The New Development Bank established by the five BRICS nations will play an important role in stitching together sub-Saharan African countries into one economic community. The World Bank estimates that sub-Saharan Africa requires US$93 billion per...
The National Treasury has described the newly established BRICS New Development Bank and the Contingent Reserve Arrangement as a significant milestone for developing countries. President Jacob Zuma has even hailed the establishment of the bank “an...
The headquarters of the BRICS New Development Bank (NDB) will be located in Shanghai. This decision was made at the sixth BRICS Summit currently underway in Brazil. The bank’s Africa Regional Centre will be established in Johannesburg, South Africa...
South Africa has indicated its willingness and desire to offer Johannesburg as a host for the BRICS Development Bank. Trade and Industry Minister Rob Davies told the media it would be an advantage if the BRICS Development Bank was to be located in...
Infrastructure development is both a defining challenge and a standout investment opportunity for Africa and investors around the world. Africa’s future depends on the continent’s policy makers doing the right thing. That is working to create...
Science and Technology Minister Derek Hanekom says South Africa is committed to building stronger cooperation in science, technology and innovation with the BRICS member states. Speaking recently at the opening of the first BRICS [Brazil, Russia,...
By Dr Dinesh Kumar Though South Africa enjoys the limelight among developing nations, and it is part of the Brazil, Russia, India, China and South Africa (BRICS) focus group, it still experiences challenges with its local and Africa supply chain....
Commercial vehicle sector in the spotlight The 2013 Johannesburg Truck and Bus Show takes place from 16 to 27 October and co-locates with the Johannesburg International Motor Show. The show features product updates and new product launches in the...
A visit to the Johannesburg Truck and Bus Show will provide commercial vehicle sector fleet owners and operators a one-stop shop to view the latest vehicle models, trailers, technology and developments. The 2013 Johannesburg Truck and Bus Show...
