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‘Latin America, Asia and Europe want to become members of Brics’ – SA ambassador

By: News24Wire      Updated 4 hours ago The Brics group of nations is solidifying its influence as even European countries now want to join the ever-expanding global formation. According... 

Russian President Vladimir Putin

Putin arrest warrant prompts South Africa to weigh moving Brics Summit 

By: Bloomberg     Updated 5 hours ago South Africa is considering switching the venue of an upcoming summit of Brics leaders to another country, according to people familiar with the... 

President Cyril Ramaphosa in attendance at a meeting between the Brics leaders

Brics seize chance to counter US with expansion, common currency

By: Bloomberg     1st June 2023 The Brics group of emerging markets is ramping up its bid for greater global influence, sensing a moment to capitalize on the splintering world... 

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President Cyril Ramaphosa

Ramaphosa deploys envoys to explain South Africa’s Russia stance

By: Bloomberg     1st June 2023 South Africa’s president will send four of his cabinet ministers to Group of Seven nations to explain the country’s non-aligned position on... 

New Development Bank president Dilma Rousseff

Brics Bank to expand membership as Saudi Arabia looks to join

By: Bloomberg     30th May 2023 The New Development Bank, the lender created by the Brics group of nations, will widen its membership as it seeks to boost its capital and counter... 

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South Africa paves way for immunity for BRICS Summit attendees

By: Bloomberg     30th May 2023 South Africa’s government will provide diplomatic immunity to attendees of two meetings of officials from the BRICS group of countries scheduled to... 

The South African Reserve Bank's head office

SARB sounds the alarm on threat of sanctions

By: Bloomberg     30th May 2023 The South African Reserve Bank (SARB) has warned of dire consequences should the country face censure due to its stance on Russia’s invasion of... 

World Bank seeks grants, new capital to fight global crises

By: Reuters     23rd May 2023 The World Bank will press for more grants and new capital from member countries, even as it leverages its balance sheet to scale up lending for... 

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