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SA to BRICS Business Forum



Pretoria – Business Unity South Africa (BUSA) has confirmed that it will be sending a delegation of over 50 companies to South Africa’s second BRICS Business Forum in New Delhi, India, which kicks off on Wednesday. [Read more…]

Zuma cautions against trade protectionism, currency devaluation

Boao, China – President Jacob Zuma has called on developing and developed countries not to move towards trade protectionism or to significantly devalue their currencies.

“If these occur, it would merely result in a race to the bottom and undermine all G20 efforts to achieve strong, sustainable and balanced growth,” said Zuma, while addressing the opening ceremony of the Boao Forum for Asia Annual Forum Conference 2011 hosted in Boao on Hainan Island. [Read more…]

SA has much to offer Brics

Cape Town – South Africa may be the new kid on the block when it arrives at next week’s Bric summit in China, but the country has much to offer as a gateway to Africa with one of the strongest financial sectors in the world, and with its tradition of independent decision making it’s not likely to be swept aside by the summit’s bigger members, say analysts. [Read more…]