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The BRICS Post

The BRICS Post - 2019-08-11 - Original post - cached version

The municipal government of Jiangsu Province in eastern China announced today that it had reached an agreement with the US-based Ford Motor company to establish a research and development (R&D) center in the capital Nanjing.

In addition to the R&D center, Ford will also set up a...

The BRICS Post - 2019-08-11 - Original post - cached version

“One small step for Minergy, one giant leap for Botswana’s coal industry,” says Minergy CEO Morne du Plessis.


A Minergy pit in the country’s southeast. Botswana is entering the coal market in a big way, analysts predict [...

The BRICS Post - 2019-07-22 - Original post - cached version


Indian Prime Minister Narendra Modi called the launch of the moon lander a source of national pride [ISRO]

Just two days after the world celebrated the 50th anniversary of humans first setting foot on the moon, India...

The BRICS Post - 2019-07-12 - Original post - cached version


With a range of 400 kilometers, S-400 Triumf is designed to shield from air strikes, strategic, cruise, tactical and operating tactical ballistic missiles and medium-range ballistic missiles [Russian MoD]

In a move that...

The BRICS Post - 2019-06-29 - Original post - cached version


The BRICS leader agreed that global trade and cooperation is threatened by protectionist measures [PPIO]

Leaders of the BRICS nations – Brazil, Russia, India, China, and South Africa – met ahead of the G20 summit in...

The BRICS Post - 2019-06-25 - Original post - cached version

Ramaphosa sets five goals to be achieved in next decade


Ramaphosa announced that R230 billion in fiscal support would be directed to debt-laden power utility Eskom over the coming ten years [GCIS]

South African...

The BRICS Post - 2019-06-06 - Original post - cached version

Domestic final demand, which excludes the change in inventories and foreign trade, is more stable

The South African economy, if measured from the expenditure side, swung from a 1.6% quarter-on-quarter (q/q) seasonally adjusted annualized (saa) expansion in the fourth quarter 2018...

The BRICS Post - 2019-06-02 - Original post - cached version

Streamlined cabinet aimed at reviving economic growth 

Economists welcomed the new South African cabinet with cautious optimism as the mood has swung from “Ramaphoria” in December 2017, when Cyril Ramaphosa won the leadership of the African National Congress, to “Cystopia” in mid-...

The BRICS Post - 2019-05-13 - Original post - cached version

But down on 2014 national elections


A record 26.8 million South Africans were registered to vote in this election, but there were a further 7 million who were eligible to vote, but did not register [PREUSS]

The...

The BRICS Post - 2019-05-06 - Original post - cached version

Indaba was shifted one week earlier due to May 8 election


“This industry must be positioned as a key empowering sector of the economy whose
power we should unleash and use to change the lives of people in our urban...

The BRICS Post - 2019-04-30 - Original post - cached version

The 30-member body will guide government policy


Ramaphosa wants the commission members to be from different sectors of society and reflect a balance in gender, youth, labour and business [PPIO]

The euphoria that...

The BRICS Post - 2019-04-25 - Original post - cached version

If China builds it, will they still come?

If China builds it, they will likely come, but with conditions … it, being the Silk Road economic initiative, and they, being countries of the European heartland.


Russia...

The BRICS Post - 2019-04-11 - Original post - cached version


Michel Temer entered the presidency vowing to slash spending but he ended his presidency having failed to push pension reforms through Brazil’s Congress [PPIO]

Despite severe criticism in Brazil against the...

The BRICS Post - 2019-04-02 - Original post - cached version


Indian Prime Minister Narendra Modi with Russian President Vladimir Putin at a bilateral summit in Goa, India on 15 October 2016 [PPIO]

Russian Deputy Foreign Minister Sergei Ryabkov received Foreign Secretary of India...

The BRICS Post - 2019-03-29 - Original post - cached version

Russia has dismissed US warnings for countries to stop supporting Venezuelan President Nicolas Maduro.


Maduro visited Russia and met with Putin in December 2018 [PPIO]

On Friday, US National Security Adviser John...

The BRICS Post - 2019-03-23 - Original post - cached version


Chinese President Xi Jinping has been seeking to expand the number of countries joining the Silk Road [Archive]

China has hailed the beginning of a new era in ties with Italy following President Xi Jinping’s visit to...

The BRICS Post - 2019-03-15 - Original post - cached version


A screen grab of the entrance to one of the mosques from the livestream’s first few seconds of the Christchurch, NZ massacre of Muslims

 
The mass murder of Muslims in two Christchurch, New Zealand mosques today...

The BRICS Post - 2019-03-12 - Original post - cached version


Russian and Chinese Presidents Vladimir Putin and Xi Jinping at the Kremlin, Russia on 4 July 2017. The Silk Road runs through parts of the Commonwealth of Independent States (CIS) and aligns with Russia’s strategic interests [...

The BRICS Post - 2019-03-08 - Original post - cached version


Russian President Vladimir Putin and Chinese President Xi Jinping in Beijing on 14 May 2017 [PPIO]

Chinese Foreign Minister Wang Yi has confirmed that President Xi Jinping will visit Russia and meet President Vladimir...

The BRICS Post - 2019-03-06 - Original post - cached version

Final sales grew 10.7 per cent in fourth quarter as net exports add 8.7 percentage points to GDP growth

The South African economy reaped the benefits of a weaker rand as real final sales, which is gross domestic product (GDP) less the change in inventories, grew by 10.7 per cent...

The BRICS Post - 2019-03-01 - Original post - cached version

With a range of 400 kilometers, S-400 Triumf is designed to shield from air strikes, strategic, cruise, tactical and operating tactical ballistic missiles and medium-range ballistic missiles [Russian MoD]

 

Turkish media...

The BRICS Post - 2019-02-22 - Original post - cached version

Will a possible trade agreement with China boost global markets?

 
With less than a week to go before the deadline for China and the US to avert an escalation in their ongoing trade disputes, negotiators from both sides...

The BRICS Post - 2019-02-21 - Original post - cached version

“This is a Budget that plants a seed for renewal and growth.” Tito Mboweni


Should Ramaphosa establish a Growth Commission? [GCIS]

In his maiden budget in February 2019, Tito Titus Mboweni, the current Minister of...

The BRICS Post - 2019-02-15 - Original post - cached version


The presidents of Iran, Russia and Turkey have met several times in a bid to preserve Syrian sovereignty [PPIO]

The leaders of Iran, Russia and Turkey have signed a 17-point final communique outlining their trilateral...

The BRICS Post - 2019-02-11 - Original post - cached version

Greater regulatory certainty has unleashed the “animal spirits”.


An example of this move from inaction to action is the decision by diamond mining giant De Beers to restart exploration after a two year hiatus, caused by the unilateral imposition by the South African government of...

The BRICS Post - 2019-02-04 - Original post - cached version

Exxaro will spend R20bn to expand coal production by 19.8 Mtpa


Courtesy of Exxaro

Exxaro executive head of coal Dr Nombasa Tsengwa told the 14th Annual Southern African Coal Conference that Exxaro will be spending R20bn...

The BRICS Post - 2019-02-01 - Original post - cached version


The Prime Minister Narendra Modi delivering his keynote speech, at the plenary session of the World Economic Forum, in Davos on January 23, 2018 [PMO, India]

India’s National Sample Survey Office (NSSO) has not yet been...

The BRICS Post - 2019-01-27 - Original post - cached version

With only weeks to go to Brexit’s target date, there is deadlock in the British parliament, recriminations on both sides, and, writes Russell Merryman, a growing realisation that what was promised might be impossible to deliver.


...
The BRICS Post - 2019-01-25 - Original post - cached version

Provincial rates show large dispersion between 5.3 per cent and 3.6 per cent


Inflation rates were highest in areas of South Africa most affected by years of drought [PREUSS]

The annual average South African...

The BRICS Post - 2019-01-18 - Original post - cached version

US stocks appear to have erased the December doldrums on news of a possible trade agreement with China

Investors appear to have welcomed a report which says that the US is considering at least a partial lift of tariffs on...

The BRICS Post - 2019-01-07 - Original post - cached version


Indian Prime Minister Modi and Russian President Putin shake hands before a bilateral meet in Xiamen, China on 4 September 2017 [PPIO]

Russian President Vladimir Putin has extended an invitation to India’s Prime Minister Narendra Modi to attend the...

The BRICS Post - 2019-01-07 - Original post - cached version

Both President Donald Trump and Chinese President Xi Jinping have signaled they are willing to reach a deal to resolve trade conflict

Two days of trade talks between China and the US kicked off in Bejing on Monday as both sides sought to narrow the divide...

The BRICS Post - 2018-12-31 - Original post - cached version


China has warned the US not to adapt protectionist measures to global trade [Image: Archives]

Chinese industrial profits have dropped for the first time in three years, according to the National Bureau of Statistics (NBS).

The NBS also said...

The BRICS Post - 2018-12-24 - Original post - cached version

Deals worth $32.6 billion announced


After the success of the IATF, Egypt will next host a meeting with BRICS countries [PREUSS]

 
The inaugural Intra-Africa Trade Fair (IATF) held in Cairo from 11 to 17 December exceeded the targets set by the...

The BRICS Post - 2018-12-19 - Original post - cached version

South African Trade Minister Rob Davies punts Intra-Africa Trade


Cairo, Egypt hosted the first-ever Intra-African Trade Fair (IATF) from December 11 to 17, 2018 [PREUSS]

The prospect of accessing a market of 1.2 billion people with a consumer...

The BRICS Post - 2018-12-13 - Original post - cached version


Meng is also Deputy Chairwoman of the Board at Huawei [Huawei]

The Chinese Foreign Ministry on Thursday said that it had taken “coercive measures against two Canadians on suspicion of jeopardizing China’s national security.

The statement came...

The BRICS Post - 2018-12-11 - Original post - cached version

As leaders from all around the world gathered to commemorate the 100th anniversary of the end of a war meant to end all wars, the aftermath of the bloody conflict nevertheless continue to resonate in many parts of the globe today.

Author and researcher Hanief Haider traces some of the...

The BRICS Post - 2018-12-07 - Original post - cached version

Actual quarterly growth rate was 2.2% versus consensus forecast of 1.6 per cent, while annual growth was 1.1% versus consensus forecast of 0.5 per cent


The National Treasury building in Pretoria [PREUSS]

The Gross Domestic Product (GDP) data...

The BRICS Post - 2018-12-02 - Original post - cached version


US President Donald Trump said the G20 Summit was a success for America’s interests [PPIO]

World markets on Sunday may have sighed some relief after news emerged from the G20 Summit in Buenos Aires that China and the US had agreed to put the breaks...

The BRICS Post - 2018-11-26 - Original post - cached version


The Russian Navy had just concluded a series of naval drills in the Black Sea [Russian MoD]

Russia says that it has detained in the Black Seathe three Ukrainian naval vesses which illegaly breached its maritime border late Sunday.

The Russian...

The BRICS Post - 2018-11-22 - Original post - cached version

Officials on both sides of the Pacific are hoping to tone down trade war rhetoric before the two presidents meet at the G20 Summit in Buenos Aires, Argentina next week

 
China on Thursday fired off a fresh volley of complaints against recent US...

The BRICS Post - 2018-11-19 - Original post - cached version


Iran’s President Hassan Rouhani (left) has told India’s Prime Minister Narendra Modi that the two countries are strategic partners [Image: BRICS2015]

Economic and strategic partners India and Iran are exploring ways to continue their relationship in...

The BRICS Post - 2018-11-15 - Original post - cached version


Jair Bolsonaro, right, the president-elect meets with outgoing President Michel Temer [Brazil Gov]

Brazilian President-elect Jair Bolsonaro has suffered his first defeat since winning the second round of the national elections last month, and...

The BRICS Post - 2018-11-14 - Original post - cached version


Russian President Vladimir Putin says it is dangerous to abandon the treaty and has called for military experts to discuss agreement [PPIO]

Russian President Vladimir Putin has told local media that he is hoping to resume negotiations on the 1987...

The BRICS Post - 2018-11-01 - Original post - cached version


With BRICS espousing multilateralism, a number of African and Asian leaders were invited to Johannesburg [PPIO]

The World Bank Group’s Doing Business report noted that the BRICS economies, Brazil, the Russian Federation, India, China and South...

The BRICS Post - 2018-10-30 - Original post - cached version

In his maiden Medium Term Budget Policy Statement (MTBPS), Finance Minister Tito Mboweni started his speech with a quote from Charles Dickens’ “A Tale of Two Cities”.


The MTBPS is a central part of fiscal planning and is designed to outline how South Africa...

The BRICS Post - 2018-10-23 - Original post - cached version


Bolton met with Putin in Moscow on October 22 and explained the US reasons to withdraw from the nuclear missile treaty [PPIO]

Russian President Vladimir Putin has told US National Security Advisor John Bolton in Moscow that a meeting with President...

The BRICS Post - 2018-10-20 - Original post - cached version


There is consensus that Assad’s government would not have likely survived the Islamist extremist attacks had Russia not intervened politically and militarily [PPIO]

Russian Defense Minister Sergey Shoigu told the press Saturday that his country’s...

The BRICS Post - 2018-10-15 - Original post - cached version

Indonesian President Joko “Jokowi” Widodo urged the 189 members of the International Monetary Fund to work together to avoid a global economic calamity


IMF Chief Christine Lagarde acknowledged the global imbalances caused by trade and that these may...

The BRICS Post - 2018-10-10 - Original post - cached version


Tito Mboweni is being seen as the comeback kid in South Africa [Courtesy: Ministry of Finance]

When Tito Titus Mboweni was announced as the future Governor of the South African Reserve Bank (SARB) in July 1998, South Africa’s financial markets...

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