“South Africa does not do boring”: World Economic Forum participant
“We must ensure that our citizens are prepared, and, if necessary, that they are shielded from any adverse consequences. Our response must be collaborative, multi-sectoral and inclusive,” Ramaphosa noted [PREUSS]
The public have until September 15 to comment
The National Treasury building in Pretoria [PREUSS]
The National Treasury’s growth strategy entitled ‘Economic Transformation, Inclusive Growth and Competitiveness Plan’ should encourage policy debate, but implementation is key according to economists.
Intellidex’s head of capital markets research Peter Attard Montalto said the plan had already caused quite a stir amongst political and policy circles.
Despite their differences over Syria, Russia and Turkey are cementing closer ties built on a boost in trade and advanced weapons deals.
Putin and Erdogan discuss arms sales at the nternational Aviation and Space Salon (MAKS) aviation exhibition in Moscow, August 27, 2019 [PPIO]
During a joint press conference on the sidelines of the International Aviation and Space Salon (MAKS) aviation exhibition highlighting advanced Russian fighters in Moscow, Turkish President Recep Tayyip Erdogan and President Vladimir Putin said they would expand their military ties.
File photo of Iranian President Hassan Rouhani (2nd from right) with his Russian counterpart Vladimir Putin in Sochi, Russia, and Foreign Minister Zarif (3rd from left) [PPIO]
Iranian Foreign Minister Mohammad Javad Zarif has told Russian media that his country is ready to re-comply with the 2015 nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA), if Europe fulfills its part of the agreement.
His comments came amid a diplomatic tour to assuage fears among neighbors of Iran’s nuclear program and convince European powers that the JCPOA can be salvaged.
The BRICS New Development Bank is also rated AA+ by Fitch and S&P Ratings
The first president of the New Development Bank K. V. Kamath speaks at the 2nd annual meet of the new lender in New Delhi in April 2017. In 2018, the NDB approved 17 loans totaling about $4.6 billion, building on its base of 13 loans worth $3.4 billion as of the end of 2017 [Image: BRICS Business Council]
The BRICS New Development Bank (NDB) was assigned a ‘AAA’ foreign currency long-term issuer rating with a stable outlook by Japan Credit Rating Agency, Ltd (JCR) on August 20.
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 China operations center in the same city.
The announcement comes amid further strains in the China-US trade relationship as expectations of a settlement between the two countries fade among market investors.
“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 [PREUSS]
With these words, a paraphrase play on American Astronaut Neil Armstrong’s famous speech at the first Moon landing in July 1969, du Plessis welcomed media representatives to the Botswana Stock Exchange (BSE)-listed Minergy Limited’s 390-million ton Masama Coal Project in the Mmambula Coalfield in the southeast.
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 launched the unmanned Chandrayaan-2 mission to land spacecraft on the surface of Earth’s natural satellite.
The launch was delayed from an initial date last week due to a technical issue, but this has not deterred India and its Space Research Organization (ISRO) from trying to become the fourth nation – after the US, Russia, and China – to land on the moon.
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 is likely to strain relations between Ankara and Washington Turkey today began to receive components of the S-400 advanced Russian anti missile technology.
The transfer of this advanced weaponry from Russia comes after two years of negotiations between the two countries hand despite us threats that Ankara will face sanctions from its erstwhile allies.
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 Osaka, Japan.
This was the first major BRICS meeting for Brazilian President Jair Bolsonaro and South African President Cyril Ramaphosa, who replaced their predecessors since the last BRICS Summit in Johannesburg.
