Motsepe to head Brics council

2013-03-27 08:34

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

South African billionaire Patrice Motsepe has been appointed chairman of the newly-formed Brics Business Council.

The Black Management Forum welcomed the appointment, the Sowetan reported today. BMF managing director Nicholas Maweni told the Sowetan the council would deal with various business issues.

The four other members of the council are representatives from the other Brics countries - Brazil, Russia, India, and China.

“The council will give us an opportunity to have a business body that will highlight economic opportunities and issues facing each country. Each member country will provide market access to its Brics partners,” Maweni was quoted as saying.

“This means that, because South Africa imported a lot of goods, we will see a balancing of trade in which we will be given the opportunity to start exporting as well.”

Motsepe’s appointment happened during the Fifth Brics Summit. The two-day summit, which began yesterday, is taking place in Durban.

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.

Inside News24

 
/Sport

Book flights

Compare, Book, Fly

Traffic Alerts
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.