As Brics Bank turns two, what has it achieved?

2017-09-04 09:02

Two years on from its creation, the Brics Development Bank has firmly graduated out of its start-up phase, explains the bank's vice-president, Leslie Maasdorp.

Treasury chief replaces Tito Mboweni on Brics Bank board

2017-08-10 08:43

National Treasury director general Dondo Mogajane has replaced former SA Reserve Bank governor Tito Mboweni as a non-executive director of the Brics New Development Bank.

Gordhan takes stock at first Brics bank AGM

2016-07-21 20:30

The Brics bank has moved at an unprecedented rate to fund infrastructure and development projects in Brics and other emerging and developing economies, says Treasury.

China Parliament ratifies Brics Bank agreement

2015-07-22 21:00

China's largely rubber-stamp Parliament has ratified an agreement with the world's largest emerging nations to create a new development bank.

Parly excited by Brics bank

2014-07-17 06:00

The new Brics bank will lessen the impact of obstructionist conditions attached to loans from the International Monetary Fund and the World Bank, says a top MP.

Brics bank: SA to host African hub

2014-07-16 09:25

South Africa will be the home of an Africa Regional Centre, the Brics group of emerging powers has announced at the unveiling of a $100bn development bank.


Gigaba thanks Tito Mboweni for ‘excellent’ job at Brics Bank

2017-08-11 10:00

Finance Minister Malusi Gigaba has thanked former SA Reserve Bank governor Tito Mboweni for his “excellent” two-year term on the Brics New Development Bank.

Brics leaders raise issues at G20 meeting

2016-09-04 17:44

Brics leaders have met on the margins of the G20 Summit in Hangzhou, China, and raised a number of important issues on their agenda.

Leslie Maasdorp: BRICS bank – bringing development finance to the 21st century

2015-07-24 07:43

The Vice President of the BRICS Bank tells Tim Modise that the New Development Bank to be established will compliment the developmental funding institutions.

Govt 'not seeking Zim-type' land situation

2014-08-21 09:09

Farmers concerned about reforms must realise that government does not want a land situation similar to that of Zimbabwe, says Agriculture Minister Senzeni Zokwana.

Brics bank presidency to be for five years

2014-07-16 10:15

India will hold the presidency of the new Brics development bank for five years, a senior official involved in the negotiations says.

Brics set up $100bn bank to break Western grip

2014-07-16 07:46

Leaders of the Brics nations have launched a $100bn bank and a currency reserve pool in a step towards reshaping the Western-dominated global financial system.

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