Tshwane is a litmus test for the DA. It can't be seen to be only opposing corruption when it happens in ANC-run governments, writes Adriaan Basson.
Mostly sunny. Cool.
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.
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.
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's largely rubber-stamp Parliament has ratified an agreement with the world's largest emerging nations to create a new development bank.
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.
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.
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 have met on the margins of the G20 Summit in Hangzhou, China, and raised a number of important issues on their agenda.
The Vice President of the BRICS Bank tells Tim Modise that the New Development Bank to be established will compliment the developmental funding institutions.
Farmers concerned about reforms must realise that government does not want a land situation similar to that of Zimbabwe, says Agriculture Minister Senzeni Zokwana.
India will hold the presidency of the new Brics development bank for five years, a senior official involved in the negotiations says.
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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