The US and China are trying to restart talks aimed at averting a full-blown trade war between the world’s two largest economies, two people familiar with the effort have said.
President Cyril Ramaphosa says his Russian counterpart Vladimir Putin accepted that SA’s economic condition won’t allow Pretoria to sign a nuclear deal.
South Africa’s nuclear energy expansion programme formed part of wide-ranging talks between Russian President Vladimir Putin and Cyril Ramaphosa on the sidelines of the Brics Summit.
Business Leadership South Africa has called on the SA private sector to help build on the Brics Summit by taking advantage of the investment opportunities presented.
The president argued that 'quantum leaps in technology and innovation' could create new global fautlines if not confronted by Brics member countries as a bloc.
President Cyril Ramaphosa and his counterparts from Brazil, Russia, India and China each gave a short address after a closed session meeting on the second day of the 2018 Brics Summit in Johannesburg.
South Africa shouldn't get carried away by the immense power, deep pockets and ideologically compatible message from Beijing, says Daniel Silke.
The forum, established in 2013, meets throughout the year to deliberate and make recommendations to governments about business opportunities and trade imbalances.
South Africa plans to use the Brics platform to find ways to encourage trade among member states, and promote multilateral trade.
South Africa is likely this week to provide a platform for a Chinese-led fightback against Donald Trump’s protectionist agenda as it hosts counterparts of the so-called BRICS group of nations.
After a three-day summit in Johannesburg, the Brics nations say they want a fairer, more representative global order in diplomacy and trade.
A civil group that lobbied against SA's nuclear build programme in court has welcomed President Cyril Ramaphosa’s commitment to not build new nuclear power stations in the current economic climate.
Brics countries meeting in Johannesburg have urged World Trade Organisation members to honour their commitments to a multilateral trading system.
The declaration was signed by the heads of state of the five Brics members nations in Sandton.
ANC Treasurer-General Paul Mashatile has invited private investors to take up equity stakes in state-owned companies, as leaders of the Brics grouping of emerging economies meet in Johannesburg.
President Cyril Ramaphosa emphasised the benefits of a multilateral trading system and cooperation between Brics member states when he welcomed attendees to the Brics Business Forum in Sandton.
Former Eskom CEO Brian Dames told an energy forum that current changes experienced by the energy industry could “destroy many aspects of what we know”.
At the start of the 10th Brics business Forum in Johannesburg the presidents of China and South Africa criticised countries that act unilaterally in trade.
After rallying Tuesday on news that China had committed to investing $14.7bn in SA, the rand continued to trade stronger on Wednesday.
'Brics cooperation will be a solution to [the] challenge of de-globalisation,' the chairperson of the Bank of China Chen Siqing said at a discussion in Sandton.
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