Latest News & Developments
economic globalisation
BRICS+ Series: BRICS+ vs. G20: A New Era of Global Influence
Explore how the G20 and BRICS+ are reshaping global economics and politics in a rapidly changing world.
Regus expands flexible spaces as hybrid work grows in Africa
Africa is poised to develop new working patterns.
The S in BRICS is not Spain: Trump's hilarious mix-up of BRICS nations sparks laughter as tariff threats loom
As Trump confuses Spain for South Africa in BRICS, South Africans find humour in the blunder amid tariff warnings.
Xi Jinping says China will continue to be 'biggest engine' of world economic growth
The Chinese president welcomed international economic organisations to continue to actively participate in China-proposed Belt and Road Initiative and promote the modernisation of all countries in the world with peaceful development, mutually beneficial cooperation and common prosperity.
BRICS+: Harnessing Data to Revolutionise Global Economics
In this digital age, where information is power, data is our greatest asset. It has the potential to unite BRICS+ as a force for good in the global economy—setting new standards for currency stability, fostering equitable trade relationships, and enabling businesses to collaborate seamlessly across borders.
Brazil's central bank hikes interest rate for first time in two years
Brazil's central bank on Wednesday announced its first interest rate hike in two years, raising the benchmark lending rate to 10. 75 percent even as the US Federal Reserve decided to lower borrowing costs.
High profile delegation from India visits Hisense South Africa factory to strengthen BRICS partnership
The visit, highlighted by the presence of South African High Commissioner to India, Professor Anil Sooklal, underscored the deepening connections between three key BRICS nations, particularly China, India, and South Africa
Africans urged to embrace technology and artificial intelligence for economic growth
In collaboration with the University of Johannesburg, China Media Group hosted The Global Media Dialogue themed ‘South Africa: Opportunities Arising from New Quality Productive Forces’, aimed at highlighting innovative co-operation between China and South Africa.
Global financial system does not favour African and smaller nations
OPINION: Zambia has struggled to settle its debt, which, at some point, had reached 120% of its gross domestic product (GDP), writes Gwinyai Taruvinga.
South Africa will host the SPIEF field session for the first time
The main theme is “SPIEF 2024: Developing Business Cooperation between Russia and South Africa”.
Lula committed to advancing African solidarity at summit
OPINION: As Africans, we can safely say that Africa has always been close to Lula’sheart and this visit, his first foreign visit as the G20 president, illustrates that, again for Lula, Africa lies at the heart of his G20 agenda for this year, writes Wesley Seale.
US retailer Macy's to close 150 stores
American retailer Macy’s announced this week its plans to close down 150 stores to focus on upscale brands in its portfolio.
Zim financial services company set for expansion with new offices in Joburg, New York
Bard Santner recently opened their new offices in New York at the world’s biggest financial hub in a bid to tap into huge capital, investment and transaction opportunities offshore.
Social Entrepreneurship in the Global South: Rayhaan Survé’s Perspectives
The youth of the world are playing an important role in impacting policy and conversations involving all generations are critical to making an impact.
Central conference on work relating to foreign affairs held in Beijing
Chinese President Xi Jinping systematically reviewed the historic achievements and valuable experience of major-country diplomacy with Chinese characteristics in the new era in important speech delivered at the conference.
LOOK: World rings in 2024 after wars, bots and Barbie
In Sydney, the self-proclaimed ‘New Year's capital of the world’, more than a million partygoers packed the harbour foreshore, with city officials and police warning that all vantage points were full.
Economic stagnation hastens poverty, inequality
Professor Dumisa looks at the economies of seven countries, which include four African countries and three major countries who are also members of BRICS.
World’s first supply chain expo held in Beijing amid global economic uncertainties
Over 500 Chinese and foreign enterprises and institutions from 55 countries and regions will participate in the expo, with 26 percent being international exhibitors.
US Congress to decide on AGOA extension after 20th AGOA Forum wraps up discussions
While some leaders asked for Agoa to be permanent, President Cyril Ramaphosa said a “sufficiently lengthy” extension of Agoa would help strengthen trade and investment.
EFF urges African economies to diversify markets amidst AGOA Summit, emphasising sovereignty and rejecting American imperialism
The EFF called on African countries to reject the political conditionality and foreign policy ‘manipulation’ that comes with AGOA.
Belt and Road Initiative: A road of prosperity for the new era
The BRI shines the light of hope and opens up new prospects for common prosperity.
Belt and Road Initiative: A road of green development for the new era
China has conducted green energy cooperation with more than 100 countries and regions.
Belt and Road Initiative: A road of openness for the new era
As a key measure to engagement, the Belt and Road Initiative (BRI) originates from China but serves the world.
Belt and Road Initiative: A road of peace for the new era
Over the past decade, the BRI has increasingly become a road of peace where dreams and aspirations come true.
ACSA plays vital role in SA’s tourism value chain and as major economic contributor
The Airports Company South Africa (ACSA) celebrates its 30th anniversary in October during Transport Month.