BRICS NDB issues RMB 5 billion Coronavirus bond

The China loan will finance urgent and unexpected public health expenditures and will focus on three provinces in China.

South Africa starts first day of 21-day lockdown

This means that most economic activities cease except those related to public health, food, water, sanitation and electricity.
Mar 28

Brazil, Russia, India, China and South Africa Have a ‘Crypto’ Plan

The BRICS Business Council has discussed the possibility of creating a single cryptocurrency to facilitate settlements between member countries, after Russia’s sovereign wealth fund put forward a proposal.
Mar 28

Learning from Mistakes in Pandemic Response

Throughout history, we have assumed the risk of communicating disease; the question is, have we learned from past experiences enough to minimize future risk?
Mar 27

COVID-19 outbreak: BRICS New Development Bank approves nearly USD 1 bn loan to China

Moscow [Russia], Mar 20 (Sputnik/ANI): China is set to receive a loan worth RMB 7 billion (USD 989 million) from the BRICS New Development Bank (NDB) in order to combat the epidemiological threat and economic disruption caused by the ongoing coronavirus disease (COVID-19) outbreak. "On March 19
Mar 20

South African Reserve Bank cuts repo rate by 100 basis points

Slashing the repo rate by 100 basis points will help mitigate the risks of Covid-19 to the economy, experts say.
Mar 20

Can India hang on as the once-solid BRICS crumble?

Slowest growth in 7 years raises doubts about durability of recent success
Mar 15

South African final demand rose in the fourth quarter

Prospects for 2020 were looking good prior to the global panic resulting from the coronavirus outbreak.
Mar 04

BRICS Nations Discuss Shared Crypto to Break Away From USD and SWIFT

Being stifled by USD dominance in trade, BRICS countries are discussing the launch of a multinational crypto.
Mar 03

South African Budget does not raise any new taxes

Commitments made at the 2018 and 2019 Investment Summits haven't been factored into the GDP growth forecasts.
Feb 26

Sponsored: President Xi Jinping calls on Brics nations to reinforce co-operation

President Xi Jinping calls on Brics nations to reinforce co-operation.
Feb 26

BRICS LPG Supply & Demand Outlook - 2008 to 2028 -

The "BRICS LPG Supply and Demand Outlook to 2028" report has been added to's offering.
Feb 12

BRICS countries to build digital sovereignty - Luca Belli, CyberBRICS - MediaNama

The push towards digital sovereignty is frequently criticized as a Trojan horse for authoritarian measures. It’s tremendously naïve to think it the only explanation. Brazil, Russia, India, China and South Africa are home to 3.2 billion people, 42% of the world’s population. In effect, these countries hold 42% of one of the most valuable resources […]
Feb 12

South African Energy Minister allows mines to self-generate electricity

The official opposition said the government could easily solve the electricity crisis by removing regulatory hurdles.
Feb 10

Chinese demand key uncertainty for seaborne coal market in 2020

Chinese traders will hold back from buying as they wait for the economic impact of the coronavirus to stabilize.
Feb 03

Deepening tech innovation ties on BRICS agenda this year: Report - Express Computer

Cooperation on developing high-end technologies will become an important agenda item for the BRICS (Brazil, Russia, India, China, South Africa) countries during Russias current-year presidency of the group of emerging economies, Finnish Russian digital solutions provider Zyfra said
Jan 22

Is BRICS Dodging US Dollar?

During the last association summit, BRICS countries supported the idea of introducing a single payment system, an alternative to SWIFT, for the subsequent...
Jan 18

South African citrus export volumes to jump in 2020

South Africa’s share in the top six citrus exporting countries more than doubled between 2001 and 2017.
Jan 09