BRICS HEADLINES

Supplementary Budget may still be too optimistic on growth

Short-term borrowing will increase by R98 billion to R146 billion in 2020/21.
thebricspost.com
Jul 02

BRICS New Development Bank issues inaugural 3-year bond

Such emergency loans could be used to finance direct expenses such as procuring protective gear for health workers.
thebricspost.com
Jun 19

Russia postpones July BRICS summit due to coronavirus

Russia said on Wednesday it has decided to postpone the summit of the BRICS nations, initially scheduled to be held in St. Petersburg in July, due to the spread of the coronavirus.
reuters.com
May 27

Russia says postpones July BRICS summit due to coronavirus

Russia said on Wednesday it has decided to postpone the summit of the BRICS nations, initially scheduled to be held in St. Petersburg in July, due to the spread of the coronavirus.
reuters.com
May 27

South Africa to move to Level 3 lockdown on June 1

South African steel production fell by 99.5 per cent year-on-year in April so the move to Level 3 was welcomed.
thebricspost.com
May 26

Inter-Africa Trade Fair postponed to September 2021

Oramah said that the continuing COVID-19 pandemic situation was not conducive to holding such a pan-African event.
thebricspost.com
May 07

BRICS Countries Share Meeting on COVID-19

The meeting took place on the evening of Tuesday 28 April via videoconference
en.escambray.cu
Apr 29

South African government launches R500bn stimulus package

R2 billion is geared to assist small and medium enterprises and spaza shop owners and other small businesses;
thebricspost.com
Apr 23

Mboweni assures BRICS Bank governors that SA will implement structural reforms

Tito Mboweni has given a strong indication yet that the structural reforms would form a large part of the government's economic recovery plan.
iol.co.za
Apr 21

Mixed reaction to extension of South Africa’s lockdown

Non-food stores, all restaurants, bars and cinemas are closed, as are schools, churches and universities.
thebricspost.com
Apr 10

COVID-19 exposes deficiencies of BRICS

By Aayush Mohanty The globalised world order is facing its biggest challenge in the form of COVID-19. State and Multilateral health institutions, along with help from major private players and civil society, are trying to...
economictimes.indiatimes.com
Apr 07

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.
thebricspost.com
Apr 04

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.
thebricspost.com
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?
thebricspost.com
Mar 27

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.
thebricspost.com
Mar 20

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

Slowest growth in 7 years raises doubts about durability of recent success
asia.nikkei.com
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.
thebricspost.com
Mar 04

BRICS CCI starts women’s wing to support entrepreneurs and professionals

The objective of the womens wing is to create an enabling support system for women entrepreneurs and professionals across geographies.
economictimes.indiatimes.com
Feb 28

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.
thebricspost.com
Feb 26