LIVE BLOG: Argentina, Ethiopia, Iran, Egypt, Saudi Arabia and United Arab Emirates will become BRICS members

BRICS leaders during a walkabout at the 15th BRICS Summit in Sandton. Russia's foreign minister Sergey Lavrov, Chinese president Xi Jinping, Brazil's president Lula da Silva, President Cyril Ramaphosa and India's prime minister Narendra Modi. Picture: Elmond Jiyane/GCIS

BRICS leaders during a walkabout at the 15th BRICS Summit in Sandton. Russia's foreign minister Sergey Lavrov, Chinese president Xi Jinping, Brazil's president Lula da Silva, President Cyril Ramaphosa and India's prime minister Narendra Modi. Picture: Elmond Jiyane/GCIS

Published Aug 24, 2023

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The 15th BRICS Summit kickedoff at the Sandton Convention Centre in Johannesburg, South Africa on Tuesday.

The BRICS Summit 2023 which will be hosted from Tuesday, August 22, and is expected to be attended by over 40 heads of state, scores of government representatives, as well as local and international dignitaries and summit delegates.

Follow IOL’s coverage of the summit.

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VIDEO STREAM: Courtesy of the SABC

BRICS name stands

All the participants of BRICS have agreed that the name of the group will not change after new countries join it, Russian news agency Sputnik reports.

Russian Foreign Minister Sergey Lavrov said on Thursday that this will demonstrate continuity.

"Everyone says that the name should remain unchanged, it has already become a brand. None of the newcomers to BRICS suggested otherwise. It seems to me that everyone understands that it is better to leave everything as it is, this will emphasize the continuity of all our work," Lavrov told a press conference following the BRICS summit in Johannesburg.

BRICS leaders during a walkabout at the 15th BRICS Summit in Sandton. Russia's foreign minister Sergey Lavrov, Chinese president Xi Jinping, Brazil's president Lula da Silva, President Cyril Ramaphosa and India's prime minister Narendra Modi. Picture: Elmond Jiyane/GCIS

UAE happy to join BRICS

The United Arab Emirates has welcomed the decision by the BRICS bloc to bring it on board as an additional member.

It said it was committed to enhancing the dialogue around multilateralism.

"Our approach is to follow corporations in order to find solutions that affect our world such as climate change, poverty, welfare, education and many other economic and development loopholes," read a statement by Emirates ruler Ras Al Khaimah through a representative.

He added: "The BRICS community which presents quarter of the world's economy is prepared to play a pivotal role in shaping and setting international agenda in coming years."

He also said it was important to note that the UAE is one of the most lucrative investment partners and brings a wealth of resources to the BRICS bloc.

World leaders say BRICS is changing global order

World leaders have come out in support of the BRICS bloc, saying it brings a new chapter to global political dynamics, The Star’s political journalist Siyabonga Sithole reports.

The leaders said the emergence of the new global order would ensure the end of the unipolar world that has dominated the world for many years.

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Egypt looking forward to joining BRICS

Egypt's Prime Minister Mostafa Madbouly says his country looks forward to officially joining BRICS as an additional member.

Egypt is already a member of the BRICS Development Bank, having joined the Bank in February 2023.

Madbouly said there was a necessity by BRICS and its partners to intensify efforts aimed at dealing with the current food crisis as well as develop agriculture and food processes and agriculture technology.

He also called for a need to reform financial structures that will make it fair to address the needs of developing countries.

He added that it was important to build on COP27 results and enhance the role of multilateral development banks which in turn can fund climate projects.

Tanzania says BRICS and Africa partnership should unlock access to global markets

Tanzanian President Samia Suluhu Hassan says the BRICS-Africa partnership should help African producers gain access to broader global markets

She also said there needs to be a focus in unlocking potential towards the realisation of Agenda 2026 and the Sustainable Development Goals.

She however pointed out that the countries also need to solidify the United Nations.

"We should not lessen our efforts to strengthening the United Nations. It remains the sole body with universal members," she said.

"Tanzania wishes to reiterate in the strongest form the need to reform the UN security council to make it fair, representative and effective" in the geopolitical landscape.

Hassan further said that her country vowed allegiance to BRICS and would remain its true friend and partner and would support the trade bloc in all its interventions.

Zimbabwe says BRICS can unlock Africa’s economic and political development

Zimbabwe’s vice president Constantino Chiwenga, who stood in for President Emmerson Mnangagwa as the country was busy with national elections, said the BRICS formation had value and had the potential to assist Africa’s efforts for economic and political development.

Zimbabwe said BRICS was key to an inclusive world order with like minded nations for collective strength.

Zimbabwe also applauded the establishment of the New Development Bank and the proposal to use local currencies in trade.

Zimbabwe said it was eager to join BRICS and that it was fully behind the trade bloc in its war on improving Africa's development.

BRICS is not anti-West

The Director-General of the Department of International Economic Affairs of the Foreign Ministry of China, Li Kexin, has scrapped words that the BRICS community was an “Anti-West” group. Video: Kamogelo Moichela/IOL

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BRICS HIGHLIGHTS

China responds to BRICS outcomes

The Director-General of the Department of International Economic Affairs of the Foreign Ministry of China, Li Kexin, briefs the media on the outcomes of the 15th BRICS summit. Video: Kamogelo Moichela/IOL

Mozambique calls for fair energy transition in Africa

The President of Mozambique Filipe Nyusi has called for the adoption of a fair energy transition given that Africa contributes insignificant carbon emissions compared to the world.

Nyusi said despite indications of an upward growth trajectory post Covid-19, there continue to be negative factors that hamper the speed of development namely inflation across the world.

"The interest rate of landing countries has increased and the cost of loans has also increased," Nyusi said, adding this in turn has driven many countries into great debt.

He also said the continent, particularly Mozambique, has fallen victim to adverse weather conditions such as tropical cyclones as well as drought with many people displaced and further driving youth unemployment.

Nuysi indicated that he believes that the initiative of the New Development Bank by BRICS will reduce the deficit of infrastructure in Africa and that BRICS serves as a platform that will provide a mutual benefit to all African states.

Cameroon has excellent ties with each BRICS

Reflecting on the 15th BRICS Summit, Cameroon’s Prime Minister Joseph Ngute said the challenge was now to ensure that every country continues to work together to build solidarity.

"Our world s currently facing many challenges. Faced with these global challenges, hopes and expectations of our people continue to grow and nations are finding it increasingly difficult to respond timeously," he said.

Ngute said Cameroon was actively engaged in this platform [BRICS] and he expressed hope that the recommendations from the Summit will help strengthen cooperation between BRICS and Africa.

Africa is underrepresented in the global financial architecture

Iran applauds BRICS expansion

President of Iran Ebrahim Raisi said without any doubt the decision made by BRICS to expand was a commendable move that paves the ground for global expansion in the framework of justice. He said it will open a new chapter towards justice, fairness, ethics, and sustainable peace on an international stage.

"This is the third time SA assumes the chairship of BRICS & in each of these times, the efforts of SA has been to bring together countries of the Global South, particularly in Africa, & Iran commends these efforts," he said.

Raisi said the culture of diversity, rich mineral resources, friendliness, and beautiful scenery make Africa one of the best.

He added that BRICS was a symbol of change and transformation.

India's moon landing is a celebration for all developing countries

President Cyril Ramaphosa has congratulated Indian Prime Minister Narendra Modi on the success of the Chandrayaan-3 mission on the moon, saying it was an opportunity for all developing countries to celebrate, The Mercury's senior political journalist Kuben Chetty reports.

Ramaphosa said pushing forward the frontiers of scientific endeavour was integral to human progress.

The landing of the lunar module on Wednesday by India’s space agency Indian Space Research Organisation is not only a landmark achievement for the country's space programme, but humanity's efforts in space exploration.

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Ethiopia committed to multilateralism, expresses gratitude for BRICS invite

Prime Minister Ethiopia Dr Abiy Ahmed expressed gratitude for its invite to join BRICS and reiterated its commitment to enhance multi-laterism.

Ahmed said the BRICS Summit was taking place at a critical moment in time when often unheard voices in the global arena were striving to be heard.

He said a growing multilateralism and collectivity was essential to address global challenges and Ethiopia had always been a champion and defender of multilateralism.

While Ethiopia's engagement on an international stage has always been quite meaningful, Ahmed said the country's role in BRICS would serve as a crucial gateway between Africa, the Middle East and wider Asia.

Ahmed said their strategic position would be to provide BRICS with enhanced connectivity and become a hub of connectivity for the continent.

He highlighted that Ethiopia recorded one of the highest economic growth rates in Africa and showcased potential to become one the largest economies on the continent.

Speaking on Ethiopia's commitment to fight climate change, he said that by 2026, the country intended to plant at least 50 billion trees. This initiative started five years ago and by last week, they had already planted 32 billion seedlings.

"In joining hands with BRICS, I would like to reiterate our gratitude and our commitment to enhancing multilateralism," Ahmed said.

UN Secretary General António Guterres calls for multilateralism at BRICS Summit

The United Nations Secretary General António Guterres addressed the media at the 15th BRICS Summit.

Guterres, who described South Africa as an inspiring rainbow nation, called on countries to reinvigorate multilateralism for the 21st Century.

He said the African continent was under represented in the global financial sector. “The world has changed. We must represent economic relations of today, and not of 1945,” said Guterres.

Guterres said the framework had to be representative and responsive to the needs of developing economies, especially for women and young people.

Guterres said reforms were needed, particularly in the security council, said a social compact based on respect was required.

“We need to act in solidarity to save our planet, developed countries must lead”.

On the front page

Political analyst Moeletsi Mbeki on expansion: ‘BRICS is becoming unified voice for Global South’

Speaking to news broadcaster Newzroom Africa, political analyst Moeletsi Mbeki, says the BRICS addition of six new countries - Egypt, Ethiopia, Argentina, Iran, Saudi Arabia and the United Arab Emirates.

Mbeki said though it was still a small group, it would be cohesive and would be increasingly influential at the G20.

Mbeki said BRICS expansion was a step in the “right direction”.

He also said the selection of the first six entrants appeared strategic.

“In Africa, Ethiopia and Egypt are big and influential countries on the continent. Ethiopia is the head office of the African Union.

“From what I can see this was a very well thought out expansion plan to include Argentina from South America, it is the second largest in the region after Brazil.

“Then Iran, which is in dispute with certain territories, but it shows that BRICS is not deterred by countries that are involved in all sorts of conflicts with Western countries.

The UAE is an important player economically and geographically.

“These are important parts of the Global South and the world. This is a very strategic decision,” he said.

Mbeki added that an expanded BRICS was a thumbs up for the Global South.

“Saudi Arabia is of course an important player. Iran and Saudi Arabia have been at loggerheads, but they are now in speaking terms.

“It was a well thought out expansion programme. It shows that BRICS is becoming the backbone for the creation of a unified voice for the Global South”.

Moeletsi Mbeki is seen giving a presentation at the University of the Witswaterand. Picture:Refilwe Modise

Mbeki meets with Russian Foreign Minister Sergey Lavrov

IOL’s senior political journalist Siyabonga Mkhwanazi reports that former president Thabo Mbeki has met with Russian Foreign Affairs Minister Sergey Lavrov. The meeting was described as fruitful.

Mbeki had earlier had discussions with President of Brazil Luiz Inácio Lula da Silva on the sidelines of the BRICS Summit in Sandton, Johannesburg.

During the meeting, they focused on security issues, including the situation in Ukraine and around it.

More here.

African Development Bank ready to join forces with BRICS’ New Development Bank

IOL senior journalist Noni Mokati reports that the the African Development Bank (ADB) is ready to join forces with the BRICS New Development Bank (NDB) to bolster financial resources geared towards developmental projects on the African continent.

In his statement read out during the BRICS-Africa Outreach and BRICS Plus Dialogue at the 15th BRICS Summit held in Johannesburg, ADB President Akinwumi Adesina who was absent, but sent representatives, who indicated that the African financial institution was addressing the continent's challenges as articulated in the Africa Union's Agenda 2063.

He said this included developmental priorities such as lighting up, feeding, industiralising and intergrating Africa as well as improving the quality of life for her people.

He added that because Africa has a huge potential, it was keen on forming a partnership with the NDB.

Touching on climate change, he said while Africa contributes the least amount of greenhouse gases, it bears inordinate challenges, adding as a result, the ADB was implementing the 20 billion dollar dessert-to-power project that seeks to harness energy generation and provide 10 gigawatts of power that will ultimately provide electricity to 250 million people across Senegal, Nigeria, Mauritania, Mali, Burkina Faso, Niger, Chad, Sudan, Ethiopia, Djibouti.

Burundi seeks mutually beneficial partnerships with BRICS

During the BRICS Summit, Burundi's President Évariste Ndayishimiye highlighted the timely nature of the gathering amidst a global economic downturn.

He emphasised that aligning with BRICS would accelerate shared initiatives and broaden alliances. His vision is to reshape the global landscape, emphasising unity in diversity and collective confrontation of global challenges.

Ndayishimiye outlined Burundi's ambitious goal of achieving developed nation status by 2040, with plans to diversify its economy and boost exports.

"Our aim is to forge mutually beneficial partnerships with BRICS," he stated.

He specifically pointed to the potential growth of Burundi's mining and manufacturing sectors. Despite having a vast workforce, these industries still face significant challenges. He expressed, "We're eager to collaborate with BRICS to expedite Burundi's socio-economic progress."

Attending the Summit, he said, symbolizes the dawn of a new global era filled with abundant opportunities.

"We stand with those advocating for global reforms. Burundi is committed to championing a peaceful, prosperous, and just new world order," Ndayishimiye said.

A multipolar world does not ensure peace: UN Secretary General António Guterres

The BRICS-Africa Outreach and BRICS Plus Dialogue is currently taking place. It serves as a platform for BRICS Leaders to engage heads of state and government from the African continent and elsewhere.

South Africa initiated the BRICS Outreach and Plus Dialogue during its chairship in 2013 by inviting African countries to the Summit "as a clear indication that BRICS aims to work in the interests and together with the Global South".

The United Nation Secretary-General António Guterres addressed the gathering, saying “multipolarity isn’t enough to ensure a peaceful world.”

He said that a movement is happening towards a multipolar world, but this alone was not a guarantee of global peace and stability.

He referred to Europe in the beginning of the 20th century, saying it was multipolar but lacked multilateral architecture and processes leading to the First World War. He said there must be an advocation for a strengthened and reformed multilateral architecture based on the principles of the United Nations Charter.

"In a fractured world there’s no choice but cooperation”.

He made an urgent call to restore trust and reinvigorate multilateralism for the 21st century.

He said change isn’t easy but it’s essential, especially for Africa

BRICS Leaders unveil the Johannesburg II Declaration: Here are the key highlights

The XV BRICS Summit culminated in the unveiling of the Johannesburg II Declaration, a comprehensive document that underscores the commitment of the BRICS nations - Brazil, Russia, India, China, and South Africa - to foster mutual growth, sustainable development, and inclusive multilateralism.

The summit, held in Sandton, revolved around the theme: "BRICS and Africa: Partnership for Mutually Accelerated Growth, Sustainable Development and Inclusive Multilateralism."

This theme resonates with the current global challenges, emphasising the need for cooperation, mutual respect, and understanding.

Key highlights from the Johannesburg II Declaration:

Inclusive Multilateralism: The BRICS nations reaffirmed their commitment to uphold international law, particularly the principles enshrined in the Charter of the United Nations (UN). They emphasised the UN's central role in maintaining peace, advancing sustainable development, and promoting human rights and fundamental freedoms.

Global Governance: The leaders expressed concern over unilateral coercive measures that contradict the principles of the UN Charter. They advocated for a more representative, democratic, and accountable international system, emphasising the need for greater representation of emerging markets and developing countries in international organisations.

Human Rights and Democracy: The declaration underscores the importance of promoting and protecting human rights and fundamental freedoms based on principles of equality and mutual respect. The leaders committed to addressing human rights issues in a non-selective, non-politicized manner, rejecting any association of terrorism with religion, nationality, or ethnicity.

Peace and Development: The BRICS nations expressed concern over ongoing global conflicts and emphasised the importance of peaceful resolution through dialogue and consultations. They highlighted the role of women in peace processes and the need for international cooperation in post-pandemic economic recovery.

Economic Challenges: The declaration acknowledges the unbalanced global recovery from the pandemic, which has exacerbated inequalities. The leaders called for multilateral financial institutions to play a constructive role in building global economic consensus and addressing systemic risks.

Debt Vulnerabilities: The leaders highlighted the challenges posed by rising debt levels in some countries, emphasising the need for international cooperation to address debt vulnerabilities and support economic recovery.

Terrorism: The BRICS nations strongly condemned terrorism in all its forms and manifestations. They emphasised the need for a comprehensive approach to counter-terrorism, rejecting double standards and advocating for the finalisation of the Comprehensive Convention on International Terrorism within the UN framework.

Russian President Vladimir Putin commends Ramaphosa’s ‘diplomatic skills’ in expanding BRICS bloc to six new members

Russian Federation President Vladimir Putin extended his congratulations to South African President Cyril Ramaphosa for successfully hosting the 15th BRICS Summit.

"I'd like to express my gratitude to our friends in South Africa for their dedication during our collaborative efforts. Their commitment was commendable, especially given the complexities of the tasks at hand. President Ramaphosa demonstrated exceptional diplomatic skills as we deliberated on various matters, including the BRICS expansion," Putin remarked.

— Presidency | South Africa 🇿🇦 (@PresidencyZA) August 24, 2023

He further emphasized the importance of mutual currency settlement, stating, "While it's a complex endeavour, we are committed to finding a solution. I congratulate the incoming BRICS members on their impending full membership. I assure all colleagues that we remain dedicated to enhancing BRICS' global influence and fostering active collaboration with both new members and those engaging in the outreach format."

Putin reiterated that as foundational members of BRICS, Brazil, Russia, India, and China are committed to ensuring a seamless transition and execution of the tasks ahead.

He added that measures will be put in place to ensure BRICS' growing significance on the global stage.

On a related note, People's Republic of China President Xi Jinping recognized the BRICS nations as influential pillars upholding global peace and development.

He lauded the inclusion of new members to BRICS, terming the expansion as "historic."

"This expansion underscores the BRICS nations' commitment to unity and collaboration with a broader spectrum of developing countries.

“It aligns with global expectations and serves the interests of emerging markets. This new phase marks a rejuvenation of the BRICS cooperation mechanism, bolstering global peace and development. I'm optimistic that with our shared vision, BRICS has a promising future filled with achievements," Xi Jinping said.

Brazil and India give XV BRICS Summit 2023 thumbs up

The Brazilian President, Lula da Silva, expressed gratitude to President Cyril Ramaphosa for successfully hosting the BRICS Summit and for achieving a consensus on the expansion of the BRICS community.

Da Silva highlighted the significance of the expansion, noting its potential to foster economic ties and peace with other nations.

He mentioned the initiation of a working group within the Global Five (BRICS) to explore a reference currency for the BRICS community.

With this expansion, the combined GDP of BRICS nations now represents 36% of the global GDP, encompassing 47% of the world's population.

Da Silva emphasized that BRICS countries would persist as a pivotal force in championing peace and global multilateralism.

The Prime Minister of India, Narendra Modi, expressed his satisfaction with the decision to broaden the BRICS membership, allowing more countries to join the bloc.

"India has consistently championed the expansion of BRICS. We firmly believe that welcoming new members will fortify BRICS as an institution," he remarked.

Modi asserted India's commitment to building consensus for countries eager to join BRICS. He added that the expansion and modernization of BRICS send a clear message: global institutions must adapt to evolving times. This move, he said, sets a precedent for reforms in other global entities.

"It fills us with pride that this expansion is celebrated as a milestone for all of humanity. On behalf of India and its citizens, I extend our gratitude to the global scientific community for their well-wishes during this monumental occasion," Modi stated.

The BRICS leaders have unanimously agreed on the guidelines for admitting new members to the BRICS community. The nations invited to join will become full-fledged BRICS members starting January 1, 2024.

Ramaphosa announces BRICS expansion and vision for a more Equitable global order

At the close of the XV BRICS Summit held in Johannesburg, South African President and BRICS chair, Cyril Ramaphosa, has, at the close of the XV BRICS Summit held in Sandton underscored BRICS commitment to the Global South and its vision for a more equitable world order.

With the rest of the BRICS leaders at his side, Ramaphosa said: "We endorse our expectations for the BRICS economic partnership, to generate tangible benefits for our communities, and deliver viable solutions for common challenges faced by the Global South."

He emphasised the collective vision of BRICS as a "champion of the needs and concerns of the peoples of the global south," highlighting the importance of sustainable development, economic growth, and the reform of multilateral systems.

Ramaphosa expressed concerns about the ongoing global conflicts and emphasised BRICS commitment to "the peaceful resolution of differences and disputes through dialogue and inclusive consultation."

Addressing the aftermath of the Covid-19 pandemic, Ramaphosa noted, "The Summit observed that an unbalanced recovery from the hardships of the Covid-19 pandemic is exacerbating inequality across the world."

He urged multilateral financial institutions and international organisations to play a constructive role in shaping global economic policies.

In a significant move towards financial autonomy, Ramaphosa revealed, "As BRICS, we are ready to explore opportunities for improving the stability, reliability, and fairness of the global financial architecture."

He added that BRICS leaders have directed their finance ministers and central bank governors to consider the use of local currencies and alternative payment systems, with a report expected by the next summit.

Highlighting the importance of cultural and people-to-people exchanges, Ramaphosa said, "The Summit appreciates the progress made over the last year in the fields of media, culture, education, sports, arts, youth, civil society, and academic exchanges." He proudly announced the adoption of the "Johannesburg Declaration," which encapsulates key BRICS messages on global economic, financial, and political matters.

In a groundbreaking announcement, Ramaphosa declared that BRICS, a diverse group with shared visions, has reached a consensus on its expansion process. "We have decided to invite the Argentine Republic, The Arab Republic of Egypt, the Federal Democratic Republic of Ethiopia, the Islamic Republic of Iran, the Kingdom of Saudi Arabia, and the United Arab Emirates to become full members of BRICS," he announced.

This expanded membership will be effective from 1 January 2024.

Argentina, Ethiopia, Iran, Egypt, Saudi Arabia and United Arab Emirates

Argentina, Ethiopia, Iran, Egypt, Saudi Arabia and United Arab Emirates will become news members of BRICS.

President Cyril Ramaphosa made the announcement at a media briefing at the 15th BRICS Summit in Sandton today.

This will take effect from January 1, 2024.

"We value the interests of other countries Iin building a partnership with BRICS, we have tasked our foreign ministers to further develop the BRICS partner country model, and a list of prospective partner countries and report by the next summit," he said.

Ramaphosa also announced the adoption of the Johannesburg II declaration.

— BRICSza (@BRICSza) August 24, 2023

Ramaphosa to announce outcomes of XV BRICS Summit

The BRICS chairperson and President of South Africa, Cyril Ramaphosa is expected to announce the outcomes of the 15th BRICS Summit on Thursday morning at the Sandton Convention Centre in Johannesburg.

On Wednesday, the media learnt that the BRICS leaders adopted a policy document looking at the expansion of BRICS.

— Kailene Pillay (@kailenepillay) August 24, 2023

South African Minister of International Relations and Cooperation, Dr Naledi Pandor provided an update on how the closed-door talks were progressing between the BRICS leaders on Wednesday, while the leaders and their delegations were in talks behind closed doors.

Pandor said the document set out guidelines, principles and processes to consider for countries who want to join the stable.

The leaders of Brazil, Russia, India, China and South Africa were locked in closed plenary sessions at the 15th BRICS Summit in Sandton, Johannesburg for most of Wednesday.

BRICS leaders adopt guidelines to allow countries to join

Leaders from the BRICS nations have been involved in the 15th BRICS Summit in Sandton, Johannesburg since Tuesday this week.

The leaders from the BRICS (Brazil, Russia, India, China and South Africa) nations have adopted a document that sets out guidelines, principles and processes to consider for countries who want to join their stable.

The leaders have been locked in closed plenary sessions at the 15th BRICS Summit in Sandton, Johannesburg on Wednesday after delivering their welcome remarks.

According to South African Minister of International Relations and Cooperation, Dr Naledi Pandor, who spoke on the sidelines of the Summit, the leaders agreed on the matter of expansion.

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BRICS leaders - Brazil’s Lula da Silva, China’s Xi Jinping, SA’s Cyril Ramaphosa, India’s Narendra Modi and Russia’s foreign minister Sergey Lavrov hold hands at the Brics XV Summit. Picture: Supplied

Calls for BRICS Youth Summit

The Executive Chairperson of the National Youth Development Agency (NYDA), Asanda Luwaca, has called on the BRICS leaders to endorse the youth council that they have reached an agreement to establish for greener pastures.

Young people in Brazil, Russia, India, China and South Africa, are calling on the 15th BRICS Summit to "endorse our proposal for the establishment of the BRICS youth council in its final declaration in ensuring positive change and innovation".

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‘My heart is with the Chandrayaan mission,’ says proud Modi as India lauds historic moon landing

“I may be in South Africa but my heart has always been with the Chandrayaan mission." These are words of Indian Prime Minister Nerendra Modi who was celebrating the historical soft-landing of the Chandrayaan-3 on the moon - making India the first country to land near the moon’s south pole.

Modi made a brief address on the sidelines of the 15th BRICS Summit held in Johannesburg, South Africa, where he congratulated the scientists as well as the entire mission team.

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Debate on BRICS expansion after early recess on Day 2 of summit

Over 1,000 journalists from around the world have been accredited to attend the much-anticipated summit happening in Johannesburg, South Africa.

Speaking to IOL, Clara Mlano, a broadcast journalist from Ghana working with the Ghana Broadcast Corporation (GBC), weighed on the expansion matter and what the global five leaders are trying to achieve.

She said with expansion, the nations were trying to expand their scope in terms of investment, trade, and cooperation with the bloc.

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Cheetahs for India, sure thing!

President Cyril Ramaphosa has said that if Indian wanted more big cats, including cheetahs, South Africa would be willing to donate the animals to its south east Asian BRICS partners.

“We were pleased, as South Africa, to donate cheetahs to India. You informed me that the cheetahs arrived well and alive in India, and I told you that we are willing to donate more because you are a country that takes care of big cats. We thank you for that; should you need more cheetahs, you’ve come to the home of cheetahs,” said Ramaphosa addressing Indian Prime Minister Narendra Modi.

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Xi calls for unity, pushes for expansion

Chinese President Xi Jinping has committed China to doing more in a bid to strengthen his ties with South Africa as well as all the BRICS countries.

Xi said now more than ever, creating exclusive groups was unacceptable and urged BRICS to leverage its growing support from other countries that have shown an interest in joining BRICS as an economic and development-centred bloc.

"Ganging up to form exclusive groups is more unacceptable now than ever. We need to support our trading system, reject exclusive blocs, leverage the new development of BRICS, and ensure that we increase the voice of developing countries," the Chinese leader said.

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BRICS must set the agenda for the global economy’s future

Writing in the Business Report, Anil Agarwal, who is the executive chairman of Vedanta Resources, says the BRICS nations have in common is a strong aspiration to become developed countries in the very near future. This must be leveraged.

While a lot of technology continues to be developed and owned by the G7 nations, the BRICS nations are gradually solidifying their own capacities. The future global economy will be defined by the technologies of the energy transition, advanced electronics like semiconductor chips, and innovations of the 4th industrial revolution, namely artificial intelligence, big data etc.

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BRICS and anti-BRICS campaigners square off in Durban

Two groups went toe-to-toe in Durban over the global formation of some of the largest economies in the world.

One group was against having the BRICS Summit, calling it a "club of the corrupt", while the other group said the formation is needed and South Africa is already reaping benefits by being part of it.

The anti-BRICS marchers were gathered under the banner of the South Durban Community Environmental Alliance, led by Desmond D'sa.

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Anti BRICS march from Speakers Corner to Indian Consulate in Kingsmead. Picture: Khaya Ngwenya / African News Agency (ANA)

WATCH: India becomes first nation to South Pole and spacecraft near Moon's south pole

India became the first nation to land a craft near the Moon's south pole, a historic triumph for the world's most populous nation and its ambitious, cut-price space programme.

The unmanned Chandrayaan-3, which means "Mooncraft" in Sanskrit, touched down at 6.04 pm India time (2.34 SAST) as mission control technicians cheered wildly and embraced their colleagues.

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China makes huge R167 billion donation help SA with load shedding

Ramokgopa indicated that because China has also faced load shedding in the past, it is best placed to aid SA in resolving its issues.

He also revealed that the country has received donations in the form over 480 units that are en-route to SA from China.

The donation, he said, does not mean that SA is financially obligated to pay off but that this is merely China's way of assisting a fellow BRICS partner.

The products on the way to South Africa are estimated to be worth R167 billion.

More here.

Minister in the Presidency for Electricity, Dr Kgosientsho Ramokgopa signs a Joint Memorandum of Cooperation (MoC) with Chinese Entities on behalf of the Government of South Africa. Picture: Siyabulela Duda/GCIS

What the leader of the five BRICS nations said on the second day of the BRICS Summit 2023

The second day of the 15th BRICS Summit kicked off with the opening remarks of all five heads of state.

This is what each of them said:

Brazil president Lula da Silva said they were ready to join efforts to end the conflict in Ukraine, calling for an immediate cease-fire and peace.

He said the Ukrainian war also showed the limitations of the United Nations Security Council. He added that there were also many other conflicts in the world that did not receive the due attention and caused massive suffering for its people.

President Lula called on the BRICS nations to lead the process of peace initiatives throughout the world.

“Everyone and all nations deserve to live in peace. The quest for peace is a collective effort,” he said.

He also added that it was very difficult for some nations to fight climate change when many countries were still fighting poverty, hunger and other challenges.

President Ramaphosa commended the Brazilians commitment to contributing to a peaceful world.

Russian President Vladimir Putin, who joined the BRICS Summit virtually via a video link, said they were working to establish a multi-polar world based on mutual appreciation as well as on the principles of the United Nations.

The Russian delegation to South Africa is headed by Foreign Minister, Sergey Lavrov.

Putin called on the BRICS countries to expand settlements in national currencies and interbank cooperation.

Speaking on the conflict with Ukraine, Putin said the desire of a number of Western countries to maintain their hegemony in the world led to the crisis in Ukraine. He said Russia's actions in this conflict was dictated only by the desire to end the war of extermination unleashed by the West.

He added that Russia was determined to actively participate in the implementation of the agreements reached on the creation of a joint working group on nuclear medicine

Next year, Russia plans to hold the BRICS meeting in October 2024 in Kazan. Putin said they plan to host about 200 political, economic and public events.

Chinese President Xi Jinping called on the leaders and participants of this BRICS Summit to always bear in mind the founding purpose of BRICS which was to bring to the world more certainty, stability and a positive energy.

He said the BRICS nations should expand political and security cooperation to uphold peace and tranquillity throughout the world as the geopolitical situation was getting “intense”.

President Jinping said the world entered a new era of turbulence and called on the BRICS family to remain united and be ready to play a key role in helping to stabilise the world.

“Development is not a privilege of a few but should be spread around so all can benefit.,” he said.

Jinping added that China intended to set up a BRICS remote data centre that would help develop technology and innovation in BRICS nations.

Talking about Artificial Intelligence, President Jinping said that AI was a new frontier of development, and although it may generate enormous dividends, it also harboured risks.

He said there was a need to develop AI governance and standards so as to make AI tech more secure, reliable, controllable and equitable.

Indian Prime Minister, Narendra Modi, gave the thumbs up to the expansion of the BRICS family.

This comes after a lot of countries have shown interest in joining the BRICS countries.

“We will keep working together to strengthen the voice of the global south as well,” he said

He said the expansion will ensure that the world economy is growing faster than before and will continue to improve the BRICS community in developing economies and nations.

He said the expansion will address poverty, education, technology, health services, and other issues that affect their ability to develop.

During his address, Modi suggested BRICS collaboration on the establishment of a Space Exploration Consortium, emphasising that its concentration on space research and meteorological monitoring would help develop new ways of measuring progress.

He also recommended joint efforts in education, technology, as well as skill assessment.

“Trade, defence, and investment linkages featured prominently in our discussions. We will keep working together to strengthen the voice of the global south as well,” he said.

South Africa’s Cyril Ramaphosa said there was a need for BRICS countries to advance the development interests of the global south, calling for industrialised countries to honour their commitments to support climate actions, including developing economies that have been affected before.

— Presidency | South Africa 🇿🇦 (@PresidencyZA) August 23, 2023

He said peace and stability were essential for a sustainable, better and prosperous world. He said they were concerned about ongoing conflicts across the borders that continued to threaten their peace and caused instability and suffering to many people around the world.

President Cyril Ramaphosa opens day tow 15th BRICS Summit 2023, slams global financial payment systems that are being used as “instruments of geopolitical contestation”

Lee Rondganger

President Cyril Ramaphosa has opened the second day of the 15th BRICS Summit 2023 in Sandton, calling for a new inclusive international order.

Ramaphosa said that the BRICS nations need to advance the interests of the global south and called for industrialised countries to honour their commitments to support climate actions by developing economic progress elements that "have not yet been lived up to before".

"Peace and stability are preconditions for a better, more equitable world. We are deeply concerned about conflicts across the world that continue to cause a great deal of suffering and hardship to many people around the world," Ramaphosa said.

He said that South Africa's position remained that diplomacy, dialogue, negotiation, and adherence to the principles of the United Nations Charter were necessary for the peaceful and just resolution of conflicts.

"We are concerned that global financial and payment systems are increasingly being used as instruments of geopolitical contestation. Global economic recovery relies on predictable global payment systems and the smooth operating of banking, supply chains trade, tourism, as well as financial flows," Ramaphosa said.

He said that South Africa would  continue discussions on practical measures to facilitate trade and investment flows through "increased use of local currencies".

"This is a matter we believe that further discussions need to take place particularly amongst our finance ministers“.

Ramaphosa added that he was confident that the15 BRICS Summit will advance the cause of common prosperity and progress.

"We are confident that this 15 BRICS summit will in the end, enrich and inspire our work towards the achievement of a much more humane, global community. This is what BRICS is all about. This is what BRICS is committed to achieving. It is a great honour for us, South Africa, to have this opportunity to host this 15th BRICS summit, and to have in our presence, the BRICS members as they are represented here," he said.

BRICS leaders arrive for day two 15th BRICS 2023 Summit in Sandton

By Kailene Pillay

Heads of States of the BRICS (Brazil, Russia, India, China, South Africa) have arrived at the Sandton Convention Centre in Johannesburg for the second day of the 15th BRICS Summit.

The BRICS 2023 summit is being held in Sandton, Johannesburg, with the leaders of of Brazil, China, India, and South Africa all attending in person, together with significant trade delegations, including Russia. The Russian President, Vladimir Putin, will attend via video conference.

While the BRICS Summit is a meeting of Heads of State and government and is not open to the public, there is an extensive business programme arranged around the Summit culminating in the BRICS Business Forum on Tuesday.

On Wednesday, the leaders would attend a closed plenary session looking at realising the full potential of BRICS for inclusive global economic recovery and sustainable development.

They are thereafter expected to deliver their opening remarks with each leader allocated seven minutes.

A report by the Chair of the BRICS National Security Advisors would take place and each Head of State would be given three minutes to respond.

Following that, an open plenary session would take place and again the Heads of State would make statements.

The leaders are also expected to engage with the New Development Bank, BRICS Business Council and BRICS Women’s Business Alliance later on Wednesday.

By the end of the day, the leaders are expected to adopt the 15th BRICS Summit Johannesburg Declaration before the President of the South African Youth Council, Oaile Louw would close the day.

— Kailene Pillay (@kailenepillay) August 23, 2023

Former President Thabo Mbeki meets with Brazil’s Lula da Silva on sidelines of BRICS 2023 Summit

Former president Thabo Mbeki met with the Brazilian President Lula da Silva on the sidelines of the BRICS summit in Sandton, Johannesburg.

The two leaders met at the time South Africa was hosting the major global event.BRICS leaders are said to be discussing a range of issues including trade, investment and the expansion of the bloc.

There are more than 23 countries that have expressed an interest to join BRICS.

Lula first met with African National Congress (ANC) leaders including chairperson Gwede Mantashe, secretary-general Fikile Mbalula and first deputy secretary-general Nomvula Mokonyane.

ANC leaders will on Wednesday meet with the president of Cuba, Miguel Diaz-Canel.

The ANC has strong relations with Cuba going back decades ago.

After meeting with the ANC, Lula then met with Mbeki on the sidelines of the summit.

Read more here

Brazilian president Luiz Inacio Lula Da Silva and his wife Rosangela arriving in South Africa for the 15th BRICS Summit, are welcomed by International Relations Minister Naledi Pandor. Picture: Dirco

South African billionaire, Patrice Motsepe emphasises the critical role Africa needs to play at 15th BRICS 2023 Business Forum

Business tycoon Patrice Motsepe, the inaugural chairman of the BRICS Business Charter in South Africa, stated that reciprocal relationships and advantages were at the heart of BRICS economic development.

The billionaire was addressing the BRICS Business Forum ahead of the formal commencement of the 15th BRICS Summit on August 23, at the Sandton Convention Centre in Johannesburg.

“South Africa’s chief executives have been trading among BRICS countries. At the start of 2013 when we started the trade in goods and services between South Africa was just under $100 billion, and the objective was to increase this to $400 billion,” said the entrepreneur.

Motsepe emphasised that there has been growth within the BRICS bloc, but he believes that more still needs to be done in the whole continent of Africa.

Read more here

South African billionaire Patrice Motsepe addresses the BRICS Business Forum at the Sandton Convention Centre in Johannesburg on Tuesday. Picture: Itumeleng English/African News Agency (ANA)

India PM Narendra Modi to hold bilateral meeting President Cyril Ramaphosa

Sandton - On the second day of the 15th BRICS Summit, Prime Minister Narendra Modi on Wednesday is scheduled to hold a bilateral meeting with South African President Cyril Ramaphosa.

Later in the day, PM Modi is scheduled to attend open and closed plenary sessions in Johannesburg.

The plenaries will be followed by a cultural performance and a banquet dinner hosted by President Ramaphosa.

The opening day of the 15th BRICS Summit in Johannesburg was witness to the BRICS Business Forum Leaders’ Dialogue.

In his address at the BRICS Business Forum Leaders' Dialogue, PM Modi said India will soon be a 5 trillion dollar economy and in the coming years will be the growth engine of the world

Read more here

Prime Minister Narendra Modi on Wednesday is scheduled to hold a bilateral meeting with South African President Cyril Ramaphosa. Jairus Mmutle/GCIS

Putin says ‘illegitimate’ sanctions worsen world’s economic problems

President Vladimir Putin joined the BRICS Summit virtually on Tuesday as the Summit takes place in Sandton, Johannesburg.

Russian President Vladimir Putin, who addressed the BRICS (Brazil, Russia, India, China, South Africa) Business Forum in Sandton, Johannesburg via video said the country was ready to return to the grain deal “only when all obligations to the Russian side have been fulfilled.”

He said the illegitimate sanctions imposed on sovereign states were compounding the world's socio-economic challenges.

More here.

Russian President Vladmir Putin speaking via video link during the BRICS Business Forum at the Sandton Convention Centre. Picture: Oupa Mokoena / African News Agency (ANA)

Chinese President Xi skips BRICS Summit, but calls for expansion

President of the People’s Republic of China Xi Jinping skipped the BRICS (Brazil, Russia, India, China, and South Africa) Business Forum in Sandton, Johannesburg, on Tuesday, but the Head of State’s words were not lost on those in attendance.

Reading out a speech by Jinping, China’s Minister of Commerce Wang Wentao delivered the message clearly - talks of domination was not in China’s plan. Instead, the Republic wants to see an expansion of the BRICS nations.

More here.

New world order calls

Brazil has emphasised the need to accelerate developmental projects that will enhance the quality life for people in developing countries, particularly those within the BRICS bloc countries.

Brazil’s president Luiz Inacio Lula Da Silva said the financing needs of developing countries was a high priority adding this is why his country was advocating for the idea of financial integration on the global stage.

Lula’s remarks at the Summit also focused on the expansion of the BRICS bloc and the addition of other African states.

“Africa is at the heart of the digital and energy transition. Internet coverage already reaches most of the African population,” Lula said.

More here

Brazilian president Luiz Inacio Lula Da Silva and his wife Rosangela arriving in South Africa for the 15th BRICS Summit. Picture: Dirco

Ramaphosa calls for women involvement in economy in Africa

President Cyril Ramaphosa has called on women to participate in shaping the economy on the African continent.

Ramaphosa said it was important that financial support be directed to women-owned businesses so that they can harness the benefits of the continental free trade area.

"There is a need to free women on the continent to enable them to participate in the global economy," said Ramaphosa.

More here.

President Cyril Ramaphosa speaking during BRICS Business Forum at Sandton Convention Centre. Picture: Oupa Mokoena / African News Agency (ANA)

Ramaphosa says trade between BRICS countries was over R3 trillion last year

President Cyril Ramaphosa says as the BRICS countries celebrate 15th anniversary at the 15th BRICS Summit in Sandt, Johannesburg, trade between BRICS countries totalled some $162 billion (R3 trillion) last year.

“Foreign investment has played an important role in the growth of BRICS economies.

“BRICS group of countries exists not only to strengthen government-to-government relations, but also to forge stronger ties between the peoples of our five nations. It is for this reason that several bodies have been established to enable cooperation across society,” he said.

President Cyril Ramaphosa speaking during BRICS Business Forum at Sandton Convention Centre. Picture: Oupa Mokoena / African News Agency (ANA)

Ramaphosa said annual foreign direct investment into BRICS countries is four times greater than it was 20 years ago.

“However, the new wave of protectionism and the subsequent impact of unilateral measures that are incompatible with WTO rules undermine global economic growth and development.

“We therefore need to reaffirm our position that economic growth must be underpinned by transparency and inclusiveness. It must be compatible with a multilateral trading system that supports a developmental agenda,” he said.

He said reform of global financial institutions was needed so that they could be more agile and responsive to the challenges facing developing economies.

“In this respect, the New Development Bank, established by BRICS countries in 2015, is leading the way… BRICS economies have emerged as powerful engines of global growth.

“Yet the rapid economic, technological and social changes underway create new risks for employment, equality and poverty in many BRICS countries.

“We therefore call on the business community to join hands with us to identify solutions to these and other challenges affecting our respective economies,” he said.

BRICS leaders deliver opening remarks

(From L to R) President of Brazil Luiz Inacio Lula da Silva, South African President Cyril Ramaphosa, Prime Minister of India Narendra Modi and China's Minister of Commerce Wang Wentao, Former President of Brazil and chair of the New Development Bank Dilma Rousseff attend the 2023 BRICS Summit at the Sandton Convention Centre in Johannesburg on August 22, 2023. Picture: Marco Longari / AFP)

Eswatini not invited to BRICS Summit

The Kingdom of eSwatini has confirmed that King Mswati III is not attending the 15th BRICS Summit which began in Sandton, Johannesburg, after they did not receive an invite from Pretoria.

eSwatini government spokesperson Alpheous Nxumalo told The Star they had received no invitation to attend the BRICS Summit, which is running with the theme

More than 40 African heads of state have been invited.

More here.

President Cyril Ramaphosa and King Mswati III of the Kingdom of eSwatini at OR Tambo International Airport. File Picture: Jairus Mmutle/GCIS

Patrice Motsepe urges Africa to forge beneficial partnerships with BRICS countries

Patrice Motsepe has urged African leaders and businesses to forge meaningful and mutually beneficial partnerships with BRICS countries.

Motsepe, who is the inaugural chairperson of the BRICS Business Charter in South Africa, said mutual partnerships and benefits were at the centre economic development among BRICS countries.

More here.

Businessman Patrice Motsepe addresses the BRICS Business Forum at the Sandton Convention Centre in Johannesburg on Tuesday, where the BRICS Summit is underway. Picture: Itumeleng English/African News Agency (ANA)

Political stability is critical for trade in Africa

Political instability in a number of African countries remains a major concern as the BRICS nations look to unlock opportunities through the African Continental Free Trade Agreement (AfCFTA).

AfCFTA secretary general Wamkele Mene raised the point that political stability was an essential feature in establishing market certainty and predictability.

During one of the panel discussions at the BRICS Business Forum in Sandton, Johannesburg, panellists discussed ways to build a partnership between BRICS nations and the rest of Africa for mutually beneficial opportunities for increased trade, investment, and infrastructure development.

More here:

Mantashe calls on SA to learn from Brazil on how coalitions work

ANC national chairperson Gwede Mantashe says the governing party has drawn important lessons from Brazil’s Workers Party, which is led by President Lula da Silva, on how to deal with and make coalition governments work.

The ANC and the Worker’s Party met at the Leonardo Hotel on the sidelines of the 15th BRICS Summit in Sandton, Johannesburg.

Read more here.

Indian Prime Minister Narendra Modi has landed in South Africa

Deputy President Paul Mashatile has welcomed India’s Prime Minister has landed in Pretoria ahead of 15th BRICS Summit. Modi is expected to head straight to the Brics Summit in Sandton, Johannesburg.

Modi was welcomed in traditional song and dance, similar to Chinese President Xi Jinping who arrived on Monday night at the OR Tambo International Airport.

India's Prime Minister Narendas Modi is received by Deputy President Paul Mashatile after landing at the Waterkloof Air Force Base in Pretoria. Picture:Jacoline Schoonees/DIRCO
India's Prime Minister Narendas Modi is received by Deputy President Paul Mashatile after landing at the Waterkloof Air Force Base in Pretoria. Picture:Jacoline Schoonees/DIRCO
India's Prime Minister Narendas Modi is received by Deputy President Paul Mashatile after landing at the Waterkloof Air Force Base in Pretoria. Picture:Jacoline Schoonees/DIRCO
India's Prime Minister Narendas Modi is received by Deputy President Paul Mashatile after landing at the Waterkloof Air Force Base in Pretoria. Picture:Jacoline Schoonees/DIRCO
India's Prime Minister Narendas Modi is received by Deputy President Paul Mashatile after landing at the Waterkloof Air Force Base in Pretoria. Picture:Jacoline Schoonees/DIRCO
India's Prime Minister Narendas Modi is received by Deputy President Paul Mashatile after landing at the Waterkloof Air Force Base in Pretoria. Picture:Jacoline Schoonees/DIRCO

Ethiopian group protesting outside summit over alleged human rights abuses in Amhara

The All United Amhara Association in South Africa has called on BRICS countries to stop the Ethiopian Prime Minister Abiy Ahmed from allegedly killing thousands of innocent people in their country.

The group picketed at Innesfree Park in Sandton a few kilometres away from the Sandton Convention Centre where the BRICS summit is taking place on Tuesday.

They held placards that read: "Abiy Ahmed does not fit for peace awards” and “Under Abiy administration Ethiopia Collapse” to indicate their issues.

More here:

BRICS expansion, food security, health and cooperation likely to top 15th Summit agenda - analysts

It was a mark of China’s increasing influence on South Africa which saw President Xi Jinping receive a grand reception at the OR Tambo International Airport, say geo-political experts.

Wits University’s Patrick Lukusa Kadima, who specialises in international law, international cooperation and multilateralism, said BRICS expansion was likely the biggest issue on the table for the summit.

More here

WATCH: Ramaphosa bestows Xi Jinping with SA’s highest order

President Cyril Ramaphosa has bestowed Chinese President Xi Ping with the Order of South Africa, for “his great service to the people of South Africa”. He was bestowed with the Order at the Union Buildings in Pretoria ahead of the 15th BRICS Summit in Sandton, Johannesburg.

President Cyril Ramaphosa conferred Chinese President Xi Jinping with the Order of South Africa. Picture: Fikile Marakalla/GCIS

A Chinese delegation led by President Xi Jinping held a State Visit to Pretoria before the commencement of the summit on Tuesday.

President Xi Jinping, who was on his fourth State Visit to SA, has overseen strengthened relations between China and SA, with the trade rocketing from just under R1 billion 30 years ago, to over R600 billion today. China is SA’s biggest trade partner.

WATCH:

WATCH: ANC meets with Brazil’s governing Workers Party

The African National Congress Secretary-General Fikile Mbalula and ANC National Chairperson Gwede Mantashe have led a delegation from the governing party as they met with Brazil’s Workers Party, which was led by Brazilian President Lula Da Silva.

The delegation met at the Leonardo Hotel in Sandton, Johannesburg, just hours before the BRICS Summit was officially opened. The Summit is taking place at the Sandton Convention Centre from Tuesday afternoon.

ANC National Chairperson Gwede Mantashe in conversation with President Luiz Inácio Lula da Silva, the leader of the governing Brazil Worker's Party, in a meeting on the sidelines of the 15th BRICS Summit in Sandton, Johannesburg. Picture: ANC Media

Briefing the media after the meeting, where the ANC and Worker’s Party aimed to strengthen political ties, Mantashe said: “The point of poverty, unemployment formed part of the discussion during this meeting”.

Mbalula added: “We briefed Da Silva about the BRICS Plus dialogue and some of the important resolutions that we took.

— Kamogelo Vega (@Kamogelo_Vegaa) August 22, 2023

WATCH:

Xi state visit: President Cyril Ramaphosa lauds China for helping SA rebuild from ruins of Apartheid

People’s Republic of China President Xi Jinping received a warm welcome at Pretoria's Union Buildings on Tuesday ahead of his talks with South African President Cyril Ramaphosa.

Xi inspected the guard of hour as well as the 21-gun salute before engaging with Ramaphosa for bilateral talks.

This is Xi’s fourth state visit to SA. During the talks, Ramaphosa said South Africa's diplomatic relations with China spans a period of 25 years and that the Asian country has been instrumental in assisting SA with its development from the ruins of Apartheid.

More here.

President Cyril Ramaphosa of the Republic of South Africa welcomes President Xi Jinping of the People's Republic of China on a State Visit at the Union Buildings in Pretoria. PICTURE: Jairus Mmutle/GCIS

LOOK: President of the People’s Republic of China meets with President Cyril Ramaphosa ahead of 15th BRICS Summit

Chinese President Xi Jinping arrives at the Union Buildings in Pretoria. Picture: Timothy Bernard / African News Agency (ANA)
Chinese President Xi Jinping. Picture: Timothy Bernard / African News Agency (ANA)
Chinese President Xi Jinping and South African President Cyril Ramaphosa. Picture: Timothy Bernard / African News Agency (ANA)
Chinese President Xi Jinping and South African President Cyril Ramaphosa. Picture: Timothy Bernard / African News Agency (ANA)
Picture: Timothy Bernard / African News Agency (ANA)
Picture: Timothy Bernard / African News Agency (ANA)
Picture: Timothy Bernard / African News Agency (ANA)
The red carpet is rolled out for Chinese President Xi Jinping’s State Visit. Picture: Timothy Bernard / African News Agency (ANA)

Russia’s Sergey Lavrov touches down in SA to attend BRICS summit

Russian Foreign Affairs Minister Sergey Lavrov arrived in South Africa on Tuesday to attend the BRICS summit in Johannesburg.

Read the full story here.

LOOK: ANC officials to meet with Brazil’s President Lula da Silva

ANC officials to meet with the Brazilian President, Lula Da Silva, on the sidelines of the 15th BRICS Summit in Joburg. The meeting will focus on existing political ties between ANC and Brazil’s governing Workers Party, as well as issues of mutual interest. Picture: Kamogelo Moichela / IOL
ANC officials to meet with the Brazilian President, Lula Da Silva, on the sidelines of the 15th BRICS Summit in Joburg. The meeting will focus on existing political ties between ANC and Brazil’s governing Workers Party, as well as issues of mutual interest. Picture: Kamogelo Moichela / IOL

WATCH: BRICS to weigh expansion plans to include more nations

Xi Jinping to meet Ramaphosa at Union Buildings for South African state visit

People's Republic of China President Xi Jinping is expected to meet with President Cyril Ramaphosa for his state visit at the Union Buildings on Tuesday morning.

The Communist Party of China leader arrived on Monday night and landed at OR Tambo International Airport where and was welcomed by Ramaphosa, International Relation and Cooperation Minister, Dr Naledi Pandor as well as ministers in the presidency.

This marks the fourth state visit by Xi.

Read the full story here.

WATCH: World leaders arrive in Johannesburg for 15th BRICS Summit

Fun things for BRICS Summit delegates to do in and around Joburg

Johannesburg is currently buzzing with world leaders attending the 15th BRICS Summit aimed at strengthening the trade bloc.

Up to 46 heads of state, including African leaders have already arrived in the City of Gold.

If they are looking to catch a break from trade talk, there are plenty of fun activities around the city that one can do.

Read the full story here.

Three things that can make the BRICS currency feasible according to industry expert

One of the key discussions that will be closed at the historical BRICS 2023 summit will be the proposed creation of a new currency.

In a webinar hosted by the Inclusive Society Institute and its chief executive, Daryl Swanepoel, professor William Gumede gave his insights on the matter.

Gumede, who is the associate professor at the Wits School of Governance said it would take a significant amount of time to create a BRICS currency and that the process would be very complicated.

“The Russia-Ukraine war is likely to increase the de-dollarisation of the world. Russia is trying to circumvent Western economic sanctions against it as a result of its conflict.

Read the full story on the three things that can make the BRICS currency feasible according to industry expert here.

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