Tag: BRICS
Eastward Bound: Africa at Crossroads of New Global Economic Order
Economic leadership that was long concentrated in the West has decisively shifted towards emerging economies, whereby this historic global shift in trade and power is ... Read More
Africa rises as India’s manufacturing lifeline amid U.S. tariff shock
Africa is emerging as a key manufacturing hub for Indian companies, as record-high U.S. tariffs — now up to 50% — threaten India’s export competitiveness, ... Read More
South Africa launches probe into Russian recruitment of young women for drone plant
South African authorities have launched a formal investigation into a Russian recruitment drive targeting young South African women, amid growing concerns that advertised job opportunities ... Read More
South Africa emerges as BRICS automotive powerhouse amid global trade shifts
South Africa is fast becoming the new battleground for global automakers, with Chinese and Indian car manufacturers racing to establish a stronghold in Africa’s most ... Read More
S.Africa slams U.S. tariffs as ‘desperate empire’s last kicks’ amid wider African pushback
South African Mineral Resources Minister Gwede Mantashe has sharply criticized the 30% tariffs imposed by the U.S. on South African exports, calling them a symptom ... Read More
AID or arm-twist? — EU migration policy sparks backlash across Africa
A sweeping shift in the European Union’s migration policy is drawing fierce criticism across Africa, as the EU proposes linking development aid to countries’ cooperation ... Read More
G20 Finance Talks in Durban Target Global Financial Reform
G20 member States, under the leadership of South Africa’s 2025 presidency, are convening in Durban with the hope of reaching a consensus on urgent global ... Read More
AES charts a new path, but currency dreams face reality check
In a dramatic pivot away from traditional regional alliances, Mali, Burkina Faso, and Niger have deepened their collaboration under the Alliance of Sahel States (AES), ... Read More
China deepens ties with South Africa, Saudi Arabia in pushback against U.S. tariff escalation
As tensions surge between the world’s two largest economies, China is ramping up its global diplomacy, holding strategic talks with Saudi Arabia and South Africa ... Read More
Experts urge African nations to shift to local currencies for trade and transactions
Experts at a recent 57th Conference of African Ministers of Finance emphasized the need for African governments to prioritize local currencies for trade and transactions. ... Read More