South Africa rejects brickbats thrown at Brics development bank

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South Africa rejects brickbats thrown at Brics development bank

Post  Sirop14 on Thu Jan 15, 2015 7:53 pm

South Africa rejects brickbats thrown at Brics development bank
11/10/2014 | Thierry Ogier
The five emerging economies that make up the Brics grouping have come out on the offensive against criticism of their proposed new development bank

http://www.emergingmarkets.org/Article/3389504/South-Africa-rejects-brickbats-thrown-at-Brics-development-bank.html

BRICS is an international political organisation of leading emerging economies, arising out of the inclusion of South Africa into the BRIC group in 2010. As of 2011, its five member countries are Brazil, Russia, India, China and South Africa. Kennith has identified enormous potential for investment in the BRICS economies, and through his extensive international network of reputable business contacts, possesses insight that is second to none regarding valuable investment channels in BRICS emerging countries
http://www.bricsinvestments.com/about.html



Brics bank 'will boost Africa's infrastructure drive'
http://www.southafrica.info/global/brics/

BRICS S.Africa office puts country at the core of regional
http://www.cnbcafrica.com/news/southern-africa/2014/07/23/business-council-babalwa-ngonyama-brics/

Sirop14

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BRICS from below: counterpower movements in Brazil, India and South Africa

Post  Sirop14 on Fri May 01, 2015 9:21 pm

BRICS from below: counterpower movements in Brazil, India and South Africa

While movements in Brazil and South Africa have been fueled by unrealized socio-economic expectations and by explosive growth in India, what they have most in common is the subordination of democracy to money.

https://www.opendemocracy.net/patrick-heller/brics-from-below-counterpower-movements-in-brazil-india-and-south-africa


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South Africa's currency tumbles on credit rating cut

Post  Sirop14 on Wed Apr 05, 2017 6:43 am

South Africa's currency tumbles on credit rating cut
FRANCE 24 - ‎20 hours ago‎
Subscribe to France 24 now: http://f24.my/youtubeEN FRANCE 24 live news stream: all the latest news 24/7 http://f24.my/YTliveEN The South African rand has .

Economists: Govt will have less money for critical services after downgrade
Eyewitness News - ‎Apr 3, 2017‎
Economists say this news was expected but it is still a huge shock because of the implications for our economy. FILE: A Standard & Poor's document.
http://ewn.co.za/2017/04/04/economists-govt-will-have-less-money-for-critical-services-after-downgrade

A vote of no confidence could make things worse News24
http://www.news24.com/Columnists/MelanieVerwoerd/a-vote-of-no-confidence-could-make-things-worse-20170405

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Why South Africa's Steinhoff Could Be Next Enron: QuickTake Q&A

Post  Sirop14 on Tue Dec 19, 2017 7:09 pm

Why South Africa's Steinhoff Could Be Next Enron: QuickTake Q&A
It could wind up being South Africa’s version of the Enron accounting scandal. Furniture retailer Steinhoff International Holdings NV captivated investors by growing into a global force, latterly under its billionaire chairman, Christo Wiese. Now it’s drawing attention for all the wrong reasons. Shares in Steinhoff crashed 80 percent in two days after the company reported accounting irregularities that stretch back to 2016. Wiese has stepped down, Chief Executive Officer Markus Jooste has resigned and the company is looking for leniency from its creditors.
https://www.bloomberg.com/news/articles/2017-12-19/steinhoff-fights-lawsuits-in-three-countries-as-crisis-continues


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