• Water shortage

    Climate-related consequences are raising food prices, joblessness, crime, and instability.

  • High food prices

    Mandi Smallhorne looks beyond the weather as the cause for rising food costs.

  • Sars Wars returns

    Allan Greenblo looks at the leadership concerns around the 'Twin Peaks' regulatory model.

All data is delayed
Loading...
See More

Zuma: SA Brics membership key for Africa

May 09 2013 12:55
Sapa

Cape Town - South Africa's membership of the Brics group of countries represents a turning point for Africa and its economic activities, President Jacob Zuma said on Thursday.

Addressing delegates during the opening plenary session of the World Economic Forum (WEF) on Africa, Zuma said countries in Africa had been overlooked too many times when it came to major world events.

"This time around, the Brics links indicate that Africa cannot be bypassed by the events that are changing the landscape economically, socially, and politically in the world."

Zuma said South Africa would represent Africa's more than one billion people through its membership of Brics - a grouping of emerging market countries comprising Brazil, Russia, India, China, and South Africa.

"Africa's attitude to itself and how it should interact towards the world has changed," Zuma said.

One of the major problems Africa faced was finding financing to fund infrastructure development.

Talks between Brics partners and African leaders had been facilitated in this regard, he said.

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

jacob zuma  |  cape town  |  brics  |  wef africa

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
5 comments
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

SMALL BUSINESS

Marketing is a big concern in SA's small business community, followed by a lack of confidence and partnering with the wrong people, according to a survey.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

The regulation of WhatsApp and other OTTs is:

Previous results · Suggest a vote

Loading...