IDC chair Busi Mabuza named new Brics Business Council head

Minister of Trade and Industry Rob Davies announced on Tuesday that Busi Mabuza would head up the new Brics Business Council. 

Mabuza is the chair of the Industrial Development Corporation. 

• Subscribe to Fin24’s newsletter here 

The five new members of the council are 

• Busi Mabuza (IDC); 

• Ayanda Ntsaluba (Discovery); 

• Bridgette Radebe (Mmakau Mining); 

• Stavros Nicolaou (Aspen Pharmacare); and 

• Elias Monage (Afika Group).  

The council, established in 2012, aims to promote and strengthen business, trade and investment ties between the five Brics countries. 

The previous chair of the SA council was Iqbal Survé of Sekunjalo.