Entries by brics_admin

Brazil stocks rally

Few weeks ago the Brazilian  market was uncertain due to presidential candidate Jair Bolsonaro, the Brazilian Real also depreciated in value as well. Brazilian shares are now rallying and do not seem  to be slowing down anytime soon, with increased expectation on earnings. Today the ibovespa the benchmark index for 60 stocks that are traded […]

Africa code week 2018

Africa Code Week is initiative designed to help with the development of digital literacy and computer coding skills for children across Africa, using private, public and non-profit partners to push for sustainable learning in Africa. According to africacodeweek.org, the  Africa Code Week was founded by SAP in 2015 in order spur on social investment and […]

China opens world’s longest sea bridge

China opened the world’s longest sea bridge, connecting Hong Kong and the Chinese mainland. The 55 km long bridge took nine years to build and cost almost $20 billion. The sea crossing bridge required a creation of two artificial island in order to be completed. The bridge also travels through the Pearl River delta in […]

China has the highest credit rating among BRICS

Among BRICS (Brazil, Russia, India, China and South Africa), China banks have the strongest credit profile, according to Moody’s investor service in a report published on Monday. As per the report, Russian banks have the weakest profile among members of the coalition. China banks have the highest asset-weighted average Adjusted BCA (Baseline Credit Assessment) among […]

India sees growth in digital payments

India citizens are starting to use digital paying platforms more – as aided by the support of  government policies. India Supreme Court recently ruled that the Aadhaar and lack of infrastructure, such as pay point-of-sale terminals, may slow the rise of digital payments. Digital payments have grown increasingly in the country. According to livemint.com, between […]

Chinese tech company, ZTE to lead 5G testing in South Africa

ZTE South Africa a subsidiary of ZTE Corporation has disclosed that ZTE the major international provider of telecommunications, mobile internet and consumer Technology company, has taken the leadership position in China’s third phase 5G research and development testing. ZTE is the first telecommunications company in South Africa to complete standalone test at 3.5GHz as well […]

BRIC fashion designers to participate in the 2018 SA Fashion Week

Brazil, Russia, India and China fashion designers will be participating in the 2018 South Africa Fashion week (SAFW). Celebrating 21 years of fashion, the autumn and winter Fashion Week will take place at Sandton City from 23-27 October.  Up and coming designers, BRIC designers and South African famous designers will be showcasing their collections. Here […]

Putin praises Russia-China relations

Russia’s President Vladimir Putin and Yang Jiechi a member of the Communist Party of China (CPC) Central Committee Political Bureau, had meeting last Thursday at the Valdai International Discussion Club. The Russian President after the meeting express his excitement with how the China-Russia relations are advancing and developing. Vladimir Putin said that Russia is working […]

BRICS Network University can foster Fourth Industrial Revolution hopes – South African Minister of Higher Education

South African Minister of Higher Education, Naledi Pandor says she is going to ask the country’s National treasury for more funds in addition to the funds made available to equip with skills for the fourth industrial revolution (4IR). It was recently announced that SA’s technical and vocational training would get US$176 million in funds to […]