A recent report has shown that a total of 134 countries including BRICS states or 98% of the global economy are exploring ...

NATO member Turkey’s intention to join the 9-member body that functions as an alternative to the Western-led order shows ...

The New Development Bank, founded by the BRICS group of developing countries, approved a loan of as much as $1 billion to help develop water and sanitation infrastructure in South Africa. The ...

and the World Bank. The possibility of BRICS nations trading in their own currencies, bypassing the US dollar, is a scenario that could have far-reaching consequences for the global financial system.

South Africa's central bank struck a measured tone after its first rate cut in more than four years on Thursday, saying ...

Sri Lanka's Cabinet of Ministers has approved the proposal of the country applying for membership of the BRICS organization ...

South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism. Join ...

Junta launches BRICS bid, scrambles to resurrect poll plan amid flood, admits shock at disaster scale, and seeks Chinese ...

THE New Development Bank, sometimes referred to as “NDB” or “the BRICS Bank” and the South African government hosted the Ninth Annual Meeting of the NDB Board of Governors in Cape Town ...

Algeria has been approved for membership in the BRICS New Development Bank (NDB), the country’s finance ministry has announced. The decision was taken on Saturday and announced by NDB chief ...

The NDB was created in 2015 by Brazil, Russia, India, China and South Africa (BRICS countries) who each contributed $2 billion to the bank’s equity capital and each own a 20% stake. The goal of ...

South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism. Join ...