The promise of BRICS was that it would usher in a new approach to development. But after meeting annually for the last nine years there's no sign that the old order has been challenged.
The idea that South Africa must look towards the International Monetary Fund to rescue itself from the prevailing crisis must be dismissed.
Despite financial crises and political differences among these five emerging economies, the BRICS coalition is here to stay. And it may just change the world.
The strategy of Brazil, Russia, India and China towards African development seems to be muddled with selfish national interests. Their focus is on areas critical to the growth of their economies.