The South African economy just narrowly escaped a credit rating downgrade but it is not in the clear yet.
South Africa is breathing a sigh of relief after escaping a credit rating downgrade. But there are still serious concerns around structure of the country's economy and finances.
The leaders of Brazil, Russia, India, China and South Africa at the BRICS summit in Goa, India. Brazil’s position is shaky.
Brazil's place within the BRICS bloc is becoming questionable. Since the new President Michel Temer took over, Brazil's foreign policy has shifted away from BRICS ideals to favour western interests.
Trump’s victory threatens to unleash stronger prejudice against minorities.
The United States under the leadership of Donald Trump is expected to pursue isolationist policies which could hurt Africa.
Three researchers examine the big challenges of urban development: from city leadership to lock-ins.
Brazil’s President Michel Temer, Russian President Vladimir Putin, Indian Prime Minister Narendra Modi, Chinese President Xi Jinping and South African President Jacob Zuma.
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.
Challenging times for some BRICS countries.
BRICS is slowly being written off as a bloc that can administer coherent political action.
One of the major benefits for BRICS is economic cooperation.
BRICS goes into its eighth summit with lots of hurdles. Sanusha Naidu consideres its future prospects.
Former Reserve Bank of India Governor Raghuram Rajan. He left the job after concerted political attacks.
Attacks on the South African Reserve Bank and events in India that led to the exit of the governor of the country's central bank are a warning that banks aren't immune from political meddling.
South Africa’s economy isn’t growing. Solutions are within its grasp.
The South African Reserve Bank has forecast zero percent growth for 2016. Some urgent steps are needed to get the country out of this hole.
South Africa's response to the country's economic woes has amounted to little more than band-aid treatment. Government must do more to set the economy on a solid growth path.
BRICS leaders at a meeting ahead of the G20 summit in Turkey in 2015.
REUTERS/Mikhail Klimentyev/RIA Novosti/Kremlin
The BRICS bank is positioning itself to play a significant role in those areas in which the international financial institutions are seen to have failed.
EPA/Fernando Bizerra Jr
Brazilian politics may be in turmoil but its economy is due an upswing.
There’s an old joke about Brazil that suggests that it’s the country of the future – and it always will be. For a while this looked to be an anachronistic, possibly racist stereotype that had been decisively…
Former Brazilian president Lula da Silva’s development aid programme has fizzled out.
Lula led an unprecedented shift in the country’s foreign policy towards the global South. He also helped elevate Brazil to the status of a global player. But, six years on, disillusionment reigns.
The Chinese and South African governments, led by presidents Xi Jingping and Jacob Zuma, cement ties during a meeting at the Great Hall of the People in Beijing.
When it comes to the global political economy, no one "talks left and walks right" more than China, a dominant player in global capitalism. South African and Chinese aspirations have much in common.
Closed for business.
The Shanghai composite index is proving to be one of the most volatile markets in the world and government regulation is having some unforeseen effects.
China's economy is stuttering and the slowdown is set to continue.
US Federal Reserve Chair Janet Yellen and European Central Bank President Mario Draghi have seen quantitative easing pay off, but what about on the way out?
The biggest factor behind the recessionary trend is not the Chinese market, austerity budgets, or even the threat of higher US interest rates this year.
EPA/Rolex Dela Pena
The Chinese stock market plays a very different role in its economy to Western markets.
China's slowdown will cast a long shadow for global economic growth from the Americas to Australia.