In South Africa, Bus Rapid Transit systems, which were pioneered to great effect in Latin American countries such as Colombia and Brazil, are being promoted as potentially effective ways of delivering improved public transport services to the urban poor. But experts question whether systems such as these can alleviate poverty to any meaningful extent.
By Kristin Palitza CAPE TOWN, May 24 (IPS) – The reality of Indian and Chinese investment in Africa is much more complex than the good cop, bad cop image of Asia’s two emerging economic giants.
Miriam Gathigah interviews MICHAEL SUDARKASA, chief executive officer of the African Business Group. NAIROBI, May 15 (IPS) – Economic and social growth have become the heart of the development agenda of the bloc of leading emerging economies known as IBSA (India, Brazil and South Africa) since it began focusing less on politics.
By Isolda Agazzi GENEVA, Apr 23 (IPS) – Though the World Trade Organisation (WTO) has long held that trade between African countries is too low, experts at the South Centre, an inter-governmental think tank of developing countries, say intra-continental trade is already significant in manufactured goods and promises a new path to industrialisation.
By Kester Kenn Klomegah MOSCOW, Apr 19 (IPS) – Indonesia’s keen interest in becoming the newest member of BRICS – a bloc of emerging-market nations comprised of Brazil, Russia, India, China and South Africa – has sparked off a round of debate on the future and efficacy of South-South groupings.
By Louise Redvers JOHANNESBURG, Apr 3 (IPS) – South Africa needs to stop agonising over whether it deserves to be in BRICS and start focusing on making the most of its membership to leverage better trade deals.
By Ravi Kanth Devarakonda GENEVA, Apr 2 (IPS) – Trade ministers of the BRICS countries – Brazil, Russia, China, India and South Africa – say that at the G20 trade ministerial summit later this month in Mexico they will try to ensure that attempts by industrialised countries to frame a new trade agenda do not [...]
By Ravi Kanth Devarakonda GENEVA, Mar 30 (IPS) – Brazil and South Africa have experienced a widespread contraction of their manufacturing industries, with the latter suffering massive unemployment as well, thanks to the rampant volatility and misalignment of dominant global currencies like the dollar, trade experts from the two countries say.
By Ranjit Devraj NEW DELHI, Mar 29 (IPS) – At their summit in the Indian capital on Thursday, leaders of the coalition known as BRICS – Brazil, Russia, India, China and South Africa – made several poignant decisions that experts say hint at the converging of economic and political interests of a disparate regional bloc.
By Servaas van den Bosch JOHANNESBURG, Mar 29 (IPS) – South Africa’s membership of the bloc of leading emerging economies and its unique position in Africa heralded the country’s role as a gateway into the African continent. However, trade experts question whether it can live up to this position as investors begin to increasingly look [...]