New BRICS council announced

Cape Town, South Africa (PANA) – South Africa's Trade and Industry minister, Rob Davies on Tuesday announced the appointment of a new guard at the helm of the BRICS Business Council. 

The council was established during the Fifth BRICS Summit held in Durban in 2013. The objective of creating the council was to constitute a platform which will promote and strengthen business, trade and investment ties among the business communities of the five BRICS countries.

“It is imperative that the South African BRICS Business Council is located within the ambit of organised business in South Africa and is appropriately representative and accessible to all business,” Davies said.

The new council is made up of five members with extensive business experience locally and internationally. They are Busi Mabuza, Dr Ayanda Ntsaluba, Bridgette Radebe, Stavros Nicolaou and Elias Monage.

Mabuza, the new chair, is committed to taking forward South African business interests through the council’s activities.  This would include playing a facilitating role in expediting Business to Business (B2B) interactions between the BRICS member states to support increased trade, investment and business engagement. 

South Africa is currently the global Chair of the BRICS Business Council, which will be handed over to Brazil, at the BRICS Business Council Midterm Meeting in April in Johannesburg.  

CAPTION: Newly appointed members of BRICS Business Council, sitting from left: Busi Mabuza (Chair), Minister Rob Davies and Bridgette Radebe. Standing from left: Elias Monage, Ayanda Ntsaluba and Stavros Nikolaou.

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