New BRICS a threat to democracy…

Loading player...
BRICS has taken a “dangerous political direction” with the admittance of new members like Iran and Saudi Arabia. That is the view of the Democratic Alliance’s (DA’s) Shadow Minister for International Relations and Cooperation Emma Louise Powell. She speaks to BizNews following the announcement by President Cyril Ramaphosa today (Thursday 24 August) that BRICS has decided to invite the Argentine Republic, the Arab Republic of Egypt, the Federal Democratic Republic of Ethiopia, the Islamic Republic of Iran, the Kingdom of Saudi Arabia and the United Arab Emirates (UAE) to become full members. Powell says, until this week, the BRICS grouping has been “rather innocuous”, but given the inclusion of countries like Iran and Saudi, she thinks that BRICS is headed in “a rather dangerous political direction that does not serve South Africa's economic security or democratic interests”.  That means that DA “would certainly make representations towards reviewing our membership when the time came”. - Chris Steyn
24 Aug 2023 10AM English South Africa Investing · Business News

Other recent episodes

Corné Mulder says SA could have a new government before 2029

South Africa just joined a short and unflattering list of countries facing individual US visa restrictions, and Freedom Front Plus leader Corné Mulder says he saw it coming from a manifesto launch stage days before it happened. He tells Alec Hogg why he thinks Cyril Ramaphosa's habit of avoiding decisions…
17 Sep 10AM 28 min

GG Alcock says SA's R1-trillion "informal" economy is anything but

South Africa's townships are not a side economy. According to GG Alcock, author of the Kasinomics book series, they're a trillion-rand-plus market that the country's biggest listed companies are already quietly fighting over, from Shoprite's cash-and-carry pivot to Capitec's entrepreneur accounts to Pepkor's handset financing. Alcock, who grew up in…
17 Sep 7AM 49 min

Solly Moeng: BOTH Cyril AND Mashatile are too ill to run the country

In their latest weekly chat, Chris Steyn and Political Commentator Solly Moeng talk about both President Cyril Ramaphosa and Deputy President Paul Mashatile having been declared unfit - because they are too ill - to perform official duties; the US the visa restrictions for certain - still unamed -government officials;…
17 Sep 6AM 16 min