BRICS S.Africa office puts country at the core of regional business - CNBC Africa

BRICS S.Africa office puts country at the core of regional business

Southern Africa

by Trust Matsilele 0

South Africa's Patrice Motsepe handed over the BRICS Business Council chairmanship to Rubens De La Rosa from Brazil. PHOTO: bricspost

Babalwa Ngonyama, chief executive officer of the Black Business Council says the foundation built by the BRICS Business Council in South Africa last year has seen tangible developments.

“We should make sure that we are the gateway to the continent. The regional office puts South Africa at the centre stage especially when people want to go into the continent,” explained Ngonyama.

“We need to ensure we take the centre stage as South Africans and support our partners as they look for opportunities in the continent.”


Ngonyama who also hailed the just-ended BRICS’s sixth annual meetings in Brazil noted that South Africa should develop black industrialists who will manufacture and export local products to the international markets.

“We are not going to sleep to make sure we achieve the goal of inclusive growth and broad participation. We will achieve economic transformation through working with our government and citizens across racial lines,” she said.

Tulsi Tanti, chairperson of India’s Suzlon group hailed the BRICS Business Council stating that he intended to utilise the body as a catalyst to make sustainable development.

Suzlon group has operations in four of the five BRICS nations which are India, Brazil, China and South Africa.

(WATCH VIDEO: India's Suzlon group taps into BRICS nations)

He noted that his organisation saw potential on renewable energy in the South African market which might help build collaborations with local partners.

“The BRICS summit is a good platform for a company like us to share expertise and energy solutions to all the nations within the BRICS so we can leverage sustainable development.”