CAPE TOWN - South Africa Trade and Industry Minister Rob Davies on Tuesday announced the newly appointed South African Brics Business Council which is set to promote and strengthen trade and investment ties among the BRICS countries.
The BRICS countries are Brazil, Russia, India, China, and South Africa.
The new BRICS Business Council is made up of five members with extensive business experience, both locally and internationally. Busi Mabuza, Dr Ayanda Ntsaluba, Bridgette Radebe, Dr Stavros Nicolaou and Elias Monage make up the SA BRICS Business Council which replaces the previous council which was established during the fifth BRICS summit held in March 2013 in Durban.
The appointments follow engagements between the department of trade and industry and organised business, following the minister's request that members of the new Council be nominated from structures within the two apex business associations, the Black Business Council and Business Unity South Africa.
"It is imperative that the SA BRICS Business Council is located within the ambit of organised business in South Africa and is appropriately representative and accessible to all business," said Davies.