Energy security will be one of the key focal points for South Africa at the BRICS Summit which kicks off in Johannesburg on Tuesday. SA, China look to strengthen energy cooperationRamokgopa is expected to meet with representatives from China State Grid, TBEA, China National Electricity Engineering Company and CNG. This year marks the 25th anniversary of diplomatic relations between China and South Africa. She is now president of the BRICS Bank. BRICS bank issues ZAR bondOn 15 August 2023, the BRICS bank – the New Development Bank (NDB) – successfully issued its debut ZAR bond in the South African bond market, becoming the highest-rated issuer to issue in this market since 2015.

Source: The North Africa Journal August 22, 2023 12:09 UTC