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South Africa

This tag is associated with 7 posts

China’s future in Africa


China has great goodwill in Zimbabwe, South Africa and other African countries. However, a spokesperson for the Chinese Foreign Minister may have jeopardised that by offering praise for the recently deceased Robert Mugabe. Mugabe had become as hated in Zimbabwe as Castro was in Cuba. Chinese investors in Zimbabwe or South Africa rely heavily on … Continue reading

Cadence of Conflict: Asia, October 17, 2016


China expanded its network this week. The focal point was the BRICS summit. But, China also expanded its network into Space, sending Shenzhou 11 to the Tiangong 2 Space laboratory. Meanwhile, back here on Earth, China’s solar, trade, and finance network expanded into roads with India, fighting terrorism with Russia, and world peace with South … Continue reading

China pledges $60 billion in funding support to Africa


Chinese President Xi Jinping announced Friday that the country will pledge a new round of funding support to Africa‘s development, worth $60 billion. Analysts had wondered if the pace of Chinese investment in Africa would slow, particularly in infrastructure projects, because of the slowing growth of the Chinese economy. The announcement, however, seems to indicate … Continue reading

BRICS countries find it hard to run as a herd: Brazil, Russia, India, China, South Africa


At a summit in South Africa on Wednesday, Vladimir Putin likened the BRICS nations – Brazil, Russia, India, China and South Africa – to Africa’s “Big Five” game beasts of trophy hunting lore – the lion, elephant, buffalo, leopard and rhinoceros. The Russian president’s comparison captures the dilemma of these muscular emerging global powers, which … Continue reading

Nigeria warns Africa to view China as a competitor and beware of it’s imperialism


Africa must shake off its romantic view of China and accept Beijing is a competitor as much as a partner and capable of the same exploitative practices as the old colonial powers, Nigeria‘s central bank governor has warned. Reflecting the shifting views of a growing number of senior African officials who fear the continent’s anaemic … Continue reading

In Africa’s warm heart, a cold welcome for Chinese


Malawians bill their country as the “Warm Heart of Africa” and pride themselves on a reputation for friendliness. But Jaffa Shaibu, a burly 32-year-old merchant in a clothes market in Salima, a dusty town near the shores of Lake Malawi, feels less than welcoming to the Chinese traders who have moved in over the past … Continue reading

BRICS Countries Consider Central Bank


The fourth annual BRICS summit, to be held in New Delhi on Thursday, will cover a wide range of topics of interest to member countries Brazil, Russia, India, China and South Africa. One of the topics for discussion will be the idea of a multilateral bank funded by developing nations for the purpose of encouraging … Continue reading

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