42

of the world’s population (3 600 000 000 people live in BRICS countries)

26

of the world’s territory

30

of the Global GDP account for approximately 30% of global GDP, which is projected to surpass the size of the G-7 economies by mid-century.

WHO WE ARE

The BRICS Business Council was established during the Fifth BRICS Summit held on 26th – 27th March 2013 in Durban, South Africa. The objective of creating the council was to constitute a platform which will promote and strengthen business, trade and investment ties amongst the business communities of the five BRICS countries, ensure that there is regular dialogue between the business communities of the BRICS nations and the Governments of the BRICS countries; and identify problems and bottlenecks to ensure greater economic, trade and investment ties amongst the BRICS countries and recommend solutions accordingly.

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Our Partners

SA CHAPTER OF THE BRICS BUSINESS COUNCIL

Ms Busi Mabuza (Chair)

Board Chairperson
IDC

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Dr Ayanda Ntsaluba

Executive Director Discovery Limited

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Mr Elias Monage

Executive Chairperson
Afika Group

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Ms Phuthi Mahanyele-Dabengwa

SA Chief Executive Officer
Naspers Ltd

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Dr. Stavros Nicolaou

Senior Executive Director
Aspen Pharmacare

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To constitute a platform that will promote and strengthen business, trade and investment ties amongst the business communities of the five BRICS countries by:

1. Advocating the value of BRICS to all stakeholders

2. Fostering regular dialogue between the business communities and Governments of the BRICS nations and all other stakeholders

3. Identifying problems and bottlenecks to greater economic, trade and investment ties amongst the member countries and recommending solutions

4. Advancing South Africa’s brand internationally

5. Assisting in fostering a relationship with Government that creates a regulatory environment conducive to strengthening and promoting economic, trade, business and investment ties

Our Value Proposition

Business Representation and Alignment

  • Council and WG leaders nominated by Apex Business Associations
  • Issues tabled at WG level are tested with Sector bodies
  • Broad participation of business and business institutions in Working Groups

Trade and Investment Promotion (in partnership with TISA)

  • More and better targeted trade missions
  • Greater visibility of investment pipeline and project promotion
  • Building intra-BRICS sector networks
  • Access point to Government to unblock challenges

Government-Business Partnerships

  • • Business Advisory role on policy issues that impact on trading environment
  • Development and Implementation of a Portfolio of Flagship Projects which require significant Government support and participation
  • Participation in Government driven initiatives to ensure alignment with business needs

Learning, Knowledge Sharing and Advocacy

  • Understanding how other BRICS countries approached common development challenges confronting business and develop recommendations