BRICS Archives - Voice of the Cape

US President-elect Donald Trump threatens a 100% increase in tariff hikes on BRICS nations

By Kouthar Sambo US President-elect Donald Trump continues to stress a 100% increase in tariff hikes on BRICS nations should they persist in de-dollarization efforts. This follows Trump’s inauguration as the official president of the US when he spoke to the media during his signing ceremony at the Oval Office. While former US President Joe Biden said the US was in a vulnerable position to be calling the shots, Trump […]

22 January 2025

International News

Indonesia joins BRICS, boosting global south collaboration

Brazil has confirmed that Indonesia will join BRICS as a full member, marking an expansion of the emerging economies bloc. Indonesia, the world’s fourth most populous nation, views BRICS membership as a strategic move to enhance collaboration with other developing countries. This decision, reached by consensus, aligns with BRICS’ expansion goals outlined at the 2023 Johannesburg summit. Professor Christopher Isike, a Professor of African Politics and International Relations at the […]

10 January 2025

International

Nine of 13 nations accepts the invitation to be part of the Global South Bloc with Uganda as the only African country among them

By Kouthar Sambo Nine of 13 nations accepted the invitation to be part of the Global South Bloc with Uganda as the only African country among them. These countries include Uganda, Belarus, Bolivia, Cuba, Indonesia, Malaysia, Thailand, Kazakhstan, and Uzbekistan. Speaking on VOC's PM Drive on Thursday, BRICS expert Mika Kubayi said Uganda's contribution forms part of a collective effort, however, this remains to be seen. "We would have to […]

2 January 2025

International

BRCIS expert: “Countries are free to choose a currency that enhances the development of its people”

By Kouthar Sambo South Africa reacted with a mix of concern and calls for strategic planning following United States (US) elect President Donald Trump’s threats to impose increased tariffs on BRICS nations due to de-dollarization. Speaking on VOC's PM Drive show, BRICS expert Mika Kubayi said nations have already been trading without the dollar and have been doing well for themselves. However, he referred to Trump's threats as "blatant bullying" […]

4 December 2024

Featured

The United States (US) President-elect Donald Trump threatens to impose 100% tariffs on BRICS nations

By Kouthar Sambo The United States (US) President-elect Donald Trump threatened to impose 100% tariffs on a bloc of nine nations if they were to create a rival currency to the US dollar. "The idea that the BRICS Countries are trying to move away from the Dollar while we stand by and watch is OVER," Trump wrote on social media on Saturday. *[The banknote which will replace the dollar] Speaking […]

3 December 2024

International News

Turkey wants to join BRICS after NATO members from Turkey says the process to join is underway

By Kouthar Sambo Turkey wants to join BRICS (Brazil, Russia, India, and China, with South Africa) after NATO members from Turkey said the process to join BRICS is underway. Speaking on VOC's PM Drive on Thursday, the Research Director at the Centre for Africa-China Studies at the University of Johannesburg, Emmanuel Matambo, said the situation comes after the dissolution of the Soviet Union, leaving the United States (US) as the […]

6 September 2024

International

Why Turkey wants to join Brics

Turkey has made a strategic move to join the Brics economic bloc earlier this year, three Turkish officials with knowledge of the matter told Middle East Eye. Brics, an acronym for its early members - Brazil, Russia, India, China, and South Africa - is seen likely by some commentators to dominate the global economy in the coming decades. Often seen as an alternative to the G7, which is led primarily […]

8 June 2024

International

The scramble for the Global South: Foreign domination or self-sufficiency?

The year 2023 has, so far, proven to be an eventful year for the “Global South”, the loose collective of nations with developing, less developed or under-developed economies, which has served more as an abstract idea than a unitary reality until now. When the military coup in Niger took place in July, overthrowing the democratically elected government and installing a military junta, it may have seemed like an unsurprising occurrence […]

29 August 2023

International

Analysis: What do BRICS invitations mean for the Middle East?

Saudi Arabia, UAE look to balance relations between east and west, while Iran, Egypt look to benefit financially. In an era of emerging multipolarity, the BRICS group’s move to expand its membership should come as little surprise – with the Middle East and North Africa (MENA) region not exempt from a possible changing world order. BRICS is made up of Brazil, Russia, India, China and South Africa, and is seen as a counterweight […]

26 August 2023

BRICS

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