This week's 10th Brics Summit, hosted by President Cyril Ramaphosa, took place at a crucial moment in global geo-economic, geopolitical and geostrategic affairs. The global trade war unleashed by US President Donald Trump has a direct impact on all the Brics nations. The summit was a crucial strategic moment for Ramaphosa as he seeks to consolidate his home base and deliver on his $100-billion (R1.3-trillion) target of investment over five years. The local economy received a huge boost from $1-billion in investment by the New Development Bank and about $15-billion from China alone. This was after recent $20-billion investment commitments from Ramaphosa's expedition to Saudi Arabia and the United Arab Emirates. But more needs to be done by more role-players to drive inclusive, job-rich growth. There are things the president and things business leaders must do.There are three key things that Ramaphosa must to do to reset the economic growth trajectory. First, business and the ratings ...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.