Continuously Benefiting from BRICS Cooperation - Interview with the rotating chairman of the BRICS Business Council, Busi Mabza BRICS | China | Council

Release time:Apr 15, 2024 06:59 AM

Recently, Busi Mabza, the rotating chairman of the 2023 BRICS Business Council and Chairman of the South African Industrial Development Corporation, stated in an interview with Economic Daily that the global influence of BRICS countries is constantly increasing, and the business community continues to benefit from BRICS cooperation. Looking ahead to the future, the business community is the driving force for BRICS countries to achieve sustainable development and should strengthen exchanges and cooperation to benefit developing countries.

This year marks the 10th anniversary of the establishment of the BRICS Business Council. "Looking back at the past 10 years, we are proud of our own work," Mabza said. "Over the past 10 years, the BRICS countries have become the main driving force of global economic growth and continue to play a pillar role in the 'global southern' countries.". Through the nine industry working groups established by the BRICS Business Council, businesses from various industries in the BRICS countries continue to benefit from BRICS cooperation. The business community of BRICS countries should become a core driving force for common and sustainable development, bringing tangible dividends to each other.

In recent years, the BRICS Business Forum has become an important supporting event for BRICS leaders' meetings. As the organizer of the 2023 BRICS Business Forum, Mabza introduced South Africa's considerations for cooperation in the BRICS business community to reporters. Currently, the development of BRICS countries is facing both opportunities and challenges. As the rotating presidency of the BRICS countries, South Africa regards energy cooperation as the most critical area, aiming to build a platform for communication and cooperation in the energy field for enterprises, governments, and academia, and promote BRICS countries to achieve energy equity and fair transformation. In addition, skills education, unleashing the potential of the African continent's free trade zone, and post pandemic sustainable development are also priorities for this year's BRICS cooperation.

As the Chairman of the South African Industrial Development Corporation, a national development financial institution in South Africa, Mabza's job is to attract foreign investment and enhance South Africa's industrialization level. Currently, South Africa's exports are still dominated by primary products, with a relatively single trade structure. When it comes to promoting trade diversification in South Africa, Mabza stated that the South African government will improve its visa system, increase energy supply reliability, and resolutely combat criminal behavior, in order to give investors confidence, attract more foreign investment into South Africa's industrial sector, and increase the added value of South African exports. "Fortunately, the BRICS partners did not see the problems facing South Africa as investment barriers, but instead saw them as opportunities for cooperation and worked together with South Africa to solve related problems."

Mabza stated that China is a crucial participant in BRICS cooperation, and its economic scale brings many opportunities to its trading partners. In addition, China's energy technology development level is at the forefront of the world, providing valuable support for South Africa to cope with the electricity crisis. Investment from China has created employment opportunities and improved infrastructure for South Africa, as well as raised the technological level of relevant industries in South Africa.

Currently, more and more countries are applying to join the BRICS cooperation mechanism. "After South Africa officially joined the BRICS countries in 2010, we have a deep understanding of the dividends brought by BRICS cooperation." Mabza said that the BRICS has brought us many opportunities, allowing us to engage with the world's largest and fastest growing emerging economies.

As the rotating presidency of the BRICS countries in 2023 and the country with the strongest comprehensive national strength on the African continent, South Africa is committed to promoting the African economic agenda in the BRICS mechanism and is willing to further strengthen cooperation between the BRICS and Africa. Mabza introduced that food security is an important challenge currently faced by African countries and developing countries. The Agricultural Economy Working Group of the BRICS Business Council is not only working to ensure fertilizer supply, but also coordinating technology transfer in the agricultural field. "If the BRICS countries provide sufficient technological and financial support to Africa to prevent food security threats, I believe this will be a huge victory for BRICS cooperation," said Mabza.

Two women were stabbed to death and reported to have committed a crime 4 days before the follow-up visit for schizophrenia. Suspect of a bloody murder case in a Hong Kong shopping mall appeared in court today. Male | Last Friday | Murder case
Two women were stabbed to death and reported to have committed a crime 4 days before the follow-up visit for schizophrenia. Suspect of a bloody murder case in a Hong Kong shopping mall appeared in court today. Male | Last Friday | Murder case

According to Hong Kong's Wen Wei Po, a bloody knife stabbing case occurred at Hollywood Square in Diamond Hill last Friday. The police arrested a 39 year old man on suspicion of stabbing two young women, one of whom was stabbed over 30 times. The suspect appeared in the Kwun Tong Magistrates Court this morning. The police at the Kwun Tong Magistrate's Court temporarily charged the suspect with two counts of murder last Sunday. The suspect appeared in court this morning at the Kwun Tong Magistrate's Court. Acting Chief Magistrate Zheng Jihang, after listening to the opinions of both the prosecution and defense, decided to postpone the hearing for two weeks until 9:30 am on June 19th, waiting for two psychiatric expert reports to be obtained. The defense did not object. Zheng Jihang approved the application, and the defendant needs to be temporarily detained at Xiaolan Mental Hospital. When the suspect appeared in court, he wore black framed glasses, a light gray shirt, and camouflage green shorts, and was able to answer the judge's questions normally. accordingly

Secretary of the Provincial Party Committee: The focus of Henan's "summer harvest" has shifted to agricultural machinery in the northern region of Henan Province. | Support | Science | Organization | Province | Northern Henan | Summer Harvest | Rush Harvest
Secretary of the Provincial Party Committee: The focus of Henan's "summer harvest" has shifted to agricultural machinery in the northern region of Henan Province. | Support | Science | Organization | Province | Northern Henan | Summer Harvest | Rush Harvest

Currently, the highly anticipated summer harvest work in Henan has shifted its focus to the northern region of Henan. According to the Henan Daily client, on June 4th, Lou Yangsheng, Secretary of the Henan Provincial Party Committee, presided over a special video scheduling meeting on the "Three Summers" work in the province, listened to the situation report, analyzed and judged the situation, and arranged and deployed the next steps of work. Governor Wang Kai made specific arrangements. On the evening of May 31, 2023, in Xiafutou Village, Xuliang Town, Boai County, Jiaozuo, Henan Province, villagers braved light rain in the wheat fields to harvest wheat. Visual China Map Lou Yangsheng pointed out that the current summer harvest battle in the province has entered the decisive stage. Doing a good job in summer harvest in northern Henan Province is related to the summer grain yield and seed safety. We should focus on seizing opportunities and make every effort to organize the wheat harvesting work in the northern Henan region, minimize losses, and protect the interests of farmers to the greatest extent possible. Accurate forecasting is essential

Xinhua All Media+| Welcome home! What innovative technologies are protecting the return journey of Shenzhou 15? Spaceship | Shenzhou | Technology
Xinhua All Media+| Welcome home! What innovative technologies are protecting the return journey of Shenzhou 15? Spaceship | Shenzhou | Technology

On June 4th, the return capsule of the Shenzhou-15 manned spacecraft successfully landed at the Dongfeng landing site. Astronauts Fei Junlong, Deng Qingming, and Zhang Lu all safely and smoothly exited the spacecraft, and the Shenzhou-15 manned flight mission was a complete success. What innovative technologies are there to safeguard the return journey of Shenzhou 15 in this mission? On June 4th, the return capsule of the Shenzhou-15 manned spacecraft successfully landed at the Dongfeng landing site. Xinhua News Agency reporter Lian Zhen photographed that "the sky and the ground" ensure the high-precision return of spacecraft. For the Shenzhou series spacecraft, the return and re-entry GNC technology is directly related to the life safety of astronauts. Taking the success of this return mission as a symbol, China has comprehensively upgraded its GNC system since the Shenzhou-12 manned spacecraft, which features autonomous rapid rendezvous and docking, autonomous adaptive prediction and re-entry return guidance, and has completed a comprehensive update and replacement

The Chinese naval fleet has arrived! Assembly | Navy | Chinese Fleet
The Chinese naval fleet has arrived! Assembly | Navy | Chinese Fleet

At noon today, a Chinese naval fleet consisting of Zhanjiang and Xuchang ships arrived at the assembly area of the "Comodo-2023" multinational maritime joint exercise. It is understood that the assembly anchorage for this exercise is 3 nautical miles long and 1.5 nautical miles wide, capable of anchoring up to 50 ships. Naval vessels from various countries participating in the exercise will also arrive at the anchorage today to complete the assembly of the "Komodo 2023" multinational maritime joint exercise, which is held every two years by the Indonesian Navy. This year is already the fourth edition of the exercise. The exercise will be held from June 5th to 8th in the city of Jakarta, South Sulawesi Province, Indonesia, including the port and sea phases. In the coming days, participating navies from various countries will participate in ship reading style search and rescue exercises, maritime interception and damage management exercises, aerial exercises, and other course objectives exercises

New comment: Donkey like "morale" limit pulls US debt "bomb" fuse hard to dismantle US | debt | morale
New comment: Donkey like "morale" limit pulls US debt "bomb" fuse hard to dismantle US | debt | morale

On the evening of June 1st, the US Senate passed a bill on the federal government's debt ceiling and budget, and the flame of the US debt bomb was temporarily extinguished at the last moment. The two parties in the United States have staged an extreme tug of war over the US debt bomb. Some experts believe that the US debt crisis is the result of the reckless politics promoted by the US dollar hegemony, and the underlying cause of this crisis is the highly polarized political system of the US. Since the end of World War II, the US Congress has adjusted the debt ceiling more than a hundred times. The recurring debt crisis will not only have a catastrophic impact on the US economy and people's livelihoods, but also continuously erode the value of US dollar assets such as government credit and US bonds, bringing significant and far-reaching impacts to the global economic landscape. 【