Wednesday, 27 March 2013

Bricks summit 2013

It is not easy to follow such a big event like the 'brics summit 2013' when you are not in the scene of the event, live. The interest in the economic growth of the country started during the war between president Jacob Zuma and former president Thabo Mbeki in 2007, ever since then the career path is dependent to growth of the industrial economic strength and a level of academic advancement. We saw the Black Economic Empowerment (BEE) being launched and other numerious economic enpoerments that have been established by the new government to regain economic equality for all, when you see such initiatives that envolves powerful countries like China, Russia, Brazil and India coming together and involving our country in the process it arouses positive impulses in ones cognitive thinking towards the future of the country. Unemployment, Corruption, Sin, Crime and Poverty are the core of every state issue raised because not long ago it was the state of the nation address, Oscar Pistorius's shooting, the marikana trial and the Inkandla mension. Recently South Africa soldiers were killed by rabels in central Africa and South Africa has signed a deal with Russia to let Russia park their big birds on our backyard, for as long as thier soldiers are keeping peace in central Africa. in a local  radio interview and phoned in caller commented negatively about the relationship between SA and Russia "Russia does not really care about the South African economy they only in it for gain and to secure a military base in the country" that was the caller expressing his view on air. The brics summit beats all my current interest in goverment initiatives, because for first time i can analys things clear. As this summit ends today it assures that this is the start for a long-term business relationship between the five countries, setting levels for other African countries South Africa claims that their aim is to also assist its counter-parts as most of the countries investments are in the continent.
The creation of a brics bank seem to be at focus in the summit, this will shift the focus fro the world bank and i could America might not like this!

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