Aug 24

BRICS nations poised for global financial system reform

South African President Cyril Ramaphosa says the BRICS countries are ready to tackle reform in the world’s financial systems. The New Development Bank established by BRICS member countries is part of a constructive plan to be less dependent on the dollar. Ramaphosa says discussions were held on local currency trading and alternative payment systems. Here is the Chairperson of the Economic Association of Namibia, Jason Kasuto.