CAIRO - 1 September 2023: Busi Mabuza, Chairperson of the Business Council of BRICS (Brazil, Russia, India, China, and South Africa), stated at the 15th BRICS summit held in South Africa between August 22-24, that South Africa was among the most enthusiastic supporters of the expansion of BRICS. According to Mabuza, South Africa has particularly encouraged new members since it was the first beneficiary of BRICS expansion. "The move will boost the infrastructure that connects African countries, including the Cairo-Cape Town route that spans many countries, all of which can benefit from this infrastructure," she added. Emphasis on the growth in trade between South Africa and its BRICS partners reflects the importance of regional and international cooperation for boosting the economy. This enhances the importance of diversifying trade and investment partners for South Africa.
