Zimbabwe is leveraging its fast-growing mining sector to drive a major energy transformation, with plans to channel more than US$9 billion into new power generation projects by 2030. This is reported by The Herald, a partner of TV BRICS.  The strategy, outlined by Energy and Power Development Minister July Moyo at the Africa Down Under Mining Conference in Perth, will see the country expand capacity to 5,432MW, nearly half of it from renewable sources, with 70 per cent of the…

South Africa’s economy posted a modest recovery in the second quarter of 2025, with gross domestic product (GDP) growing by 0,8% between April and June, Statistics South Africa announced on Tuesday.The growth comes after a sluggish 0,1% increase in the first quarter, and offers some relief for an economy still battling structural weaknesses, load shedding, and global market volatility. Key Drivers of Growth The manufacturing industry was one of the main drivers of growth, expanding by 1,8% and contributing 0,2…

Thani bin Ahmed Al Zeyoudi, the UAE Minister of Foreign Trade, met with representatives of the South African Business Council in the UAE to review opportunities to expand trade, investmentб and private sector collaboration between the two countries. This is reported by Emirates News Agency (WAM), a partner of TV BRICS. Discussions noted that the UAE’s non-oil trade with South Africa reached US$8.5 billion in 2024, a 14 per cent increase compared to 2023 and a 120 per cent rise…

Zimbabwe is witnessing a surge of interest from Indian investors across strategic sectors following recent business discussions in New Delhi. According to the Indian Ambassador to Zimbabwe, investments from India in the country now exceed US$600 million, spanning food processing, mining, textiles, agricultural equipment, and polymers, creating direct and indirect employment for up to 15,000 people. This is reported by ZBC, a partner of TV BRICS. Notably, two major agreements are already in motion: India’s rail engineering company will supply…

Colombia has reaffirmed its commitment to advancing South–South cooperation by positioning Ethiopia as a key partner and strategic entry point to African markets. This is reported by the Fana Media Corporation (FMC), a partner of TV BRICS. Speaking at a high-level business roundtable in Addis Ababa, Vice Minister for Foreign Trade, Felipe Quintero Suarez, announced the reopening of Colombia’s diplomatic mission in Ethiopia and highlighted ongoing bilateral efforts around air services, visa facilitation, and trade and cultural cooperation.  The roundtable…

TV Trade between Egypt and the United Arab Emirates (UAE) has experienced a dramatic surge, reaching US$4.8 billion in the first half of 2025. This represents a 77.7 per cent increase compared to the US$2.7 billion recorded during the same period in 2024, as reported by Daily News Egypt, a partner of TV BRICS. The announcement coincided with a visit to Cairo by UAE President Mohamed bin Zayed Al Nahyan. According to the official data, Egyptian exports to the UAE…

The usual clang of steel, dust of cement, and grit of construction boots were replaced by the sparkle of sequined gowns, the click of high heels, and the warmth of heartfelt applause as scores of women in South Africa’s construction industry gathered at The Houghton Hotel for the 6th annual cidb Empowerment and Recognition of Women in Construction (ERWIC) Awards. Thursday night was an evening where hard hats gave way to hairstyles, and reflective vests were swapped for red-carpet glamour…

Ecobank Transnational Incorporated (ETI) has officially announced its exit from the Mozambican market following the sale of its shares in Ecobank Mozambique S.A. to FDH Bank Plc, a Malawian financial institution listed on the Malawi Stock Exchange. The announcement was made via a statement filed with the Nigerian Exchange Limited (NGX) on Tuesday. According to Madibinet Cisse, ETI’s company secretary, the transaction represents a strategic shift in ownership and operations. He emphasised that no disruption is anticipated to banking services,…

The volume of trade between Malaysia and BRICS countries in 2024 reached 818 billion ringgit (about US$193.47 billion), which accounts for 35.2 per cent of the country’s total foreign trade turnover. This was reported by Bernama, a partner of TV BRICS, citing the Malaysian Ministry of Investment, Trade, and Industry. It is noted that during the same period, investments from BRICS countries amounted to 104.9 billion ringgit (about US$24.59 billion). The ministry noted that BRICS partner status helps Malaysia enter…

Egypt has dispatched its first export of locally developed, high-tech “mini tuber” potato seeds to Uzbekistan, the Ministry of Agriculture announced, according to Daily News Egypt, a partner of TV BRICS. Mohamed El-Mensy, Head of the Central Administration of Agricultural Quarantine, noted that the shipment was in line with directives from the Ministry of Agriculture to strengthen domestic seed production and boost exports, as part of a wider strategy to expand Egypt’s role as a regional seed exporter. El-Mensy emphasised…