SA scores big as it sets the stage for Brics meeting

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President Cyril Ramaphosa met his Chinese counterpart, Xi Jinping, on Tuesday at the Union Buildings on the Chinese's President's official state visit.

JOHANNESBURG - China and South Africa have signed several trade agreements, amounting to over $14,7 billion (approximately R200 billion).

President Cyril Ramaphosa met his Chinese counterpart, Xi Jinping, on Tuesday at the Union Buildings on the Chinese&39;s President&39;s official state visit. 

 

 

 

Trade and Industry Minister Rob Davies says China follows through on its commitments.
 

Davies says South Africa wants to strengthen its investment relationship with China.

There&39;s good news for Eskom as well after it secured a $2,5 billion (approximately R33 billion) loan from China’s Development Bank.

Eskom CEO Phakamani Hadebe explains what the parastatal will use the money for.

 

This week South Africa will be hosting a Brazil, Russia, India, China, and South Africa (Brics) summit.