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The rise of developing countries, exemplified by the BRICS grouping of Brazil, Russia, India, China and South Africa, is changing the old way of doing business, and calls for a "reformatting" of the investor mindset, argues South African Finance Minister Pravin Gordhan.
The stalled Doha round of trade negotiations is "in intensive care" and won't be concluded this year, although a plan B to support trade to least developed countries is on the cards, says Trade and Industry Minister Rob Davies.
As the shift in global economic power gains momentum, South Africa's trade is moving eastwards and southwards in a pattern that both reflects the worldwide trend and helps drive it, writes John Battersby.
More opportunities for Chinese investment into Africa are to open up, with the announcement that China is to bolster its China-Africa Development Fund by an additional R19.8-billion ($2-billion).
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