Hogan Lovells hosted a seminar for the Royal African Society, with guest speaker Dr Martyn Davies, CEO, Frontier Advisory.
In 2011, South Africa joined Brazil, Russia, India and China as a member of a group of emerging economic powers known as the BRICS. What began as a loose group of emerging and populous economies is rapidly morphing into a more coherent centre of power, reflecting the shifting balance of the global economy towards the new, emerging economies.
BRICS has rapidly become the global ranking standard for the first tier of emerging markets and the block is likely to expand in 2013 to include Indonesia, Turkey, Mexico, Nigeria and South Korea. How South Africa manages its relations with BRICS' rising business interests in Africa will be a delicate balancing act in the coming years.
In the lead up to the BRICS Durban Summit in March 2013, Dr Martyn Davies discussed the potential outcomes of the meeting, as well as the growing and future geo-strategic and geo-economic role of the BRICS.
View below a summary video of an interview with our guest speaker Dr Martyn Davies, CEO, Frontier Advisory.