South Africa

Is Xenophobia Gripping South Africa?

The recent spate of violence in South Africa appears to be rooted in the country’s failure to fully transform itself in the post-apartheid era. If the government fails to effectively address the issue of rising unemployment and widening socio-economic inequality in the country, the violence is likely to recur from time to time.

Future of Golden BRICS

With the successful holding of the fifth summit of Brazil, Russia, India, China and South Africa (BRICS) in Durban during March 26–27, 2013, this influential group of emerging economies completed its first important phase of genesis and evolution. The idea was floated in 2001 as an ‘acronym’ created by an investment banker of Goldman Sachs, Jim O'Neil who believed that the fast-growing economies of Brazil, Russia, China and India would be the single greatest game changers in coming times.