Shoprite Introduces Xtra Savings Rewards Programme

The Shoprite Group is launching a rewards programme for its Shopite branded stores on Monday 12 October 2020. The new Shoprite Xtra Savings card...

Latest Posts

Dlamini-Zuma Asked To Provide Reasons For Extending Lockdown – or see you in court.

DearSA attorneys Hurter Spies this week sent a letter  to Cooperative Governance and Traditional Affairs Minister Nkosazana Dlamini-Zuma asking her to provide reasons why she...

Paxful Highlights Security and User Education Can Boost Trust in Crypto

In acknowledging Cybersecurity Awareness Month during October this year, leading peer-to-peer (P2P) cryptocurrency marketplace, Paxful, is highlighting the importance of security awareness amongst users...

How To Win a R1,5m Entrepreneurial Package For Your FinTech Idea or Business

South Africa’s most prestigious fintech R10 million startup initiative, AlphaCode Incubate, shares how to improve chances of accessing its support and unpacks the trends...

Why An Independent Bond Originator is key to your home buying success

Navigating banking systems is almost always stressful and tediously litigious, and particularly true when it comes to applying for a home loan. Despite all...

Brics bank open for jobs

 

The New Development Bank is formally “open for business” and the recruitment process for its Africa Regional Centre in Johannesburg has started, National Treasury announced this weekend.


Treasury said in a statement the bank is in the process of establishing the Africa Regional Centre in Johannesburg, as announced by Finance Minister Pravin Gordhan in his 2016 Budget Speech.

Treasury said South Africans are encouraged to apply to work for the bank.

The start of formal operations of the so-called Brics Bank follows an agreement signed on February 27 2016 by the People’s Republic of China and the New Development Bank regarding the headquarters of the New Development Bank. The headquarters will be in Shanghai, China.

This agreement marks the completion of legal procedures that give way for the bank to begin its operations. The bank is intended to finance infrastructure and sustainable development projects in the Brics (Brazil, Russia, India, China and South Africa) and other emerging economies and developing countries.

In December last year President Jacob Zuma said the Brics New Development Bank is a concrete reality. Zuma also announced that axed finance minister Nhlanhla Nene was nominated to head the regional centre. – Fin24

Latest Posts

Dlamini-Zuma Asked To Provide Reasons For Extending Lockdown – or see you in court.

DearSA attorneys Hurter Spies this week sent a letter  to Cooperative Governance and Traditional Affairs Minister Nkosazana Dlamini-Zuma asking her to provide reasons why she...

Paxful Highlights Security and User Education Can Boost Trust in Crypto

In acknowledging Cybersecurity Awareness Month during October this year, leading peer-to-peer (P2P) cryptocurrency marketplace, Paxful, is highlighting the importance of security awareness amongst users...

How To Win a R1,5m Entrepreneurial Package For Your FinTech Idea or Business

South Africa’s most prestigious fintech R10 million startup initiative, AlphaCode Incubate, shares how to improve chances of accessing its support and unpacks the trends...

Why An Independent Bond Originator is key to your home buying success

Navigating banking systems is almost always stressful and tediously litigious, and particularly true when it comes to applying for a home loan. Despite all...

Don't Miss

Africa’s First Adaptive Learning Online High School Launches

Prestigious, independent school, Bridge House and award-winning EdTech company, Digemy, have joined forces to create ConnectEd - the first Independent Examinations Board (IEB) curriculum...

Mercedes-Benz Gives Its EQC Electric vehicle The 4×4² Treatment

Mercedes-Benz has given its EQC electric vehicle the 4x4² treatment. The EQC 4x4² is an electric car of extremes. Mercedes-Benz wishes to test the...

Nedbank Signs Up 100 000 Customers for its Avo Super App

Avo, launched at the height of the national lockdown, has surpassed the 100 000 customer mark in September 2020 and continues to evolve alongside its...

SA Web Users Must Report Fraud During Cybersecurity Awareness Month

Statistics South Africa says almost two-thirds of South African households now have at least one person who accesses the Internet. Add this to the fact...

Liquid Telecom Enables Africa’s Digital Economy

Liquid Telecom believes there is a massive opportunity to fast-track Africa’s digital economy. The continent’s biggest fibre company wants to enable entrepreneurs to be at...

Stay in touch

To be updated with all the latest news, offers and special announcements.

%d bloggers like this: