Despite their anti-imperialist potential, BRICS states have promoted neo-liberal and imperialist practices that facilitate capital accumulation, resource extraction and expansion of their markets. But growing popular unrest against exploitation, ecological destruction and neoliberalism in the BRICS countries may lead to a different, anti- imperialist, course
Industrial investment in Africa by BRICS nations has been mired in scandal at times but on the whole appears to be welcomed. Farai Maguwu takes a closer look at the real impact of BRICS investments in Zimbabwe, and questions what is required for Zimbabwe’s long term benefit.
The bank is touted as being a good potential host of the proposed BRICS bank. But its record so far suggests otherwise. A lack of representativeness, dubious appointments and investments, incompetence and a tendency towards privatisation have left many questioning whether the bank even fulfills its own mandate in the region
