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1. The New Development Bank’s Contribution to the Energy Transition Process in the BRICS Countries (2016-2023)

Author:
Maria Elena Rodriguez, Rafaela Mello Rodrigues de Sá, Octávio Henrique Alves Costa de Oliveira, and Renan Guimarães Canellas de Oliveira
Publication Date:
12-2026
Content Type:
Policy Brief
Institution:
BRICS Policy Center
Abstract:
Considering the growing relevance of the Multilateral Development Banks (MDBs) in the task of financing the global energy transition process, it is important to understand the efforts of these institutions to establish projects aimed at reducing carbon emissions in the most diverse sectors of the economy, and especially in the energy sector. This document looks specifically at the role that the New Development Bank (NDB) plays in this process, presenting an overview of its loan portfolio and targets in terms of contributions to the energy transition process. The NDB, also known as the BRICS Bank, stands out in its institutional strategies in the area of Clean Energy, one of its operational objectives, setting a target for the year 2026 of directing 40% of all its financing to projects aimed at climate change, including operations that contribute to the energy transition (NDB, 2022a, p. 28).
Topic:
Development, Banks, BRICS, Energy Transition, and Multilateral Development Banks (MDBs)
Political Geography:
Russia, China, Iran, Indonesia, India, South Africa, Brazil, Ethiopia, Egypt, and United Arab Emirates

2. Trump’s Exit from the Paris Agreement: An Opportunity for the EU to Back South Africa’s Climate Leadership

Author:
Bongiwe Ngcobo-Mphahlele and Darlington Tshuma
Publication Date:
03-2025
Content Type:
Commentary and Analysis
Institution:
Istituto Affari Internazionali
Abstract:
In his address to the World Economic Forum Annual Meeting in Davos in January 2025,[1] South Africa’s President Cyril Ramaphosa – who currently chairs the G20, the first African leader to do so – outlined a bold and assertive agenda centred on global cooperation, inclusive growth and sustainable development. His address included a renewed call for transparency in the allocation of climate resources and the reform of the global financial architecture that has long been criticised as too rigid to support long-term sustainable development in the Global South.[2]
Topic:
Foreign Policy, Climate Change, Economics, and Sustainable Development
Political Geography:
Europe, South Africa, North America, and United States of America

3. Leveraging 4IR for Governance and Urban Development in Johannesburg

Author:
Mmabatho Mongae
Publication Date:
02-2025
Content Type:
Policy Brief
Institution:
Good Governance Africa (GGA)
Abstract:
Johannesburg’s ability to harness the transformative potential of the Fourth Industrial Revolution is hindered by persistent governance and administrative weaknesses. While the city scores well for service delivery and economic development, its poor rankings in planning, leadership, and administration on the Governance Performance Index suggest challenges in execution and institutional efficiency. While Johannesburg has demonstrated foresight in adopting 4IR policies – such as the Smart City Strategy – these efforts risk being undermined if governance bottlenecks remain unaddressed. This briefing highlights the critical role of strong leadership and efficient administration in ensuring that 4IR-driven initiatives do not exacerbate inequality, but instead respond to Johannesburg’s urban challenges. To maximize the benefits of 4IR, Johannesburg must strengthen governance structures, improve policy coordination, and foster equitable implementation, ensuring that technological advancements enhance service delivery, economic growth, and urban resilience for all residents.
Topic:
Governance, Economic Growth, Fourth Industrial Revolution, and Urban Development
Political Geography:
Africa, South Africa, and Johannesburg

4. Enhancing Local Governance: How the private sector can support data capacity in South Africa’s municipalities

Author:
Stuart Morrison and Nnaemeka Ohamadike
Publication Date:
03-2025
Content Type:
Special Report
Institution:
Good Governance Africa (GGA)
Abstract:
According to the World Bank’s Statistical Capacity Index1 , South Africa ranks among the highest on the African continent. This strong foundation positions the country at the forefront of Fourth Industrial Revolution (4IR) technologies, particularly in leveraging government and open-access data to address national and subnational challenges. Cities like Cape Town and eThekwini have established Open Data Portals (ODPs) – online open-access data repositories that enhance transparency, improve service delivery tracking, and help identify pressing socioeconomic and infrastructure challenges. These portals not only benefit municipal decision-making but also provide businesses with valuable datasets to identify investment opportunities, market trends, and areas for social innovation.2 Despite these benefits, South Africa faces challenges in expanding and sustaining ODPs, particularly at the local government level. This presents a unique opportunity for the private sector to support local governments in the development and maintenance of ODPs. Using Cape Town and eThekwini as case studies, this report examines why private sector involvement in OPDs is crucial and how such partnerships can strengthen local governance, drive economic innovation, and foster inclusive urban development.
Topic:
Governance, Private Sector, Data, and Fourth Industrial Revolution
Political Geography:
Africa and South Africa

5. Fiscal policy and commodity price shocks in South Africa

Author:
Tumisang Loate and Vincent Dadam
Publication Date:
04-2025
Content Type:
Working Paper
Institution:
United Nations University
Abstract:
This paper investigates the effect of commodity price shocks in a commodity-exporting small open economy, and the role of fiscal policy in transmitting these shocks to the rest of the economy. Using South African data, we first estimate an empirical model using a Bayesian vector autoregression model. We then develop a New Keynesian small open economy with labour market hysteresis and commodity price shocks. We find that a commodity price shock typically has an expansionary effect as real GDP and employment increase, which translates into higher tax revenue. The results from our dynamic stochastic general equilibrium model match the data. In addition, despite not modelling the tradable and non-tradable sectors explicitly, we find that there is an opportunity cost associated with taxing the commodity sector more than home production. This results in a higher trade deficit and government spending. Consequently, we also explore the role of countercyclical fiscal policy during a commodity boom.
Topic:
Economy, Fiscal Policy, Hysteresis, and Commodity Price Shock
Political Geography:
Africa and South Africa

6. Carbon taxation and firm behaviour in emerging economies: Evidence from South Africa

Author:
Johannes Gallé, Rodrigo Oliveira, Daniel Overbeck, Nadine Riedel, and Edson Severnini
Publication Date:
05-2025
Content Type:
Working Paper
Institution:
United Nations University
Abstract:
This paper provides the first comprehensive analysis of how firms in emerging economies respond to carbon taxation, leveraging detailed administrative data from South Africa—a potential trailblazer for other developing countries with limited state capacity amid the growing global push for carbon pricing. We examine the dynamic impacts of the carbon tax on firm-level outcomes—such as profits, sales, capital, and labour inputs—across manufacturing and mining firms, which are key sectors in the context of the carbon tax. Contrary to concerns that carbon taxes may hinder economic growth or reduce employment, our findings show no evidence of negative average impacts on firm performance or jobs. However, this overall result masks significant heterogeneity in the tax’s effects across sectors, driven by the sector-specific design elements of the South African carbon tax. Firms expecting higher effective tax rates may have intensified their use of emission-intensive machinery and depreciated capital in anticipation of the tax. This behaviour appears to stem from firms resolving regulatory uncertainty or seeking to recover costs from stranded assets.
Topic:
Employment, Economic Growth, Carbon Tax, and Emerging Economies
Political Geography:
Africa and South Africa

7. Twenty-five years of inflation-targeting in South Africa: Going from 6% to 3%?

Author:
Philippe Burger
Publication Date:
06-2025
Content Type:
Working Paper
Institution:
United Nations University
Abstract:
This paper proposes that the South African Reserve Bank should pursue a 3% inflation target, instead of the current 4.5% midpoint of a 3%-to-6% target range. Doing so may also result in lower inflation volatility, thereby reducing nominal exchange rate risk for investment and trade, and may thus support economic growth. Using a two-regime Markov-switching model, the analysis shows that since the global financial crisis, periods of higher inflation volatility are much shorter. Thus, inflation is relatively better anchored since the global financial crisis. But there are still shocks that coincide with periods of exchange rate volatility. Lastly, the analysis shows that the budget deficit/gross domestic product ratio, constraints on electricity supply, and administered prices contribute significantly to inflation, while the effect of real gross domestic product growth (as a demand variable) is limited. The analysis also argues that the sacrifice ratio, measuring the sacrifice of growth and employment that is required to reduce inflation, is of limited use once the potential role that other variables can play in the reduction of inflation and inflationary expectations is considered. The government has an especially significant role to play in supporting the South African Reserve Bank in lowering the inflation rate to an average of 3% by lowering the level and volatility of administered price inflation, reducing the budget deficit, and improving electricity supply.
Topic:
Budget, Investment, Inflation, Trade, and Deficit
Political Geography:
Africa and South Africa

8. The impact on developing economies of WTO dissolution

Author:
Lloyd Barton
Publication Date:
07-2025
Content Type:
Special Report
Institution:
Oxford Economics
Abstract:
This report revisits the analysis presented in our April 2024 paper on the potential impact of WTO dissolution, drilling down to quantify national-level impacts for a sample of ten developing economies. Our previous report (The economic impact of abandoning the WTO) focused on presenting aggregated results for developing countries by region and income level. This report drills down to quantify impacts for a sample of ten individual countries: Brazil, Cameroon, China, Egypt, Guatemala, Indonesia, India, South Africa, Turkey, and Vietnam. These countries provide a rich, varied sample that captures the complexity of trade policy in the developing world. Their diversity in geography, economic size, policy orientation, and development stage allows for a nuanced analysis of how WTO dissolution could potentially influence pathways to higher incomes, poverty reduction and economic resilience. Our analysis reinforces the importance of ensuring the WTO can adapt to new trade realities and continue to function as an effective global trade body.
Topic:
Economics, Poverty, Trade, Economic Development, and WTO
Political Geography:
China, Indonesia, Turkey, India, South Africa, Brazil, Vietnam, Egypt, Guatemala, and Cameroon

9. Global Futures Bulletin: The BRICS and the Decarbonization and Biodiversity Protection Challenges

Author:
Igarapé Institute
Publication Date:
01-2025
Content Type:
Special Report
Institution:
Igarapé Institute
Abstract:
The world faces an unprecedented convergence of environmental crises – climate change, pollution, and biodiversity loss – that collectively threaten the planet’s ecological balance and humanity’s future. Reversing the Triple Planetary Crisis necessitates urgent and coordinated action across all sectors and countries, accelerating the transition to low-carbon economies while protecting biodiversity are key challenges for the coming years. Countries that have joined the BRICS in its inception (Brazil, Russia, India, China, and South Africa) are increasingly an important geopolitical force in current global politics, and their individual and collective action is key to the success of concerted global action. The group’s recent expansion – BRICS+ includes Egypt, Ethiopia, Iran, and the United Arab Emirates (UAE), Indonesia joining in 2025 and Saudi Arabia finally formalizing its membership – offers an opportunity to boost the role of their New Development Bank (NDB) in bridging climate, biodiversity, and development finance, and aim for greater policy coherence for concerted global action across these agendas. Combined, BRICS countries are not only biodiversity and energy-rich but also contribute to a large share of greenhouse gas (GHG) emissions. This Strategic Paper examines the role of the expanded BRICS+ and explores whether and how this “mini-multilateral” grouping, with its considerable human and technological capacity, can address two major global challenges: accelerating decarbonization and protecting biological diversity. The discussion is framed around the opportunities and challenges faced by the member countries to increase their ambitions and become leading voices in these agendas – not only for BRICS countries (some of which are among the most biodiverse in the world) but also for the wider international community. Without a strong commitment by BRICS countries (individually and as a group) the world will fail to accelerate action on decarbonization and biodiversity protection.
Topic:
Climate Change, Pollution, BRICS, Decarbonization, Biodiversity, and Minilateralism
Political Geography:
Russia, China, South Africa, Brazil, and Global Focus

10. Neoliberalism’s True Heirs: What Late-Apartheid South Africa Can Teach Us About the Contemporary Far Right

Author:
Elizabeth Soer
Publication Date:
04-2025
Content Type:
Working Paper
Institution:
Max Planck Institute for the Study of Societies
Abstract:
How can we make sense of the resurgence of the far right across the world? From the re-election of Donald Trump to the flourishing of Hindu nationalism under Narendra Modi, right-wing politicians have undoubtedly grown in prominence over the last decade. There is a burgeoning literature on this topic as scholars attempt to understand whether it is a backlash against neoliberalism, a reactionary form of neoliberalism, or simply a cultural phenomenon produced by increased global connectivity. This paper contributes to the vibrant discussion by examining an ideal yet overlooked case of ethno-nationalist neoliberalism – apartheid South Africa in the 1980s. This case reveals neoliberalism’s relationship to colonialism and its contribution to the perpetuation of white rule. South Africa has served as a test case for neoliberal ideas about race and economics and can thus contribute broader insights on the topic. The paper argues that the contemporary far right is not a backlash against neoliberalism, but a robust continuation of it. It draws on a vast range of archival sources from the late-apartheid period as well as the writings of prominent neoliberal thinkers to support this argument.
Topic:
Apartheid, Neoliberalism, Far Right, and Ethnonationalism
Political Geography:
Africa and South Africa

11. The Domestic Impact of the ICERD on TRC-Related Prosecutions in South Africa: A Story of Lost Opportunities for Post-Apartheid Justice

Author:
Ntokozo Sibanyoni
Publication Date:
06-2025
Content Type:
Journal Article
Journal:
African Journal on Conflict Resolution
Institution:
The African Centre for the Constructive Resolution of Disputes (ACCORD)
Abstract:
The International Convention on the Elimination of All Forms of Racial Discrimination (ICERD/the Convention) is a response to apartheid in pre-democratic South Africa. Article 6 obliges states to provide reparations to victims of discrimination. However, 31 years into its democracy, South Africa is haunted by a poor record of prosecuting apartheid. While popular discussions focus on the failure of the government to prosecute, this article focuses on the extent of the Convention’s domestic impact on the prosecutions. This contribution uses a working definition of domestic impact, which emphasises the efforts of all stakeholders in the state’s reporting process. The contribution relies on data collected through desktop research and semi-structured interviews with people working on race-related issues, to assess the extent to which article 6 of the Convention has been realized. Arguing that the Convention has made a delayed and limited impact on prosecutions, the article discusses factors that have hindered impact and provides recommendations towards the realisation of article 6 of the Convention.
Topic:
Apartheid, Transitional Justice, Justice, and Reconciliation
Political Geography:
Africa and South Africa

12. Long walk to realism: Climate cooperation to reset EU-South Africa relations

Author:
Arina Muresan and Sanusha Naidu
Publication Date:
05-2025
Content Type:
Policy Brief
Institution:
European Council on Foreign Relations (ECFR)
Abstract:
South Africa’s blend of economic weight, regional influence and democratic resilience means the country remains a crucial partner for the EU in the global south. Despite longstanding trade ties, political divergences—over Ukraine, BRICS and Israel, for example—have strained EU-South Africa relations. South Africa’s coal dependence makes its energy transition both vital and challenging, while Europe urgently needs to boost its competitiveness and build resilient supply chains—making climate action an ideal platform for resetting their relationship. As such, the EU should move beyond seeking full political alignment and instead pursue a more pragmatic relationship with South Africa, focused on shared priorities like clean trade and green energy. Both sides should use structured platforms as well as multilateral forums such as the G20—hosted by South Africa this year—to foster targeted cooperation even amid broader political disagreements. If successful, this approach with South Africa could serve as a model for the EU to engage with other developing countries.
Topic:
Climate Change, Bilateral Relations, European Union, Realism, and Pragmatism
Political Geography:
Africa, Europe, and South Africa

13. South Africa’s Cyber Strategy Under Ramaphosa: Limited Progress, Low Priority

Author:
Joe Devanny and Russell Buchan
Publication Date:
01-2024
Content Type:
Working Paper
Institution:
Carnegie Endowment for International Peace
Abstract:
During the decades of apartheid, South Africa was an international pariah. Since the country transitioned to majority rule in 1994, the African National Congress (ANC) has dominated politics, and the ANC has itself transitioned from a national liberation movement to a party of government. Domestically, South African cyber strategy should be seen as part of the ANC’s wider political challenge of trying to deliver economic growth, development, and prosperity. Over thirty years, the ANC has struggled to deliver on this agenda in a profoundly unequal society with infrastructure and institutions that have weakened particularly over the past fifteen years. Alongside confronting domestic challenges, the ANC has also tried to reshape South Africa’s global role. This was perhaps most visible under its first president, Nelson Mandela (1994–1999), but it was arguably pursued most systematically under Mandela’s successor, Thabo Mbeki (1999–2008). This reorientation of South Africa in the world was an ambitious and complex project, the foundations of which were the country’s leading role in its region and continent as well as its ties within the wider Global South. The project entailed tensions between the progressive promotion of human rights and freedoms, on the one hand, and the cultivation of instrumental relations with authoritarian and repressive states, on the other. These tensions continue to affect South African foreign policy, including its cyber diplomacy. South Africa identifies cybersecurity as a key national priority and has to this end adopted a national cybersecurity strategy and established a military Cyber Command. The reality, however, is that other issues have been consistently ranked above cybersecurity, such as addressing corruption, poverty, racial and social injustice, and the HIV/AIDS epidemic. Cybersecurity has therefore not been seen as a high priority by successive South African governments. This has left Cyber Command underresourced and unmotivated. This deprioritization means that South Africa is unlikely to emerge as a prominent military or intelligence cyber power anytime soon. The wider lack of national prioritization will also make it harder for so-called like-minded states—which are bound together by a mutual respect for democracy, human rights, and the rule of law—to form an effective partnership with South Africa on the topic of cybersecurity. South Africa’s approach to international cyber governance debates has been cautious and noncommittal, reflecting cyber diplomacy’s relatively low priority in its national strategy. What position South Africa takes in cyber debates is, however, of keen interest to the international community. An important question is whether South Africa will support the existing multistakeholder approach to cyber governance that is championed by like-minded states or join China and Russia in their efforts to recalibrate this approach and push for greater state control over cyberspace. Indeed, under President Cyril Ramaphosa, South Africa has not yet published its national position explaining how international law applies to cyberspace. A related question is whether South Africa will join like-minded states in elaborating how existing international law applies to cyberspace or side with China and Russia to campaign for new, bespoke international law (for example, treaties) to regulate this domain. When examining these questions, it is important to recognize the context of the ANC’s long-standing ties with Russia, both during its thirty years in government and in its previous decades struggling for national liberation. This is helpful for understanding South Africa’s interactions with Brazil, Russia, India, and China (which form the BRICS bloc with South Africa) and forecasting its future positions in cyber governance debates. For example, South Africa has been reluctant to unambiguously condemn Russia’s invasion of Ukraine in 2022, and it appears to have supported Moscow by covertly supplying it with weapons. In the longer term, South Africa’s positions in cyber diplomacy debates will likely be shaped by trends in both domestic politics—such as the ANC’s waning electoral performance—and the success of digital development. In this context, it is perhaps advisable for like-minded states, such as the United States, to focus on cyber capacity-building assistance and ensure that these efforts play into the wider development agenda in South Africa.
Topic:
Corruption, Poverty, Science and Technology, Cybersecurity, Democracy, and Racial Justice
Political Geography:
Africa, Iran, and South Africa

14. South Africa as a Leading Regional Power in Africa? An Analysis of the Implementation of the African Union, Auda-Nepad and Agenda 2063

Author:
Murilo Gomes da Costa
Publication Date:
12-2024
Content Type:
Journal Article
Journal:
Revista Brasileira de Política Internacional (RBPI)
Institution:
Instituto Brasileiro de Relações Internacionais (IBRI)
Abstract:
The article analyzes South Africa’s role in the African Union’s Agenda 2063. It examines South Africa’s position as a leading regional power post-apartheid. The study contends that Pretoria has developed a strategy towards its region. The argument is supported by a descriptive analysis of the implementation of Auda-Nepad and South Africa’s efforts to broaden the thematic scope of the AU. The results show that South Africa’s strategy as a leading regional power in Africa has been achieved through Pretoria’s role as a paymaster in both the AU and Auda-Nepad, alongside the development of its own Agenda 2063 projects.
Topic:
Foreign Policy, African Union, and Regional Power
Political Geography:
Africa and South Africa

15. A Palestinian Gandhi or an Israeli de Gaulle? Why the Context of Violence Matters

Author:
Sharif Elmusa
Publication Date:
01-2024
Content Type:
Journal Article
Journal:
Cairo Review of Global Affairs
Institution:
School of Global Affairs and Public Policy, American University in Cairo
Abstract:
Questioning why there hasn’t been a Palestinian Gandhi or Mandela ignores the history and context in which Palestinian resistance occurs, especially the abiding violence visited on the Palestinians since 1917
Topic:
Colonialism, Violence, BDS, Mahmoud Abbas, Israeli–Palestinian Conflict, Nelson Mandela, and Charles de Gaulle
Political Geography:
Middle East, India, Israel, South Africa, Palestine, and West Bank

16. Genocide on the Docket at the Hague

Author:
Omar Auf
Publication Date:
01-2024
Content Type:
Journal Article
Journal:
Cairo Review of Global Affairs
Institution:
School of Global Affairs and Public Policy, American University in Cairo
Abstract:
International law is a tool for both oppression and emancipation, says AUC law professor Thomas Skouteris in this Q&A as he breaks down the intricacies of the ICJ’s January 26 order for provisional measures in South Africa v. Israel, and elucidates the present and future of international law.
Topic:
Genocide, International Law, International Court of Justice (ICJ), and 2023 Gaza War
Political Geography:
Israel, South Africa, Palestine, Gaza, and The Hague

17. Time to Renew an Old Promise? A Brief History of Global South Solidarity with Palestine

Author:
Bidisha Biswas
Publication Date:
07-2024
Content Type:
Journal Article
Journal:
Cairo Review of Global Affairs
Institution:
School of Global Affairs and Public Policy, American University in Cairo
Abstract:
Anti-colonial and post-colonial politics have shaped global understandings of the Israel-Palestine conflict for decades, beyond the narrow vision of many Western countries
Topic:
Post Colonialism, Solidarity, and Israeli–Palestinian Conflict
Political Geography:
Middle East, South Africa, Palestine, and Global South

18. Watts happening to work? The labour market effects of South Africa’s electricity crisis

Author:
Haroon Bhorat and Timothy Köhler
Publication Date:
04-2024
Content Type:
Working Paper
Institution:
United Nations University
Abstract:
Frequent electricity outages threaten to impede the benefits of expanded access achieved by many developing countries in recent decades. A large literature documents these negative effects, however almost none consider labour market effects. This paper merges labour force survey microdata with high-frequency electricity supply and demand data to provide the first estimates of the relationships between outages and labour market outcomes in South Africa, a country characterized by frequent, severe outages referred to as load shedding. Exploiting temporal variation in outage incidence and intensity, we find that load shedding is associated with significantly lower employment rates, working hours, and earnings on average. Employment appears more sensitive relative to intensive margin outcomes, threatening job creation and preservation efforts. These negative relationships, however, are not evident for low levels of load shedding, but their strength markedly increases with load shedding intensity. We document further heterogeneity by firm size and industry, highlighting the vulnerability of jobs in manufacturing. Overall, our findings suggest that the South African labour market is largely insensitive to relatively low levels of load shedding; however, high levels appear especially costly.
Topic:
Employment, Economy, Electricity, and Labor Market
Political Geography:
Africa and South Africa

19. Market power and merger control in South Africa

Author:
C. Friedrich Kreuser, Michael Kilumelume, and Rulof Burger
Publication Date:
05-2024
Content Type:
Working Paper
Institution:
United Nations University
Abstract:
We estimate structural, materials, and labour markups for the South African economy at the three-digit industry level for 2012–19. The fall in structural labour and materials markups found for the numerical majority of industries are generally isolated to smaller industries, with industries accounting for a higher proportion of sales generally experiencing smaller downward shifts. We show that materials-based markups are increasing over this period. Upward markup pressure in structural and labour markups are primarily driven by compositional shifts of surviving firms, while materials markup growth is driven by the average firm in a given sector. We show that merger intensity is positively related to structural markup growth, with a 1% increase in the proportion of cumulative mergers over 2013–18 being related to around a 0.27% increase in structural markup growth over the period from 2012 to 2019. We find that large vertical mergers are positively related to structural and materials markup growth while being negatively related to labour markup growth. Large horizontal mergers generally increase labour and structural markups.
Topic:
Markets, Economy, Industry, and Mergers and Acquisitions
Political Geography:
Africa and South Africa

20. How Has South Africa’s Membership of BRICS Intensified Uneven and Combined Development in the Country and Beyond?

Author:
Sinan Baran
Publication Date:
06-2024
Content Type:
Journal Article
Journal:
Uluslararasi Iliskiler
Institution:
International Relations Council of Turkey (UİK-IRCT)
Abstract:
The recent African scramble has resulted in uneven and combined development (UCD) in Sub-Saharan Africa (SSA) throughout the 21st century due to unequal exchange. South Africa plays a sub-imperial role in this scramble in SSA. It both exploits and is exploited. The mining industry in South Africa has attracted interest from colonial powers, English-speaking businesses, and foreign investors, making it a highly lucrative sector. Furthermore, most black South Africans have been employed in the mining industry since the late 19th century. Over the past 25 years, the African National Congress government has utilised the mining industry to achieve economic transformation through black economic empowerment policies. This study proposes that the mining sector in South Africa is responsible for the ongoing UCD, despite receiving new investments and empowerment policies. South Africa’s inclusion in BRICS has broadened its range of international partners beyond its traditional Western or African counterparts. However, South Africa’s decision to join the BRICS group in 2011 has not yet yielded the expected transformation in the country’s economy and growth. As a result, it is uncertain whether South Africa’s BRICS membership has addressed the country’s persistent problem of UCD. This study argues that South Africa’s BRICS membership has exacerbated UCD in the country. This study proposes that Trotsky’s UCD analytical framework is useful for analysing South Africa’s policy choice to join BRICS, which strengthens its sub-imperial role.
Topic:
International Relations, Development, Mining, Industry, BRICS, Economic Transformation, Unequal Exchange, Sub-imperialism, and Transnational Capital
Political Geography:
Africa and South Africa