BizNews BizNews Radio

Leslie Maasdorp: BRICS bank - bringing development finance to the 21st century

Loading player...
The Vice President of the BRICS Bank Leslie Maasdorp tells Tim Modise that the New Development Bank to be established in South Africa will be global in character and will compliment the developmental funding institutions in the region. He says the Bank will operate differently from the Contingency Reserve Arrangement that will be run by the member Central Banks. The CRA will deal with liquidity challenges and has a differentiated funding model with China being the biggest contributor. He envisages the New Development Bank opening up membership to other countries. - Tim Modise Learn more about your ad choices. Visit megaphone.fm/adchoices
22 Jul 2015 5AM English South Africa Investing · Business News

Other recent episodes

Solly Moeng: “It’s the list of devils”

“If we're going to look for angels in this stuff, we're not going to find angels. It's the list of the devils, it's where do we choose, what is the thing to focus on, the least worst thing to focus on.” These are the words of political commentator Solly Moeng…
1 Oct 9AM 13 min

GBV suspects on the run | Barry Bateman

The Private Prosecution Unit of AfriForum has taken up a number of cold cases in which the police have failed to trace or arrest or re-arrest known suspects. In this interview with Chris Steyn, the unit’s Barry Bateman, reveals details of some of those cases as well as the responses…
1 Oct 6AM 19 min

David Lupafya: the Land Bank backed black farmers, then pulled the rug

David Lupafya spent 25 years at AT&T, Microsoft and Lockheed Martin before coming home to grow grain on 1,300 hectares outside Potchefstroom. He did what careful farmers do: planned a season ahead and put more than R5 million of his own money down on tractors, a combine and implements, counting…
30 Sep 11AM 29 min
All episodes