BY HANNAH DE NOBREGA, QUANTITATIVE ANALYST AT PRESCIENT INVESTMENT MANAGEMENT

It is difficult to assess what an expanded Brazil, Russia, India, China, and South Africa (BRICS) grouping will mean for South African trade fortunes and broader economy amid the shifting global power dynamics between North and South, East, and West. However, there are several advantages that could be harnessed, all going well, including improving access to funds, and fostering collaboration across the member countries in developing infrastructure and industrialising.