NRI magnate to head South Africa’s BRICS Business Council

Straight after his appointment by the South African government, Surve, headed to New Delhi for the mid-term meeting of the Brics Councils from other countries in the bloc – Brazil, Russia, India, China and South Africa. He highlighted importance to strengthen ties with China and India. 

“In the age of Trump protectionism and Brexit, we have to strengthen our ties with business in the East, especially China and India, whose economies are expected to be number one and number three in the world by 2030, with a GDP of USD 35 trillion and USD 16 trillion respectively,” Surve said. 

“This opens up many opportunities for S Africa and the continent,” Surve said, adding that it was of utmost importance that Africans benefit from the new BRICS Development Bank. “It is an interesting development that China is flying the flag for globalisation at a time when US President Donald Trump is taking a more protectionist stance,” Surve was quoted as saying by the daily Business Report. Surve, the chairperson of Sekunjalo Group and Independent Media, has interests in media, technology and healthcare.