Brics to finance SOEs

05 September 2016 - 09:41
By DOMINIC MAHLANGU

Troubled state institutions, which last week saw private asset management companies pull their funding, will get help from the Brics bank. Reports say Brics is ready to help South Africa's state-owned enterprises get funding.The bank is a brainchild of the Brics member states - Brazil, Russia, India, China and South Africa.

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