"QFS CONVERSATIONS" WITH GOLDILOCKS, 4 MARCH

GOLDILOCKS

Zimbabwe has set its sights on joining the New Development Bank (NDB), an institution established by the BRICS economic bloc. Persistence Gwanyanya, a prominent economist and member of the Reserve Bank of Zimbabwe’s monetary policy committee, confirmed the country’s application in a recent interview with The Herald.

“We have applied to join the New BRICS Development Bank,” Gwanyanya said. He expressed optimism about Zimbabwe’s application, citing support from BRICS members Brazil, Russia, and South Africa.

Gwanyanya clarified that Zimbabwe’s pursuit of NDB membership does not preclude its aspirations to join the BRICS alliance itself. “Zimbabwe, like many African nations, is committed to achieving sustainable economic growth and transformation through continental integration,” he explained. “We value our collaboration with BRICS partners in fulfilling our market integration goals.” Daily News Egypt

The BRICS alliance may be preparing a big announcement at the upcoming summit. In fact, with more interested nations awaiting invitations, all eyes will be on which nations will receive formal invitations to join the newly expanded BRICS+.

Nations looking to ditch the US dollar and join the growing bloc hope the summit will also include talks on enlargement.   Slobodenpecat