Zuma, Putin push for increased trade

South Africa and Algeria have agreed to speed up the establishment of a joint trade and investment committee to engage with the public and private sectors of both countries to do more business between them.

Maximum co-operation between Nigeria and South Africa is necessary for Africa to move forward, Nigerian President Goodluck Jonathan said following a meeting with South African President Jacob Zuma in Cape Town on Tuesday.

Brazil, Russia, India, China and South Africa have agreed to establish a BRICS development bank to help finance infrastructure development in the BRICS and other developing countries, South Africa President Jacob Zuma said at the conclusion of the 5th BRICS summit in Durban on Wednesday.