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South Africa economy expands 4.6% in Q1
![South Africa economy expands 4.6% in Q1 South Africa economy expands 4.6% in Q1](http://www.thebricspost.com/wp-content/themes/advanced-newspaper/timthumb.php?src=https%3A%2F%2Fwww.thebricspost.com%2Fwp-content%2Fuploads%2F2020%2F10%2FIMG-20201028-WA0015.jpg&q=90&w=80&h=63&zc=1)
In the first quarter 2021, inventories once again had to be drawdown as there was a slow start to the
South Africa moves to Level 2 lockdown
![South Africa moves to Level 2 lockdown South Africa moves to Level 2 lockdown](http://www.thebricspost.com/wp-content/themes/advanced-newspaper/timthumb.php?src=https%3A%2F%2Fwww.thebricspost.com%2Fwp-content%2Fuploads%2F2019%2F04%2FzMFNNorHY7PnDP7Uh5w59YpmZMvJ29KA-e1556648044445.jpg&q=90&w=80&h=63&zc=1)
While the restriction on large gatherings is welcome, vaccines are needed urgently to stem the bleeding of the South African
South Africa’s Democratic Alliance Innovation Summit highlights progress
![South Africa’s Democratic Alliance Innovation Summit highlights progress South Africa’s Democratic Alliance Innovation Summit highlights progress](http://www.thebricspost.com/wp-content/themes/advanced-newspaper/timthumb.php?src=https%3A%2F%2Fwww.thebricspost.com%2Fwp-content%2Fuploads%2F2015%2F07%2FRama-China.jpg&q=90&w=80&h=63&zc=1)
The summit focused on four areas – Covid response, economic development, energy security and water resilience.
Despite Q3 bounce, South African economy in contraction
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Recovery is expected to continue albeit at a much slower pace, experts say.
BRICS Business Council promotes cooperation
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Members said awareness about the alliance should be boosted in a period of increased economic and trade volatility.
South African economic growth revised lower
![South African economic growth revised lower South African economic growth revised lower](http://www.thebricspost.com/wp-content/themes/advanced-newspaper/timthumb.php?src=https%3A%2F%2Fwww.thebricspost.com%2Fwp-content%2Fuploads%2F2020%2F10%2FIMG-20201028-WA0015.jpg&q=90&w=80&h=63&zc=1)
A collapse in household and business income led to a surge in job losses and business closures.
![Analysis: BRICS can defeat Trump's protectionism](https://www.thebricspost.com/wp-content/uploads/2018/02/SONA-Parade.jpg)
Analysis: BRICS can defeat Trump's protectionism
BRICS must quickly tear down barriers which could impede free trade within the bloc.
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