Johannesburg, A South African business delegation will visit New Delhi next week to explore opportunities to expand economic ties with India and address the trade imbalance between the two countries.
South African BRICS Business Council to Participate in New Delhi Meetings
The South African BRICS Business Council is set to attend the BRICS Business Council and Business Forum meetings in New Delhi on September 10 and 11. This participation comes in advance of the 18th BRICS Summit, highlighting South Africa’s ongoing engagement within the BRICS framework.
Investment Focus on High-Value Sectors in South Africa
A delegation is set to explore opportunities in key sectors including advanced manufacturing, pharmaceuticals, digital services, agro-processing, and renewable energy. The emphasis will be on enhancing higher-value exports and forming strategic investment partnerships.
Deputy President David Mabuza highlighted that by shifting the focus towards higher-value exports and fostering investment partnerships, South Africa can create jobs, bolster its industrial base, and establish resilient supply chains that benefit both nations.
SABBC Aims to Address Trade Imbalance with India
The South African Business and Trade Council (SABBC), established in 2013, is taking proactive steps to enhance trade and investment relations between South Africa and its BRICS partners, notably India. In 2025, India represented 20.8 percent of South Africa’s trade within the BRICS grouping.
To tackle the existing trade imbalance, the SABBC has outlined a strategy that emphasizes higher-value exports, investment partnerships, and a shift from a traditional buyer-seller dynamic to a model focused on co-investment and technology collaboration.
SABBC Chairperson Busi Mabuza highlighted the delegation’s commitment to translating discussions into measurable outcomes. This includes investment facilitation, business matchmaking, and initiatives in key sectors such as energy, manufacturing, infrastructure, and the digital economy.
