The head of Public Diplomacy, Clayson Monyela, has clarified that there is no plan within BRICS to establish a common currency. Instead, discussions are focused on member states trading in their own currencies. This comes in the wake of the U.S. President-elect Donald Trump threatening 100 percent tariffs against BRICS countries, including South Africa, unless they abandon any notion of creating an alternative to the U.S. dollar. On his platform, X (formerly Twitter), Trump declared, "The idea that the BRICS countries are trying to move away from the dollar while we stand by and watch, is OVER'. For more on this Elvis Presslin spoke to Thembisa Fakude, Director at Africa-Asia Dialogues

<p>The head of Public Diplomacy, Clayson Monyela, has clarified that there is no plan within BRICS to establish a common currency. Instead, discussions are focused on member states trading in their own currencies. This comes in the wake of the U.S. President-elect Donald Trump threatening 100 percent tariffs against BRICS countries, including South Africa, unless they abandon any notion of creating an alternative to the U.S. dollar. On his platform, X (formerly Twitter), Trump declared, "The idea that the BRICS countries are trying to move away from the dollar while we stand by and watch, is OVER'. For more on this Elvis Presslin spoke to Thembisa Fakude, Director at Africa-Asia Dialogues</p>

News and Current Affairs show between 5 & 6 am on SAfm 104 to 107 anchored by Tsepiso Makwetla

First Take SA

A weekly news and current affairs show presented by Elvis Presslin on SAfm 104 to 107 from 5:00 to 6:00 am.

<p>A weekly news and current affairs show presented by Elvis Presslin on SAfm 104 to 107 from 5:00 to 6:00 am.</p>

Advertisement