CURRENTLY ON AIR ⇒
  • Xhosa Tafseer, Ml Muhsin Mbtolo
    Monday, 1:30 pm - 2:00 pm
    [ - ]

feedback@radioislam.org.za

logo


((( Listen Live )))))
Radio Islam Logo


BRICS: A Catalyst for Change or a Mirage of Hope?

Sameera Casmod | sameerac@radioislam.co.za
27 November 2024 | 13:25 CAT
1-minute read

Image: News24

The BRICS bloc, now expanded to ten nations, is positioning itself as a challenger to Western dominance in global trade and finance, according to political analyst Ebrahim Harvey in an interview with Radio Islam International. Harvey described the bloc as a “formidable force” amid what he called “the biggest crisis in global capitalism in well over a century.”

However, he acknowledged that internal tensions and global instability pose challenges to its ambitions.

One key focus for BRICS is its commitment to de-dollarisation, seen as essential to reducing dependency on the US and establishing equitable trade systems. Recent additions to BRICS, including Saudi Arabia and Iran, bring geopolitical weight and could potentially shift oil trading away from the dollar, a development Harvey labeled “a significant coup.”

Harvey highlighted China’s pivotal role, emphasising its Belt and Road Initiative and mediation efforts in the Middle East as examples of its growing global influence. “China has created that centre of gravity,” he noted, adding that its approach contrasts with US policies, which often exacerbate instability.

However, Harvey cautioned that BRICS must address economic disparities within member states and adopt progressive policies to achieve true systemic change.

“Despite formidable obstacles, BRICS is making formidable progress,” he said but warned of resistance from entrenched Western powers unwilling to relinquish dominance. As Harvey put it, “The global order is cracking, but it’s not defeated yet.”

BRICS’ ability to reshape the economic landscape remains to be seen, with critics urging it to prioritise the needs of developing nations over internal power struggles.

Listen to the full interview on Sabaahul Muslim with Moulana Sulaimaan Ravat.

ADVERTISE HERE

Prime Spot!!!

Contact:
advertisingadmin@radioislam.co.za 

Related Articles

The Palestine Report

The Palestine Report

1 September 2025 | 13:14 CAT 3-minute read In this week’s Palestine Report, Moulana Ebrahim Moosa discussed Israel’s claims of assassinating Abu Ubaidah, its brutal urban warfare on Gaza City, shifts in global public opinion—particularly among US youth—and mounting...

read more
The Debrief Report

The Debrief Report

1 September 2025 | 11:52 CAT 2-minute read South African Activists Join Global Flotilla to Break Gaza Siege South African activists have joined an international flotilla that set sail from Barcelona yesterday. It is heading to Tunisia, where it will be joined by more...

read more
Dr Taskeen Fathima Docrat: Researching Rooibos

Dr Taskeen Fathima Docrat: Researching Rooibos

Rabia Mayet | rabiamayet@radioislam.co.za 28 August 2025 3-minute read A scientist turning a proudly South African brew into a weapon against one of the world’s toughest diseases. Dr Taskeen Fathima Docrat from the Cape Peninsula University of Technology is leading...

read more
The Middle East Report

The Middle East Report

Sameera Casmod | sameerac@radioislam.co.za 29 August 2025 | 11:41 CAT 3-minute read Gaza ceasefire mediators have diverging objectives While Qatar and Egypt have have persuaded Hamas to accept the month-old ceasefire proposal, the United States and Israel have...

read more

Subscribe to our Newsletter

0 Comments