South Africa's investigation into the influential Gupta family has cut a wide swath through the country.The family, which fled South Africa earlier this year, stands accused of high-level corruption going up all the way to the office of former President Jacob Zuma. But their business activities in poor communities have also left deep wounds, residents say.
The NDB was founded by the BRICS member countries – Brazil, Russia, India, China and South Africa in July 2014 and formally opened in Shanghai in July 2015. The BRICS New Development Bank is planning to launch its Americas Regional Office in Brazil this year, its president K V Kamath has said.
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