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Agbiz expects the rate of food inflation to decrease significantly, especially from the third quarter onward.
Some fear that South Africa is becoming increasingly divided.
Brazil's Temer and India's Modi are the most frequent Twitter users among BRICS leaders.
Investors have been anticipating an imminent devaluation of the Egyptian pound.
Despite a global economic slowdown, BRICS has been a main economic engine for the world economy.
With systemic inadequate funding, South Africa's universities have been dropping in global rankings.
Rising commodity and oil prices, coupled with political change, have fueled a strengthening of emerging markets, reports show.
Despite slowing growth, China is on the move consolidating its position as a global economic power.
But some Middle East experts are cautious in assuming that the nuclear deal will lead to a dramatic shift in US foreign policy in the region.
The mining industry will shed thousands of jobs, but other sectors also face challenges, leading economists say.