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REVIEW: G7 and BRICS+ are the powers competing for global rinfluence.

On the global stage, two prominent groups are vying for influence: the long-established G7 and the ambitious BRICS+ economies. Formed in 1975, the G7 consists of major industrial democracies: Canada, France, Germany, Italy, Japan, the UK, and the USA. They meet annually to coordinate global economic policies. BRICS, established in 2009, initially included Brazil, Russia, India, China, and South Africa, with Egypt, Ethiopia, Iran, and the UAE joining the group in 2024, expanding it to become BRICS+. Despite the G7 having a higher combined GDP, with an estimated $48.68 trillion, BRICS+ economies are projected to have a higher average growth rate of 3.6% compared to the G7's 1%. Their average GDP growth rate is anticipated to range from 189% to 205% by 2050, a significant contrast to the G7's 50%. Population-wise, BRICS+ has a combined population of approximately 3.6 billion, representing 45% of the world's inhabitants, much larger than the G7's 776 million. In terms of la

CONVERSATIONS: Do you think Construction Professionals appreciate their role in promoting social justice?



Watch: Bonke Simelane and Nothando Maseko tell us whether they think Construction Professionals appreciate their role in promoting social justice. 👇👇

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