The rise of other global players such as BRICS+ and their push for data sovereignty are reshaping the dynamics of data governance in the world, suggesting that US hegemony may not be as absolute as it currently is.
In today's digital age, data is the lifeblood of economic development. As President Cyril Ramaphosa in his opening remarks at the BRICS Business Forum mentioned BRICS countries must create a collaborative environment for the advancement of digital technology and that E-commerce in particular has great potential to enhance market access and economic growth.
Dr Iqbal Survé is thus correct that BRICS need to be able to have impeccable data to harness in the development of its people. In his opening remarks President Vladimir Putin spoke about economic sovereignty but economic sovereignty is predicated on data sovereignty which on it part is predicated on a data infrastructure that is sovereign. When President Vladimir Putin speaks about economic sovereignty he means to lessen dependency on Western systems and infrastructure.
Reduced Reliance on Western Markets: A BRICS-only data infrastructure reduces dependence on Western markets and enables the bloc to chart its own economic destiny.
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