South Africa investment law overhaul sparks concerns


  • World
  • Monday, 04 Nov 2013

CAPE TOWN (Reuters) - A new South African investment law should come into force next year to replace a raft of individual, 20-year-old treaties but foreign investors are adequately protected and have nothing to fear, trade minister Rob Davies said on Monday.

Pretoria let bilateral treaties agreed with European nations shortly before the end of apartheid lapse last month, to the concern of some foreign investors who are unsure whether the replacement law will offer the same protections.

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