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Benchmarking South Africa’s Foreign Direct Investment Policy
The document analyzes the shift in South Africa's investment policy from bilateral investment treaties (BITs) toward the Promotion and Protection of Investment Bill (PPIB) of 2013. It highlights how the PPIB prioritizes the state's right to regulate in the public interest and replaces international arbitration with domestic dispute resolution. The author argues that this creates regulatory uncertainty and misalignment with the SADC Finance and Investment Protocol (FIP) and the SADC Model BIT, potentially hindering foreign direct investment (FDI) and regional integration.
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Document type: Policy brief