Abstract

The new Protection of Investment Act, the most recent development in a long-running narrative involving foreign investment in South Africa, was adopted on 15 December 2015, following two years of intense debate. It provides the framework for investor protections in South Africa and will eventually replace a number of South Africa's bilateral investment treaties, which have been (or will be) terminated. Among the Investment Act's stated purposes is the protection of investment "in a manner which balances the public interest and the rights and obligations of investors", while the preamble ...