Posts Tagged "promotion"

Promotion and Protection of Investment Bill, 2013 – A Review

Posted on Feb 6, 2014

Promotion and Protection of Investment Bill, 2013 – A Review

On 1 November 2013, the South African Department of Trade and Industry published the draft “Promotion and Protection of Investment Bill” (the “Draft Bill”) for comments. The Draft Bill comes shortly after South Africa decided to unilaterally terminate its bilateral investment treaties (“BITs”) with certain European states and specifically Belgium, the Netherlands, Luxemburg, Germany, Spain and Switzerland. The Draft Bill is intended to promote investment by modernising the current investment regime and getting investors, whether foreign or local, to achieve...

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