Protecting international investors in SACU: towards harmonisation
Foreign investment inflows are of vital importance to the national economic development of African countries, because in most parts of Africa there is very little generated capital for substantial investment. Hence, most countries tend to look to foreign investors to bring much-needed foreign direct investment (FDI) to their shores.
The Southern African Customs Union (SACU) member states, Botswana, Lesotho, Namibia, Swaziland (the BLNS countries) and South Africa have also taken measures to encourage FDI and create a better feeling of investment security in their respective countries.
This Trade Policy Report attempts to investigate how the investment regimes in SACU differ and the desirability of member states harmonising their regimes, and considers the implications of a harmonised regime in SACU for trade in services and intra-SACU trade. The report also highlights the existing and potential challenges regarding this objective and proposes a selection of collaborative modalities to tackle challenges.