Part 6 - Foreign Investment - Restrictions On Foreign Investment In South Africa

Subject to the exchange control restrictions, South Africa welcomes investment by non-resident persons and companies. Direct investment may be undertaken through a new or existing company incorporated in South Africa or through the establishment of a branch or a partnership.

Virtually all business activities are open to foreign investors. In a few sectors, however, ceilings have been placed on foreign shareholdings. Government representatives have taken the position that strategic industries such as electronics should be firmly rooted in South Africa and not controlled entirely, or even mainly, from abroad. Foreign equity holdings in newly established banks are limited to 15%.

For further information please contact: 

Werksmans Attorneys 

Werksmans Chambers, 22 Girton Road, Parktown, Johannesburg 2193 
or
P.O. Box 927, Johannesburg 2000 South Africa

Enquiries:        Mr Charles Butler
Telephone         27 (011) 488-0000
Telefax           27 (011) 484-3100/3200
E-Mail Address    cbutler@werksmans.co.za