Promotion And Protection Of Investment In South Africa Bill, 2013 — A Review

By Dr. Madelein Kleyn

Dr. Madelein Kleyn

Oro Agri (Pty) Ltd and the University of Stellenbosch

LifeScan Scotland, Ltd. v. Shasta Technologies

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.

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