Keyword: foreign direct investment

Foreign Direct Investment: Dividends and Protection for Whom?

Picture: www.buzzle.com Saliem Fakir - The debate on foreign direct investment (FDI) follows the same superficial rhetoric that gathers around the debate on nationalisation. This issue has gathered somewhat of a storm following Walmart’s acquisition of Massmart. The South African government has appealed the Competition Tribunal’s decision to grant the merger on what it perceives to be a deal on the cheap. It wants a more expansive commitment from Walmart so that the merger leads to deep roots rather than shallow...