Introduction: A Controversial Step Towards Racial Transformation In January 2025, South Africa enacted the Employment Equity Amendment Act, a significant piece of legislation aimed at addressing historical racial inequalities in the workplace. The Act empowers the Minister of Employment and Labour to set sector-specific racial and gender targets for managerial and
Tag: fdi
Economic Perspective: Top 5 FDI Destinations in Africa and the Legal Factors Driving Investment
Foreign Direct Investment (FDI) in Africa has grown significantly in recent years, as both global and regional investors recognize the continent’s vast economic potential. Foreign Direct Investment (FDI) in Africa has grown significantly in recent years, as both global and regional investors recognize the continent’s vast economic potential. With its
Hyundai’s $20 Billion Investment: A Major Step Toward Revitalizing U.S. Steel
Hyundai’s monumental $20 billion investment in the United States represents a significant turning point for U.S. manufacturing, particularly in steel production. As part of the plan, the company is establishing a $5.8 billion steel processing plant in Louisiana that will produce over 2.7 million metric tonnes of steel annually. This
Reclaiming Africa’s Mineral Wealth: How Continental Laws Can Prevent Future Exploitation
Africa is a continent rich in natural resources, including vast deposits of minerals that are essential to the global economy. From gold and diamonds to rare earth elements and cobalt, Africa’s mineral wealth has attracted the attention of multinational mining companies for decades. However, this wealth has not translated into