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Intellectual Property, Land In S.A. Concern U.S. Investors

Vineyard, South Africa Getty

20 May 2015

Vineyard, South Africa Getty

Vineyard, South Africa Getty

The American Chamber Of Commerce said South Africa needs to safeguard the values U.S. investors bring to the country, with intellectual property and foreign land ownership rights remaining two of the biggest concerns, EyewitnessNews reports.

The chamber is in favor of a market-based economy and of respecting the sanctity of land ownership, said chamber executive director Carol O’Brien.

“We believe a lot of the values that American business brings to South Africa in terms of intellectual property policies are very important.”

President Jacob Zuma has announced a new land holdings bill restricting foreign ownership of land.

Read the full article from AFKInsider.

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