Various Bilateral Investment Treaties (BITs) signed immediately after the end of apartheid are now being allowed to expire, and these BITS are set to be replaced by a single domestic investment regime.
The Promotion and Protection of Investment Bill, which will make up the backbone of this domestic legislation, was released for public comment on 29 October 2013. The South African Institute of International Affairs (SAIIA) made a submission to the South African Department of Trade and Industry.