This paper dealt with the regulatory and policy variables influencing Foreign Direct Investment (FDI) in South Africa. Since the advent of democracy 26 years ago, South Africa had its own share of benefits from democratic rule. This was the period of great success, and three free and fair elections were held without violence and intimidation. The South African government started using the “inflation targeting monetary policy framework” to have an environment where inflation will stabilise. Although in literature it is stated that many governments have adopted this policy in order to lure investors in through their attractive risk-free returns in their investment portfolios. The paper used unobtrusive techniques to analyse secondary data. The South African investment climate remains faced with challenges, which curtail the full attainment of conditions conducive for quality FDI. When regulations are made less cumbersome, it becomes simpler for investment to flow into the country, and international and local entrepreneurs prosper as the ease of doing business improves. South Africa does not have a complex regulatory framework, but its challenges stem from a lack of regulatory transparency, which impeded investment. TISA the agency, which DTI created to reduce obstacles encountered in FDI offers foreign investors clarification on the regulatory and legal environment. Many countries have also cancelled their BITs with South Africa, including Ecuador, Bolivia, and Venezuela. South Africa's business environment and its investment climate are largely dependent on the events that occur in the political arena and the economic environment.

中文翻译：

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影响南非外国直接投资的监管和政策变量

本文探讨了影响南非外国直接投资 (FDI) 的监管和政策变量。自 26 年前民主出现以来，南非从民主统治中得到了自己的一份好处。这是一个非常成功的时期，在没有暴力和恐吓的情况下举行了三场自由公正的选举。南非政府开始使用“通货膨胀目标货币政策框架”来营造通货膨胀趋于稳定的环境。尽管在文献中指出，许多政府已采用此政策，以通过其投资组合中具有吸引力的无风险回报来吸引投资者。这篇论文使用了不引人注目的技术来分析二手数据。南非的投资环境仍然面临挑战，这限制了全面实现有利于高质量外国直接投资的条件。当法规变得不那么繁琐时，投资流入该国就会变得更容易，随着营商便利性的提高，国际和本地企业家也会繁荣起来。南非没有复杂的监管框架，但其挑战源于缺乏监管透明度，这阻碍了投资。TISA 是 DTI 为减少外国直接投资遇到的障碍而创建的机构，它为外国投资者提供有关监管和法律环境的澄清。许多国家也取消了与南非的双边投资条约，包括厄瓜多尔、玻利维亚和委内瑞拉。南非的商业环境和投资环境在很大程度上取决于政治舞台和经济环境中发生的事件。