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Article: South Africa wants to put itself on investors' maps
- Article from:
- Charleston Daily Mail
- Article date:
- October 25, 1999
CopyrightCopyright 1999 Charleston Daily Mail. Provided by ProQuest LLC. (Hide copyright information)
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THE WASHINGTON POST
JOHANNESBURG, South Africa - Frustrated by their inability to
attract foreign investment, South African officials recently
surveyed corporate executives worldwide to learn why.
The Germans complained about crime. The British were concerned
about the high AIDS rate. Everyone was reluctant to do business with
South Africa's assertive labor unions. But one U.S. executive's
response really crystallized the issue.
"Why," the survey quoted the executive as saying, "we still see
South Africa as one big game reserve."
For all its triumphs - the peaceful transition from white
minority rule to a democracy, and the free-market reforms that have
been lauded internationally - South ...