Africa: Judicial Reforms Building Investors' Confidence in Africa

analysis

Confidence in the justice system has a real and direct impact on the investment climate of any country. Assurance on contract enforcement builds on investors' confidence and without it, investors will go elsewhere.

When cumbersome and lengthy judicial procedures exist, Small and Medium Enterprises (SMEs) struggle to remain afloat because resources are diverted from running day to day operations. Some of the things that companies want are protection for their property, access to justice and for their staff to be protected. They want assurance on contract enforcement and if any dispute arises, they want a judicial system that will bring rapid and efficient dispute solutions.

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