MALAYSIAN INVESTMENT IN SOUTH-AFRICA - SOME INITIAL OBSERVATIONS

Conventional economic and risk-based considerations do not explain the surge of Malaysian investments in;South Africa. Rather, political con siderations such as Malaysia's history of support for the anti-aparthe id struggle, and more specially a strong perception by party political and business elites in both countries that they share a common challe nge of economically empowering their historically disadvantaged majori ty populations, have played a role in-directing Malaysian business int erests in post-apartheid South Africa.