This paper empirically investigates the various effects that source and destination countries financial development (SFD and DFD respectively) have on foreign direct investment (FDI).We establish caus
South Africa attracted ZAR 11.7 billion in foreign direct investment (FDI) in Q1 2025—the highest level since Q2 2024—up from ZAR 7.5 billion in the previous quarter, according to central bank data. T
