'Every continent needs an America' The experience of South African firms doing business in Mozambique

"Over the last 10 years, Mozambique, sometimes touted as South Africa's tenth province, has emerged as one of the most significant South African investment destinations on the African continent. South Africa is a leading investor in that country representing 49% of total foreign direct investment (FDI) from 1997-2002. South African companies have capitalised on Mozambique's geographical proximity to expand their reach into the continent.Yet the sizeable number of South African businesses in Mozambique does not imply that the country offers a trouble-free, uncomplicated business environment.Most South African companies in Mozambique have encountered some of the risks and challenges traditionally associated with doing business on the African continent."