etal times: ; A 20% return on an investment that matures in three years or less is widely expected by British Companies considering direct investment in BR. Africa. Such a profit margin is apparently thought necessary to compensate for the political ‘risks in the region, which i ; Pi
. ’ s the main reason f companies' reluctance to commit investment. OF Awd tigh
for political risk were unlikely to be earned, or would be likely to bate local feeling against expatriate Capital. More than half the companies agreed that tax and other Concessions were a definite influence on investment decisions, and most feared that the U.K, corporation tax would penalise over. seas income, Some made the point that unless the E, African common market continued in force most manufacturing units there would become uneconomic,
THE