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Foreign direct investment to Turkey totalled $74.8bn in the past five years. This is mostly due to the business-friendly environment prevailing in the country and the government’s continuous efforts to incentivise investments by both local and international investors.

In keeping with the country’s growing social needs and the breakneck pace of technological advances that the world has seen since the turn of the century, the need to amend and improve major codes in the law has become indispensable as of late. The government has been very active in trying to keep the legal environment current, and has introduced...

SOCIETY & ETIQUETTE: Tea drinking is ubiquitous in Turkey and it is a common feature of both casual exchanges and business meetings. Offering once is considered incomplete, so to politely refuse any offering of food or drink one may have to decline twice. In the same way, Turks will often politely...

Over the course of the past decade, Turkey's economy and society have undergone drastic changes: high GDP growth, the consolidation of civilian political control and the evolution of a more nuanced perspective on the country’s role in the region. The nation's growing prominence has led the international community to increasingly value Turkish...

COUNTRY PROFILE Facing the future: Old traditions merge with modern life in this resource-rich land POLITICS Democracy in transition: Becoming one of the most successful countries on the continent Interview: President Jacob Zuma Viewpoint: Fernando Damata Pimentel, Brazilian Minister of Development A century of service: The 100th...

In South Africa ordinary common law contractual principles originally formed the primary basis of employment regulation in the private sector. As such, the employment contract rather than legislation tended to be pivotal in determining the content of employment relationships. The result was an employment dispensation that tended to suit employers as...