OBS_VALUE: No restriction on establishment of investment. Meanwhile, national treatment part of the Protection of Investment Act (PIA) requires that the foreign investment is examined of the merits of the case by taking into account all the temps of a foreign investment , including effect of the foreign investment on the Republic, sector that the foreign investments are in, aim of the investment, effect on third persons, effect on employment etc.The Competition Amendment Act (CAA) requires the president of South Africa to constitute committee (Committee) to decide whether the implementation of a transaction that constitutes a merger in terms of the Competition Act 89 of 1998 (Competition Act) may have an adverse effect on the national security interests of South Africa. A foreign acquiring firm is obliged to notify the South African Competition Commission of a merger in terms of the Competition Act must, at the same time must file a notice with the Committee if the merger relates to a list of national security interests, as identified by the President of South Africa. The Committee must consider and decide whether the merger affects the national security interests of South Africa and must prohibit, or conditionally or unconditionally approve the merger.The CAA introduces Foreign Direct Investment screening on national interest grounds. The Act was assented to in 2019, but the sections that introduce FDI screening are not yet in force. 