Èkonomika, Pedagogika i Pravo (Dec 2016)
Arbitration Foundation of South Africa
Abstract
In the present article author explores the history and legal framework for the creation and operation of international commercial arbitration in South Africa. Author notes that South Africa is the most economically developed country in Africa, it is among dozens of major international organizations. From the point of view of the development of the system of law, legal proceedings and arbitration, South Africa is an attractive state for study. Author emphasizes that the South African Republic throughout its existence has been influenced by two legal families: Anglo-Saxon and Romano-Germanic. Therefore, it is important to note that South Africa refers to a mixed system of law. To date, South Africa has two international commercial arbitration: the Arbitration Foundation of South Africa and the Association of Arbitrators. In the conclusion author points out that the development and establishment of the centers of the arbitration fund continues: new centers are being established, and the system of procedures for dealing with cases in already established centers is being improved.
