Comment

Professor Kemp expressed his appreciation of the value of these two concrete and complex illustrations of the themes of the Conference, and noted the complementarity of the papers. Clearly, Mr Nxumalo’s paper constituted a sincere invitation to potential investors to open discussions and negotiations which might lead to subsequent investment in Swaziland. But, Professor Kemp noted, potential investors who were about to enter into such negotiations should not suppose that these were likely to be either simple, short-lived or inexpensive. Indeed, Mr Ostrander’s paper supplied the details of the effort, the day-to-day triumphs and disappointments, the infinity of problems both large and small, the exasperation — all of which were apparently unavoidable and necessary prerequisites not only to the discussions and negotiations, but also, in extended and expensive form, to the successful completion of the specific investment project itself. Even this was not the end, but the beginning; for no project could be successful unless it was regarded as such by the investors themselves.