FDI(Foreign direct Investment) is a good thing, when it is more balanced. Nearly all countries have import and export of fixed investments, or interests in foreign business. The problem in SA is that they have too much going out(exporting) than coming in.
Mike Schüssler posted detailed findings on MoneyWeb. He analyzed the data from Unctad(UN Conference on Trade and Development). His findings showed that SA was the 3rd biggest exporting of capital as a percentage of their GDP in the world, however they attrack far less FDI as a percentage of GDP than any other emerging market.
What does this mean? Less available jobs. FDI and job creation have a close relationship. Foreign fixed investment, or lack thereof in SA leads to job loss, and impoverishes the people.
Bottomline, if SA attracted more FDI and kept their homegrown companies in SA, the countries employment rate could be a third of what it is today. Currently only 3 of every 10 adults hold a job, leaving some 10 million unemployed, these are the real victims. This is what the top agenda should be in upcoming elections.