What happens when African societal norms meet modern commercial practice? From boardrooms in Sandton to the cultural mash-up and the “popular economy” of a South African township, African business people of different ethnicities and world views are contracting on a daily basis.
Is there anything peculiarly “African” about this process, or are all business people the conventional profit-maximising individuals of free market economic theory? The answer here informs the related policy question as to whether South Africa needs to develop a dedicated indigenous law of contract.
IN ADDITION: For those wanting to read the full-length journal article, currently placed 7th on the top 10 list for the South African Journal on Human Rights, the article may be downloaded here on a free-to-access basis for a limited period of about two months from beginning March 2018.