To: Socially Responsible Investment Advisors

by Jennifer Davis, The Africa Fund
New York, New York, United States
July 23, 1993
Publisher: The Africa Fund
3 pages
Type: Mailing
Coverage in Africa: South Africa
Coverage outside Africa: United States
Language: English
Mailing to socially responsible investment advisors. The mailing says Nelson Mandela was unable to call for the lifting of sanctions during his recent visit as there had been no agreement on the establishment of a Transitional Executive Council; however, negotiations on an interim constitution begin on Monday, it is likely the ANC will call for the lifting of sanctions sometime this summer. The mailing says there have been a number of important developments in regard to socially responsible investment in South Africa once the ANC calls for the lifting of sanctions; these developments lay a strong-basis for supporting efforts to ensure that all South Africans benefit from the fruits of democracy once the ANC calls for the lifting of sanctions. The mailing says the South African Council of Churches adopted a draft code of conduct at its national conference in July, a copy of which is enclosed. The mailing includes CODE OF CONDUCT FOR BUSINESS OPERATING IN SOUTH AFRICA (SACC INITIATIVE, JULY 1993). The mailing discusses the ANC (African National Congress), the U.S. Conference of Mayors, the legacy of apartheid, COSATU General Secretary Jay Naidoo, Rev. John Lamola, Richard Knight, economic distortions, South African and multi-national companies, equal opportunity, training and education, workers rights, working and living conditions, job creation and security, community relations, consumer protection, environmental protection, and empowerment and back business.
Used by permission of Africa Action (successor to The Africa Fund).
Collection: Africa Action Archive