US Involvement in South Africa

by Southern Africa Solidarity Committee
Providence, Rhode Island, United States
Undated, Spring 1978?
1 page
Type: Leaflet
Coverage in Africa: South Africa
Coverage outside Africa: United States
Language: English
Leaflet produced as part of a campaign to get Brown University to divest from companies doing business in apartheid South Africa. The leaflet says in 1976, 25 resolutions pertaining to South Africa were passed by the U.N. General Assembly by a margin of at least 90 out of 147 votes. The U.S. was the only nation which did not vote "yes" on any of the 25 resolutions. Direct U.S. corporate investment in South Africa (1976): $1.67 billion; total percentage control of key industries: Gold Mining--33%, Petroleum--44%, Motor Vehicle--50%, Computers--70%. Amount of U.S. bank loans outstanding in South Africa (1977): $3 billion. Brown University has $23.331 million of its endowment invested in 44 American corporations operating in South Africa. (as of 11/30/77) Major black organizations in South Africa have called for withdrawal of foreign investment and a total economic boycott of South Africa. The leaflet quotes Tsietsi Mashinini, exiled president of the Soweto Students Representative Council, and the late Albert Luthuli, Nobel Peace Prize Laureate and former President of the African National Congress.
Collection: Dean McHenry, Jr. Southern Africa Collection, Michigan State University Libraries Special Collections