by Committee to Oppose Bank Loans to South Africa
New York, New York
July 6, 1978
The newsletter reports on the House Banking Committee’s vote to support an amendment to end Export-Import Bank financing to South Africa. On June 2, the full House approved a compromise amendment by a vote of 219-116 to end only Ex-Im financing to the South African government, its agencies, and private companies which have not endorsed nor are "proceeding toward implementing" a modest standard of fair employment principles. On the weekend of June 16, demonstrations in Europe, Africa, and across North America marked the second anniversary of the Soweto uprising. The newsletter reports on activity in Toronto; Washington, D.C.; Milwaukee, Wisconsin; California; Chicago; Minneapolis; North Carolina; Boston; Rochester, and New York. The newsletter reports that Prexy Nesbitt is resigning from the American Committee on Africa; ACOA is seeking a staff person to work on both the bank campaign and campus work. The newsletter mentions First National Bank of Boston and Manufacturers' Hanover Trust. The newsletter reports on activity of the Chicago Coalition on Southern Africa, Clergy and Laity Concerned, and the Ad Hoc Committee Against Bank Loans to South Africa. The newsletter includes material from the Coalition Against Corporate Involvement in Southern Africa on North Carolina National Bank (NCNB) Loans to South Africa. The newsletter includes two newspaper articles, "Rumours of R95m secret loan to SA" and "Barclays faces protest."
This item was digitized for Aluka, which made it available to the African Activist Archive.
Used by permission of Africa Action (successor to the American Committee on Africa).
Collection: Africa Action Archive