Public Investment and South Africa Newsletter

(Number 3)
by American Committee on Africa
with Dumisani Kumalo
New York, New York, United States
April 1983
20 pages
Type: Newsletter
Coverage in Africa: Namibia, South Africa
Coverage outside Africa: United States
Language: English
In a cover letter Dumisani Kumalo says legislation dealing with public investment in South Africa has passed or is under consideration in 24 states, the District of Columbia and 19 cities. The newsletter says 1982 saw unprecedented victories for the campaign to withdraw public funds from corporations and banks investing in South Africa. The newsletter says it is estimated that state and municipal legislation passed in 1982 will force the divestment of more than $300 million in securities and bank deposits. The newsletter includes information on the divestment campaign in Alabama, California (including Berkeley, Cotati, Davis), Colorado, Connecticut (including Hartford), Delaware (including Wilmington), Florida, Georgia (including Atlanta), Illinois, Indiana (including Gary), Iowa, Kansas, Maryland, Massachusetts (including Cambridge), Michigan (including Grand Rapids, East Lansing), Minnesota (including Minneapolis-St. Paul), Nebraska, Nevada, New Jersey, New York (including New York City), Oregon (including Portland), Ohio, Pennsylvania (including Philadelphia), Rhode Island, Texas (including Dallas), Washington (including Seattle), Wisconsin (including Madison), and Washington, DC. Included with the newsletter are copies of the bill passed by the state of Massachusetts, the ordinance passes by the city of Philadelphia, and two newspaper articles Union reviews Sullivan Code and Direct foreign investment in SA falls.
Used by permission of Africa Action (successor to the American Committee on Africa).
Collection: Africa Action Archive