Apartheid is Bankrupt. No Debt Rescheduling

Apartheid is Bankrupt. No Debt Rescheduling

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by Anti-Apartheid Movement,End Loans to Southern Africa
London, United Kingdom
Year unknown, second half of the 1980s
Type: Poster
Coverage in Africa: South Africa
Coverage outside Africa: United Kingdom
Language: English
British banks are allowing South Africa to keep billions of dollars which they should be demanding back. Protest against the banks involved: NatWest, Barclays, Standard Charter. Apartheid costs - don't let British banks foot the bill. No debt rescheduling!
By the 1980s South Africa was heavily dependent on loans from US and British banks. After the apartheid government declared a moratorium on the repayment of its foreign loans in 1985, the Anti-Apartheid Movement (AAM) and End Loans to Southern Africa (ELTSA) stepped up their campaign to stop the banks rescheduling South Africa’s debt.
Used by permission of the Anti-Apartheid Movement Archives Committee.
Collection: Anti-Apartheid Movement Archives, Bodleian Library of Commonwealth and African Studies at Rhodes House, Oxford University, Oxford, UK