U.S. Churches Pledge Intensive Opposition to U.S. Corporations in South Africa - Part Three

THE CORPORATE EXAMINER
(Vol. 14, No. 6)
by Interfaith Center on Corporate Responsibility
New York, New York, United States
1985, month not known
8 pages
Type: Newsletter
Coverage in Africa: Namibia, South Africa
Coverage outside Africa: United States, United Kingdom
Language: English
Contents: South Africans Support Foreign Disinvestment • THE MOTOR INDUSTRY IN SOUTH AFRICA • Motor Industry Thrives in South Africa • Ford and General Motors Play Major Role • Police and Military Customers • Collaboration with the Apartheid Government • Centralized Government Purchasing • Economic Downturn Forces Changes in the Industry • FORD MOTOR CO. • GENERAL MOTORS CORPORATION • MINING INDUSTRY • U.S. Role • Low-paid Black Labor • Migrant Labor and the Homelands Policy • Apartheid Laws and U.S. Mining Companies • NEWMONT MINING CORPORATION • Other Publications on South Africa Available from ICCR • United Democratic Front (UDF) Condemns Foreign Investment In Apartheid • South African Government Declares State of Emergency • Twelve companies with long histories of complicity with South African apartheid have been selected for intensive action by U.S. church investors. A special three-part Corporate Examiner series (Volume XIV, numbers 4, 5, 6, 1985) profiles these companies by industry, with information about Number of Employees, Total Assets, Total Sales, Name of Subsidiary/Affiliate, Description of Operations, Strategic Role, History of Institutional Shareholder Action, Company Position and Church Position. The newsletter quotes Desmond Tutu, Anglican Archbishop of Johannesburg and winner of the 1984 Nobel Peace Prize; Federation of South African Trade Unions (FOSATU), South Africa's largest federation of black trade unions; Allan Boesak, President of the World Alliance of Reformed Churches; the South African Council of Churches (SACC); Steve Biko, leader of the Black Consciousness Movement, killed in 1977 while in the custody of the South African police; and Albert Luthuli, Winner of the Nobel Peace Prize and former president of the African National Congress (ANC). The newsletter discusses the Internal Security Act of 1982, divestment, Toyota, Nissan, Volkswagen, Mercedes-Benz, a "local content" program, gross domestic product (GDP), U.S. Commerce Department export regulations issued in 1978, Ford's Canadian subsidiary, the Anglo-American Company, the arms embargo, a national key point, an all-white "commando unit" composed of GM employees, shareholder meetings, Port Elizabeth, Ford Motor Co. of SA, SAMANCOR (South Africa Motor Corp.), International Minerals and Chemicals Corporation (IMC), Phelps Dodge Corporation, Standard Oil Company (Ohio), Union Carbide Corporation, United States Steel Corporation, vanadium mining, manganese, chrome, miners, homelands (Bantustans), Bophuthatswana, a copper mine, O'okiep Copper Co., Tsumeb Corp., Palabora Mining, Highveld Steel and Vanadium, Rockefeller Foundation report “South Africa: Time Running Out,” the Nationalist Government, P.W. Botha, U.S. and British collaboration with the apartheid regime, Dr. Beyers Naude, Victoria Mxenge, teargas, Winnie Mandela, Nelson Mandela, political prisoners, and exiles.

Used by permission of the Interfaith Center on Corporate Responsibility.
Collection: Miloanne Hecathorn papers