SOUTH AFRICA

by Interfaith Center on Corporate Responsibility
New York, New York, United States
1990
2 pages
The annual report points to the release of Nelson Mandela, which Mandela attributed in part to international economic pressures. ICCR’s “Partners in Apartheid” campaign kept church action focused on Royal Dutch Shell, Chevron, Texaco, IBM, Control Data, and Unisys because their provide strategic products and services to South Africa’s economy, military, and police. American Cyanamid was added to the focus list because of its sales of chemicals to government-owned companies and other customers as well as its polluting practices and firing of a large number of workers. In all cases, the demand is complete withdrawal from South Africa, in consultation with company employees and unions. ICCR urged banks to discontinue trade loans, refrain from extending the maturities of outstanding short-term debt, and to sever correspondent banking ties with South African entities. [Note: The article is from The Corporate Examiner (Vol. 19, No. 4), which is the ICCR Annual Report for July 1, 1989 to June 30, 1990.]
Used by permission of the Interfaith Center on Corporate Responsibility.
Collection: Private collection of David Wiley and Christine Root