THE WITHDRAWAL DEBATE - U.S. Corporations and South Africa

CIC Brief
by Corporate Information Center
New York, New York, United States
June 1973
Publisher: Corporate Information Center, National Council of Churches
4 pages
Type: Pamphlet
Coverage in Africa: Angola, Namibia, South Africa, Southern Africa
Coverage outside Africa: United States
Language: English
The pamphlet focuses on the argument for corporations investing in South Africa and working for reform versus withdrawing. The pamphlet points out that foreign investment has been identified as a major reason for the continuation of white minority rule and oppressive racial policies. The pamphlet quotes George Houser, executive director, American Committee on Africa. Corporations mentioned in the pamphlet include Chase Manhattan Bank, General Motors (GM), IBM, ITT, Mobil Oil Corporation, and Polaroid Corporation. The pamphlet mentions FRELIMO in Mozambique, PAIGC in Guinea-Bissau and Cape Verde, SWAPO in Namibia, and the African National Congress in South Africa. • Significance of Foreign Investment • Argument for Investment • The Policy of Reform • Argument for Withdrawal • Income Levels • Education and Health • Call for Withdrawal • Note on Terminology • Organizations working on Southern Africa Issues (not inclusive)
Used by permission of the Interfaith Center on Corporate Responsibility (successor to the Corporate Information Center).
Collection: Private collection of David Wiley and Christine Root