Copy of a letter dated April 14, 1992 from Jay Naidoo, General Secretary, Congress of South African Trade Unions, to Jennifer Davis, Executive Director, The Africa Fund that was circulated to anti-apartheid activists in the United States. The letter says COSATU has adopted a "Code of Conduct for Multi-National Companies Investing in South Africa as discussed at COSATU Economic Policy Conference 27 - 29 March 1992" (copy attached). The code aims to provide guidelines for investors in a democratic South Africa once there is an official call for economic sanctions to be lifted. There is no change in the policy of supporting economic sanctions now, but we need to be ready when the liberation...
Copy of a letter dated April 14, 1992 from Jay Naidoo, General Secretary, Congress of South African Trade Unions, to Jennifer Davis, Executive Director, The Africa Fund that was circulated to anti-apartheid activists in the United States. The letter says COSATU has adopted a "Code of Conduct for Multi-National Companies Investing in South Africa as discussed at COSATU Economic Policy Conference 27 - 29 March 1992" (copy attached). The code aims to provide guidelines for investors in a democratic South Africa once there is an official call for economic sanctions to be lifted. There is no change in the policy of supporting economic sanctions now, but we need to be ready when the liberation movement decides the time is right to call for the lifting of sanctions. A code of conduct will lend support to a new campaign for building economic justice on the ruins of apartheid. In time, unions, churches and community and political organizations can put pressure on all companies in SA to endorse and honor the principles in the code. The code aims to encourage investment that creates jobs in companies that respect worker rights and environmental constraints, provide decent working conditions, and promote affirmative action to redress the legacy of apartheid. In the next few weeks, COSATU affiliates will be discussing the Code of Conduct and debating how a code should be monitored and implemented. The mailing mentions ILO (International Labor Organization), equal opportunity and treatment, security of employment, training and adult education, occupational health and safety, science and technology, corporate social responsibility, disinvestment, social and labor laws, and discrimination.