African Activist Archive

Contents: DIVEST • WHY DIVEST • Why South Africa? • APARTHEID means... • the call for withdrawal • their voices • THE FIRST NINE • COST-BENEFIT RETORT • Newspaper published by the Stanford Committee for a Responsible Investment Policy (SCRIP) for campaign to get Stanford University to divest from companies doing business in South Africa. SCRIP, a group of students, faculty and workers, advocates total divestment of all university stock in corporations operating in apartheid South Africa. It is beginning its campaign by focusing on nine corporations; last spring, proxy resolutions calling for either withdrawal or non-expansion of operations in South Africa were presented to shareholders of five of these corporations. The newspaper mentions Union Carbide, Goodyear, General Motors (GM), Ford, General Electric (GE), Bank of America, IBM, Del Monte, Mobil Oil, vanadium, rubber, South African Railways, automobile market, police and army vehicles, the National Council of Churches Corporate Information Center, transfer of prisoners to jail, diesel locomotives, industry, defense, U.S. banks and computer companies, the Department of Defense and Prisons, the Atomic Energy Board, the Council for Scientific and Industrial Research (CSIR), the Department of the Interior, the pass book system, South African Preserving Company, vegetable canning, agriculture, exports, black employees, oil refineries, Exxon, Caltex, job reservation, Bantustans, influx control, labor regulation, political repression, the South African petroleum industry, Chrysler, the African National Congress (ANC), the Black Peoples Convention (BPC), Chief Albert J. Luthuli, the Pan Africanist Congress (PAC), Fatima Meer, the Indian Congress of South Africa, foreign investment, reduced investment choices, corporate gifts, William Massey, and fiduciary duty.

African Activist Archive

SCRIP'S POSITION: DIVEST

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