African Activist Archive

This document appears to be three leaflets, all concerning South Africa's nuclear program. 1) "U.S. Banks Financing South Africa's Nuclear Program" discusses loans to both uranium mines in Namibia and South Africa's Electricity Supply Commission (ESCOM), a government-owned corporation that owns and operates the country's electricity industry, including its nuclear energy program. U.S. banks that recently made loans to ESCOM include Bache Halsey Stuart Shields Inc., Chase Manhattan, Citicorp, Dillon Read, Drexel Burnham Lambert, Goldman Sachs and Co., INA Corp. via Blyth Eastman Paine Webber, Kidder Peabody and Co., Lazard Freres and Co., Manufacturers Hanover, Morgan Stanley and Co., Smith Barney Harris Upham, and Dean Witter Reynolds. Loans to military-related South African companies linked to the nuclear program include Chase Manhattan, Citibank, First Pennsylvania, and Manufacturers Hanover, among others. Loans to directly finance nuclear program or uranium mining in Namibia include Chase Manhattan, Citibank, European-American Banking Corporation, and Marine Midland (through its shares in European bank), among others. 2) "Citizen Action to End Nuclear Collaboration with South Africa" includes sections on researching your community's nuclear links with South Africa and on national legislation to end nuclear collaboration with South Africa. 3) "Collaboration with South Africa's Nuclear Program Fact Sheet" discusses the role of the U.S. government and corporations as well as identifying numerous other countries that are involved.

African Activist Archive

U.S. Banks Financing South Africa's Nuclear Program

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