Testimony of Carole Collins, National Coordinator, Campaign to Oppose Bank Loans to South Africa in Support of D.C. Bill No. 5-18 to Divest City Funds From South Africa
Testimony of Carole Collins, National Coordinator, Campaign to Oppose Bank Loans to South Africa in Support of D.C. Bill No. 5-18 to Divest City Funds From South Africa
Testimony in support of bill 5-18 to divest city funds from South Africa before the Committee on Consumer and Regulatory Affairs of the City Council of the District of Columbia. The testimony includes recommended changes in the bill. Contents: What is Apartheid? • American corporate investments in South Africa help maintain apartheid • What is the US corporate stake in South Africa? • U.S. financing of apartheid • The Proposed D.C. Bill • Will divestment cause loss of value of DC pension funds?
