African Activist Archive

In a cover letter Dumisani Kumalo says the campaign to end investment of public funds in banks and corporations dealing with South Africa was met by a very determined opposition this past year; U.S. companies that are supporting apartheid, are trying to take advantage of this being an election year by traveling around the country testifying and lobbying against divestment, most of the time accompanied by South African government officials. Kumalo says the campaign won an exciting victory when Washington DC unanimously passed a bill requiring the divestment of pension funds. The newsletter includes a state by state report on the campaign to get states and cities to divest public funds from companies doing business in South Africa and Namibia including in: Alabama, Arizona, California (including Santa Cruz), Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Maryland, Michigan, Minnesota, Nebraska, New Jersey, New York (including New York City), Ohio (including Cleveland), Pennsylvania, Rhode Island, Wisconsin, and Washington, DC.

African Activist Archive

Public Investment and South Africa Newsletter

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