The newsletter reports that major U.S. corporations have announced plans to "disinvest" from South Africa in response to the divestment movement and political and economic unrest in South Africa. These disinvestments are of two types: l) genuine corporate withdrawal (e.g., Kodak, which will sell its assets and halt all sales in South Africa) and 2) corporate shell games in which formal ownership changes but provision of products and technology continues (e.g., IBM, GM, and Coca-Cola following the lead of GE, GTE, Motorola and Navistar). Contents: U.S. Corporate Withdrawal: Sham and Substance • Student Groups Continue To Target IBM, GM, and Coca-Cola • Direct Action Protests...
The newsletter reports that major U.S. corporations have announced plans to "disinvest" from South Africa in response to the divestment movement and political and economic unrest in South Africa. These disinvestments are of two types: l) genuine corporate withdrawal (e.g., Kodak, which will sell its assets and halt all sales in South Africa) and 2) corporate shell games in which formal ownership changes but provision of products and technology continues (e.g., IBM, GM, and Coca-Cola following the lead of GE, GTE, Motorola and Navistar). Contents: U.S. Corporate Withdrawal: Sham and Substance • Student Groups Continue To Target IBM, GM, and Coca-Cola • Direct Action Protests and University Discipline • Shantytown and Other Protests Continue • University Of Hawaii: Successes and Difficulties of a Campus Movement
