Word: anti-apartheid
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...Harvard student was arrested by Washington D.C. police Friday for crossing police lines in front of the South African embassy to protest for anti-apartheid and divestment...
These proposals include commitments to engage in "intensive dialogue" with companies that do business in South Africa, and to "vote...shares and to seek other means of persuasion to induce companies...to implement...anti-apartheid principles." These comprehensive plans would seem to lend credibility to the Corporation's argument that it can accomplish more to bring about change in South Africa by retaining its shares than it can by pulling out altogether...
...will it hold any debt securities in banks that loan to the South African government. On two occasions Harvard has divested such debt securities. Harvard will also vote its shares and seek other means of persuasion to induce companies in its portfolio to implement each of the following anti-apartheid principles...
Last year Harvard initiated dialogues with nineteen companies to probe the extent of their active compliance with these basic anti-apartheid principles. The outcome of these dialogues, including those described in the accompanying Progress Report, is as follows. Seven companies initiated concrete steps to demonstrate compliance with the above mentioned principles. Four other companies provided the Corporation Committee on Shareholder Responsibility (CCSR) enough information on their existing activities to satisfy the concerns that had led the CCSR to initiate the dialogue. Communications with three companies are still in progress, and Harvard disposed of the stock of four other companies...
...remaining six, however, are expected to be charged under the country's Internal Security Act with subversion, treason or promotion of an unlawful organization. The maximum penalty: a life sentence or death. In a further indication of its tough mood, the government last week arrested two of three anti-apartheid activists as they left the British consulate in Durban after seeking sanctuary in the building for 91 days. They are expected to be charged in the same fashion...