Word: divested
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During his 12 years in office, President Bok's most widely publicized statements about South Africa have primarily been his defense of the University's refusal to divest from companies conducting business in South Africa. In two separate open letters on the subject. Bok has presented the University's logic in opposing divestiture, which his most recent open letter last month called "a costly and ineffective way of fighting apartheid...
Should the University divest from certain companies doing business with South Africa...
...past 20 years--and particularly since the Soweto riots of 1976--the actions of activists challenging U.S. corporate involvement in South Africa have frequently grabbed headlines in the nation's press. Candlelight processions, violent demonstrations, and even occasional institutional decisions to divest have kept the issue continuously, if sporadically, in the country's news. Yet determining the effects of this activity has been difficult at best. Has the movement simply sparked public awareness and soul-searching, or has it really affected American corporate involvement in South Africa...
...divestiture movement, it appears that local organizations did much of the work, and were helped by national groups only indirectly. In Massachusetts, a group called MassDIVEST, a coalition of local groups, spearheaded a recent successful lobbying effort to secure legislation in the Massachusetts House. The House voted to completely divest all state pension funds from companies operating in South Africa. Officials of the organization dismiss the importance of national groups in the success, saying it was primarily a local effort...
...fasted last month, several students at Williams also staged brief "sympathy fasts." Students at Columbia University also staged a candlelight vigil in support of the Harvard hunger strikers at the time. Columbia's Board of Trustees is currently considering the recommendation of the Columbia Faculty Senate that the university divest from all companies conducting business in South Africa...