Word: divested
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...have charged that the ACSR has had no influence on the Corporation, but has only deflected student from the board. In fact, it was massive student protests in 1978 that forced the only change in University policy on investments in South Africa. The Corporation said then that Harvard would divest from banks that lent money directly to the apartheid regime. The ACSR, on the other hand, has tried without any success to force the University to sell shares in companies whose South African operations fail to meet the Sullivan Principles, minimum wage, and fair labor standards. Earlier this year...
...this month that enabled some blacks to become permanent residents in urban areas, and Prime Minister Botha's plan, announced last year, to grant Asians and mixed-race "coloreds" a limited role in a white-dominated Parliament. By contrast, Eagleburger charged, any campaign to encourage U.S. companies to divest themselves of their holdings in South Africa would only "assure America's irrelevance to South Africa's future...
...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 MassDIVISI, 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...