Word: mandelas
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...dominated Parliament approves the transitional council this week -- no difficulty is predicted -- the A.N.C. has promised it will call for the termination of international economic sanctions. South Africa's painful 30-year isolation from the world community will finally come to an end. Anticipating that moment, A.N.C. president Nelson Mandela last week made an urgent plea for foreign firms to help repair the wreckage of the long antiapartheid struggle. "We need massive investment," he told a group of South African businessmen in Cape Town. Lifting sanctions, Mandela said, would be "an important psychological step" toward renewal...
...will those who fought so long to close off the spigot have the same success at opening it back up? Even with Nelson Mandela's imprimatur, money is unlikely to come gurgling into South Africa soon. First investors will want to weigh the risks and prospects on the new political landscape. "Like others, we're reading the tea leaves before we decide what to do," said a spokesman for IBM, which sold its operations to a local concern known as ISM in 1987. The most intimidating hurdle that prospective investors face is the continuing level of factional violence, most...
...Once organizations like the A.N.C. give the nod, says Leland Jones, a spokesman for Mayor David Dinkins, the Big Apple could scuttle its prohibitions within 30 to 60 days. That would put managers of $50 billion in New York City pension funds on notice that they can give Nelson Mandela some of the help he is asking...
...past few years have been an age of miracles. Unimaginable events, consummations devoutly wished for but never really expected, have succeeded one another as if the Creator had whistled up a new world. The Berlin Wall tumbles. The Soviet empire melts away. Nelson Mandela, free at last, begins to bring democracy to black South Africans. Now comes what must be considered one of the greatest miracles of all: the first acknowledgment by Israelis and Palestinians that they can share the land both call home...
...alleged abuses were committed in a state of siege. They were not committed as part of a deliberate and systematic policy." AFRICAN NATIONAL CONGRESS PRESIDENT NELSON MANDELA apologizing for atrocities allegedly committed by the A.N.C. against suspected enemies. Apology lag: Several years...