Word: namibia
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Even more important was the Corporation's decision, following the ACSR's lead, to call on Phillips Petroleum to withdraw from Namibia and on General Electric to disclose information on its South African operations...
...NAMIBIA, a de facto province of South Africa, is similar to South Africa in the extreme inequality they both enforce between blacks and whites. Questions of international investment in the occupied territory, however, assume a different character from issues of investment in South Africa because of charges that South Africa's control over Namibia is illegal...
Harvard's newly-formed Advisory Committee on Shareholder Responsibility (ACSR) decided two weeks ago to endorse a shareholder resolution calling for the withdrawal of Phillips Petroleum from Namibia. Several ACSR members stated that the official illegality of South Africa's rule was the crucial factor in their decision...
...committee recommended that the trustees abstain from voting on a resolution calling for American Metal to curtail its investments and operations in Namibia, South Africa...
Harvard this month took an opposing position and decided to support a resolution that would prohibit Phillips Petroleum from conducting operations in Namibia...