Word: namibian
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...corporations of U.N. member nations to operate in South Africa. This legal development evidently did not bother the financial wizards on Boston's Federal Street who invest Harvard's money. Harvard did not buy its millions in AMAX stock until after the international court had declared the firm's Namibian operations illegal...
Last year, at an open hearing in front of the University's Advisory Committee on Shareholder Responsibility, a Harvard student spoke about AMAX's Namibian operations and asked that Harvard, following international law, sponsor an AMAX shareholder resolution requiring the company to withdraw from Namibia. In the great tradition of Harvard's free market of ideas, the committee politely thanked him for the suggestion, but seems never to have given it a moment's consideration...
...defiance of U.N. ruling since 1966. Last week, in an 11th-hour decision, retiring South African Prime Minister John Vorster announced that South Africa would conduct its own independence election in the territory, rather than allow U.N. troops and civilian personnel to supervise the election of a transitional Namibian government...
...Southwest Africa Peoples Organization (SWAPO)--the freedom-fighting organization most Western observers believe commands the support of the majority of Namibians--has rightly refused to participate in elections held in the atmosphere of intimidation and repression South African guns would guarantee. A government established with the "help" of the South Africans would undoubtedly emerge with a weak confederation structure and representation along tribal lines. Such a government merely would insure continued political and economic dominance by the whites in the territory, who currently enjoy one of the world's highest standards of living. With these realities in mind, SWAPO...
South Africa's rejection of U.N.-supervised elections will probably result in the creation of a Namibian government friendly to South Africa, without the participation of SWAPO, analysts said yesterday...