Word: nelsoned
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...white-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...
...Mark was more studious, but Eugenia was more well-rounded," says Nelson. "I spoke to Mark a week ago...He said he was surprised that a lot of people at Vanderbilt were in his situa- tion--they all had good grades but didn't getinto Ivy League schools...
...Nelson says that Harris was not even interestedin applying to any Ivy League institutions untilhe "talked her into...