Word: southafrica
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This latest move toward divestment comes aftera decade of pressure on the University to divestof stock from compnaies doing business in SouthAfrica, which led to a policy of selectivedivestment. Harvard in 1986 divested about $157million in South Africa-related stocks--about athird of its holdings at the time. That total hassince fallen to about $200 million, in partbecause of the October stock market crash...
Even as his faint hopes of stopping Dukakis'nomination were being snuffed out, Jackson was atwork on the next phase of his campaign. He said hehad earned "the option" of a vice presidentialoffer, vowed a floor fight at the convention ifDukakis doesn't toughen his position against SouthAfrica and pressed for changes in delegate rules...
...would hope that some time frame would beintroduced. We have not moved forward on thisissue since December--a lot has happened in SouthAfrica since December," Wood said. "We are on awarped time frame already. We're discussing issuesthat have been relevant for three years...
...will hold the money we raise from theUniversity until they divest all funds from anybusinesses with investments in South Africa, oruntil the UN [United Nations] certifies that SouthAfrica has fully dismantled apartheid and turnedover the reigns of the government to its blackmajority," Richards said...
...symbol of working for change in SouthAfrica," said Sidel. "It's nice to be a part ofthat effort and be recognized by him as part ofthat effort...