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Disinvestment From South Africa
Disinvestment from South Africa was first advocated in the 1960s in protest against South Africa's system of apartheid, but was not implemented on a significant scale until the mid-1980s. A disinvestment policy the U.S. adopted in 1986 in response to the disinvestment campaign is credited with playing a role in pressuring the South African government to embark on negotiations that ultimately led to the dismantling of the apartheid system. United Nations resolutions and embargos In November 1962, the United Nations General Assembly passed Resolution 1761, a non-binding resolution establishing the United Nations Special Committee against Apartheid, and called for imposing economic and other sanctions on South Africa. Western nations and major trading partners of South Africa opposed the call for sanctions and boycotted the committee.Arianna Lisson"The Anti-Apartheid Movement, Britain and South Africa: Anti-Apartheid Protest vs Real Politik", Ph.D. Dissertation, 15 September 20 ...
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Petroleum
Petroleum, also known as crude oil or simply oil, is a naturally occurring, yellowish-black liquid chemical mixture found in geological formations, consisting mainly of hydrocarbons. The term ''petroleum'' refers both to naturally occurring unprocessed crude oil, as well as to petroleum products that consist of refining, refined crude oil. Petroleum is a fossil fuel formed over millions of years from anaerobic decay of organic materials from buried prehistoric life, prehistoric organisms, particularly planktons and algae, and 70% of the world's oil deposits were formed during the Mesozoic. Conventional reserves of petroleum are primarily recovered by oil drilling, drilling, which is done after a study of the relevant structural geology, sedimentary basin analysis, analysis of the sedimentary basin, and reservoir characterization, characterization of the petroleum reservoir. There are also unconventional (oil & gas) reservoir, unconventional reserves such as oil sands and oil sh ...
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Financial Endowment
A financial endowment is a legal structure for managing, and in many cases indefinitely perpetuating, a pool of Financial instrument, financial, real estate, or other investments for a specific purpose according to Donor intent, the will of its founders and donors. Endowments are often structured so that the inflation-adjusted principal (finance), principal or "corpus" value is kept intact, while a portion of the fund can be (and in some cases must be) spent each year, utilizing a prudent spending policy. Endowments are often governed and managed either as a Nonprofit organization, nonprofit corporation, a charitable foundation, or a private foundation that, while serving a good cause, might not qualify as a public charity. In some jurisdictions, it is common for endowed funds to be established as a trust (law), trust independent of the organizations and the causes the endowment is meant to serve. Institutions that commonly manage endowments include academic institutions (e.g., co ...
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Make The Townships Ungovernable
The call to Make South Africa ungovernable was a political slogan of the anti-apartheid movement in South Africa. It is closely associated with mass mobilisation against apartheid in the latter half of the 1980s. The slogan originated in a series of speeches by African National Congress (ANC) leader Oliver Tambo in 1984 and 1985, but it was adopted inside South Africa by the supporters of the United Democratic Front and associated civic organisations. The slogan conveyed a rhetorical rejection of illegitimate state authority and a strategic endorsement of mass mobilisation, which the ANC viewed as a prelude to democratic revolution. Critics of the campaign claimed that it legitimised political violence and vigilantism and permanently undermined acceptance of state authority in South Africa. Origins The desideratum of making South Africa ungovernable originated with Oliver Tambo, the exiled leader of the African National Congress (ANC). On 8 January 1984, delivering his ...
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Constitution Of The Republic Of South Africa Act (110 Of 1983)
The Constitution of 1983 (formally the Republic of South Africa Constitution Act, 1983) was South Africa's third constitution. It replaced the republican constitution that had been adopted when South Africa became a republic in 1961 and was in force for ten years before it was superseded by the Interim Constitution on 27 April 1994, which in turn led to the current Constitution of South Africa, which has been in force since 1997. Background The creation of the 1983 constitution was spearheaded by then-Prime Minister P.W. Botha. It was approved by white voters in a referendum on 2 November 1983, in which 66.3% of ballots cast were in favour of the new constitution. Provisions Among the 1983 constitution's most controversial provisions was its establishment of the Tricameral Parliament, a legislative arrangement that would permit the Coloured and Indian race groups to be represented in parliament on a segregated basis, and the abolition of the office of Prime Minister in fa ...
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Shareholder Resolutions
With respect to public companies in the United States, a shareholder resolution is a proposal submitted by shareholders for a vote at the company's annual meeting. Typically, resolutions are opposed by the corporation's management, hence the insistence for a vote. "Voting has long been recognized as one of the primary rights of shareholders." For publicly held corporations in the United States, the submission and handling of resolutions is regulated by the Securities and Exchange Commission (SEC). Shareholders submit resolutions dealing primarily with corporate governance, such as executive compensation, or corporate social responsibility issues, such as global warming, labor relations, tobacco smoking, human rights, and animal welfare. Virtually all shareholder resolutions are non-binding (or "precatory," to use the legal term of art).Monks, Robert A. and Nell Minow. ''Corporate Governance''. Blackwell Publishers, 2001. In this sense the voting on these resolutions more closely ...
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General Motors
General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. The company is most known for owning and manufacturing four automobile brands: Chevrolet, Buick, GMC (marque), GMC, and Cadillac, each a separate division of GM. By total sales, it has continuously been the largest automaker in the United States, and was the List of manufacturers by motor vehicle production, largest in the world for 77 years before losing the top spot to Toyota in 2008. General Motors operates manufacturing plants in eight countries. In addition to its four core brands, GM also holds interests in Chinese brands Baojun and SAIC-GM-Wuling, Wuling via SAIC-GM-Wuling, SAIC-GM-Wuling Automobile. GM further owns GM Defense, a namesake defense vehicles division which produces military vehicles for the United States government and military, the vehicle safety, security, and information ...
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Philadelphia
Philadelphia ( ), colloquially referred to as Philly, is the List of municipalities in Pennsylvania, most populous city in the U.S. state of Pennsylvania and the List of United States cities by population, sixth-most populous city in the United States, with a population of 1,603,797 in the 2020 United States census, 2020 census. The city is the urban core of the Philadelphia metropolitan area (sometimes called the Delaware Valley), the nation's Metropolitan statistical area, seventh-largest metropolitan area and ninth-largest combined statistical area with 6.245 million residents and 7.379 million residents, respectively. Philadelphia was founded in 1682 by William Penn, an English Americans, English Quakers, Quaker and advocate of Freedom of religion, religious freedom, and served as the capital of the Colonial history of the United States, colonial era Province of Pennsylvania. It then played a historic and vital role during the American Revolution and American Revolutionary ...
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African-American
African Americans, also known as Black Americans and formerly also called Afro-Americans, are an American racial and ethnic group that consists of Americans who have total or partial ancestry from any of the Black racial groups of Africa. African Americans constitute the second largest ethno-racial group in the U.S. after White Americans. The term "African American" generally denotes descendants of Africans enslaved in the United States. In 2023, an estimated 48.3 million people self-identified as Black, making up 14.4% of the country’s population. This marks a 33% increase since 2000, when there were 36.2 million Black people living in the U.S. African-American history began in the 16th century, with Africans being sold to European slave traders and transported across the Atlantic to the Western Hemisphere. They were sold as slaves to European colonists and put to work on plantations, particularly in the southern colonies. A few were able to achieve freedom through ...
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Leon Sullivan
Leon Howard Sullivan (October 16, 1922 – April 24, 2001) was a Baptist minister, a civil rights leader and social activist focusing on the creation of job training opportunities for African Americans, a longtime General Motors Board Member, and an anti-Apartheid activist. Sullivan died of leukemia in a Scottsdale, Arizona hospital at the age of 78. Early life Born to Charles and Helen Sullivan in Charleston, West Virginia, he was raised in a small house on a dirt alley called Washington Court--one of Charleston's poorest communities. His parents divorced when he was three years old and he grew up an only child. At the age of twelve, he tried to purchase a Coca-Cola in a drugstore on Capitol Street. The proprietor refused to sell him the drink saying: "Stand on your feet, boy. You can't sit here." This incident inspired Sullivan's lifetime pursuit of fighting racial prejudice. Sullivan also attributed much of his early influence to his grandmother: As a teenager, Sullivan � ...
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Paul Simon
Paul Frederic Simon (born October 13, 1941) is an American singer-songwriter known for his solo work and his collaborations with Art Garfunkel. He and Garfunkel, whom he met in elementary school in 1953, came to prominence in the 1960s as Simon & Garfunkel. Their blend of folk and rock, including hits such as "The Sound of Silence" (1965), "Mrs. Robinson" (1968), "America (Simon & Garfunkel song), America" (1968), and "The Boxer" (1969), served as a soundtrack to the Counterculture of the 1960s, 1960s counterculture. Their final album, ''Bridge over Troubled Water'' (1970), is among List of best-selling albums, the best-selling of all time. As a solo artist, Simon has explored genres including gospel music, gospel, reggae, and soul music, soul. His albums ''Paul Simon (album), Paul Simon'' (1972), ''There Goes Rhymin' Simon'' (1973), and ''Still Crazy After All These Years'' (1975) kept him in the public eye and drew acclaim, producing the hits "Mother and Child Reunion" (1972 ...
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