Problem

Capital investments supporting racial discrimination

Other Names:
Active racial prejudice by investors
Incidence:

Transnational corporations, banks, insurance companies, firms and other enterprises did not break all the business ties with South-Africa even if they publicly disinvested. They have shut down sales and representative offices and subsidiaries, but through new acquisitions have maintained ongoing relations. They have reduced direct investment, but partial sales amount to nothing more than change of ownership, parent companies retaining hold on the financial and commercial markets. Sales to third parties, local management or to a trust have not decreased the ex-subsidiaries dependence on the parent company.

Broader Problems:
Unethical investment
Related UN Sustainable Development Goals:
GOAL 8: Decent Work and Economic GrowthGOAL 10: Reduced Inequality
Problem Type:
E: Emanations of other problems
Date of last update
23.10.2019 – 16:33 CEST