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 Aggravates:
RacismPassive discrimination Subject(s):
Commerce → FinanceCommerce → Investment
Society → Racial, ethnic groups
Related UN Sustainable Development Goals:
Problem Type:
E: Emanations of other problems Date of last update
04.10.2020 – 22:48 CEST