The WeekThe Week Vol. 1, No. 22, 28 May 1964based on a Guardian report BRITISH INVESTMENT IN SOUTH AFRICA
The Week Vol. 1, No. 22, 28 May 1964 · p. 8 of the scan · 100 words
The scan: The Week v1 no22.pdf (PDF, Marxists Internet Archive, opens at this page)
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based on a Guardian report
Britain has a £1,000 million investment in South Africa and she receives 13% on its net assets in the Republic against 7.2% in the rest of the world, according to the managing director of the Trust Bank of Africa, He puts the American stake in South Africa as £200 million. The yield on direct investment in industries amounted to 12.6% in 1962, against only 6.6% in “estern Germany and 2.9% in South America, COMMENT: These figures show much more clearly than talk about ‘harming the native people' the reasons why big business opposes the boycotte