|
|
Article: As South Africa ends historic vote, more sanctions likely to be lifted. (Focus)
- Article from:
- The Bond Buyer
- Article date:
- April 28, 1994
- Author:
CopyrightCOPYRIGHT 1994 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
A successful conclusion to this month's national elections in South Africa could prompt a repeal of many remaining sanctions that prohibit certain U.S. cities and states from doing business with firms that have South Africa ties.
The vote, which began Tuesday and concludes today, marks South Africa's first nonracial national elections and in all probability means the end to centuries of white minority rule.
States and localities, following the lead of activist Nelson Mandela, have already removed many of the sanctions that made South Africa an economic pariah for its apartheid policies. Mandela, the president of the African National Congress and probable ...