Article "UR has investments in South Africa"

Article "UR has investments in South Africa"

This article addresses the University of Richmond's investments in South Africa during apartheid. It explains how different governments are divesting in South African companies following the Sullivan Principles, a set of guidelines a company must follow regarding diversity and protesting the apartheid state in South Africa, a government system founded on racial segregation. President Heilman had revealed that the University does have investments in South Africa, but was unsure of their extent, and the Board of Trustees had appointed a committee chaired by Stanley F. Pauley to investigate the university's portfolio and consider divestment. The university had had a similar committee a few years prior. The university's first black tenured professor, Dr. Lorenzo Simpson, is quoted: "Selective divestment (according to the Sullivan Principles) is a way of prematurely diffusing outrage...I'm not criticizing the Sullivan principles, I'm saying that they don't go far enough."

Mendell, Lisa and Cynthia Oakes. "UR has investments in South Africa" The University of Richmond Collegian 72, no. 8 (October 24, 1985): 1. https://collegian.richmond.edu/?a=d&d=COL19851024.2.2&e=-------en-20--1--txt-txIN-

The Collegian, University of Richmond

1985-10-24

English

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Richmond (Va.)