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Sanctioning Apartheid - KORA

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paid jobs nor landg Forced removals and unemployment pushed<br />

about 12 to 14 million blacls-about haIf of fie black popu-<br />

lation-hto a struggle for bare survival in the batustaw. For<br />

blacks, the spread of mechanization and automation throu@out<br />

the esonomy, spurred by US tramnational corporate injtxkbns of<br />

capital and technology, spelled fewer pb oppartunities and<br />

growing hunger.<br />

Increased External Dependence<br />

The post-SwviJle growth of Souh Mca's mufachuing<br />

industry sttengthmed minority control of the economy, but in<br />

t b nespects rendered the economy, if anyhing, more extamally<br />

dependent and hence more subject to the impact of sanctions.<br />

The new factories required imported inpub which the 1 4<br />

ecommy could not prculuce; the foreign exchange to 6nance<br />

thczq and mpanding external markeb in which to sell their<br />

output<br />

First, as the large share of US busins in wholesale trade<br />

(see Table 1) suggests, South Africa remained particularly<br />

dependent on Lransnationals for sophisticated elma<br />

equipment and parts, basportation machinery, and chemical<br />

inputs. Its domh industries achieved neither the economk of<br />

scale requked to render a basic chemicals industry viable, nor the<br />

technological s6phMhkion kr design and man^^ advanced<br />

elixhnics and porta at ion equipment and machinery. As<br />

Table 2 shows, in th@c '99&0s, South Africa imported large amounts<br />

of these from the US. In exchange, the US bought crude<br />

mate&&, including uranium, d, steel products, and "miscellaneous"<br />

manufactures.<br />

Furthmore, South Africa's man-g industry, and<br />

particularly the transport sector, required oil The US<br />

tional, F~UOT, engineered South A6ica's giant d-fsorn~<br />

prom %SOL The South African Finn& Times reports SASOL<br />

"was financed with state money and, though privatization b k<br />

place some years ago, the mmpany is effectively mntroIled by<br />

government through the state's residual 30 parent equity stake"<br />

Yet, under the 1986 sanctions act, the US State Department

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