Sanctioning Apartheid - KORA

Sanctioning Rpmfheid
10. The market capilalhtion vaIue of the Zimbabwe stodEr lexchangp!
in July 1987 was S 629 mn. Of this, over P150 rnn was made up
of the cantributims horn the Delta Corpwnfion, M Wings,
~Nnaspppzn,~ZimbankAp?x.
11. Ofaour~eoneneedstobecarefulaboutdrawingspedfiecondu-
aIons fiwm aggregate bends; in a number of fields Zimbabwe
remains as dependent uponhth Africa £or imported inputs now
as it was at Independ-
12. For instance, the rail bridge 45 miles from Mapub on the mute to
ZimbabwevIaRessanoGarriawass;ibotaged~119September1987
and repair work was mpkted by 3 October while a minor
d e t on the Beira line in late September only halbed traffic
for a few days (see The FimmciaI W e , 16 October 1987).
13. Report to the first annual meeting of the eoG, reported In IhE
FiMnckrs Guxe&IS September 1987.
14. See, for exampIe, I Phimister, "Indus$iaIisation and S&ImperM-
Ism: South Rhodesia and South African Trade Rela~ons
Between The WamIP paper v t e d to the workshop on Albma-
We Devdopment Strategies in Afrio, Queen E?hbeth House,
Chdord, %pkmber 1987 bimed.
15. For instance, if South is able to r n a n goods ~ ~ requrred
by Zimbabwe at t&mathaUy wrnpetitive prices but, as was the
case in 1986, trampoft, freight and hsumw costs of bringhg
South African goods to the Zimbabwe border a ~e 10% of the exfachry
oast but for European po& are 30% of the ex-fa* mst,
then South African ampb are able to innease the pice they
charge to justbelowthelanded mstofE~lt~peangoodsandstillbe
~psrfor-purrhasers.
16. The~Ana'-~~~1986requiredthe~en
b imps~ tighter sadions against South Africa in the event of no
pmgressbeing~~detoehinateapartheidandforhimtowbrk
witfi US. alIies to irnpkmd wider sanctions against SwCh Africa
17. The inmead me of hmoiives on the Beira Ilne is only partly
related to the huead use of the line. Far security masons, the