80s54. ‘No Debt Rescheduling’

80s54. ‘No Debt Rescheduling’

In August 1985 South Africa announced a moratorium on the repayment of its foreign debts after the US bank Chase Manhattan refused to roll over its loans. As a result, South Africa was forced to negotiate a series of short-term rescheduling agreements with overseas banking consortia. The AAM and End Loans to Southern Africa (ELTSA) campaigned to persuade the banks to refuse any further loans until apartheid was dismantled.

Category: 1980s
Author: Anti-Apartheid Movement and End Loans to Southern Africa
Copyright: AAM Archives Committee
Holding Institution: AAM Archive, Bodleian Library
Catalogue: MSS AAM 2227