fai09. ‘Time to Withdraw’, World Council of Churches, 1972
fai09. ‘Time to Withdraw’, World Council of Churches, 1972
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Description
In 1972 the World Council of Churches Central Committee resolved to sell its investments in companies involved in South Africa, Namibia, Zimbabwe and Portugal’s African colonies. It urged member churches and individual Christians to press corporations to withdraw their investments. The move followed the WCC’s historic decision in 1968 to set up its Programme to Combat Racism (PCR) and ask member churches to withdraw investments from institutions that perpetuate racism. This pamphlet set out the arguments behind the WCC’s resolution.