Investment in South Africa

1213 WordsJun 24, 20185 Pages
Caltex plant was established in South Africa in 1977 after the owners decided to expand its operations in South Africa. The construction of the plant brought controversy over the interested parties, there were two dimensions of the utilitarian benefits of the Caltex plant, and there were violations of the justice and of moral rights whereas on the other side there were possible benefits to the South Africans. The plant setup was helpful in that it provided job opportunities to majority of South African blacks, for their families and dependants. By 1976, American companies in south Africa had employed more than 60,000 people, this ensured that they had something to rely on for their survival, another benefit is that Caltex provided support…show more content…
For the second resolution, that asked Caltex not to sell to the police or military of South Africa, again I will vote for the stand, investments in South Africa were not meant to improvise or innovate on new ways of furthering apartheid; it should stop selling the oil to the forces. This will ensure any expenditure on death, violence, segregation and unwarranted imprisonment is cut down to earth, my vote will be a strong position irrespective of amid protests from other majority shareholders. There are expectations that bureaucracy in the government will maneuver its way to ensure sales to oil the military and police, since the military and the police were the heartbeat of unlawful apartheid, any action separating Caltex from their operations will be a huge boost to the south Africans. For the third resolution, I will vote for the implementation of four tutu principles, though the principles are moderate, they were aimed at blackmailing the government in apartheid by submissions of articles cleverly written, though the clause on unions brings controversy as they may ultimately become political platforms. The managers of Texaco and So Cal should have been human and make resolutions to vote as I would have voted, all human beings are equal and none should suffer on only because the other party has a comparatively advantageous position. Universal code of ethics should guide each
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