80s62. The Case for a Gold Sanction

The World Gold Commission was launched in 1988 on the initiative of the Anti-Apartheid Movement, End Loans to Southern Africa (ELTSA), the African National Congress (ANC) and South West Africa People’s Organisation (SWAPO). It exposed the central role gold mining played in the apartheid economy and campaigned for a worldwide ban on South African gold. This report set out a three-part strategy: gold sanctions against South Africa; the release equivalent quantities of gold from other countries’ reserves; and a training programme for South African exile students to learn gold mining and marketing skills.