South Africa's 1980s debt crisis and the path to democracy – details of secret negotiations revealed
South Africa’s 1980s debt crisis and the path to democracy – details of secret negotiations revealed Rebecca Pitt The South African Debt Crisis 1985/6 collection donated to Stellenbosch University’s library, records how the crisis was averted and includes details on the country’s transition to democracy, including that UK prime minister, Margaret Thatcher, gave former president PW Botha an ultimatum to stand down from his presidency. The historical collection includes administrative correspondence between banks, detailed lists of banks contacted and debt amounts, p...
Source: msn.com