Bantu Investment Corporation Act, 1959
Bantu Investment Corporation Act, 1959 | |
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Parliament of South Africa | |
Long title
| |
Citation | Act No. 34 of 1959 |
Enacted by | Minister of Bantu Administration and Development |
Repealed by | |
Promotion of the Economic Development of Bantu Homelands Act, 1968 | |
Status: Repealed |
The Bantu Investment Corporation Act, Act No 34 of 1959, formed part of the apartheid system of racial segregation in South Africa. In combination with the Bantu Homelands Development Act of 1965, it allowed the South African government to capitalize on entrepreneurs operating in the Bantustans. It created a Development Corporation in each of the Bantustans.[1]
References
- ^ "Legislation: 1950s". South African History Online. Retrieved 3 May 2010.