jun 3, 1959 - The Bantu Corporation Investment Act
Description:
The apartheid planners and Bantustan leaders had harboured some hopes that the homelands could be made economically viable, or at least partially self-supporting, by encouraging businessed and industries to relocate close to their borders in order to take advantage of the huge reservoir of cheap labour.
This was officially encouraged through the Bantu Corporation Investment Act of 1959.
However, these hopes failed to materialize.
The Bantustans were to remain semi-rural backwaters, with few opportunities for Africans to work.
Added to timeline:
Apartheid in South Africa
Date:
