HC Deb 23 March 1965 vol 709 cc59-60W
Mr. Shore

asked the Chancellor of the Exchequer how much British capital was invested in South Africa in 1962, 1963 and 1964; and how much of the total investment is represented by portfolio and by direct investment.

Mr. MacDermot

United Kingdom direct investment in South Africa (net of disinvestment and excluding oil and insurance in 1962 and oil in 1963) is estimated at £15 million in 1962 and £34 million in 1963. Market transactions in South African company securities amounted to a net United Kingdom disinvestment of £4 million in 1962 and £28 million in 1963. Figures for 1964 are not yet available.