§ Mr. Eldon Griffithsasked the Secretary of State for Trade what is his estimate of the value of British investments in South Africa; and what are the main sectors in which this investment is at present located.
§ Mr. DeakinsThe total book value of British investments in South Africa, as estimated by the Reserve Bank of South Africa, amounted to about £1,750 million at the end of 1971. The available information by industry is from the official estimates of the book value of direct investment in South Africa and 211W South-West Africa, excluding oil, banking and insurance. The latest figures relate to the end of 1971 and were published in Table 37 of Business Monitor M4 Part II, Overseas Transactions 1972, a copy of which is in the Library. Figures for subsequent net flows of direct investment in 1972 and 1973 were published respectively in Table 19 of Business Monitor M4 Part I, Overseas Transactions 1972 and Table 19 of Business Monitor M4, Overseas Transactions 1973, copies of which are also in the Library.