Bantu Investment Corporation Act
Encyclopedia
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 Bantustan
s. It created a Development Corporation in each of the Bantustan.
South Africa
The Republic of South Africa is a country in southern Africa. Located at the southern tip of Africa, it is divided into nine provinces, with of coastline on the Atlantic and Indian oceans...
. In combination with the Bantu Homelands Development Act of 1965, it allowed the South African government to capitalize on entrepreneurs operating in the Bantustan
Bantustan
A bantustan was a territory set aside for black inhabitants of South Africa and South West Africa , as part of the policy of apartheid...
s. It created a Development Corporation in each of the Bantustan.