Is­raeli boy­cott call gath­ers steam

The Star Early Edition - - COMPANIES & NEWS -

WOOL­WORTHS would be told by in­di­vid­ual share­holder groups at the re­tailer’s an­nual gen­eral meet­ing to stop the sale of figs, pret­zels and pomegranates bought from Is­rael. Cam­paign­ers against trade with Is­rael had bought shares in the company and planned to put pres­sure on man­age­ment at next week’s meet­ing, Muhammed De­sai, the na­tional co-or­di­na­tor of Boy­cott, Di­vest­ment and Sanc­tions (BDS) South Africa, said yes­ter­day. “The call for Wool­worths to ter­mi­nate re­la­tions with Is­rael is part of a non-vi­o­lent re­sponse to the Is­raeli regime,” he said. “We would like to con­vince them that it doesn’t make business sense to hold on to that trade.” BDS called for a boy­cott of Wool­worths and has since or­gan­ised demon­stra­tions at its out­lets. Shares eased 0.64 per­cent to R81 yes­ter­day. – Bloomberg

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