History of South Africa (1994–present) from international investors. In 1995, South Africa hosted and won the 1995 Rugby World Cup. Nelson Mandela wore a Springbok rugby jersey to present the William Webb Ellis Cup to South African captain Francois Pienaar, a symbolic image of reconciliation between the races. In 1999, South Africa held its second multiracial elections. The governing ANC increased their majority, putting the party within one seat of the two-thirds majority that would allow it to alter the constitution. Thabo Mbeki was elected as the nation's second ethnically Black President. The National Party (NP), restyled as the New National Party (NNP), lost two-thirds
Disinvestment from South Africa would actually be felt by the black workers in that country, and the best way to remedy the problem of apartheid was by promoting trade and the growth of free market capitalism in South Africa. Ronald Reagan, who was the President of the United States during the time the disinvestment movement was at its peak, also opposed it, instead favoring a policy of "constructive engagement" with the Pretoria government. Disinvestment from South Africa Disinvestment (or divestment) from South Africa was first advocated in the 1960s, in protest of South Africa's system of apartheid, but was not implemented on a significant