of a debt of $lJS 27.5 billion, domestic budgetary management difficulties end “the rocky etate of world markets” for trade and finance, the South African economy, if not heading for a breakdown, has been ehowing eymptome of fatigue. B. 15. In a revised report (E/1989/17) of the United Nations Centre on Trananatioaal Corporations in South Africa/Namibia, information on the current status of ‘INCs for 20 countries is provided under the following headsr (a) TNCs which have disposed of their equity interests in South Africa/Namibia; (b) TNCe with interests in companies (more than 10 per cent of equity ownership) in South Africa; (c) ‘I?%% with interee;s in companies (10 per cent equity ownership) in Namibia; (d) TNCe in the process of dispooing of their equity interests in South Africa/Namibia. This list was compiled and amended through use of all available sources of information such as annual reports, company directories, business and trade directories, specialised publications. magaeines , etc., as well aa through verification by the corporations concerned. However, it should be temembered that the eligibility criterion of 10 per cent equity owacrahip disquelifies many firms from inclusion in this list. 16. Of the 1,226 ttanenational corporations identified as operating through subsidiaries ot affiliates in South Africa, 563 disposed of their equity interests between 1984 and 1988. that is, 46 per cent of the total number of TNCs in South Africa. Today, TNCe with equity interests in South Africa/Namibia account for slightly over 50 per cent. Some 31, ot 2.5 per cent of the TNCs have reduced their equity interests in companies, and 16. ot 1.3 pet cent, of them are in the process of disposing of their equity interests. Among the major countries, the United State8 has dieinvested almost 62 per cent, the United Kingdom 31 pet cent and the Federal Republic of 
**Analysis**
The text discusses the economic situation of South Africa, specifically the debt and budgetary management difficulties, and the presence of transnational corporations (TNCs) in the country. It also provides statistics on the number of TNCs that have disposed of their equity interests in South Africa and Namibia. This suggests that the category should be related to economic development and international trade.

**Category**
Economic development, International trade