World Business: Watch His Smoke

Living evidence of the ease with which South African business has shrugged off the boycott is Tobacco Magnate Anthony Edward Rupert, 46. To stockholders in South Africa's Rembrandt Tobacco Corp., Rupert last week reported record profits of $4,500,000 for the business year ended last June. Abroad, Rupert's empire is flourishing on an even grander scale. Rembrandt included, his growing chain of tobacco companies, which now stretches from Ireland to Malaya, last year turned a pre-tax profit of $23.8 million on $560 million in sales. Though his business is barely 20 years old, Anthony...

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