A bill to amend the International Emergency Economic Powers Act directing the President to issue regulations prohibiting investment in South Africa except in certain enterprises.

Amends the International Emergency Economic Powers Act to direct the President to issue regulations which restrict investments in South Africa by United States persons to: (1) investments consisting solely of earnings of existing United States enterprises in South Africa; and (2) investments in enterprises which do not engage in employment practices.

Requires the President to establish mechanisms to monitor compliance with, and sets forth civil and criminal penalties for violations of, the provisions of this Act and regulations, licenses, and orders issued thereunder.