Honeywell to Sell S. Africa Unit

JOHANNESBURG, South Africa — Honeywell Inc. will sell its South African subsidiary to a local firm, officials said today, in the latest withdrawal by an American company from South Africa.

Markos Tambakeras, local managing director, said Murray & Roberts, a major South African industrial group, will take over the Honeywell operation. He said all 175 Honeywell employees probably would be retained. No official reason for the sale was given, although Honeywell had said it was reconsidering operations here “in the light of ongoing political unrest and worsening economic conditions.”