BBC News
By Michael Race
image captionProtesters have been calling for several years for the statue to come down
Campaigners have called the decision by an Oxford University college not to remove a statue of Cecil Rhodes an "act of institutional racism".
Rhodes Must Fall said the college's decision was a "slap in the face".
The group said it would "continue to fight for the fall of this statue and everything it represents".
He had been a student at Oriel and left £100,000 - about £12.5m in today's money - to the college through his will in 1902. His statue sits above a doorway on the front of the college's Rhodes Building, which faces Oxford's High Street.