  We report long-slit spectroscopic observations of the dust-lane polar-ring
galaxy AM1934-563 obtained with the Southern African Large Telescope (SALT)
during its performance-verification phase. The observations target the spectral
region of the Ha, [NII] and [SII] emission-lines, but show also deep NaI
stellar absorption lines that we interpret as produced by stars in the galaxy.
We derive rotation curves along the major axis of the galaxy that extend out to
about 8 kpc from the center for both the gaseous and the stellar components,
using the emission and absorption lines. We derive similar rotation curves
along the major axis of the polar ring and point out differences between these
and the ones of the main galaxy. We identify a small diffuse object visible
only in Ha emission and with a low velocity dispersion as a dwarf HII galaxy
and argue that it is probably metal-poor. Its velocity indicates that it is a
fourth member of the galaxy group in which AM1934-563 belongs. We discuss the
observations in the context of the proposal that the object is the result of a
major merger and point out some observational discrepancies from this
explanation. We argue that an alternative scenario that could better fit the
observations may be the slow accretion of cold intergalactic gas, focused by a
dense filament of galaxies in which this object is embedded (abridged).
