AfrangO Community Content

  • DEMOCRATIC REPUBLIC OF THE CONGO
  • +27725978754
PUBLIC PROFILE

Corporate Social Responsibilities: A Comparative Study of the DRC, Zimbabwe and South Africa

Posted by BYELONGO ELISEE ISHELOKE on 20 July 2022, 18:45 SAST
BYELONGO ELISEE ISHELOKE photo

1 Introduction Corporate Social Responsibility (CSR) is relatively a new concept especially in Africa because the culture and the enabling institutional infrastructure has not been as fully developed as in the industrialized economies of the north. In the Southern African Development Community (SADC) region, current CSR debate is focused on how policy and practice would be enhanced and enforced to benefit the populace. The SADC countries share a similar history of colonialism, racism and the accompanying economic imbalances. The development of CSR in the respective countries share similarities in post-colonial interventions to address historical economic imbalances. The emerging debate is premised on the issues of political freedom and economic liberation. Large businesses are dominated by multinational corporations (MNCs) whilst the indigenous locals have been advocating for affirmative action. In South Africa one opposition political party, Economic Freedom Fighters (EFF), holds a philosophy and ideology based on fighting for locals to benefit through participation in an economy previously dominated by the white minority. The Zimbabwean government in trying to address colonial imbalances adopted the radical policy of indigenization meant to empower locals. Unfortunately, this well-intended policy caused capital flight and low foreign direct investment. The local communities in mining areas such as Marange in the Eastern province of Zimbabwe did not benefit from the diamond resources in their area. The policy of part-ownership of the diamond mines through Community Share Ownership Trust Schemes (CSOTS) were not successful...

There are no comments

Sign in to add your comment.

Recent Posts

Regional mineral beneficiation policy interventions in the SADC: Industry perspectives B.E. Isheloke* , H. von Blottnitz
Mining is a significant economic activity in most Southern African Development Community (SADC)...
read more
A Trajectory of Innovation Outputs among the BRICS Countries: Critical Perspectives of Brazil, Russia, India, China, and South Africa Gustave Mungeni Kankisingi 1 , Byelongo Elisée Isheloke 2
Brazil, Russia, India, China, and South Africa (BRICS) are the important players of the emerging...
read more
South Africa would gain from co-operation among BRICS countries on beneficiation
South Africa needs a sounder mineral beneficiation policy to tackle the challenges the country...
read more
Mining Profile: Democratic Republic of Congo
Whilst many stories coming from the Democratic Republic of Congo (DRC) in recent years have focussed...
read more
Beyond rocks and minerals – why people, nature and gemstones matter?
Reviewing Shame Mugova’s and Paul R. Sachs’ (eds.) Book: Opportunities and Pitfalls of...
read more
The Role of Multilingualism as a tool in Spurting Trade among the BRICS: An Economic Perspective
Abstract As the use of languages play a critical role in economic activities within the...
read more
Influence of Economic Activities in Nigeria and the DRC: could bilateral cooperation be improved?
1. INTRODUCTION Nigeria has huge geo-resources including gas and is the 10th largest oil...
read more
Kiswahili kiel lingvo de paco en naturamika etoso
(kiswahili estas la svahila nomo de lingvo svahila) Verkita de: Elisée Byelongo Isheloke kaj...
read more
Kiswahili kiel lingvo de paco en naturamika etoso
(kiswahili estas la svahila nomo de lingvo svahila) Verkita de: Elisée Byelongo Isheloke kaj...
read more
Dimensions of the digital economy in selected African countries: A case study of artisanal gold mining
Abstract As the fourth industrial revolution begins and amid an uneven ground of its...
read more

Go to blog