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How can Zimbabwe leverage its mineral resources for economic recovery and sustainable growthZikiti, Beauty January 2016 (has links)
Dissertation submitted to the University of the Witwatersrand, Faculty
of Commerce, Law and Management in partial fulfilment of the
requirement of the degree of
MASTER OF COMMERCE IN DEVELOPMENT THEORY AND
POLICY
University of the Witwatersrand
Faculty of Commerce, Law and Management
School of Economics and Business Sciences – SEBS
Corporate Strategy and Industrial Development (CSID) / Zimbabwe’s mineral sector has been the major contributor of the national economy’s Gross
Domestic Product (GDP) since the economic meltdown post land reform programme. The
scale of the crisis resulted in the adoption of the multicurrency system in 2009. In an
attempt to save the economy from total collapse the government has turned to the mining
sector to establish linkages through mineral beneficiation. This study has analysed whether
the creation of linkages in the mineral sector, through beneficiation and value addition,
could resuscitate the economy. Literature on natural resources shows that countries that are
resource-rich experience slow growth rates than resource-poor countries. The study found
that mineral resource dependency could be a platform or foundation for economic growth
and developmental opportunities through linkages creation in the mineral sector. However,
resource-based development strategy is a challenging development path that needs a strong
state with vested capacity to actively direct and co-ordinate economic transformation
through deepening of the resource sector. Political tensions in Zimbabwe are the overriding
obstacles to economic linkages creation in the mining sector and across other sectors. It is
therefore, imperative to understand the socio-economic and political dynamics and
interactions that influence and shape policy decisions, implementation and their outcomes
in order for Zimbabwe to optimise economic linkages and revive its economy. / MT2017
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Corporate social responsibility, reputation and performance in the mining sector in ZimbabweZuva, Joseph 01 1900 (has links)
PhD. (Department of Business Administration, Faculty of Management Sciences), Vaal University of Technology. / The world over the concept of corporate social responsibility (CSR) has gradually evolved from a theoretical concept to a managerial tool used to shape organisational competitiveness. Thus, this study sought to establish the influence of CSR on reputation and performance in the mining sector in Zimbabwe, given the limited evidence of such studies in the body of knowledge. The framework for data collection, presentation, analysis and interpretation was guided by the positivist paradigm, quantitative approach, and descriptive survey design. With the questionnaire being utilised to collect data from 330 respondents who were purposively and conveniently sampled from the targeted mines. The Cronbach Alpha coefficient was employed to test for the validity and reliability of the designed instrument. In addition, the Pearson’s correlation was used to determine relationships between constructs, while regression analysis was used to predict the reputation value based on causality. In addition, Exploratory Factor Analysis (EFA) was performed to determine the factor structure of the data collected based on the relationship of constructs and items.
The analysed data revealed that most respondents, through descriptive statistics, agreed with the construct items except political corporate social responsibility (PCSR), which had the least mean score of (4.7311). This implied that the respondents somewhat agreed PCSR was being observed though at marginal levels. The other constructs stakeholder corporate social responsibility (SCSR), environment corporate social responsibility (ENCSR), ethical corporate social responsibility (ETCSR), and social corporate responsibility (SOCSR) had mean scores above 4, indicating that respondents agreed that CSR was being observed to retain a reputable image. Furthermore, regression analysis revealed that four of the stated hypotheses supported the assumption on SCSR, ETCSR, operational performance (OP), and social performance (SP). Furthermore, the results revealed that PCSR, ENCSR, SOCSR, and economic performance (EP) could not be used to support reputation.
The results on the hypotheses statements confirmed the empirical literature assumptions. Thus, partnerships, trust, honesty, disclosure, competitive advantage, operational efficiency, values based on morality, and transparency were confirmed to be by-products of CSR practices. Based on this, it can be argued that mining firms in Zimbabwe could employ CSR as a strategic tool to handle stakeholders’ concerns. In this regard, a theoretical model was crafted for the mining sector in Zimbabwe, which reduced independent variables to two, namely the SCSR and ETCSR. Hence the results established a strong positive association between PSCR, SCSR, SOCSR, ENCSR, ETCSR, and corporate reputation (CR). In addition, corporate performance was seen to have a positive impact on OP and SP.
Based on the above results, it is recommended that mining companies in Zimbabwe fully embrace CSR as a vehicle for engaging with stakeholders. More so, CSR programmes should be done in consultation with stakeholders, especially surrounding communities that host or provide an operating environment. Furthermore, mining companies should be wary of the cultural effects of their operations through the crafting and implementation of ethical policies. This can further be enhanced through CSR reporting on CSR initiatives and programmes.
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Corporate community engagement (CCE) in Zimbabwe's mining industry from the Stakeholder Theory perspectiveWushe, Tawaziwa 09 1900 (has links)
Questionnaires translated into Shona / Mineral extraction is one of the key drivers of Africa’s economies and is also one of the largest
industries in the world. In many African countries, including Zimbabwe, mining contributes to
profound parts of the economy and remain the engine for economic growth. In recent years, and
following the continual exploitation of minerals, mining companies have been scrutinized as a
major cause of social, environmental, and economic problems faced mainly by communities at
the margins. In this regard, mining companies are widely perceived to be prospering at the
expense of adjacent communities, who are the primary recipients of the externalities, mainly
negative, from mining operations. Due to incongruent stakeholder interests conflicts have
erupted given the peculiar case of the extractive industries in Zimbabwe. Having realised the
differences among stakeholder interests over minerals, in the extractive industry the study sought
to answer this question: how is CCE understood by different stakeholders? And how is CCE
measured by the same stakeholders?. The focus of the study is to evaluate the meaning of CCE
from multiple stakeholders in the extractive industry in Zimbabwe; and to analyse how CCE is
measured by identified stakeholders. In order to satisfy the stated objectives, the study employed
mixed research method. This study revealed similarity in understanding of CCE and its
usefulness amongst the different stakeholder groups. Of cognitive importance is the realisation
by stakeholders on the need for proactive communities and corporate investment into community
for effective partnerships. Collaboration, empowerment, inclusion, trust and organisation
emerged to be the major facilitators for CCE. The study presents operative CCE according to the
obligations and expectations of stakeholders. Having realised that mining industries are
particularly susceptible to conflict between stakeholders, the study suggests proactive desire to
mitigate these conflicts through CCE in the mining industry. In this respect, community
development, peace and stability and strong economy are the major outcomes of effective CCE.
The study recommends participation of resource owners in planning, implementing, monitoring
and evaluation as well as dividends sharing of mining projects as advocated for by the CCE
Model. It is also recommended that the adoption of the CCE Model will ensure a sustainable and
harmonious coexistence between the predominantly capitalistic mining concerns and the
resource owners and solve part of the current impasse to business and community development. / Business Management / D.B.L.
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Corporate community engagement (CCE) in Zimbabwe's mining industry from the Stakeholder Theory perspectiveWushe, Tawaziwa 09 1900 (has links)
Questionnaires translated into Shona / Mineral extraction is one of the key drivers of Africa’s economies and is also one of the largest
industries in the world. In many African countries, including Zimbabwe, mining contributes to
profound parts of the economy and remain the engine for economic growth. In recent years, and
following the continual exploitation of minerals, mining companies have been scrutinized as a
major cause of social, environmental, and economic problems faced mainly by communities at
the margins. In this regard, mining companies are widely perceived to be prospering at the
expense of adjacent communities, who are the primary recipients of the externalities, mainly
negative, from mining operations. Due to incongruent stakeholder interests conflicts have
erupted given the peculiar case of the extractive industries in Zimbabwe. Having realised the
differences among stakeholder interests over minerals, in the extractive industry the study sought
to answer this question: how is CCE understood by different stakeholders? And how is CCE
measured by the same stakeholders?. The focus of the study is to evaluate the meaning of CCE
from multiple stakeholders in the extractive industry in Zimbabwe; and to analyse how CCE is
measured by identified stakeholders. In order to satisfy the stated objectives, the study employed
mixed research method. This study revealed similarity in understanding of CCE and its
usefulness amongst the different stakeholder groups. Of cognitive importance is the realisation
by stakeholders on the need for proactive communities and corporate investment into community
for effective partnerships. Collaboration, empowerment, inclusion, trust and organisation
emerged to be the major facilitators for CCE. The study presents operative CCE according to the
obligations and expectations of stakeholders. Having realised that mining industries are
particularly susceptible to conflict between stakeholders, the study suggests proactive desire to
mitigate these conflicts through CCE in the mining industry. In this respect, community
development, peace and stability and strong economy are the major outcomes of effective CCE.
The study recommends participation of resource owners in planning, implementing, monitoring
and evaluation as well as dividends sharing of mining projects as advocated for by the CCE
Model. It is also recommended that the adoption of the CCE Model will ensure a sustainable and
harmonious coexistence between the predominantly capitalistic mining concerns and the
resource owners and solve part of the current impasse to business and community development. / Business Management / D.B.L.
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