Thesis (MBA)-- Stellenbosch University, 2004. / ENGLISH ABSTRACT: The 1990s witnessed a substantial increase in privatization of SOEs in African countries. In some countries, like Zambia, privatization was greatly motivated by IFIs, through SAPs. However, for other countries like South Africa, the drive came from the desire to improve efficiency in the delivery of services and enhance economic growth. This study seeks to assess privatisation processes in Africa, with special reference to South Africa and Zambia. The motives for privatisation are discussed, as well as the role played by IFI in African privatisation programs. Privatisation in Zambia is regarded by many, including the World Bank as a success story. The government of Zambia, through the ZPA, has shown commitment towards privatisation and embarked on a rigorous privatisation programme which saw the transfer of 85 percent of the Zambia's economy to the private sector. In South Africa, privatisation's pace is slower than expected a nd there has been a shift of focus from pure privatisation to investment into efficiency of the state enterprises. There is no consensus from various stakeholders. The business criticises the government for the slow paced privatisation process, while organised labour, for fear of job losses, is putting resistance to the process. This study concludes by mapping a way forward for African countries. African countries should continue cautiously with the privatisation process. Proper regulatory framework should be established and issues like poverty reduction and long tern development should be addressed as well when drawing privatisation policies. / AFRIKAANSE OPSOMMING: Die 1990's getuig van 'n beduidende toename in die privatisering van ondernemings in staatsbesit (State-owned Enterprises - SOEs) in Afrikalande. In sommige lande, soos Zambië, is privatisering grootliks deur Internasionale Finansiële Instellings (IFI's) via Gestruktureerde Aanpassingsprogramme (Structural Adjustment Programmes - SAPs) gemotiveer. Die dryfkrag in ander lande, soos Suid-Afrika, spruit egter uit die begeerte om doeltreffendheid in dienslewering te verbeter en om ekonomiese groei te versterk. Hierdie ondersoek kyk na die assessering van privatiseringsprosesse in Afrika, met spesiale verwysing na Suid-Afrika en Zambië. Die beweegredes vir privatisering word bespreek, sowel as die rol wat IFI's in privatiseringsprogramme in Afrika speel. Baie mense en organisasies, insluitend die Wêreldbank, beskou die privatisering in Zambië as 'n suksesverhaal. Die regering van Zambië, via die ZPA, het hom tot privatisering verbind, en het 'n streng privatiseringsprogram aangepak waarvolgens 85 persent van Zambië se ekonomie na die private sektor oorgedra is. Die tempo van privatisering in Suid-Afrika is stadiger as wat verwag is, en daar is 'n klemverskuiwing van suiwer privatisering na 'n belegging in die doeltreffendheid van staatsondernemings. Daar is geen eenstemmigheid tussen die verskillende belangegroepe nie. Sakeondernemings kritiseer die regering vir die stadige privatiseringsproses terwyl georganiseerde arbeid, uit vrees vir verlore poste, die proses teenstaan. Hierdie studie sluit af deur 'n pad vorentoe vir Afrika-lande uit te stippel. Afrika-lande moet versigtig voortgaan met die privatiseringsproses. Behoorlike regulatoriese raamwerke moet gevestig word, en aangeleenthede soos armoedeverligting en langtermynontwikkeling moet aandag geniet wanneer beleid oor privatisering opgestel word.

The study also provides an overview of the impact of privatisation on human rights. To accomplish this objective, case studies of Zambia were undertaken within the concept of the social and economic impacts, seeking to answer six basic research questions posed: What were the objectives of the Zambian privatization programme? Was the privatization process executed according to the provisions of the Zambian Privatization Act of 1992 and 1996? How is the outcome of the privatization process perceived by Zambians, success or failure, what are some of the social and economic consequences of privatisation programme? What are the human rights implications of the privatization programme undertaken in Zambia? Mainly qualitative data collecting methods, involving semi-structured interviews, document analyses and direct observations of activities of the privatised companies were employed, to answer these questions. The study examines Zambia's background to privatisation, posits implications of privatisation on the realization of human rights, looks at the case study of privatisation of the ZCCM and the outcomes of privatisation. The study has been influenced by a number of conflicting divestiture evaluation outcomes: for some the Zambian privatization process represents a model programme, the 'most successful in Africa', which serves as an example for other developing African countries to emulate whilst for others, it is a "deeply flawed experience", resulting in negative social and economic consequences which permitted the withdrawal of the provision of social services, massive human rights violations and job losses. Based on evidence from these outcomes, the principal findings from the study suggest that Zambia's privatisation programme has had both negative and positive results. In reviewing the outcomes of the privatisation process, the intent is neither to justify nor reject privatisation, but rather, on the basis of past experience, to highlight key elements of outright failures and success and provide recommendations for future use. / Thesis (LL.M.)-University of KwaZulu-Natal, Westville, 2006.

Assignment (MPhil)--University of Stellenbosch, 2005. / ENGLISH ABSTRACT: While admitting that the ambitious privatization programme embarked on from 1991 to date in Zambia has contributed to unemployment largely due to the closure of privatized parastatal companies, post-privatization business conduct of investors need analyzing in order to understand why the expected economic growth and job creation in the country has never taken place. In this article the role the local political leadership, globalization and the tendency towards misplaced policy formulation play in driving the state of under development in Zambia will be analysed. The inherent weaknesses in the New Partnership for Africa’s Development which may further deny poor African countries such as Zambia, the benefits of a well timed and supported programme to provide home grown solutions for the continent’s numerous developmental problems will also be looked at. The paper will contribute towards resolving Zambia’s problems by suggesting the need to formulate policies which create a positive interface between local policies adopted to support and attract investment, and the motives driving the global players to invest in particular countries. In particular this paper focuses on the absence of good investment policy formulation, and consequently, the absence of the full economic benefit which should be derived by the economy for hosting multinational business enterprises such as the Shoprite Checkers Group. / AFRIKAANSE OPSOMMING: Die ambisieuse privatiserings program wat sedert 1991 in Zambië gevolg word, het hoofsaaklik as gevolg van die sluiting van geprivatiseerde semistaatsmaatskappye tot werkloosheid bygedra. Die sake-optrede van beleggers ná privatisering moet egter ontleed word ten einde te verstaan waarom die verwagte ekonomiese groei en werkskepping nooit in hierdie land plaasgevind het nie. In hierdie artikel sal die rol wat die plaaslike politieke leierskap, globalisering en die neiging na misplaaste beleidsformulering in onderontwikkeling in Zambië speel, ondersoek word. Die inherente tekortkominge in die Nuwe Vennootskap vir Afrika-ontwikkeling wat arm Afrikalande soos Zambië moontlik die voordele van ’n geleë en ondersteunde program om eie oplossings vir die kontinent se veelvuldige ontwikkelingsprobleme te bied, ontsê, sal ook onder die loep geneem word. Hierdie artikel sal ter oplossing van Zambië se probleme voorstel dat beleid geformuleer word wat ’n positiewe raakvlak bied tussen plaaslike beleid wat aangeneem is om belegging te lok en te ondersteun, en die beweegredes agter wêreldrolspelers se besluite om in spesifieke lande te belê. Hierdie artikel fokus veral op die afwesigheid van die formulering van goeie beleggingsbeleid en die gevolglike afwesigheid van die volle voordeel wat die ekonomie daaruit kan put om as gasheer vir multinasionale sake-ondernemigs soos die Shoprite Checkers Groep op te tree.

This thesis investigates policy formulation and implementation processes in Zambia. A number of issues emerge with respect to the weaknesses of the system and how policy decisions worsened Zambia's economic performance instead of improving it. The Kaunda era policies of nationalization had an adverse impact on productivity of industries as well as affecting the resource flow from donors and business houses. On the other hand President Chiluba's reforms in the 1990s have had both positive and negative impacts on the people of Zambia. The rapid privatization and liberalization affected employment levels thereby worsening the poverty levels. Further, the liberalization brought in stiff competition from other countries forcing most manufacturing companies to close down. The policy environment based on the Bretton Woods Institutions seems not to be working as result of not taking into account the local Zambian situation. On the other hand, there were positive macroeconomic developments such as growth in GDP, lowering of inflation and stabilizing of exchange rates as from 1996. This has however not improved the living standards of the people. In Zambia, the shifts back and forth between strong and weak planning institutions have negatively affected policy development and implementation. There has been uncoordinated policy development; as a result, some policies in the major sectors are contradictory while in other cases policies are not linked to the resource envelope, making them un-implementable. Secondly, the institutional framework for policy development is not effective. There is generally lack of coordination among ministries, provinces and other stakeholders in planning, implementation and monitoring and evaluation of development programmes. This thesis urges that the improving planning capacities at the national, provincial and district levels should improve the processes of policy development and implementation in Zambia, which will in turn help to reduce poverty. Further, the districts should be the centre for the bottom-up process. In order to carryout this responsibility, efforts should be made to improve their capacities. As for the top-down process, the Sector Advisory Groups should continue to participate in the planning, monitoring and evaluation so as to contribute to policy formulation and implementation. These should be coordinated by the National Development Coordinating Committee (NDCC) through a Planning Bureau. / Development Studies / D. Litt. et Phil. (Development Studies)

Thesis (MA)--Stellenbosch University, 2000. / ENGLISH ABSTRACT: This assignment seeks to explore the role of privatisation in attracting foreign direct investment (FDI) to South Africa and Zambia. In doing this, literature review method based on primary and secondary documentary sources have been utilised. In order to attract FDI, the study revealed that it is necessary to get the policy environment right. Creating an investor-friendly environment which promises good return on investment in line with the international "regulatory" framework - the World Bank's International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (MIGA) and the World Association of Investment Promotion Agencies (WAIPA) requirements - is therefore significantly important. The World Bank regards Zambia's privatisation programme as the model for Africa. South Africa finds itself in a contradictory position. On the one hand it is the leading economic power in Africa, while on the other hand it still lags behind in terms of restructuring its parastatals. Privatisation programme in South Africa has been very slow. However, the government and other stakeholders, particularly in 1997, have been trying to get privatisation off the ground. The conclusion is that both South Africa and Zambia succeeded in attracting FDI through their processes of privatisation. In both countries major FDI inflows have been an outcome of privatisation. FDI is important for creating employment, debt reduction, empowerment, transfer of technology and managerial skills. However, these countries follow different approaches to privatisation. Due to the slow privatisation pace in South Africa, it is recommended that South Africa learn from Zambia's approach and experience. This would enable South Africa to fully explore some of the benefits of privatisation. / AFRIKAANSE OPSOMMING: Hierdie opdrag ondersoek die rol van privatisering in die trek van direkte buitelandse beleggings (DBB) in Suid-Afrika en Zambie. Ten einde hierdie doelstelling te kon bereik is 'n literere oorsig van primere en sekondere bronne gedoen. Hierdie studie het bevind dat 'n gunstige beleidsomgewing DBB sal trek. Die skep van 'n beleggings-vriendelike omgewing wat goeie dividende beloof en in Iyn is met die internasionale "regulerende" raamwerk - die Wereldbank se International Finance Corporation (IFC), Multilateral Investment Guarantee Agency (MIGA) en World Association of Investment Promotion Agencies (WAIPA) - se vereistes is van kardinale belang. Die Wereld Bank beskou Zambie se privatiseringsprogram as die model program vir Afrika. Suid-Afrika bevind haarself in 'n teenstrydige posisie. Aan die een kant is sy Afrika se voorste ekonomiese moondheid, en aan die anderkant is die programme om haar staatsondernemings te herstruktureer nog in hul kinderskoene. Privatiseringsprogramme in Suid Afrika het tot dusver baie stadig verloop. In 1997 het die regering en ander belanghebbende partye egter privatisering van die grond af probeer kry. Die konklusie is dat beide Suid-Afrika en Zambie daarin geslaag het om DBB te lok met hul privatiseringsprogramme. In beide lande was groot DBB die uitkoms van privatisering. DBB is belangrik om werk te skep, skuld vereffening, bemagtiging, en die oordrag van tegnologie en bestuursvaardighede. Hierdie lande volg egter verskillende benaderings tot die privatiseringsproses. Vanwee die stadige privatiseringsproses in Suid Afrika word die voorstel gemaak dat Suid-Afrika by Zambie leer in hul benadering en ervaring. Dit sal Suid-Afrika toelaat om al die voordele van privatisering te ontdek.

This thesis investigates policy formulation and implementation processes in Zambia. A number of issues emerge with respect to the weaknesses of the system and how policy decisions worsened Zambia's economic performance instead of improving it. The Kaunda era policies of nationalization had an adverse impact on productivity of industries as well as affecting the resource flow from donors and business houses. On the other hand President Chiluba's reforms in the 1990s have had both positive and negative impacts on the people of Zambia. The rapid privatization and liberalization affected employment levels thereby worsening the poverty levels. Further, the liberalization brought in stiff competition from other countries forcing most manufacturing companies to close down. The policy environment based on the Bretton Woods Institutions seems not to be working as result of not taking into account the local Zambian situation. On the other hand, there were positive macroeconomic developments such as growth in GDP, lowering of inflation and stabilizing of exchange rates as from 1996. This has however not improved the living standards of the people. In Zambia, the shifts back and forth between strong and weak planning institutions have negatively affected policy development and implementation. There has been uncoordinated policy development; as a result, some policies in the major sectors are contradictory while in other cases policies are not linked to the resource envelope, making them un-implementable. Secondly, the institutional framework for policy development is not effective. There is generally lack of coordination among ministries, provinces and other stakeholders in planning, implementation and monitoring and evaluation of development programmes. This thesis urges that the improving planning capacities at the national, provincial and district levels should improve the processes of policy development and implementation in Zambia, which will in turn help to reduce poverty. Further, the districts should be the centre for the bottom-up process. In order to carryout this responsibility, efforts should be made to improve their capacities. As for the top-down process, the Sector Advisory Groups should continue to participate in the planning, monitoring and evaluation so as to contribute to policy formulation and implementation. These should be coordinated by the National Development Coordinating Committee (NDCC) through a Planning Bureau. / Development Studies / D. Litt. et Phil. (Development Studies)