This dissertation principally analyses: (i) the privatisation of Zambia’s copper mines;
(ii) the impact of state and private ownership and control of the mines on development;
and (iii) the roles of mining TNCs in the Zambian economy. The research covers the
period from independence in 1964 to 2006/7, but mainly focuses on the 1991 to 2006/7
period. The validity of several neo-classical theoretical views and counter-arguments
pertaining to the social and economic benefits of privatisation and the private ownership
and the activities of mining TNCs is tested in the mining sector study. The methodology
is based on a case study comprising fieldwork and literature research, utilising a
qualitative approach and an inductive method. The conclusions of the study could
enhance knowledge from which other developing countries intent on privatising their
SOEs could draw, as privatisation studies of sub-Saharan countries have mostly
overlooked analyses of the social impact of the private ownership of enterprises. Key
findings of the study are that the privatisation and private ownership of the mines by
TNCs have failed to produce net positive socio-economic outcomes for Zambia.
Furthermore, under private ownership of the mines, the political-economic benefits
have shifted, mainly concentrating the surpluses from mining in favour of mining
TNCs. The primary recommendations from the study are that certain measures, in
particular a strong state capacity, are fundamental in enabling greater and more
equitable redistribution of benefits for the country from privatisation, private ownership
and the economic activities of mining TNCs.
| Identifer | oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:wits/oai:wiredspace.wits.ac.za:10539/10894 |
| Date | 13 December 2011 |
| Creators | Ahmed, Rahima |
| Source Sets | South African National ETD Portal |
| Language | English |
| Detected Language | English |
| Type | Thesis |
| Format | application/pdf |
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