The experience of most industrialised countries indicate that part of their success was achieved ... more The experience of most industrialised countries indicate that part of their success was achieved through massive investment in developing human capacity, with particular focus on technical skills that are relevant for industry. Although Africa has a clear agenda to achieve the goal of an inclusive and transformative industrialisation, it has not been very successful in building the requisite skills base. To achieve its industrialisation goal as laid out in Agenda 2063, the Action Plan for the Industrial Development of Africa (AIDA) and the Sustainable Development Goals (SDGs) 2030, a more transformative approach to human capacity development must be a top priority. The continent can also draw lessons from high performers in industrialisation such as Germany, Singapore, Japan and the Republic of Korea. The article therefore examines the strategies that such countries have implemented to achieve success. It draws from the work of Friedrich List which argues that mental power or accumu...
The paper analyzes the extent to which corporate citizenship is making a difference in the contex... more The paper analyzes the extent to which corporate citizenship is making a difference in the context of the commercial banking industry in South Africa. It argues that, whilst the sector has endorsed the Financial Sector Charter, the blueprint for transformation of the financial services sector to serve the predominantly black or historically disadvantaged population, overall, the sector has not made a significant difference in terms of the broader developmental agenda of the country. However, it is evident that there is a high level of understanding and awareness of the concept of corporate citizenship. This is evidenced by the institutionalization of the corporate citizenship agenda and also by the fact that all banks have embarked on implementation of tangible initiatives. Part of the reason for the limited impact relates to the rather fragmented approach to implementation of corporate citizenship. Strategies to improve performance should therefore integrate the corporate citizensh...
Over thirty years after most countries in the Southern African Development Community (SADC) attai... more Over thirty years after most countries in the Southern African Development Community (SADC) attained political independence, the region still has a high level of commodity dependence and a low level of industrialisation. This article uses secondary data sources to explore the effect of globalisation on industrialisation in SADC. It concludes that globalisation has been instrumental in creating an international division of labour that shaped SADC as a commodity producer and exporter and an importer of manufactured goods. Because globalisation has imposed an industrialisation model on SADC that is not consistent with inclusivity, equity, broad-based participation and social transformation, it has not succeeded in reducing poverty and inequality in the region. Globalisation has perpetuated this structure through a neoliberal international financial and trading architecture whose policies have, until recently, been accepted and implemented by many states in the region. Paradoxically, gl...
This paper ruminates on green investment behavior in the face of climate policy uncertainty and a... more This paper ruminates on green investment behavior in the face of climate policy uncertainty and advocates an adjusted profit estimation model for potential green investors. Adopting a review method, the paper finds inter alia, that climate policy uncertainty constitutes investment risks. Furthermore these risks may trigger a risk averse or risk taker types of green investment behavior. To encourage green investment in the face of climate policy uncertainty, investors must seek for a risk cushioning through a risk premium; thus the paper reconstructs the Neuhoff’s model of green investor profit and derives a suggested adjusted profit estimation model under climate policy uncertainty – referred to in this paper as the adjusted green investment profit under uncertainty (AGIPUU). The paper thus offers an agenda for further research to apply this model in a field case study research.
This book revisits the perennial challenge that scholars, economists, and politicians have been g... more This book revisits the perennial challenge that scholars, economists, and politicians have been grappling with since the 1960s. Development, in this book, has been defined in a context that projects it as a multidimensional and complex process which seeks to enhance the human, social, economic and cultural welfare of the people. This book calls for a rethinking of trade and industry for Africa?s development. It uses data drawn from national development plans and strategies, and trade and industry issues have been prioritized at the continental level, in key policy documents. On the whole Africa?s industry and trade performance have been poor in spite of national, regional, and continental plans. The contributors to this volume propose some alternative strategies and policies which are necessary for trade and industry to grow and to contribute to the wellbeing of Africa?s people. It calls for a developmental trade and industry policy which, fundamentally, must be people-centred. Afri...
Evidence shows that South Africa is vulnerable to climate change and is also among the highest in... more Evidence shows that South Africa is vulnerable to climate change and is also among the highest in terms of greenhouse gas (GHG) emissions in Africa. In response, the government has developed a relatively comprehensive strategic and policy response framework that aims to build a climate resilient economy. The framework includes approaches to reduction in the country's carbon footprint and achievement of resilience to climate change. Implementation of the planned strategies inevitably requires significant resources. The aim of this paper is to review South Africa's response to climate change, with a special focus on investments in low carbon and climate resilient action. It highlights the successes to date and the challenges that still have to be addressed. Using secondary data sources, mainly reports published by public, private and international agencies, the paper argues that although the country has achieved a considerable measure of success at the level of formulating str...
This article focuses on mining, which is an important part of the economy in southern Africa. It ... more This article focuses on mining, which is an important part of the economy in southern Africa. It discusses the role of women in mining and the impact of the sector on their lives. The main objectives of this article are to assess the participation of women in mining in southern Africa and to assess the underlying factors which limit participation. It also examines the impact of mining activities on women. Finally, the [article] explores strategies to improve women's participation in ability and to benefit from, the sector, and to reduce the negative impact on their lives. The [article] raises a number of questions: What role are women playing in the sector? What factors have determined their participation or non-participation? What is the impact of mining activities on the lives of women? What policies and strategies are required in order to promote greater and more meaningful participation of women?
The experience of most industrialised countries indicate that part of their success was achieved ... more The experience of most industrialised countries indicate that part of their success was achieved through massive investment in developing human capacity, with particular focus on technical skills that are relevant for industry. Although Africa has a clear agenda to achieve the goal of an inclusive and transformative industrialisation, it has not been very successful in building the requisite skills base. To achieve its industrialisation goal as laid out in Agenda 2063, the Action Plan for the Industrial Development of Africa (AIDA) and the Sustainable Development Goals (SDGs) 2030, a more transformative approach to human capacity development must be a top priority. The continent can also draw lessons from high performers in industrialisation such as Germany, Singapore, Japan and the Republic of Korea. The article therefore examines the strategies that such countries have implemented to achieve success. It draws from the work of Friedrich List which argues that mental power or accumu...
The paper analyzes the extent to which corporate citizenship is making a difference in the contex... more The paper analyzes the extent to which corporate citizenship is making a difference in the context of the commercial banking industry in South Africa. It argues that, whilst the sector has endorsed the Financial Sector Charter, the blueprint for transformation of the financial services sector to serve the predominantly black or historically disadvantaged population, overall, the sector has not made a significant difference in terms of the broader developmental agenda of the country. However, it is evident that there is a high level of understanding and awareness of the concept of corporate citizenship. This is evidenced by the institutionalization of the corporate citizenship agenda and also by the fact that all banks have embarked on implementation of tangible initiatives. Part of the reason for the limited impact relates to the rather fragmented approach to implementation of corporate citizenship. Strategies to improve performance should therefore integrate the corporate citizensh...
Over thirty years after most countries in the Southern African Development Community (SADC) attai... more Over thirty years after most countries in the Southern African Development Community (SADC) attained political independence, the region still has a high level of commodity dependence and a low level of industrialisation. This article uses secondary data sources to explore the effect of globalisation on industrialisation in SADC. It concludes that globalisation has been instrumental in creating an international division of labour that shaped SADC as a commodity producer and exporter and an importer of manufactured goods. Because globalisation has imposed an industrialisation model on SADC that is not consistent with inclusivity, equity, broad-based participation and social transformation, it has not succeeded in reducing poverty and inequality in the region. Globalisation has perpetuated this structure through a neoliberal international financial and trading architecture whose policies have, until recently, been accepted and implemented by many states in the region. Paradoxically, gl...
This paper ruminates on green investment behavior in the face of climate policy uncertainty and a... more This paper ruminates on green investment behavior in the face of climate policy uncertainty and advocates an adjusted profit estimation model for potential green investors. Adopting a review method, the paper finds inter alia, that climate policy uncertainty constitutes investment risks. Furthermore these risks may trigger a risk averse or risk taker types of green investment behavior. To encourage green investment in the face of climate policy uncertainty, investors must seek for a risk cushioning through a risk premium; thus the paper reconstructs the Neuhoff’s model of green investor profit and derives a suggested adjusted profit estimation model under climate policy uncertainty – referred to in this paper as the adjusted green investment profit under uncertainty (AGIPUU). The paper thus offers an agenda for further research to apply this model in a field case study research.
This book revisits the perennial challenge that scholars, economists, and politicians have been g... more This book revisits the perennial challenge that scholars, economists, and politicians have been grappling with since the 1960s. Development, in this book, has been defined in a context that projects it as a multidimensional and complex process which seeks to enhance the human, social, economic and cultural welfare of the people. This book calls for a rethinking of trade and industry for Africa?s development. It uses data drawn from national development plans and strategies, and trade and industry issues have been prioritized at the continental level, in key policy documents. On the whole Africa?s industry and trade performance have been poor in spite of national, regional, and continental plans. The contributors to this volume propose some alternative strategies and policies which are necessary for trade and industry to grow and to contribute to the wellbeing of Africa?s people. It calls for a developmental trade and industry policy which, fundamentally, must be people-centred. Afri...
Evidence shows that South Africa is vulnerable to climate change and is also among the highest in... more Evidence shows that South Africa is vulnerable to climate change and is also among the highest in terms of greenhouse gas (GHG) emissions in Africa. In response, the government has developed a relatively comprehensive strategic and policy response framework that aims to build a climate resilient economy. The framework includes approaches to reduction in the country's carbon footprint and achievement of resilience to climate change. Implementation of the planned strategies inevitably requires significant resources. The aim of this paper is to review South Africa's response to climate change, with a special focus on investments in low carbon and climate resilient action. It highlights the successes to date and the challenges that still have to be addressed. Using secondary data sources, mainly reports published by public, private and international agencies, the paper argues that although the country has achieved a considerable measure of success at the level of formulating str...
This article focuses on mining, which is an important part of the economy in southern Africa. It ... more This article focuses on mining, which is an important part of the economy in southern Africa. It discusses the role of women in mining and the impact of the sector on their lives. The main objectives of this article are to assess the participation of women in mining in southern Africa and to assess the underlying factors which limit participation. It also examines the impact of mining activities on women. Finally, the [article] explores strategies to improve women's participation in ability and to benefit from, the sector, and to reduce the negative impact on their lives. The [article] raises a number of questions: What role are women playing in the sector? What factors have determined their participation or non-participation? What is the impact of mining activities on the lives of women? What policies and strategies are required in order to promote greater and more meaningful participation of women?
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