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Put differently, Corporate Social Responsibility is the extent to which businesses meet the economic, legal, ethical and discretionary responsibilities imposed on them by their stakeholders. The world over, Corporate Social Responsibility has promoted activities in key areas, namely education, health, the environment, culture and the arts.
This article analyses the form of corporate social responsibility (CSR) in sub-Saharan Africa, more particularly in the mining sector in Senegal. To that end, account has to be taken of the major institutional characteristics of low-income countries. One of the major characteristics is the existence of weak states. We show a quadruple characterization: a weak commitment of the …
Since Zambia's return to multiparty politics in 1991, Corporate Social Responsibility (CSR) has been gaining ground in the country . This scenario has been coupled with an increased awareness in the country as regards the role that the private sector and other commercial entities, in general, and CSR in particular, can play in the overall development of …
Corporate social responsibility (CSR) is intended to keep multinational corporations accountable for their overall impact on people. Often times corporate entities cause unforeseeable consequences when producing the commodity that creates profit for them. Within copper mining operations, several of these inadvertent repercussions impact the
Corporate social responsibility (CSR) has become a widely accepted non-core but essential part of profit making corporations. Practices vary in different companies and different countries. The motivation for each is different but nonetheless there is an agreed unwritten code about being good corporate citizens. CSR has become common place for companies in Zambia. Mining, …
need to incorporate corporate social responsibilities for companies in the Zambian company law. 1.2 Background The history of CSRs in Zambia dates far back as the pre-colonial era when the copper industry dominated and defined the country's development in the future years.2 The mining conglomerates
The Limitations of Corporate Social Responsibility on Zambia's Copperbelt. by Patricia Feeney, Oxfam (November 2001) ... KCM, relate to three core issues that are crucially important to the mining industry: safety, health and environment. KCM has been slow to appreciate its obligations about disclosing information to local communities - a ...
CORPORATE SOCIAL RESPONSIBILITY IN MINING INDUSTRY. The first one is Czech Republic (Northern Bohemia area) and the second one is Zambia (Copperbelt area). CSR . corporate social responsibility, mining industry, triple bottom line. Corporate . the related criticism levied at mining companies.
Companies are increasingly using the World Wide Web to disseminate environmental and social information .In 2000, about 65% of companies from Fortune Magazine's Global 500 list used the internet to report on environmental and social issues .Companies not only post their Environmental and Community Reports on the Web, but also place their site …
there are some critics of CSR and some of them are among the famous economists in the world. Milton Friedman considered corpo rate social responsibility activities to be useless ballast tha t …
Emphasis of CSR was on the provision of free or subsidised social services as a way of reducing poverty. Their scope covered: agriculture, education, health care and sports, and recreation activities. u0001 The overarching thrust of CSR in this era was employment creation and job security. 14 f POST 1991 – ECONOMIC COLLAPSE u0001 Zambia which ...
CSR criteria for mining which is integrated into the mission and values CSR cr iter ia of a company and which may include ethics and A. Sustainability A.1. Rational exploitation of natural resources sustainability relating to all the actions and A.2. Clean extraction technologies decisions that may be taken. A.3.
The mining industry has been the economic and social backbone of Zambia since the first major phase of exploitation of the Copperbelt's Cu-Co deposits commenced in the early 1930's. Since that time a wide spectrum of other metalliferous and non-metalliferous resources have been discovered in Zambia and, although exploitation of…
1.1 Historical context of social responsibility in Zambian mining Zambia''s history of mining dates back to the 1920s, when the country then known as Northern Rhodesia was still a British colony. The mining industry has been the main engine of the country''s
In response to widespread and increasing criticism, the mining industry has started to pay serious attention to its environmental and social impacts. This has recently manifested itself in the formulation of corporate social responsibility (CSR) policies and strategies and a proliferation of CSR, environmental, sustainability and community ...
Zambia Corporate Social Responsibility News Monitoring Service from EIN News; Media Monitoring & Online News Monitoring of Zambia Corporate Social Responsibility ... Mining; Real Estate; Technology; Telecom; Travel; See More; Create Your Own; ... Cannabis Inhalers Market - Global Industry Analysis 2016 - 2020 and Opportunity Assessment 2021 ...
As one of the largest mining companies operating in Zambia, Konkola Copper Mines (KCM) strives to ensure that the impact of our investment goes beyond simply paying taxes, but benefits the communities where we operate. Our Corporate Social Responsibility (CSR) programmes have a rich history. KCM specifically took on significant social ...
exploring these issues in a critical case, that of the Zambian copper mining sector on which the economy is so heavily dependent. Key words - Corporate social responsibility; mining sector; civil society; the state; developing countries; Zambia. Paper type – Research paper. 33 46 Page 1 of 42 Accounting, Auditing & Accountability Journal 1 2 ...
This chapter critically examines Corporate Social Responsibility (CSR) in Zambia and argues that it has been unnecessarily heavily skewed, for decades, towards the mining sector. Although laudable, this approach is narrow and has militated against a comprehensive approach to CSR in the country.
Mining companies have contributed US$99 million of the total in various social responsibilities, according to the chamber of mines in Zambia. Recently, Kagem, a subsidiary of Gemfield Resources Limited donated US$1 million towards infrastructure development in Lufwanyama district where the company is mining gemstones and other precious stones ...
the mining industry can only take place if Zimbabwe's mining sector is profitable and growing. If we as a country want the mining industry to contribute to the fiscus and to CSR, then lets create an environment which will ensure that the mines grow and gain economies of scale which lead to better cash flows.
Abstract The main objective of this chapter is to examine the corporate social responsibility (CSR) disclosure practices and the related motivation for (or lack thereof) CSR disclosures in the Zambian mining industry. Key CSR disclosures are examined to identify the trends in disclosure.
July 6, 2018 Zambia Mines Rescue Bus Handover; January 9, 2019 MINING COMPANIES ACCOUNTED FOR MORE THAN A QUARTER OF GOVERNMENT'S INCOME – ZAMBIA EITI REPORT.
The mining industry of Zambia attracted investment of approximately USD 8 billion since the 2000 employing 80,000 in 2013 compared to 27,000 in 2000. It has been forecasted that the investment in mining sector of Zambia will reach USD 15 billion by 2017 due to new projects under implementation. The Zambian government is focused on economic ...
Corporate Social Responsibility (CSR) is the voluntary actions undertaken by mining companies to reduce the negative effects of mining initiatives, and to improve the lives of locals, the local economy and the environment. It is often erroneously viewed as part of a company's PR strategy but is becoming increasingly recognised as efforts to ...
The Zambian Mining Magazine (ZMM) is a premier source of news on mining developments in Zambia's most important industry. We provide in-depth coverage of mining projects and the personalities reshaping the mining industry in the country.
ZAMBIA'S economy has been predominantly driven by the mining industry for many years. The contribution of the industry to the economy is undoubted. What is worrying is the negative impact of the operations in the communities and the lack of commitment to address the social challenges that come with mining.
Corporate Social Responsibility, Migration and Livelihood Choices in Zambia Word count: 9392 Whilst Corporate Social Responsibility is now part and parcel of many multinational mining operations, and a 'sustainable mining' narrative a fundamental part of their public persona, companies still struggle to provide secure, long-term livelihoods ...
Many companies in Zambia engage in CSR out of a moral obligation to be a „good‟ corporate citizen because CSR as a non-core activity of mining companies is not directly related to mining (Fraser 2010). Other motivations include, but are not limited to, public relations, ethical considerations, competition and international pressures.
of it: corporate responsibility, corporate sustainability, responsible business, corporate citizenship to mention a few. The definition of CSR seems to vary between different sources, and a more comprehensive term would be just corporate responsibility as it also includes environmental aspect of the issue. However, the term corporate social ...