scholarly journals Mining and Corporate Social Responsibility in Zambia: A case study of Barrick Gold Mine

2021 ◽  
Author(s):  
◽  
Womba Mayondi

<p>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, telecommunications companies, banks and hotels practice CSR initiatives in different forms. Mining has been the biggest revenue earner for Zambia since the colonial era. Since the 1990s, CSR has been taken on by the mining companies in order to contribute to the community where they are situated. This research explores how CSR is perceived by local people, traditional leaders and district government officials from Ministry of Education in Solwezi. Solwezi is home to two of Zambia‟s largest mines namely Lumwana and Kansanshi mines owned by Barrick Gold and First Quantum Minerals respectively. These two mines have been established in the recent past in Solwezi and have become the hub of Zambia‟s economic activity and have been dubbed the „New Copperbelt‟. This thesis will look at Barrick Gold and the education projects that the mining company implements as a case study in CSR. The literature reveals that mining has been both helpful for economic growth yet detrimental socially and environmentally. There has been a disillusionment among people of the original Copperbelt who experienced cycles of boom when the copper prices and production are high and bust when the copper prices and production were low. In the New Copperbelt, Barrick Gold implements projects such as women‟s savings, education, health and agriculture. Many of the education and health projects involve infrastructure development. Even though this is the case, this thesis‟ findings indicate that the community who are the intended beneficiaries of the education projects perceive that more can be done in terms of education programmes over and above what Barrick Gold is currently doing. Accountability and transparency are also issues of concern for the officers at the Ministry of Education. This thesis explores how these interwoven connections work for and against access to education in the community level.</p>

2021 ◽  
Author(s):  
◽  
Womba Mayondi

<p>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, telecommunications companies, banks and hotels practice CSR initiatives in different forms. Mining has been the biggest revenue earner for Zambia since the colonial era. Since the 1990s, CSR has been taken on by the mining companies in order to contribute to the community where they are situated. This research explores how CSR is perceived by local people, traditional leaders and district government officials from Ministry of Education in Solwezi. Solwezi is home to two of Zambia‟s largest mines namely Lumwana and Kansanshi mines owned by Barrick Gold and First Quantum Minerals respectively. These two mines have been established in the recent past in Solwezi and have become the hub of Zambia‟s economic activity and have been dubbed the „New Copperbelt‟. This thesis will look at Barrick Gold and the education projects that the mining company implements as a case study in CSR. The literature reveals that mining has been both helpful for economic growth yet detrimental socially and environmentally. There has been a disillusionment among people of the original Copperbelt who experienced cycles of boom when the copper prices and production are high and bust when the copper prices and production were low. In the New Copperbelt, Barrick Gold implements projects such as women‟s savings, education, health and agriculture. Many of the education and health projects involve infrastructure development. Even though this is the case, this thesis‟ findings indicate that the community who are the intended beneficiaries of the education projects perceive that more can be done in terms of education programmes over and above what Barrick Gold is currently doing. Accountability and transparency are also issues of concern for the officers at the Ministry of Education. This thesis explores how these interwoven connections work for and against access to education in the community level.</p>


Think India ◽  
2018 ◽  
Vol 21 (3) ◽  
pp. 13-18
Author(s):  
Abhijit Ranjan Das ◽  
Subhadeep Mukherjee

Corporate Social Responsibility (CSR) is not a very new concept, it is an old concept. Earlier, in India it was optional to the company that they may contribute voluntarily towards CSR but after the Companies Act 2013, it was formally introduced in the business environment and was made mandatory for those companies whose net worth and profit cross a threshold limit. They should contribute 2% of the average net profit of just preceding three years profit. This paper primarily focuses on CSR practices of some selected public sector petroleum companies in India. The study has been conducted based on the Annual Reports of seven selected public sector companies. Five years of data on CSR spending from 2009–10 to 2014–15 were examined. Moreover, the pattern of expenses was also examined. Since petroleum companies are giants of the India economy and contribute significantly towards the Gross Domestic Product (GDP) of our country. Thus it is necessary to look into how these companies are contributing towards CSR. An attempt has been made to examine the early impact of Section 135 of the Companies Act.


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