scholarly journals The effects of trade sanctions and disinvestment by foreign countries and its impact on the South African economy

1987 ◽  
Vol 18 (3) ◽  
pp. 123-132
Author(s):  
N. Bhana
Keyword(s):  
South Africa ◽  
South African ◽  
Large Scale ◽  
Manufacturing Sector ◽  
Precious Metals ◽  
The South ◽  
Short Term ◽  
Total Trade ◽  
Trade Sanctions ◽  
Economic Concentration

In the event of total trade sanctions South Africa should have no difficulty in countering the ban on mineral exports, especially precious metals. Furthermore, earnings from precious metals are likely to increase in the short term followed by a gradual deterioration of these industries as cheaper substitutes are developed and producers from other countries make inroads into markets vacated by South African producers. In the manufacturing sector South Africa may benefit in the short term through import replacement and a drive towards self-sufficiency. However, in the long term factors such as scarcity of capital, technological obsolescence, disadvantages inherent in the lack of international co-operation and competition, and misallocation of resources would indicate that the cost of evading sanctions is too high. A disinvestment of portfolio investments is likely to cause a major decline in the prices of South African mining shares. A large scale disinvestment by multinational companies and foreign disinvestment of shares are likely to cause restructuring and increased economic concentration in the South African economy.

Corporate Structure, Industrial Development, and Structural Change in South Africa

2021 ◽  
pp. 348-374
Author(s):  
Pamela Mondliwa ◽  
Simon Roberts
Keyword(s):  
South Africa ◽  
South African ◽  
Industrial Development ◽  
Large Scale ◽  
Economies Of Scale ◽  
Corporate Structure ◽  
Continuity And Change ◽  
Economic Concentration ◽  
And Control

The orientation of large corporations is at the heart of how countries develop. These firms make large-scale investments and realize economies of scale and scope, as well as make long-term commitments to the learning and research necessary to build capabilities required for industrial development. In many industries and sectors the large firms have key technologies, govern access to markets, and control material inputs which can shape the structure of an economy. The chapter reviews the changing corporate structure in South Africa focusing on the implications for industrial development, the evolving internationalization of South African businesses, and the political economy of economic policy. While the South African economy has remained highly concentrated, the corporate structure has altered in fundamental ways. The chapter identifies key elements of continuity and change to explain the implications of the continued high levels of economic concentration for the economy through the lens of the corporate structure.

‘Burn it down!’: Materialising intersectional solidarities in the architecture of the South African Embassy during the London Poll Tax Riot, March 1990

2019 ◽  
Vol 38 (2) ◽  
pp. 233-250 ◽  
Author(s):  
Gavin Brown
Keyword(s):  
South Africa ◽  
Working Class ◽  
South African ◽  
Large Scale ◽  
The South ◽  
The West ◽  
England And Wales ◽  
Metropolitan Police ◽  
Trafalgar Square ◽  
Poll Tax

This paper offers a new way of conceptualising how intersectional solidarities are actualised. It recounts and theorises an outbreak of radical internationalism, when working class struggles in Britain and South Africa were unexpectedly linked. It examines how intersectional solidarity was materialised through a process of coming together against the architectural fabric of the South African Embassy and considers the interwoven temporalities that enabled this action to occur. On 31 March 1990, nearly a quarter of a million people demonstrated in London against the Poll Tax that was due to take effect in England and Wales the following day. On the day, the Metropolitan Police lost control of an already enraged crowd and provoked a large scale riot that engulfed the West End of London for several hours. In the midst of the riot, during a short retreat by the police, protesters took the opportunity to attack the South African Embassy in Trafalgar Square – many windows were broken and an attempt was made to set the building alight. Drawing on interviews with former anti-apartheid protesters who were present on that day (and who had concluded a four-year long Non-Stop Picket of the embassy a month earlier), this paper explores and analyses their memories of that unexpected moment when their previously symbolic call to ‘burn it down’ was (almost) materialised. In doing so, it contributes new ways of conceptualising the spatiality and temporality of intersectional solidarity.

scholarly journals Incentives for the manufacturing sector: what South Africa can learn from Malaysia and Singapore

2015 ◽  
Vol 8 (1) ◽  
pp. 105-124
Author(s):  
Lenatha Wentzel ◽  
Kerry De Hart
Keyword(s):  
Economic Growth ◽  
South Africa ◽  
South African ◽  
Foreign Investment ◽  
Manufacturing Sector ◽  
South African Government ◽  
Manufacturing Companies ◽  
The South ◽  
African Government ◽  
Similarities And Differences

The expansion of the manufacturing sector is one of the South African government’s focus areas for economic growth and employment creation. The research on which this article is based identified additional incentives, applicable to the manufacturing sector, which the South African government could introduce to encourage investors to choose the South African manufacturing sector as a desired investment destination. The incentives provided to manufacturing companies by the governments of Malaysia and Singapore and those provided by the South African government are compared in order to examine the similarities and differences between these incentives. In the light of these findings, recommendations are made for additional incentives in South Africa to promote investment in South African manufacturing companies and reduce some of the barriers that prevent local and foreign investment in the country.

scholarly journals Disaster management and humanitarian logistics – A South African perspective

2011 ◽  
Vol 5 (1) ◽  
Author(s):  
Wilna L. Bean ◽  
Nadia M. Viljoen ◽  
Hans W. Ittmann ◽  
Elza Kekana
Keyword(s):  
South Africa ◽  
South African ◽  
Large Scale ◽  
Critical Role ◽  
Humanitarian Logistics ◽  
Future Research ◽  
The South ◽  
Management Context ◽  
African Perspective ◽  
The Impact

Disasters are becoming an unavoidable part of everyday life throughout the world, including South Africa. Even though South Africa is not a country affected by large-scale disasters such as earthquakes, the impact of disasters in South Africa is aggravated significantly by the vulnerability of people living in informal settlements. Humanitarian logistics, as a ‘new’ sub-field in the supply chain management context, has developed significantly recently to assist in disaster situations. This paper provides an overview of the South African humanitarian logistics context. Even though humanitarian logistics plays a critical role in the aftermath of disasters, it extends far beyond events that can typically be classified as ‘disasters’. Therefore the implication of the South African humanitarian logistics context on future research and collaboration opportunities in South African humanitarian logistics is also discussed. Finally, two recent case studies in the South African humanitarian logistics environment are discussed.

scholarly journals Potentiality of the South African Construction SMME Contractors Globalising within and Beyond the SADC Construction Markets

2018 ◽  
Vol 2 (1) ◽  
pp. 41-49
Author(s):  
Iruka Chijindu Anugwo ◽  
Winston Shakantu ◽  
Ibrahim Saidu ◽  
Anita Adamu
Keyword(s):  
South Africa ◽  
South African ◽  
Business Strategy ◽  
Large Scale ◽  
Business Strategies ◽  
Technological Advancement ◽  
Eastern Cape ◽  
The South ◽  
Construction Market ◽  
Potential Capacity

The African continent stands on the verge of developmental take-off, most especially the Southern African Development Community (SADC) region being one of the emerging economies. The 15 years SADC strategic plan for implementation of infrastructure and construction development is believed to stimulate economic, social and technological advancement; and increase the competitiveness and sustainability amongst the Small, Medium and Micro Enterprises (SMME) and large contractors within the region and globe. The major problem is that most of the SMME contractors within South Africa, which have the potential to grow into large construction companies and, to further internationalise their businesses lacks the global readiness. Thus, the global thrusts have generated the concepts of globalizing business strategy and operations, as one of the drivers of competitiveness of many countries and organisations. The purpose of this study is to evaluate the potential of the South African construction SMME /contractor's capability for globalizing within and beyond the SADC construction market. This study was conducted among the construction SMME contractors in Port Elizabeth, the Eastern Cape Province of South Africa.  The qualitative research method was adopted an in-depth interviewing technique with 34 contractors (civil engineering and general building contractors) within the cidb grade 4 to 6 contractors. These SMMEs are being perceived to have the potential capacity to become large-scale construction organisations shortly. Findings revealed that only two SMME contractors are operating internationally while other contracting firms are currently sustainable and competitive in the domestic market, and however, few are planning to go global. The study also revealed that most of the SMME contractors are reluctant to amplify their potential capabilities, and needed the readiness to develop international business strategies that would enable them to penetrate and participate in the SADC region and global construction market. The study recommends that the SA construction contractors both SMME and large contractors should strive earnestly to harness their potential capacity towards globalizing their businesses, strategies and operations frameworks that would foster their global competitiveness.  Keywords: Business Strategies, Capability, Globalisation, SMME Contractors, South Africa.

scholarly journals Investment promotion in the South African manufacturing industry: incentive comparisons with Malaysia and Singapore

2014 ◽  
Vol 17 (3) ◽  
pp. 319-335 ◽  
Author(s):  
Martha SI Wentzel ◽  
Maxi Steyn
Keyword(s):  
South Africa ◽  
Foreign Direct Investment ◽  
South African ◽  
Direct Investment ◽  
Manufacturing Industry ◽  
The South ◽  
Short Term ◽  
Foreign Investors ◽  
Investment Promotion ◽  
Inward Foreign Direct Investment

South Africa needs to increase its inward foreign direct investment in order to achieve economic growth. The purpose of this article is to explore which intervention could be launched in the short term to enhance the country's attractiveness for foreign investors. The findings of the literature review demonstrated that incentives, as a determinant of investment, are the short-term intervention with the most significant potential to attract additional foreign direct investment. A comparative study, which provided insight into the incentives that are currently offered to the manufacturing sectors of three countries (South Africa, Malaysia and Singapore), assisted in identifying two additional incentives that the South African government could introduce and three existing incentives that could be amended. The introduction or modification of these incentives could ensure that South Africa has a competitive advantage to attract investment from foreign investors and thereby increase South Africa's inward foreign direct investment in the manufacturing industry.

scholarly journals Trade liberalisation, competitiveness and the real exchange rate (RER): An analysis of developments in South Africa during the 1990s

2003 ◽  
Vol 6 (4) ◽  
pp. 643-665
Author(s):  
L Rangasamy ◽  
C Harmse
Keyword(s):  
South Africa ◽  
Exchange Rate ◽  
Real Exchange Rate ◽  
South African ◽  
Manufacturing Sector ◽  
Trade Liberalisation ◽  
The South ◽  
Domestic Prices ◽  
Tradable Sector ◽  
The Impact

This paper tests whether tariff liberalisation has lead to increased competitiveness in the South African economy. The 46 sectors of the South African economy are classified as exportable, importable, importable and exportable and non-tradable. The impact of trade liberalisation on domestic prices for importables and exportables is then assessed by making use of real exchange rate calculations. It is concluded that while increased globalisation of production processes in South Africa may have improved the competitiveness of the tradable sector, tariff liberalisation played a minimal role in improving competitiveness in the manufacturing sector.

Foreigners' Rights to Work and Fair Labour Practices in South Africa: A Review of the South African Labour Legislation and Jurisprudence

2020 ◽  
Vol 35 (1) ◽  
Author(s):  
Andre Mangu
Keyword(s):  
South Africa ◽  
Human Rights ◽  
South African ◽  
Bill Of Rights ◽  
The South ◽  
Legislation And Jurisprudence ◽  
Foreign Nationals ◽  
Lay Persons ◽  
Democratic State ◽  
Labour Legislation

After several decades of apartheid rule, which denied human rights to the majority of the population on the ground of race and came to be regarded as a crime against humanity, South Africa adopted its first democratic Constitution in the early 1990s. The 1996 Constitution, which succeeded the 1993 interim Constitution, is considered one of the most progressive in the world. In its founding provisions, it states that South Africa is a democratic state founded on human dignity, the achievement of equality, the advancement of human rights and freedoms. The Constitution enshrines fundamental human rights in a justiciable Bill of Rights as a cornerstone of democracy. Unfortunately, in the eyes of a number of politicians, officials and lay-persons, the rights in the Bill of Rights accrue to South African citizens only. Xenophobia, which has been rampant since the end of apartheid, seems to support the idea that foreigners should not enjoy these rights. Foreign nationals have often been accused of posing a threat to South African citizens with regard to employment opportunities. In light of the South African legislation and jurisprudence, this article affirms the position of the South African labour law that foreign nationals are indeed protected by the Constitution and entitled to rights in the Bill of Rights, including the rights to work and fair labour practices.

The Engagement of Beneficiaries in Farm Governance of Restituted Land through the Communal Property Association Model: The Ideal Versus the Reality of Beneficiary Farms in South Africa

2019 ◽  
Vol 16 (2) ◽  
Author(s):  
Mokoko Piet Sebola ◽  
Malemela Angelinah Mamabolo
Keyword(s):  
South Africa ◽  
South African ◽  
Land Reform ◽  
Farm Management ◽  
The South ◽  
African Government ◽  
Communal Property ◽  
Farm Ownership ◽  
Land Restitution ◽  
Communal Property Associations

The purpose of this article is to evaluate the engagement of farm beneficiaries in South Africa in the governance of restituted farms through communal property associations. The South African government has already spent millions of rands on land restitution to correct the imbalance of the past with regard to farm ownership by the African communities. Various methods of farm management to benefit the African society have been proposed, however, with little recorded success. This article argues that the South African post-apartheid government was so overwhelmed by political victory in 1994 that they introduced ambitious land reform policies that were based on ideal thinking rather than on a pragmatic approach to the South African situation. We used qualitative research methods to argue that the engagement of farm beneficiaries in farm management and governance through communal property associations is failing dismally. We conclude that a revisit of the communal property associations model is required in order to strengthen the position of beneficiaries and promote access to land by African communities for future benefit.

Exploring the South African Government Communication on Land Expropriation without Compensation

2020 ◽  
Vol 72 (1-3) ◽  
Author(s):  
Lungisani Moyo
Keyword(s):  
South Africa ◽  
Food Security ◽  
South African ◽  
Small Scale ◽  
South African Government ◽  
Eastern Cape ◽  
The South ◽  
Land Expropriation ◽  
African Government ◽  
Government Communication

ABSTRACT This paper used qualitative methodology to explore the South African government communication and land expropriation without compensation and its effects on food security using Alice town located in the Eastern Cape Province South Africa as its case study. This was done to allow the participants to give their perceptions on the role of government communication on land expropriation without compensation and its effects on South African food security. In this paper, a total population of 30 comprising of 26 small scale farmers in rural Alice and 4 employees from the Department of Agriculture (Alice), Eastern Cape, South Africa were interviewed to get their perception and views on government communications and land expropriation without compensation and its effects on South African food security. The findings of this paper revealed that the agricultural sector plays a vital role in the South African economy hence there is a great need to speed up transformation in the sector.

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