Since they had so much invested in South Africa, they were in a position of power, and they could have used that power much more effectively. They might even have been able to bring change about sooner than it occurred. While they did not take their responsibility seriously, companies do have a moral and ethical responsibility to themselves, their communities, and their shareholders. The companies that do not recognize this should not gain support or business from their consumers. It is up to the shareholders to hold the companies responsible for their ethical behavior and to how they manage their investments. The company has a responsibility to make money and to stay healthy, but not at the...
It does not have to be difficult to act morally and responsibly. It can become a part of the everyday actions of the business, and it should be an everyday action, not a random act that is not followed up.
The laws of South Africa has been constituted and formed, as a result of the influence from the English laws in procedure. 6. Environmental Concerns Where it has been observed that South Africa is full of resources, on the other hand, it has also come to notice that environmental concerns also loom large as one of the issues that needs grave consideration. Amongst the environmental concerns, air pollution, marine pollution, soil
Almost a third of the government's total revenue emanate from indirect taxes, mainly from value-added taxes (Brand South Africa, Niekerk). 3. privatization -- this process was viewed to create a robust flow of business opportunities in the next many years at a range of 100-150 billion South African Rands (PGI 2012). This is equivalent to U.S.$12-20 billion. There will be estimated and sustained business acquisition opportunities in agribusiness, agriculture and
In 1990, Africa had 2% of the world's telephones, but in 2000 it had only 0.8%. (These data, taken from International Telecommunications Union tables, represent fixed lines, not wireless, and there are now more mobile telephone subscribers in Africa than fixed-line subscribers. 3 Nevertheless, with about 12% of the world's population, Africa is far behind in per capita telephone subscribers.) (Hundley, Anderson, Bikson & Neu, 2003, p. 126) More specifically, even
South Africa The Republic of South Africa as it is officially known is a burgeoning international market for trade and investment. Since the establishment of freedom from apartheid in 1994 the country has seen dramatic political, economic, cultural, and legal changes that have brought it to the forefront of international business. The economic picture of the country is a in a growth phase and will continue to be, if the conditions
South Africa's high rate of unemployment reflects that lack of employment opportunities for the majority black African population. This is an endemic problem for the entire region, as unemployment rates in Swaziland, Lesotho, Zimbabwe, Namibia and Botswana are actually higher. The problem relates specifically to black Africans, and especially in rural areas. The wealthiest province, in terms of performance in poverty indicators, is Western Cape, and this province in Coloured
Investment in South Africa In your judgment, were the possible utilitarian benefits of building the Caltex plant in 1977 more important than the possible violations of moral rights and of justice that may be involved? Justify your answer fully by identifying the possible benefits and the possible violations of rights and justice that you believe may be associated with the building of the plant, and explaining which you think are more
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