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Faculty of Management Sciences

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    Cluster methodology : the strategy for sustainable local development in the rural communities of South Africa
    (2023-05-16) Zondo, Robert Walter Dumisani
    Rural communities are making efforts to implement sustainable development initiatives in their regions. However, there is a lack of capacity, specific development strategies, expertise, infrastructure and finance to achieve their developmental goals. These deficiencies disadvantage self-reliant initiatives in rural areas as the development interventions and investments are directed to better-off urban communities. Hence, this paper proposes the cluster approach as a sustainable local development in rural areas of South Africa. Clusters are referred to as the agglomeration of inter-related firms and related institutions. They are employed to show a geographical and a sectoral focus of firms that produce and sell a range of related or complementary goods and services. These firms normally experience the same challenges and opportunities. The clusters are assisted by a spectrum of supportive institutions situated within spatial proximity, including business-related associations, technical or training service providers. Cluster development initiatives that improve access for local firms to local and global markets can have positive poverty impacts that enhance income, employment and the well-being of workers and entrepreneurs within a cluster. This study assesses the influence of the cluster approach on sustainable local development in rural areas of South Africa. It establishes the suitability of clusters as strategic methods for local economic growth for South Africa.
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    Insights into corporate social responsibility in small and medium enterprises in South Africa
    (International Journal of Special Education, 2022-03-03) Maome, Itumeleng Judith; Zondo, Robert Walter Dumisani
    Small and Medium Enterprises (SMEs) are recognised around the world for their contribution to a country's social and economic growth. They are the fertile generators of economic growth and development for South Africa. It has been recognised that one of the strategies that contributes to the longevity and success of businesses is Corporate Social Responsibility (CSR). Hence, this study provides an insight into the influence of CSR on business growth in South Africa. Various scholars assert that CSR is more evident in major corporations with structured CSR strategies. Such businesses have separate divisions dedicated to CSR initiatives. However, CSR activities in SMEs in South Africa are still sketchy. They are based on the personal judgement and beliefs of owners and managers. There is a lack of awareness of the advantages of CSR in SMEs in South Africa. The lack of top management commitment has also been identified as a barrier to SMEs participating in CSR in South Africa. Consequently, there is more focus on the application of CSR in big corporations, thus neglecting SME participation in this initiative. It has thus been established that CSR remains a development tool that facilitates growth for SMEs in South Africa. Not all CSR activities require businesses to spend millions on such activities. SMEs may choose projects that are within their economic means. Hence, CSR awareness campaigns are useful to assist SMEs to make their projects more explicit.