The purpose of this report, commissioned by the Shared Value Africa Initiative (SVAI) in partnership with Strathmore Business School (SBS), is to establish through a select group of Private Sector companies, what the current state and understanding is of Creating Shared Value (CSV) is among businesses operating predominantly in South Africa and Kenya.
The report discusses the various emergent perspectives on the state of CSV drawn from select organizations in South Africa and Kenya. Thirty six percent of the participants are recognised Shared Value Practitioners (of which 88% are Shared Value Africa Initiative members), and the remainder are organisations that are focused on social impact that aligns to the Creating Shared Value.
In May 2020, Shared Value Africa Initiative embarked on a desktop research study to establish what relief work its members have implemented during the Coronavirus pandemic, and how this relief is linked to the purpose statements of the companies.
This research was done during May 2020, using desktop research, and it may not include all relief work being done by members. Research is focused on what companies are doing in their home country.
Mining is an important economic industry in over 100 countries around the world, with South Africa ranking among the top 50 “mining countries” in the world (International Council on Minerals and Metals, 2014; Sarupria, Mining has helped to shape South Africa to a greater extent than any other industry and accounts for a significant proportion of the country’s gross domestic product (GDP), foreign exchange earnings and employment.
Despite mining being recognised as a sunset industry plagued by rising costs, technical difficulties, political hostility and its legacy of diseases and negative environmental impact, South African mining is foundational to the development of all other industries and socio-economic priorities of government and communities.