There are growing expectations across the world for companies to show their commitment to corporate social responsibility (CSR). This is especially so for large multinational companies. Their size, influence and geographic spread make such responsibility all the more important.
But, in reality, how do multinationals respond both to global norms and diverse local expectations?
After good summer rains, the dams that supply water to Johannesburg and much of South Africa’s economic heartland are full. This, then, is the time to start worrying about water supplies.
It may sound odd but it’s a lesson learnt from cities across the world over the past two decades. Whether it was Sydney and Melbourne in Australia, Chennai in India, Barcelona in Spain or São Paulo in Brazil, we have seen that, too often, water crises occur because societies don’t take action until it’s already too late.
Only 16% of Construction on Africa’s Infrastructure Is Built By Local Firms. Khato Civils CEO Calls For Change.
Khato Civils CEO Mongezi Mnyani has called on financiers and governments to ensure that African infrastructure is primarily built by African firms. The call comes as concerns grow over the lack of local participation and consultation in the continent’s infrastructure rollout.
Mr Mnyani has spoken out to highlight the damage created by failing to engage with local communities and enterprises when funding and developing infrastructure projects.
Only 16% of Construction on Africa’s Infrastructure Is Conducted By Local Firms.