Bachelorarbeit, 2013
97 Seiten, Note: 2.1
This research aims to examine the problems associated with the implementation of Community Share Ownership Trusts (CSOT) in rural development, using the case of Mazvihwa area in Zvishavane, Zimbabwe. The study delves into the effectiveness of CSOT as a rural development strategy, analyzing both its benefits and the challenges encountered in its implementation.
The research begins with a comprehensive introduction, setting the context and outlining the study's objectives. It then delves into a thorough literature review, examining existing knowledge on CSOTs, community participation in development, rural development strategies, indigenization policies, and the challenges associated with CSOT implementation.
The methodology section explains the research approach, design, population and sampling techniques, data collection methods, and analysis techniques employed in the study.
The study then presents and analyzes data, exploring the socio-economic characteristics of Mazvihwa area, the implementation of CSOT in the region, and the challenges and benefits associated with its implementation. It concludes with recommendations for effective CSOT implementation, drawing upon the research findings.
The research focuses on the critical topics of Community Share Ownership Trusts (CSOT), rural development, community participation, indigenization and economic empowerment, challenges of CSOT implementation, and the case study of Mazvihwa area in Zvishavane, Zimbabwe. The study aims to contribute to the understanding of the complexities of community-based development initiatives and the role of CSOT in fostering sustainable economic growth and social well-being in rural areas.
It is a mechanism for community economic empowerment where local communities hold a share (often 10%) in businesses operating in their area, particularly in the mining sector.
A Zimbabwean policy from 2010 stating that native citizens should be majority shareholders (51%) of businesses, with a portion dedicated to the local community.
Key challenges include funding constraints, lack of managerial skills, limited community participation, and poor communication between stakeholders.
While CSR is often voluntary, CSOT is a legally enforced hybrid that ensures communities are compensated for resources extracted from their land.
It promotes dialogue, sustainable use of natural resources, and capacity building, allowing communities to participate in the economic mainstream.
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