Globalization shortens the distance between people all over the world by the electronic communication. In short, this research paper will try to zero in on the impact of globalization on new media ...Web

Globalisation will have a significant impact on African nations, their economies and societies during the next decade (Geo-JaJa 2003).King and McGrath argue that African countries, in order to compete more effectively and efficiently in economic markets increasingly dictated by globalisation, will need to develop policy strategies …Web

Latif et al. (2018) and Samimi and Jenatabad (2014) found that direct foreign investment, ICT and the income level of countries played a significant moderating role on the impact of globalisation on economic growth in BRICS (Brazil, Russia, India, China and South Africa) and the Organization of Islamic Cooperation (OIC) countries, respectively.Web

The Global financial crisis and developing countries 2 Commodity price fluctuations 2 The global financial crisis and its impact on Africa 7 THE MINING INDUSTRY IN …Web

The study examined the effects of economic globalisation and institutions on environmental quality in Sub-Saharan Africa between 2002 and 2017. The researchers used generalised method of moments technique and the results showed that institutions have a positive impact on environmental degradation, while economic globalisation and …Web

The study examines effects of globalization, while leveraging the triple bottom-line (TBL) theory to determine relationships with respect to each dimension of sustainability. A …Web

Over the past few years, the mining industry has been beset with a number of challenges including, amongst others: falling commodity prices, high input costs, infrastructure …Web

The impacts of global changes in climate are rapidly escalating in South Africa. Unless concerted action is taken to reduce greenhouse gas emissions, temperatures may rise by more than 4 °C over the southern African interior by 2100, and by more than 6 °C over the western, central and northern parts of South Africa [1, 2].Extreme weather …Web

This article investigates the impact of globalisation on employment and wages in the South African manufacturing sector for the period 1993 to 2001. Globalisation has led to a more open economy. Export volumes have increased and manufactured goods have gained ground in relation to mining products. Within the manufacturingWeb

The $750 million South Africa COVID-19 Response Development Policy Operation supports government efforts to accelerate its COVID-19 response, aimed at protecting the poor and vulnerable from …Web

percent of South Africa's mining revenue. Global trends could put the South African mining industry under further pressure in the years ahead (Exhibit 3, next page). These include: Growth in renewable energy sources, which could impact prices and production of both PGMs and export and local thermal coal. Worldwide, McKinsey Energy InsightsWeb

long histories of mining, benefits came from foreign direct investment (FDI), export revenues, and fiscal revenues. The overall impact of the mining sector was much …Web

In the past few decades, globalization and sustainability constitute well received phenomena within business and academic discourse. On the other hand, contemporary mining supply chains typify peculiar areas wherein these manifestations are prevalent. While the mining supply chain has been economically beneficial to immediate …Web

The strong orientation towards regional economic security had a negative impact on global cooperation. ... During the 2023 Mining Indaba in South Africa, African states were invited to cooperate within the MSP framework, Footnote 79 but they must take initiative to ensure a take-up of these and other emerging opportunities. It is to Africa's ...Web

In economics, globalization can be defined as the process in which businesses, organizations, and countries begin operating on an international scale. Globalization is most often used in an economic context, but it also affects and is affected by politics and culture. In general, globalization has been shown to increase the …Web

A fair globalization: Creating opportunities for all II. GLOBALIZATION AND ITS IMPACT II.1 Views and perceptions Common ground Africa Arab world Asia Latin America and the Caribbean Transition countries of Europe and Central Asia Western Europe and North America Business, labour and civil society II.2 Globalization: Its nature and impact ...Web

Alberto Zuleta, CEO of South Africa-based gold producer AngloGold Ashanti Ltd., attributed approximately 40% of the company's inflationary impact in the first half of 2022 to rising diesel prices. Teck …Web

Most of the global warming since 1950 (an increase of 0.7°C) has been the result of human activity. 32 Annual global emissions of carbon dioxide have increased over the past decade, as have the ...Web

Critical analysis of South Africa's actual experience with globalisation since 1994 may put into more "factual" perspective the claims that globalisation will inevitably lead to greater inequality through the labour market route and that developing countries can do little on their own to mitigate any adverse economic impacts of the process ...Web

South Africa's mining industry has undergone drastic changes since the 1980s. There has been a persistent decline in the economic viability of the most important sector and the foundation on which the mining house system had been based - the gold industry.Web

Nobody knows all of the environmental and social effects of globalisation. The following listing is necessarily incomplete and brief. I have devoted the most space to the biological effects of globalisation. Items are in no particular order. Loss of Biodiversity Reduced Genetic Diversity in AgricultureA profound reduction ofWeb

SARW: Impact of the Global Financial Crisis on Mining in Southern Africa Southern Africa Resource Watch President Place 1 Hood Avenue / 148 Jan Smuts Avenue (corner Bolton Road) Rosebank PO Box 678, Wits 2050 Johannesburg South Africa Tel: +27 (0) 10 590 2600 Fax: +27 (0) 10 590 2699 Design and Layout: Paul WadeWeb

The trade account of South Africa is currently in deficit, it as $391m as of March 2007, slightly lower than expected, as both its import and export have risen. However, the growth pace of exports has been faster than imports. The leading export industries have been semi-precious and precious stones and mechanical equipment.Web

1 Minerals to Metals Initiative, Department of Chemical Engineering, University of Cape Town, Cape Town, South Africa; 2 Future Water Institute, Faculty of …Web

The South African mining industry has a history of a range of major challenges, including high operating costs that have had a negative impact on mines' profitability and financial sustainability. The advent of Fourth Industrial Revolution technologies has opened up new opportunities for the mining industry, among other things, to improve its ...Web

Pressure is high for Ramaphosa's administration to reassert the global competitiveness of the nation's mining sector. In 2020, South Africa came 60th out of 77 jurisdictions in the Fraser Institute's Annual Survey of Mining and Exploration Companies report, fourth bottom out of 13 African countries while Botswana topped Africa's list ...Web

Because of South Africa's particular mineral endowment, power and electricity grid constraints, and socioeconomic considerations, its mining industry faces …Web

Since then, the mining industry has become hugely important to the country, contributing roughly 219.5 billion South African Rand (roughly 12.8 billion U.S. dollars) in 2021 to South Africa's ...Web

Abstract. In this study, the effect of globalisation (both its de jure and de facto components) on economic development in sub-Saharan Africa (SSA) is examined. The work utilises an ex-post facto research strategy and analyses panel data of 35 SSA nations from 1995 to 2018 using the Dynamic Common Correlated Effects (DCCE) estimation ...Web

impact of globalisation on economic growth in BRICS (Brazil, Russia, India, China and South Africa) and the Organization of Islamic Cooperation (OIC) countries, respectively. On this basis, the study also investigates factors that moderate the impact of globalisation on economic growth in Africa.Web

restrictions), (iii) the effect of disrupted global production and supply chains on South African exports, and (iv) the effect of uncertainty on business investment. The combined direct effects of these shocks are illustrated in Table ES1. These four channels of direct impact will have knock-on effects that spread through the entireWeb

While globalization has increased the movement and interconnection of goods, technology, and information, it has also affected employment. Many studies have analyzed the impact of globalization on employment creation resulting in positive and negative findings. However, an area of literature still needs to be explored studying how …Web

Abstract. This paper examines a two-way relationship between globalisation, technology and sustainability. It traces the impact of globalisation on sustainable development while at the same time ...Web

This study investigates whether the dynamic effects of globalization and energy consumption can lead to a significant rise in South Africa's environmental degradation. Specifically, the study investigates which among the combinations of the variable of globalization, energy use, and economic growth is possessive with the …Web

It concludes that there is increased similarity in mining practices resulting from globalization and while they have not resulted in a descent to the lowest common …Web

The COVID-19 pandemic has affected many economies worldwide. It had diverse impacts on the African mining sector. This paper documents its impact by focusing on four major mineral-rich African countries: Ghana, Mali, South Africa and Zambia. An assessment of the impact of the pandemic on production, employment and government …Web