KYLA HAZELL: A call for business restitution

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

Россия Новости Новости

Unlike charity, a restitution process is highly relational, potentially costly, and long-term — it should affect a firm’s bottom line

In the early days of SA’s democracy the Truth and Reconciliation Commission found that while the degree of involvement varied, most businesses carried responsibility for the ills of apartheid because they benefited from operating in a racially structured environment.

By now it is accepted that the violence and looting that tore through parts of SA in July had multiple causes, among them unprecedented levels of unemployment and widespread loss of income during the Covid-19 pandemic directly affecting food security. S’bu Zikode, who leads SA’s largest movement for the urban poor, has been unequivocal in naming the unrest food riots.

While we may feel exhausted by the costs of this year, reflecting on what got us here demands that business hear the TRC’s call to take responsibility for restitution once more, while acknowledging that responsibility is not equally borne. Restitution is not charity; it is crucial to differentiate between the two. Nor is it corporate social investment. These may involve some form of transfer, but both differ from restitution in meaningful ways.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 12. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

WATCH: Why business confidence has dimmedBusiness Day TV spoke to Sacci chief economist Richard Downing about business confidence God almighty had been doing great things in my life but the greatest be did was to connected me to this trader Mr Bunt who help me to make good profits of $25,000 with just $5000 i invest just 5days i am so happy meeting you bunting_fx🥰🥰🥰
Источник: BDliveSA - 🏆 12. / 63 Прочитайте больше »

WATCH: Why business confidence has dimmedBusiness Day TV spoke to Sacci chief economist Richard Downing about business confidence
Источник: BDliveSA - 🏆 12. / 63 Прочитайте больше »

Black Business Council, Business Unity SA working on strengthening relationshipKganki Matabane, the chief executive of BBC, said the council and Busa, which mainly represents established businesses, met last Thursday to discuss ways to cooperate more.
Источник: SowetanLIVE - 🏆 13. / 63 Прочитайте больше »