Contemporary CSR Trends in Zimbabwe: An Analysis of Publicly Listed Companies.
This comprehensive analysis covers the corporate social responsibility (CSR) activities of companies listed on the Zimbabwe Stock Exchange (ZSE) and the Victoria Falls Stock Exchange (VFEX) from 2018 to 2023.
Key highlights from the report include:
- CSR Reporting: An overview of CSR reporting practices, noting improvements prompted by the COVID-19 pandemic.
- Sector Analysis: Insights into CSR contributions across various sectors, including finance, hospitality, manufacturing, and mining.
- CSR Trends: Significant CSR contributions from the mining and finance sectors, especially during the pandemic.
- Challenges: The voluntary and uncoordinated nature of CSR in Zimbabwe, with companies investing less than 1% of their gross revenue in CSR activities.
- Recommendations: Suggestions for adopting a legal framework for CSR, providing government incentives, enhancing transparency, encouraging multi-stakeholder collaboration, and focusing on long-term impact.
