South African corporate expansion into Zimbabwe: weathering the storm and reaping the benefits

SOURCE: Zimbabwe: picking up the pieces
OUTPUT TYPE: Chapter in Monograph
PUBLICATION YEAR: 2011
TITLE AUTHOR(S): S.Naidu
SOURCE EDITOR(S): H.Besada
KEYWORDS: CORPORATE ACTIVITIES, ZIMBABWE
DEPARTMENT: Developmental, Capable and Ethical State (DCES)
Print: HSRC Library: shelf number 6815
HANDLE: 20.500.11910/3804
URI: http://hdl.handle.net/20.500.11910/3804

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Abstract

This chapter explores the South African capital investment trajectory in Zimbabwe's economic recovery. It highlights the salient issues that underscore its presence in Zimbabwe's economy and assess how it can actually be a stimulus for Harare's economic revival. It examines post-apartheid South Africa's foreign policy in the continent and the competing image of whether Pretoria promotes a genuine development/African renaissance project or, as some analysts contend, a sun-imperialist agenda, especially under the Zuma presidency. The chapter also assesses whether South African corporations will face competition from other actors, particularly as the transitional government hedges its bets in attracting foreign investors into its economy.