Managing stakeholders in a traditional African setting
This article makes a case for how stakeholder relationships could be managed in an African manner using practices from the Bafokeng (“People of the Dew”), whose kingdom, the Royal Bafokeng Nation (RNB) is located in the North West province of South Africa.
They survived the negative effects of colonialism and apartheid and have emerged into the 21st century with a brighter future as the owners of vast mineral-rich land holdings (1,400 sq km as at 2015). The land they own and occupy was bought communally through German missionaries in the 1800s at a time when black people were not allowed to buy land in South Africa. Their story qualifies as among the oldest African investment cases around land acquisition.
Click here to read the full article.