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Role of Mining Companies on Youth Capacity Development in Namibia: Stakeholder Theory Perspective

In: Towards Digitally Transforming Accounting and Business Processes

Author

Listed:
  • Elizabeth Tuukondjele

    (University of Namibia)

  • Tia Tariro Chata

    (University of Namibia)

Abstract

The aim of this research paper is to study how Namibia Stock Exchange listed and non-listed mining companies contribute to the capacity development of the youth in Namibia. The study was a qualitative exploration with a population of the study (n = 25) comprising of 18 mining companies, 5 youth organisations and 2 educational institutions. In order to understand the perspectives, experiences and expectations of these stakeholders, data was collected through semi-structured questionnaires which were distributed interviews from a selected sample of the population. A purposive sampling was used to select 10 participants who have relevant knowledge and experience, and primary data was analysed through a thematic analysis in order to identify the patterns, themes and key insights. The findings of the study were that though mining companies have initiatives that are designed to contribute towards the capacity development of the youth in Namibia, the information gathered lacks details on the procedures followed to execute particular programs; the value of the projects was not indicated, it also lacked information on the effectiveness and sustainability of these programs nor did it indicate the metrics that was used to measure the success of the programs and initiatives. The paper recommends that the mining companies’ initiatives and programs should provide detailed information on the procedures followed to execute specific programs. That the mining companies should highlight the financial and non-financial resources invested in the initiatives and establish metrics and measurement tools to assess the success of the programs, engage with relevant stakeholders, including government agencies, educational institutions, and youth organizations, to ensure alignment of initiatives with broader national development goals and youth needs, seek partnerships and collaborations with existing youth development organizations and institutions to leverage resources, expertise, and networks for enhanced program outcomes.

Suggested Citation

  • Elizabeth Tuukondjele & Tia Tariro Chata, 2024. "Role of Mining Companies on Youth Capacity Development in Namibia: Stakeholder Theory Perspective," Springer Proceedings in Business and Economics, in: Tankiso Moloi & Babu George (ed.), Towards Digitally Transforming Accounting and Business Processes, pages 583-594, Springer.
    • Handle: RePEc:spr:prbchp:978-3-031-46177-4_31
    DOI: 10.1007/978-3-031-46177-4_31
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