Dlamini, Thandokuhle Brandon2024-07-172024-07-172022Dlamini, Thandokuhle Brandon. (2022). Attaining Sustainable Economic Development for Emerging African Markets using CSI and Financial Competences [Master’s dissertation, University of the Witwatersrand, Johannesburg]. WireDSpace. Vhttps://hdl.handle.net/10539/38950Masters Research Report Submitted to WITS Business School in the partial fulfillment of the requirements for the degree of Masters of Management in Finance and Investment WITS Business School Johannesburg, 2050 South Africa 2022Corporate social investing has been a topical issue for years now, especially in the developing countries because there are many mining and related activities taking place. Generally, the criticism on mining activities does not link to their social economic benefits; hence, the story tends to be lopsided to negativity. Despite high CSI projects in Africa, there are still problems of high inequality,financial exclusion, low savings rate and bad economic development, academic literature is thin on how these projects can be used effectively. Motivated by previous literature, this study uses the VAR, logistic and multilinear models to investigate the effectiveness of using CSI to stimulate sustainable economic growth in selected African markets. The results of this research reveal that the main macroeconomic drivers of CSI projects are (i) global CSI expense, (ii) rehabilitation and community costs, and (iii) interbank rate. Surprisingly, inflation rate is a hedge variable. Although, the contribution of energy, mining and manufacturing industries to social economic development is evident, the findings of this study do not override the negative effects to global warming from these industriesen© 2022 University of the Witwatersrand, Johannesburg. All rights reserved. The copyright in this work vests in the University of the Witwatersrand, Johannesburg. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of University of the Witwatersrand, Johannesburg.CSICSREconomic developmentE21E22E26UCTDSDG-8: Decent work and economic growthDissertationUniversity of the Witwatersrand, Johannesburg