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lonminlogo thumb medium90 90Afro Voice reports that research on the Marikana massacre has won the University of Cape Town’s (UCT’s) business school an international award.  

The Graduate School of Business (GSB) won first prize in the 2017 European Foundation for Management Development case-writing competition in the African business case category.  Associate professor Stephanie Giamporcaro from the GSB and Marilize Putter, a GSB alumnus, co-authored the study.  Before the 2012 Marikana massacre, Lonmin was seen as one of the more sustainable and socially responsible companies to invest in.  The study unpacks how investors could have missed the brewing tension at the platinum producer instead of being more involved in monitoring the company’s treatment of employees.  “What makes this case study especially relevant is that it is uniquely African but globally relevant.  This tragedy had big implications for many sectors and society in general,” Giamporcaro observed.  Claire Barnardo, the case-writing centre manager at the GSB, said the Marikana case served to provide business students with an insight into the complexities of the mining sector and the different relationships between labour unions, workers, executives and the corporate world in an emerging market business landscape.

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