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Is Negotiation a Threat to Zimbabwean Investment Deals? an Analysis of Essar and Green Fuel Investments
Journal of Investment and Management
Volume 2, Issue 3, June 2013, Pages: 41-49
Received: Apr. 8, 2013; Published: Jun. 10, 2013
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Author
Michael Musanzikwa, Lecturer at Chinhoyi University in the Department of Supply Chain Management
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Abstract
Purpose: The purpose of this paper is to provide an overview of the Negotiation structures in Zimbabwe, ad-dressing the extent to which negotiation mechanisms may have been a contributory factor to the recent negotiated govern-ment deals with Essar and Green Fuel Chisumbanje projects which have taken so long to take off than as anticipated. Design/Methodology/Approach: The study adopted a qualitative research design because it provided flexibility and afforded the researcher the opportunity to conduct an in-depth research. Case studies of Essar and Green Fuel investments were conducted. Findings: The findings suggest that there were no effective stakeholder consultations before the FDI deal with Essar was signed. It appears as though negotiators were in a hurry to sign the agreement before doing a thorough analysis. The case of Green Fuel, also demonstrated the absence of wider stakeholder consultation before the implementation of the project. There was evidence of lack of transparency on the part of negotiations. Research Limitations/Implications: The main limitation of the study lies with a lack of complex analysis undertaken to support the findings. Practical Implications: The findings from the study suggest that Government policy is never implemented Social Implications: Governments across the world pay lip service when it comes to implementing Government projects. As a result the public suffer due to poor service delivery. Originality/Value: The paper is original as it is the first attempt to discuss government negotiation deals that do not materialise according to the planned time frame.
Keywords
Foreign Direct Investment, Negotiation, Public Policy, Projects
To cite this article
Michael Musanzikwa, Is Negotiation a Threat to Zimbabwean Investment Deals? an Analysis of Essar and Green Fuel Investments, Journal of Investment and Management. Vol. 2, No. 3, 2013, pp. 41-49. doi: 10.11648/j.jim.20130203.12
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