“This paper draws attention to the problems
of inequality through a discussion of the impact of urban-based formal businesses on rural and informal sector development processes in a South African city. One of the important challenges of modern business studies of Africa is identifying the stakeholders needed to link the business sector to the broader goal of sustainable
development. The sustainable development theme is increasingly being used to measure progress in various human activities, and the business sector is no exception. This change in the analysis of human activities stems from an increasing awareness of their interdependent nature. Analysing businesses in the context of the sustainable development principle involves identifying certain key stakeholders who need to network to produce identified and desired outcomes. This issue used to constitute a source of ideological conflict between the business efficiency school on the one hand, and the business social responsibility school on the other.”
