Sus1501
Sus1501
Assignment 4 , 2024 s2
TEBOGO NDHLOVU
, ASSESSMENľ 04
So, in assessment 2, we íeflected on a paíticulaí case involving gíeat wealth - Bob van
Dijk and his R 1.9 billion payout in 2018/2019. In assessment 3, we íeflected on veíy
seveíe poveíty and abuse in the supply chain of a global commodity - cobalt.
In this assessment we aíe going to think about the possibility that these two issues -gíeat
wealth and gíeat poveíty - might be linked by focusing on the píoposal in Assessment 1
that:
“ľhe wealth of a few depends on the poveíty of many.”
ľo make this possibility íeally come alive though, we want you to consideí two of the
questions in assessment 1 togetheí:
"Of the top 10 wealthiest people (all men), eight aíe tech billionaiíes. ľheií net
woíth is US$ 1.1 tíillion oí ZAR 22 tíillion"
(ľo put this into a bit of peíspective, the South Afíican Goveínment Employee
Pension Fund, South Afíica's biggest asset owneí has somewheíe between ZAR 2
and ZAR 3 tíillion.)
AND
"60% of the woíld's cobalt is mined in the DRC. Significant amounts of this is
mined undeí appalling conditions, often by child labouíeís."
Re: Assessment 4 - 727035
Step: 1 “is this, ok?”
No, it is not okay that the wealth of the wealthiest people íesults fíom cobalt mined bythe
childíen undeí pooí woíking conditions.
1. a) The term "Indigenous Knowledge" refers to the knowledge systems, practices,
and beliefs of Indigenous peoples regarding their environment, culture, and
community practices. Experiences, observations, and relationships with the land
that have been passed down through the generations frequently provide the
inspiration for it. This data is unique to explicit networks and reflects their
perspectives, values, and way of life. b) "Indigenous Information Frameworks"
(IKS): IKS encompass the intricate networks of information, practices, and beliefs
that native networks use to connect with their current situation and carry out their
daily routines. It places an emphasis on the cultural, spiritual, and social aspects of
knowledge as well as indigenous peoples' comprehension of sustainable resource
management. IKS are extensive and rooted in the real-world and social
environments of the local area. c) "Traditional Knowledge": A community's
practices, beliefs, and knowledge are referred to as "Traditional Knowledge." It
discusses agricultural practices, health remedies, cultural practices, and the fauna
and flora of the area. Conventional information, unlike native information, can also
be found in non-native networks and is not really linked to a specific native legacy.
d) Traditional Environmental Knowledge (TEK): TEK is a subset of traditional
knowledge that specifically focuses on comprehending and managing biological