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Journal articles on the topic 'Small business – South Africa – Growth'

Author: Grafiati

Published: 4 June 2021

Last updated: 1 February 2022

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1

Maurice Khosa, Risimati, and Vivence Kalitanyi. "Defining success of African immigrant-owned small businesses in Cape Town, South Africa." Problems and Perspectives in Management 14, no. 3 (2016): 46–54. http://dx.doi.org/10.21511/ppm.14(3).2016.04.

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Taking Cape Town, South Africa as a case, this paper seeks to investigate the factors that define the success of small businesses owned by African immigrants. The paper reviews literature on immigrant entrepreneurs, immigrant-owned ventures and social capital. A random sample of available immigrant small businesses owners was taken where semi-structured interviews were conducted, as well as the use of self-administered questionnaires. Secondary data (literature review) have unveiled that social networks are vital in the formation and growth stages of an immigrant-owned business, as networks pr

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N. Ngcobo, Raphael. "Credit provision by banks: a case study analysis of small businesses in South Africa." Banks and Bank Systems 12, no. 4 (2017): 65–74. http://dx.doi.org/10.21511/bbs.12(4).2017.06.

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Small business sector is considered as an important economic driver by many countries. In South Africa, small business sector has been acknowledged as the driving force to boost the economic growth and an important source of job creation. This article aims at identifying factors that are a challenge in obtaining bank finance by small businesses in South Africa.Primary data for this study involved a survey questionnaire directed to owners of small businesses operating in Ekurhuleni Metropolitan area, Gauteng, South Africa. Factors that were deemed to influence bank loan decision were examined.

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Lose, Thobekani, Robertson K. Tengeh, Eugine Tafadzwa Maziriri, and Nkosivile Welcome Madinga. "Exploring the critical factors that hinder the growth of incubatees in South Africa." Problems and Perspectives in Management 14, no. 3 (2016): 698–704. http://dx.doi.org/10.21511/ppm.14(3-3).2016.13.

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In as much as entrepreneurial action fosters job creation and economic growth, entrepreneurs encounter the significant risk of failure, and community bears the brunt. Though business incubators were designed to provide support and hope to ailing businesses, evidence suggests that not all on these programs succeed. Going on the assumption that even businesses on incubation programs do not seem to be immune to failure, this study sought to determine the key factors that hinder the growth of incubatees in South Africa. Adopting a quantitative approach, the questionnaire was utilized as the primar

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Litheko, Alpheaus. "Small Tourism Business Growth Through Eco-tourism in Mahikeng, South Africa." African Journal of Hospitality, Tourism and Leisure 10(1), no. 10(1) (2021): 256–69. http://dx.doi.org/10.46222/ajhtl.19770720-100.

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Small business enterprises are renowned worldwide as vehicles for economic growth and development. The small business sector in South Africa has encountered numerous obstacles and government agencies responsible for their development have come across challenges, and as a result, they have not been able to adequately develop a large number of small businesses. Product diversification is one of the growth strategies that can be developed by small tourism businesses to break into new markets and off-set the challenges associated with one sub-sector of tourism. The primary objective is to determin

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A. Abisuga-Oyekunle, Oluwayemisi, and Mammo Muchie. "Handicraft small enterprises as an instrument for rural economic growth and poverty eradication." Problems and Perspectives in Management 18, no. 4 (2020): 25–36. http://dx.doi.org/10.21511/ppm.18(4).2020.03.

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In South Africa, exploiting economic opportunities in the handicraft sector could create livelihood and employment for ordinary citizens living in rural areas. The potential contribution of handicraft small enterprises to sustainable livelihoods and poverty alleviation is yet to be fully exploited. It is also regarded as a sector with great growth potential, but the degree of support provided to the handicraft sector is low. The study aims to evaluate the socioeconomic factors influencing the viability of handicraft small businesses operating in KwaZulu-Natal. Data collection was drawn from a

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Gervase Iwu, Chux. "Sustaining small businesses in emerging economies: an examination of the pre and post startup ramifications." Problems and Perspectives in Management 15, no. 1 (2017): 227–36. http://dx.doi.org/10.21511/ppm.15(1-1).2017.10.

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Set in the Western Province of South Africa, this study is centred on a group of small business owners who received financial support from a leading South African business developer. The main aims were to obtain from the recipients what they envisaged as their main challenges, and to compare those challenges at a later stage to get a better understanding of the real challenges of small business pre and post startup. The ultimate benefit will be to report on these to inform practitioners and researchers so that every stakeholder can have a fresher insight into this phenomenon with the hope that

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Chidinma Maduekwe, Caroline, and Peter Kamala. "Performance measurement by small and medium enterprises in Cape Metropolis, South Africa." Problems and Perspectives in Management 14, no. 2 (2016): 46–55. http://dx.doi.org/10.21511/ppm.14(2).2016.05.

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High failure rate of small and medium enterprises (SMEs) has been partly attributed to the use of inappropriate performance measures. This study seeks to determine the types of performance measures employed by SMEs, purpose for which performance measures are used, perceived effectiveness of performance measures used and factors that may inhibit SMEs from using both financial and non-financial performance measures. Data are collected using a questionnaire and analyzed using descriptive and inferential statistics. The findings of this study reveal that most of the sampled SMEs measure their perf

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J. Schmidt, Holger, Roger B. Mason, Juan-Pierré Bruwer, and Jonathan Aspeling. "Access to finance problems for small retail businesses in South Africa: comparative views from finance seekers (retailers) and finance providers (banks)." Banks and Bank Systems 12, no. 2 (2017): 20–30. http://dx.doi.org/10.21511/bbs.12(2).2017.02.

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Small retail businesses are essential for the growth of the South African economy. Though many of these business entities need more assets to seize business opportunities, previous research studies suggest that their overall access to finance through banks and other finance providers seems to be limited. In general, small retail businesses are usually managed by entrepreneurs who lack financial knowledge, but banks, when deciding on credit applications, rely heavily on financial information, which is provided by these entrepreneurs. Notwithstanding the aforementioned, this study aimed to explo

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Mwila, Natasha Katuta, and Mabel Ironn Sky Turay. "Augmenting talent management for sustainable development in Africa." World Journal of Entrepreneurship, Management and Sustainable Development 14, no. 1 (2018): 41–49. http://dx.doi.org/10.1108/wjemsd-03-2017-0012.

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Purpose With the steady overall development of the continent, the African business landscape over the last decade has witnessed increased growth through numerous avenues. Growth has been through the emergence of formalised small and medium enterprises, the growth of business and transition from one scale to another as well as inward foreign direct investment. The purpose of this paper is to investigate how this business growth can be sustained, particularly in the area of talent management, within the framework of the United Nations Sustainable Development Goals. Design/methodology/approach Th

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Moyo, Busani. "Crime, security and firm performance in South Africa." Corporate Ownership and Control 9, no. 4-2 (2012): 241–52. http://dx.doi.org/10.22495/cocv9i4c2art5.

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We use cross sectional data from the World Bank enterprise surveys gathered in 2007 in South Africa’s four cities (Johannesburg, Cape Town, Durban and Port Elizabeth) to assess the impact of business related crimes on firm performance proxied using firm sales. Using Ordinary Least Squares (OLS) and Tobit model, we find that crime in the form of theft, robbery, arson and vandalism has a negative effect on sales and hence firm performance. However the impact of domestic shipment crime is mixed and varies from city to city depending on the magnitude of losses incurred by firms in each city. Resul

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Madzimure, Jeremiah. "THE COMPLIANCE CHALLENGES OF SMALL, MEDIUM AND MICRO ENTERPRISES IN SOUTH AFRICA." EURASIAN JOURNAL OF BUSINESS AND MANAGEMENT 8, no. 3 (2020): 182–90. http://dx.doi.org/10.15604/ejbm.2020.08.03.002.

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The Small, Medium and Micro Enterprises (SMMEs) play a crucial role in the development of South African economy through job creation and improving the standard of living. Despite their importance, majority of these SMMEs are facing compliance challenges. The study seeks to identify compliance challenges of SMMEs in terms of the company act and the impact on their ability to conduct business while remaining competitive and legal in South Africa. This study was conducted in Gauteng province of South Africa. The study applied a qualitative, interpretive approach. The thematic analysis through ind

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Sitharam, Sharmilee, and Muhammad Hoque. "Factors affecting the performance of small and medium enterprises in KwaZulu-Natal, South Africa." Problems and Perspectives in Management 14, no. 2 (2016): 277–88. http://dx.doi.org/10.21511/ppm.14(2-2).2016.03.

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Small and medium enterprises (SMEs) have an important role to play in the development of the country. A strong SME sector contributes highly to the economy, contributing to the gross domestic product, by reducing the level of unemployment, reduction in poverty levels and promotion of entrepreneurship activity. In South Africa (SA), the growth of SMEs and prevalence of SMEs is significantly low. Therefore, the aim of the study is to identify the internal and external factors affecting the performance of SMEs in KwaZulu-Natal, SA. This was a cross-sectional study conducted among 74 SMEs owners/m

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Masutha, Mukhove, and Christian M. Rogerson. "Small enterprise development in South Africa: The role of business incubators." Bulletin of Geography. Socio-economic Series 26, no. 26 (2014): 141–55. http://dx.doi.org/10.2478/bog-2014-0050.

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Abstract Business incubation is a relatively new phenomenon in scholarship and policy development for small enterprise development. Business incubators offer targeted business support and technical support services to accelerate the growth of emerging and small start-up business enterprises into financially and operationally independent enterprises. South Africa has adopted business incubation as one vehicle for upgrading the SMME economy. This article examines the evolution of policy towards business incubation, current progress, institutional issues and emerging geographies of business incub

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Peters, Ricardo Martin, Garth Van Gensen, Eslyn Bleighnaul Hugh Isaacs, Mark Jonathan Botha, and Visvanathan Naicker. "Education And Small Business Growth: A Gender Perspective Of Two Divergent Provinces In South Africa." International Business & Economics Research Journal (IBER) 13, no. 5 (2014): 1127. http://dx.doi.org/10.19030/iber.v13i5.8779.

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The article attempts to identify whether the level of education and gender has an impact on the business growth of SMMEs in a developing economy. The study furthermore looks at the contribution made by the SMME sector from a spatial perspective. The Western Cape is seen as a more affluent province and a bigger contributor to the countrys GDP as opposed to KwaZulu-Natal, which comprises of the former province of Natal and the Zululand homelands. Entrepreneurship can be considered as one of the means of creating an enabling environment conducive to reducing poverty, stimulating economic growth,

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Simon Chili, Nsizwazikhona, and Simiso Lindokuhle Mabaso. "The challenges of developing small tourism enterprises in townships: case of Umlazi, South Africa." Problems and Perspectives in Management 14, no. 1 (2016): 201–5. http://dx.doi.org/10.21511/ppm.14(1-1).2016.08.

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Township tourism in South Africa has grown in popularity since 1994 and is considered by some researchers to be an appropriate mechanism for stimulating local economic development. Opportunities for the development of black-owned enterprises in South Africa began for the first time when the country integrated into the global tourism economy after many years of international sanctions. The growth of township tourism thus can provide the context for potential economic opportunities for local entrepreneurs to enter the business, an activity that traditionally has been the domain of established wh

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Sephapo, Catherine Mpolokeng, Johannes Arnoldus Wiid, and Michael Colin Cant. "The perception of sponsorship usefulness among South African small business owners." Corporate Ownership and Control 11, no. 4 (2014): 475–88. http://dx.doi.org/10.22495/cocv11i4c5p6.

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Sponsorship is a powerful marketing tool that organisations in South Africa are embracing. From the evaluation of the sponsorship growth over the years, the industry in South Africa has developed from a R63 million industry in 1985 to the value of just under R7 billion in 2011 (City Press, 2012). Small businesses in South Africa are faced with the challenge of effectively reaching target segments. These small businesses are restricted in terms of limited marketing budgets and therefore need alternative ways of improving their brands in the eyes of the consumer. Theoretically, sponsorship is co

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Matchaba-Hove, Tony, Shelley Farrington, and Gary Sharp. "The entrepreneurial orientation - Performance relationship: A South African small business perspective." Southern African Journal of Entrepreneurship and Small Business Management 7, no. 1 (2015): 36. http://dx.doi.org/10.4102/sajesbm.v7i1.6.

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<p>The high failure rate among small businesses in South Africa has created an urgent need to identify strategies that will improve their levels of performance. The purpose of this study was to investigate the relationship between entrepreneurially orientated strategies implemented by small businesses in the Eastern Cape and the influence of these strategies on business performance. Entrepreneurial orientated strategies were assessed in terms of the five dimensions of entrepreneurial orientation, namely innovativeness, proactiveness, competitive aggressiveness, risk-taking and autonomy.

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Willemse, Leonard C. "A critical analysis of the barriers to entry for small business owners imposed by Sections 12E(4)(a)(iii) and (d) and paragraph 3(b) of the Sixth Schedule Of The Income Tax Act, No. 58 of 1962." Journal of Economic and Financial Sciences 5, no. 2 (2012): 527–46. http://dx.doi.org/10.4102/jef.v5i2.298.

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According to National Treasury’s Explanatory Memorandum on the Revenue Laws Amendment Bill, 2008, small businesses in South Africa are instrumental in the growth of the South African economy as they are a source of job creation and a counter to poverty. Research, however, indicates that small businesses face many obstacles, such as relatively high tax compliance costs. It was, therefore, proposed in the 2008 Budget Review that a turnover tax system be implemented for micro businesses with a turnover of up to R1 million per annum to simplify the tax compliance process. Similarly, section 12E wa

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Jere, Mlenga, Albertina Jere, and Jonathan Aspeling. "A study of small, medium, and micro-sized enterprise (SMME) business owner and stakeholder perceptions of barriers and enablers in the South African retail sector." Journal of Governance and Regulation 4, no. 4 (2015): 620–30. http://dx.doi.org/10.22495/jgr_v4_i4_c5_p7.

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Despite the support extended to the small business sector in South Africa, the growth and survival rates of small, medium, and micro-sized enterprises (SMMEs) are lower than expected. This paper investigates business owner and stakeholder perceptions of barriers and enablers of the start-up, survival, and growth of SMMEs in the South African retail sector. A qualitative research design using semi-structured interviews was employed for data collection from samples of stakeholders and business owners. Framework analysis was used to analyse both sets of data. The findings show that the stakeholde

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Elliott, R., and C. Boshoff. "The utilisation of the Internet to market small tourism businesses." South African Journal of Business Management 36, no. 4 (2005): 91–104. http://dx.doi.org/10.4102/sajbm.v36i4.646.

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The tourism sector has been identified as an industry that has the potential to make a substantial contribution to the growth of the South African economy. The majority of tourism ventures are, however, small businesses, which differ from their larger counterparts not only in terms of size, but also in regard to access to resources and marketing expertise. Not surprisingly, one of the issues identified as preventing this sector from reaching its full potential is access to markets. The Internet has been identified as tool which may assist small businesses in both their global and domestic mark

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Coldwell, David Alastair Lindsay, and Tasneem Joosub. "Corporate social responsibility in South Africa: quo vadis?" African Journal of Economic and Management Studies 6, no. 4 (2015): 466–78. http://dx.doi.org/10.1108/ajems-11-2013-0102.

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Purpose – Strategies and policies aimed at alleviating poverty in Sub-Saharan African countries usually depend on capitalistically driven economic growth. However, the view that capitalism needs to reinvent itself to survive the crisis of confidence brought about by the recent global financial collapse depends on the extent to which such a shared value oriented, sustainable capitalist reinvention is embraced by emergent business leaders. A sustainable system of capitalism driven by business and community shared value can only take root if the hearts and minds of future business leaders are con

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Sibindi, Athenia Bongani, and Augustine Oghenetejiri Aren. "Is good corporate governance practice the panacea for small-to-medium businesses operating in the South African retail sector?" Corporate Ownership and Control 12, no. 2 (2015): 579–89. http://dx.doi.org/10.22495/cocv12i2c6p1.

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The small, micro and medium business enterprises (SMMEs) sector is universally acclaimed for fostering economic growth in many economies. The health of this sector is largely premised on the observance of good corporate governance tenets. The purpose of this paper is to determine whether good corporate governance practice has been firmly embedded in the small-to-medium enterprise (SMMEs) sector in South Africa. In this study we interrogate the influence of good internal control systems, with a special focus on cash flow management practices on the survival or growth of the SMMEs. This paper ut

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Mpele Lekhanya, Lawrence. "Business characteristics of small and medium enterprises in rural areas: a case study on southern region of KwaZulu-Natal province of South Africa." Problems and Perspectives in Management 14, no. 3 (2016): 108–14. http://dx.doi.org/10.21511/ppm.14(3).2016.11.

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This paper reports on the small and medium enterprises (SMEs) business characteristics in rural places of Southern KwaZulu-Natal (KZN) province. It was intended to identify and discuss the various characteristics and the implications they have on the survival and growth of rural enterprises. The study was conducted in five areas (uMuziwabantu, Ubuhlebezwe, Sisonke, Zingolweni and uMzimkhulu) Southern Region of KZN province. The sample consisted of 127 SMEs owners/managers operating in the selected areas using a quota sampling method, with respondents completing a five-point Likert scale questi

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Aren, Augustine Oghenetejiri, and Athenia Bongani Sibindi. "Cash flow management practices: An empirical study of small businesses operating in the South African retail sector." Risk Governance and Control: Financial Markets and Institutions 4, no. 2 (2014): 87–100. http://dx.doi.org/10.22495/rgcv4i2c1art1.

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The small, micro and medium business enterprises (SMMEs) sector is universally acclaimed for fostering economic growth in many economies. The health of this sector is largely premised on the observance of prudent financial management tenets, mainly cash flow management. In this study we interrogate the influence of cash flow management practices on the survival or growth of the SMMEs by conducting a survey amongst the SMMES operating in the retail sector of Pretoria in South Africa. We find evidence that cash flow management is extremely important to the survival of a business, particularly sm

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Worku, Zeleke. "Barriers to the development of entrepreneurial activities in newly established small, micro and medium sized enterprises in Tshwane." Corporate Ownership and Control 12, no. 3 (2015): 317–31. http://dx.doi.org/10.22495/cocv12i3c3p4.

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The purpose of the study was to identify and quantify differential factors that are known to adversely affect sustained growth and development in newly established Small, Micro and Medium Sized Enterprises (SMMEs) conducting business in and around Tshwane in South Africa. The study is based on a 5-year follow-up study (2007 to 2012) of a random sample of 349 small business enterprises that operate in and around the City of Pretoria in South Africa. Data was gathered from each of the businesses on socioeconomic factors that are known to affect the long-term survival of small businesses. The obj

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John Nyide, Celani, and Sharon Zunckel. "Interplay between capital structure choice and survival and growth of small, medium, and micro enterprises: A South African context." Problems and Perspectives in Management 17, no. 4 (2019): 121–30. http://dx.doi.org/10.21511/ppm.17(4).2019.10.

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It is essential for small, medium, and micro enterprises (SMMEs) to become established, be sustainable and grow. These firms play a vital role in the economy of both developed and developing countries. Empirical studies have acknowledged the contribution of SMMEs to the economy, as well as to the gross domestic product. However, the failure rate of these firms has also been emphasized in the same studies. SMME survival is critical for economic growth, which is measured by increases in profits. Capital structure decisions are significant to the survival and growth of these entities. This study

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Lekhanya, Lawrence Mpele. "Leadership and corporate governance of small and medium enterprises (SMEs) in South Africa: Public perceptions." Corporate Ownership and Control 12, no. 3 (2015): 215–22. http://dx.doi.org/10.22495/cocv12i3c2p1.

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The main, underlying constraint to the growth of Small and Medium Enterprises (SMEs) is a lack of corporate governance (CG) structure (Mahmood 2014). In considering the UK- Department for Business Innovation and Skills report (2012), this constraint is described as one of the fundamental problems holding back the growth of SMEs. The report states it is this lack of leadership and management capability that should be present, to drive performance and enable them to succeed. However, statistics support the indispensable role that SMEs perform in a country’s economy and when the significance of t

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Peters, Ricardo M., and Pradeep Brijlal. "The Relationship between Levels of Education of Entrepreneurs and Their Business Success." Industry and Higher Education 25, no. 4 (2011): 265–75. http://dx.doi.org/10.5367/ihe.2011.0048.

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The small, medium and micro enterprise (SMME) sector has been widely recognized as an engine of economic growth in South Africa. The implementation of the National Small Business Strategy (NSBS) in 1995 established important objectives for the sector to address such problems as lack of access to markets and procurement, lack of access to finance and credit, low skills and education levels, lack of access to information and a shortage of effective support institutions. In response, the South African government established institutions and programmes designed to improve access to sources of fina

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Msomi, Thabiso, and Odunayo Olarewaju. "Evaluation of access to finance, market and viability of small and medium-sized enterprises in South Africa." Problems and Perspectives in Management 19, no. 1 (2021): 281–89. http://dx.doi.org/10.21511/ppm.19(1).2021.24.

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Access to finance and market has been described as a predominant challenge confronting small and medium-sized enterprises (SMEs). Hence, this paper seeks to evaluate access to finance, market access and viability of SMEs. A quantitative research method and a purposive sampling technique were used to select the participants for this study. Respondents from retail, manufacturing, construction and agricultural SMEs operating in Durban, KwaZulu-Natal, were selected to complete the structured questionnaires. 310 questionnaires were returned out of 321 distributed. The study revealed a significant e

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E T, Maziriri, and Chinomona E. "Modeling the Influence of Relationship Marketing, Green Marketing and Innovative Marketing on the Business Performance of Small, Medium and Micro Enterprises (SMMES)." Journal of Economics and Behavioral Studies 8, no. 3(J) (2016): 127–39. http://dx.doi.org/10.22610/jebs.v8i3(j).1294.

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Small, Medium and Micro Enterprises (SMMEs) are considered as economic engines for many countries. In South Africa, the Small, Micro and Medium Enterprises (SMMEs) sector has been acknowledged as the driving force to foster economic growth and job creations. This paper aimed at examining how relationship marketing, green marketing and innovative marketing influence the business performance of Small, Medium and Micro Enterprises (SMMEs) in Southern Gauteng, South Africa. The study utilized a quantitative research paradigm. A structured questionnaire consisting of validated scales for relationsh

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Maas, G. J. P., P. Court, and J. Zeelie. "Accelerating Entrepreneurial Development in South Africa." International Journal of Entrepreneurship and Innovation 2, no. 1 (2001): 27–33. http://dx.doi.org/10.5367/000000001101298756.

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The worldwide trend towards outsourcing non-core, company-specific activities has a number of positive macroeconomic implications. The most notable of these is the contribution that this trend will have in promoting the growth of small, micro- and medium-sized enterprises. This, in turn, should stimulate the socioeconomic development of the environment by adding value at the lower levels of production. This paper sets out to document how the successful implementation of an outsourcing project was achieved in a developing economy and makes recommendations as to its successful replication in oth

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C. Cant, Michael, Safura Mohamed Kallier, and Johannes A. Wiid. "SMEs and product mix decisions: fact or fiction." Problems and Perspectives in Management 14, no. 3 (2016): 608–16. http://dx.doi.org/10.21511/ppm.14(3-3).2016.03.

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Research over the years has shown that in order for any business to survive, the correct product mix must be offered to the market. If the product does not satisfy the needs of the market, its reason for existence can be questioned. This principle applies to all businesses – big or small. The question arises if SMEs adhere to this fact and, if so, how they go about doing this. SMEs over the world make huge contributions to economic growth and job creation and are seen to be a driving force for economic growth and development in any economy. In the highly competitive environment that SMEs opera

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Olarewaju, Odunayo, and Thabiso Msomi. "Factors Affecting Small and Medium Enterprises’ Financial Sustainability in South Africa." African Journal of Inter/Multidisciplinary Studies 3, no. 1 (2021): 103–17. http://dx.doi.org/10.51415/ajims.v3i1.893.

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The dwindling growth of small businesses and their rate of failure in South Africa has been traced to poor financing. Thus, the factors affecting the financial sustainability of small and medium-sized enterprises in South Africa are examined in this study. Using purposive sampling, data were collected from 310 respondents, however six were incorrectly completed. The analysis was based on data collected from 304 respondents which cut across owners and/or managers from small and medium construction, manufacturing, retail, and agricultural enterprises. A quantitative research design that falls un

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Zwane, Bonginkosi Keith, and Celani John Nyide. "Financial bootstrapping and the small business sector in a developing economy." Corporate Ownership and Control 14, no. 1 (2016): 433–42. http://dx.doi.org/10.22495/cocv14i1c3p3.

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The assumption in academic literature and public debate is that lack of financial resources generally restrains small businesses’ development and growth. With the constraints that small businesses face to access outside funding, there is a need to investigate bootstrapping as a means of obtaining resources which will lead to a reduction in the need for outside financing. The challenge facing small businesses in terms of obtaining finance from traditional sources has necessitated this study. A sample was chosen on a non-probability basis using convenience sampling of small business owners withi

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Lekhanya, Lawrence Mpele. "Public outlook on small and medium enterprises as a strategic tool for economic growth and job creation in South Africa." Journal of Governance and Regulation 4, no. 4 (2015): 412–18. http://dx.doi.org/10.22495/jgr_v4_i4_c3_p7.

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In spite of the key role played by the Small and Medium enterprises in economic development, there has been little effort to look at what needs to be done to improve survival and growth of SMEs. There is still a general lack of in-depth understanding from policy makers and other relevant stakeholders of how SMEs can be used as a strategic tool for economic growth and job creation in South Africa. These misperceptions and misunderstand leads to continuous failure to SMEs survival and growth. This study seeks to address this research gap. The study investigates the public views on what needs to

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Joubert, C. S., N. J. Schoeman, and J. N. Blignaut. "Small, Medium and Micro-Sized Enterprises (SMMEs) and the housing construction industry: A possible solution to South Africa's socio-economic problems." South African Journal of Economic and Management Sciences 2, no. 1 (1999): 21–33. http://dx.doi.org/10.4102/sajems.v2i1.2561.

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South Africa as a developing country faces many socio-economic problems like high unemployment, low levels of working skills, poverty and rampant crime. In this paper it is argued that by targeting SMMEs both in general and specifically in the housing construction industry, there is meaningful scope for the creation of jobs in the South African economy. This is mainly because SMMEs are labour intensive. Using Endogenous Growth theory as a basis, it is argued that by employing greater numbers of workers the level of skills in the economy can be raised too.

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Sewell, William, Roger B. Mason, and Petrus Venter. "Financial growth and sustainability in retail SMMes: Study of work-integrated learning policy." Risk Governance and Control: Financial Markets and Institutions 7, no. 2 (2017): 204–13. http://dx.doi.org/10.22495/rgcv7i2c1p8.

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This evaluation of Work-Integrated Learning (WIL) with Small, Medium and Micro Enterprise (SMME) retailers in South Africa arose from observations that vocational education goals required in this sector are not being achieved. Qualitative methodologies were used, including dialogic interviews and questionnaire surveys of purposive samples of SMME retailers, tertiary vocational educators and retail students, as well as insights from large retailers and skills development facilitators. Findings indicate lack of consensus on WIL strategies, and that for WIL within retail SMMEs to succeed, small b

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Chisasa, Joseph. "Rural credit markets in South Africa: A review of theory and empirical evidence." Corporate Ownership and Control 12, no. 1 (2014): 363–74. http://dx.doi.org/10.22495/cocv12i1c3p6.

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The demand for and supply of financial services in general and credit instruments in particular by rural South Africa still remains a confounding problem. The aim of this paper is to determine the status of rural credit markets in South Africa by reviewing theory and evidence from empirical studies. It is observed that financial markets in South Africa are fragmented between formal and informal markets. Formal financial markets generally serve urban and peri-urban areas with a thin distribution of services to people living in rural areas. Rather, informal financial institutions such as savings

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BISCHOFF, Christine, and Geoffrey WOOD. "Selective informality: The self-limiting growth choices of small businesses in South Africa." International Labour Review 152, no. 3-4 (2013): 493–505. http://dx.doi.org/10.1111/j.1564-913x.2013.00190.x.

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M, Tirivangasi H. "Fostering Entrepreneurship Education among Women and Girls in South Africa: Destroying the Gendered and Encultured Patriachies." Journal of Economics and Behavioral Studies 9, no. 6(J) (2018): 227–36. http://dx.doi.org/10.22610/jebs.v9i6(j).2019.

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Gender inequality has been in existence in as much as the humans themselves. The South African women and girls like many other societies around the world are also suffering from the lack of opportunities whilst men still receive favorable treatment. The government of South Africa engaged in the promotion of Small and Medium Enterprises (SMEs) as part of empowerment projects for the Black people since the attainment of democratic rule in 1994. Entrepreneurship continues to play an integral role in the South African economy as well as the economies of many developing countries around the world.

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M, Tirivangasi H. "Fostering Entrepreneurship Education among Women and Girls in South Africa: Destroying the Gendered and Encultured Patriachies." Journal of Economics and Behavioral Studies 9, no. 6 (2018): 227. http://dx.doi.org/10.22610/jebs.v9i6.2019.

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Gender inequality has been in existence in as much as the humans themselves. The South African women and girls like many other societies around the world are also suffering from the lack of opportunities whilst men still receive favorable treatment. The government of South Africa engaged in the promotion of Small and Medium Enterprises (SMEs) as part of empowerment projects for the Black people since the attainment of democratic rule in 1994. Entrepreneurship continues to play an integral role in the South African economy as well as the economies of many developing countries around the world.

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Pooe, R., and C. Mafini. "Business development challenges in a rural District Municipality in South Africa: A case of Fezile Dabi District Municipality." Southern African Journal of Entrepreneurship and Small Business Management 5, no. 1 (2012): 89. http://dx.doi.org/10.4102/sajesbm.v5i1.29.

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<p>Business development continues to be an important driver of economic growth in many rural settings. Some of the results of business development in rural areas include job creation, innovation, entrepreneurship, infrastructural development, and skills development, among others. Many developing countries have identified rural business development as a critical area in their development agenda. The purpose of this study was to explore business development challenges faced by enterprises in the Fezile Dabi District Municipality in rural South Africa. Using the survey method, a questionnai

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Blake, Julian, Sonja Fourie, and Michael Goldman. "The relationship between sports sponsorships and corporate financial returns in South Africa." International Journal of Sports Marketing and Sponsorship 20, no. 1 (2019): 2–25. http://dx.doi.org/10.1108/ijsms-12-2016-0088.

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Purpose Sponsorship is a major contributor to income in the South African sports arena, and is a critical component allowing sports unions to remain financially viable and sustainable. Sports sponsoring companies, however, have long questioned the financial returns generated from these ventures. The purpose of this paper is to understand whether financial returns of companies with sports sponsorship in South Africa are significantly different to those without. This research was conducted on Johannesburg Stock Exchange (JSE) listed companies that sponsored sport consistently between 2000 and 20

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Gstraunthaler, Thomas. "Corporate governance in South Africa: the introduction of King III and reporting practices at the JSE alt-x." Corporate Ownership and Control 7, no. 3 (2010): 149–57. http://dx.doi.org/10.22495/cocv7i3p11.

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South Africa has experienced a tremendous growth in its economy since its first free elections in 1994. Politicians, however, consider the transformation of the society and more equally distributed wealth as one of their key goals. Thus, companies often find themselves under scrutiny as regards their contribution. A new corporate governance code (King III) will become effective in March 2010. This reworked code now tries to enhance the reporting practices of companies as to their sustainability and corporate social engagement and tries to link international standards of corporate governance wi

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Krugell, Waldo, and Marianne Matthee. "South African firm-level evidence of the links between finance and efficiency." Journal of Economic and Financial Sciences 5, no. 1 (2012): 271–86. http://dx.doi.org/10.4102/jef.v5i1.317.

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Small and medium-sized enterprises are often seen as drivers of economic growth and development by generating employment opportunities. However, for SMEs to be successful they need finance. Access to finance has been found to be a major obstacle to SMEs’ ability to do business in South Africa. This paper takes a closer look at firms, their access to finance and output per worker in South Africa, by using data from the World Bank Enterprise Survey 2007. The results show that firms that are financially constrained are more vulnerable to shocks and competition, and are weaker contributors to empl

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Bick, Geoff, and Jeanné Odendaal. "UCOOK: growth challenges faced by a small- to medium-sized South African venture." Emerald Emerging Markets Case Studies 9, no. 3 (2019): 1–33. http://dx.doi.org/10.1108/eemcs-02-2019-0042.

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Learning outcomes The learning outcomes are as follows: to understand how technology can be used to create innovative entrepreneurial opportunities; to develop analytical and critical thinking skills to understand organisations, industries and their dynamics; to analyse strategic options for an entrepreneurial organisations and motivate a proposed strategic direction; and to assess the inter-functional requirements for an entrepreneurship to successfully implement a strategy. Case overview/synopsis UCOOK, a successful emerging economy SME, is confronted with the threat of retail giants (e.g. C

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Krüger, L. P. "South African managers’ perceptions of black economic empowerment (BEE): A ‘sunset’ clause may be necessary to ensure future sustainable growth." Southern African Business Review 18, no. 1 (2019): 80–99. http://dx.doi.org/10.25159/1998-8125/5646.

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Transformational policies in South Africa, such as black economic empowerment (BEE), have increasingly and inextricably become part of the everyday political, economic and social life of all South Africans since the founding of the new democracy in April 1994. In this regard, South African businesses are subject to a whole array of mandatory regulations which specifically influence their operational capabilities and competitiveness to compete effectively and efficiently in both national and global markets. In a survey among 500 individual managers in South African businesses ranging from small

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Rambe, Patient, and Naledi Makhalemele. "Relationship Between Managerial Competencies Of Owners / Managers Of Emerging Technology Firms And Business Performance: A Conceptual Framework Of Internet Caf Performance In South Africa." International Business & Economics Research Journal (IBER) 14, no. 4 (2015): 677. http://dx.doi.org/10.19030/iber.v14i4.9357.

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Despite the growing literature on the impact of entrepreneurial traits of managers/owners on the performance of small firms in developed economies, little is known about the contribution of managerial competencies (MC) of these managers/owners to the success of their firms. Since entrepreneurial literature attributes the failure of most emerging businesses (i.e. in their first three years of existence) to the paucity of MC among managers/owners of emerging businesses, an investigation into the effects of these competencies on the performance of small emerging internet businesses is critical to

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Fatoki, Olawale. "The Impact of Entrepreneurial Resilience on the Success of Small and Medium Enterprises in South Africa." Sustainability 10, no. 7 (2018): 2527. http://dx.doi.org/10.3390/su10072527.

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Small and medium enterprises (SMEs) have a significant role to play in a country’s sustainable development. The measures of a country’s sustainable development include economic and social factors. The sustainability of small and medium enterprises is vital to job creation, poverty reduction, and sustainable economic growth. The high failure rate of SMEs negatively impacts on South Africa’s sustainable development. The purpose of the study was to investigate the relationship between entrepreneurial resilience and the success of SMEs in South Africa. Success was measured using both organisationa

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Mahadea, Darma, and Morgan Pillay. "Environmental conditions for SMME development in a South African province." South African Journal of Economic and Management Sciences 11, no. 4 (2011): 408–30. http://dx.doi.org/10.4102/sajems.v11i4.269.

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The development of entrepreneurship is the focus of considerable policy interest in South Africa and many other countries. This is particularly in recognition of its contribution to economic growth, poverty alleviation and employment creation. In South Africa, various new strategies and institutions have recently been created with a view to empowering formerly disadvantaged members to enter the mainstream economy as entrepreneurs rather than job seekers. While the government directs considerable efforts to advancing Small, Medium and Micro Enterprises (SMMEs), certain environmental factors can

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