- Title
- Enterprise development funds as a catalyst for growth and sustainability of black-owned SMMEs in manufacturing
- Creator
- Tsheketshe, Yomelela Mfundo
- Subject
- Business enterprises, Black -- South Africa
- Subject
- Small business
- Date Issued
- 2022-04
- Date
- 2022-04
- Type
- Master's theses
- Type
- text
- Identifier
- http://hdl.handle.net/10948/58223
- Identifier
- vital:58742
- Description
- South Africa is confronted with a skewed economy along racial lines through a history of colonialism and apartheid. The laws of government have tried to include companies in advancing social cohesion and in dealing with issues of the historical exclusion of African communities from the mainstream economy. With the advent of democracy, the government has been faced with the mammoth task of driving transformation and inclusion in various sectors of the economy. Various pieces of legislation have been promulgated to give effect to this ideal. The Broad Based Black Economic Empowerment (BBBEE) Act with its associated regulations has Enterprise and Supplier development (ESD) as one of the five pillars underpinning the targeted areas for transformation in companies. Enterprise development is a key contributor to companies achieving a good score card rating as determined by the government of South Africa for various industries. This scoring also has advantages in terms of accessing government incentives as well as procurement opportunities for businesses with government. Companies therefore deploy capital for the development of businesses within their supply chains and also any other businesses whether or not they do business with them. This process of enterprise development funding is largely undefined and sees companies use various methods and criteria to deploy the capital with a myriad of outcomes all of which vary depending on the area of interest. The primary intent of the enterprise development funds is to create patient, free and sometimes affordable capital for the growth and sustainability of previously disadvantaged businesses in the South African context. Industries like manufacturing, in their nature are capital intensive and require huge capital outlays which then become a barrier to entry particularly for previously disadvantaged groupings like black people. The aim of the study is to identify key determinants that can unlock the growth and sustainability of black owned SMMEs in the manufacturing sector and also to understand the environment in which they operate. It is intended to assist policy makers, enterprise development practitioners, regulators and the beneficiaries of enterprise development on what can be done to ensure that this critical programme achieves its desired outcome.
- Description
- Thesis (MA) -- Faculty of Business and Economic science, 2022
- Format
- computer
- Format
- online resource
- Format
- application/pdf
- Format
- 1 online resource (xi, 104 pages)
- Format
- Publisher
- Nelson Mandela University
- Publisher
- Faculty of Business and Economic science
- Language
- English
- Rights
- Nelson Mandela University
- Rights
- All Rights Reserved
- Rights
- Open Access
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| Thumbnail | File | Description | Size | Format | |||
|---|---|---|---|---|---|---|---|
| View Details Download | SOURCE1 | Tsheketshe, Y.pdf | 1 MB | Adobe Acrobat PDF | View Details Download |