- Title
- An assessment of the disbursement of government funding for small, medium, and micro enterprises in the manufacturing sector in Nelson Mandela Bay
- Creator
- Phinda, Sinazo Bukeka
- Subject
- Small business
- Subject
- Local finance -- Eastern Cape (South Africa)
- Subject
- Finance, Public -- South Africa
- Date Issued
- 2024-12
- Date
- 2024-12
- Type
- Master's theses
- Type
- text
- Identifier
- http://hdl.handle.net/10948/70383
- Identifier
- vital:78345
- Description
- This study has assessed the government's financial support for Small, Medium, and Micro Enterprises (SMMEs) in the Manufacturing Sector in Nelson Mandela Bay. The Nelson Mandela Bay Metropolitan Municipality is a region with a high potential for economic growth and development. Even though the region is reliant on the government for the majority of its income and earnings, there is major potential for the region to create more jobs and work opportunities, especially among the youth of the region. The problem that drove this study was the financial challenges faced by Small, Medium, and Micro Enterprises (SMMEs) in the manufacturing sector in Nelson Mandela Bay. To address these challenges government has created agencies to provide financial access to SMMEs. Theses government agencies include the Industrial Development Corporation, the Small Enterprise Finance Agency (SEFA), the Department of Trade, Industry and Competition (DTIC), the National Empowerment Fund Act No 105 of 1998 (NEF), and the National Youth Development Agency (NYDA), etc. This research adopted the use of a qualitative approach, for this study it is a suitable approach due to time and resource efficiency, as it used desktop analysis and secondary data which entails internet sources. Based on the literature reviewed in this study, financial challenges to SMMEs are not only an NMB challenge but a national challenge that needs to be addressed urgently. The literature in this study noted that these financial challenges are because of government policies, education and training, access to information, and funding requirements. The effective employment of recommendations in this study can improve the processes and procedures for SMMEs to be able to access both financial and non-financial support from the government.
- Description
- Thesis (MPA) -- Faculty of Humanities, School of Governmental and Social Sciences, 2024
- Format
- computer
- Format
- online resource
- Format
- application/pdf
- Format
- 1 online resource (93 pages)
- Format
- Publisher
- Nelson Mandela University
- Publisher
- Faculty of Humanities
- Language
- English
- Rights
- Nelson Mandela University
- Rights
- All Rights Reserved
- Rights
- Open Access
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- Visitors: 13
- Downloads: 7
Collections
NMU School of Governmental and Social Sciences
| Thumbnail | File | Description | Size | Format | |||
|---|---|---|---|---|---|---|---|
| View Details Download | SOURCE1 | Phinda, S December 2024.pdf | 1 MB | Adobe Acrobat PDF | View Details Download |