- Title
- The sustainability of small, medium and micro enterprises within the Nelson Mandela Bay Metropole
- Creator
- Taft, Giovanni Sinclair
- Subject
- Small business -- South Africa -- Nelson Mandela Bay Municipality
- Subject
- Business enterprises -- South Africa -- Nelson Mandela Bay Municipality Construction industry -- South Africa -- Nelson Mandela Bay Municipality
- Date Issued
- 2019
- Date
- 2019
- Type
- Thesis
- Type
- Masters
- Type
- MSc
- Identifier
- http://hdl.handle.net/10948/43911
- Identifier
- vital:37083
- Description
- This research evaluates the sustainability of Small, Medium and Micro Enterprises (SMMEs) within the Nelson Mandela Bay Metropole. It seeks to identify whether the current government initiatives offered by the SEDA, DTI and CIDB are effectively addressing the major issues faced by SMMEs in order for them to remain sustainable. It seeks clarity on whether large construction companies should also take responsibility for keeping SMMEs sustainable. The challenges faced by SMMEs include limited financial resources, poor access to markets, little infrastructure, complex labour laws, rampant crime, shortage of skills and bureaucratic systems (SEDA 2016). Government has made concerted efforts to address these challenges so that affirmative action and Broad Based Black Economic Empowerment (B-BBEE) objectives are met. This led to the establishment of the SEDA, DTI and CIDB. Despite the above governments efforts, SMMEs are still failing, and the factors that contribute to this need to be identified. Not being sustainable restricts economic growth and further widens the gap between the haves and havenots. The research methodology included interviews with contractors, consultants and SMME employees. Data collected were analysed to establish patterns that emerged, and triangulation was employed to consolidate the analysis. The process was conducted against the backdrop of a literature review that explored definitions, international reviews of SMMEs, the experience of SMMEs in developing and developed nations and an evaluation of government support to SMMEs. The research confirmed that SMME employees were generally inexperienced, had a poor understanding of the construction industry and endured huge financial constraints. Appointed Professional Consultants did not include them in project planning, while large appointed Construction companies needed to acknowledge the vital role that they played in the overall state economy. Finally, recommendations are made to develop and sustain SMMEs so that they take their rightful place in the Nelson Mandela Bay Metropole.
- Format
- x, 128 leaves
- Format
- Publisher
- Nelson Mandela University
- Publisher
- Faculty of Engineering Built Environment and Information Technology
- Language
- English
- Rights
- Nelson Mandela University
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| Thumbnail | File | Description | Size | Format | |||
|---|---|---|---|---|---|---|---|
| View Details Download | SOURCE1 | Giovanni Taft (1).pdf | 987 KB | Adobe Acrobat PDF | View Details Download |