- Title
- The role of stakeholders in developing entrepreneurs in the bunkering industry: the case of Nelson Mandela Bay
- Creator
- Yibe, Luthando
- Subject
- Oil transfer operations -- South Africa -- Nelson Mandela Bay Municipality
- Subject
- Small business -- South Africa -- Nelson Mandela Bay Municipality
- Date Issued
- 2021-04
- Date
- 2021-04
- Type
- Master's theses
- Type
- text
- Identifier
- http://hdl.handle.net/10948/54849
- Identifier
- vital:48033
- Description
- In July 2014 the South African government launched an oceans economy growth and development program called Operation Phakisa: Ocean Economy. The oceans economy is one of the sectors that is identified by the South African government where entrepreneurship can play a meaningful role in contributing to South Africa’s economic growth. Shipping is regarded as a critical operation within the export and import activities of any country . About 30 000 vessels sail along the coast of South Africa each year and approximately 13 000 vessels visit South African ports annually. Bunker replenishment is identified as a critical component within the operation of ships. In 2016 the first offshore bunkering operations were in launched in the Nelson Mandela Bay ports to revitalise the bunkering business. The aim of the study is to provide insight into how entrepreneurs can recognise value in business models, the application of the business model framework and how stakeholders can play a role in developing entrepreneurs in the bunkering sector. A survey using interviews was conducted amongst key stakeholders in the bunkering industry in the Nelson Mandela Bay region. Six themes were formulated, and these themes formed the basis of the interview structure. The themes focused amongst on challenges faced by entrepreneurs, access to funding, impact of industry regulations, government programmes and support available to entrepreneurs and the application of business model and innovation. The findings revealed that whilst Small Medium Enterprises faced several challenges in entering the industry, the support provided by key stakeholders and the application of a business model is key if entrepreneurs are to be successful in the bunkering industry.
- Description
- Thesis (MBA) -- Faculty of Business and Economic Sciencess, 2021
- Format
- computer
- Format
- online resource
- Format
- Format
- 1 online resource (xii, 97 pages)
- Publisher
- Nelson Mandela University
- Publisher
- Faculty of Business and Economic Sciences
- Language
- English
- Rights
- rights holder
- Rights
- All Rights Reserved
- Rights
- Open Access
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Collections
NMU Business School
| Thumbnail | File | Description | Size | Format | |||
|---|---|---|---|---|---|---|---|
| View Details Download | SOURCE1 | Yibe L.pdf | 2 MB | Adobe Acrobat PDF | View Details Download |